Archive | Case Studies

Lesson Learned: Don’t sell too early … if ever … but hold!

We came across a listing recently and thought you would appreciate this little story. It is an influential example of the power of owning and holding real estate. In December 2003, Prestigious Properties acquired Spruce Manor, a 12 unit building in Edmonton for $492,500 ($41,000/unit) with $100,000 in cash, the smallest PrestProp building ever acquired. After modest renovations […]

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