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ARTICLE · 13 APRIL 2005

Fractionals From A Lender’s Perspective

Blake, Cassels & Graydon LLP
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In 2010, Vancouver and Whistler will host the XXI Olympic Winter Games. That fact, along with British Columbia’s steadily growing tourism industry, is fuelling interest in new, flexible recreational property products. One such product that has been successful in British Columbia recently is the marketing of fractional real estate interests, or "fractionals". This article will explain the concept of fractionals and will analyze some of the issues surrounding the development and financin

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Article by Jeff Merrick and Paul Yeung, ©2005 Blake, Cassels & Graydon LLP

This article was originally published in Blakes Bulletin on Real Estate & Mortgage Financing - March 2005

In 2010, Vancouver and Whistler will host the XXI Olympic Winter Games. That fact, along with British Columbia’s steadily growing tourism industry, is fuelling interest in new, flexible recreational property products. One such product that has been successful in British Columbia recently is the marketing of fractional real estate interests, or "fractionals". This article will explain the concept of fractionals and will analyze some of the issues surrounding the development and financing of fractionals that will be of concern to lenders.

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