Industry News

multi-unit

Multi-res apartment demand defines Q2

Multi-suite residential properties are in demand in the second quarter, with transaction volumes growing by 17.5% year-over-year.
retirement living

Chartwell launches new retirement living campaign

Chartwell Retirement Residences is aiming to educate seniors and their adult children about retirement living through a new national advertising campaign.
retrofit financing

Toronto may extend reach of retrofit financing

Toronto Council is considering opening up a loan fund for energy upgrades to a larger pool of borrowers, including private sector landlords, condo corporations, health care and educational facilities.
Haeccity_Studio_Architecture

Historic rental building undergoes transformative renovation

Haeccity Studio Architecture, a Vancouver-based practice, recently completed a major revitalization of a three-storey, wood-framed building comprised of 19 rental units.
Order of Canada

KingSett’s Jon Love named to Order of Canada

Governor General Julie Payette announced the honour just prior to Canada Day, with accompanying acknowledgement of Jon Love's business leadership and philanthropy.
student housing

Alignvest launches Canadian student housing investment trust

Alignvest Management Corporation announced it has launched Alignvest Student Housing Real Estate Investment Trust (ASH REIT), an investment vehicle focused exclusively on Canadian student housing.
joint venture

Starlight and Blackstone form joint Canadian venture

Starlight Investments and an affiliate of Blackstone Property Partners have formed a joint venture to acquire a portfolio of six multifamily buildings comprised of 746 units.
construction

Federal and B.C. governments sign 10-year housing agreement

The federal and B.C. governments announced a 10-year housing agreement to invest more than $990 million toward new affordable housing construction and repairs of existing community housing.
CCI

TREB supports two new housing decisions

TREB has publically stated it is in favour of two new housing decisions that, if approved, could have a positive impact on Toronto's housing market.
energy retrofits and fuel switching

Quebec urges energy retrofits and fuel switching

Conservation is the top priority in Quebec's recently unveiled plan to reduce province-wide energy consumption, boost low-carbon supply and embrace electricity storage and smart grid applications.
Boardwalk Calgary

Boardwalk honoured by CRRA for best renovations

Boardwalk was honored at the 2018 Calgary Residential Rental Association's (CRRA) Awards Gala on June 7th, winning the award for Best Renovation of the Year.
home sales

Vancouver home sales slide 35.1 per cent in May

Home sales in Metro Vancouver continued to decrease in May 2018, reports the Real Estate Board of Greater Vancouver (REBGV).
Junction rental project

Unique rental project coming to Junction Triangle

TAS and the Toronto Public Library announced that they are breaking ground on a 14-storey, 235 unit rental building located at 299 Campbell Ave in Toronto's Junction Triangle
fire safety

Fatal apartment fire kills two in North Vancouver

A fatal apartment fire in North Vancouver’s Lynn Valley has left two people dead and 16 injured, according to various news reports.
energy use disparity

Energy use disparity seen in housing tenures

Analysis of nearly 133,000 households across the United States reinforces intuitive assumptions about who is most likely to invest in energy-efficient appliances.
Housing market concept

CMHC delivers results for Q1 2018

CMHC released its Q1 2018 financial report in late May, recapping its contributions to the Canadian housing markets and support to Canadians in housing need.
home sales

B.C. Rental Housing Task Force sets out to modernize tenancy laws

The B.C. Rental Housing Task Force announced it will be touring the province in June 2018, stopping in 10 communities to engage British Columbians.