Minto Apartment REIT announced it has purchased two multi-res buildings in Calgary for $63.8 million. In addition, it is moving forward on the redevelopment of a commercial property into a mixed-use multi-res and retail property in Ottawa.
The latest market report from Marcus & Millichap reveals the GTA apartment sector is experiencing another strong year, with continued growth projected.
Multi-suite residential properties are in demand in the second quarter, with transaction volumes growing by 17.5% year-over-year.
Recent data released from the Altus Group indicates that the Alberta market is showing signs of economic recovery, with Calgary and Edmonton both posting favourable results.
Starlight Investments announced that it has acquired four landmark concrete Vancouver apartment buildings comprised of 456 units.
According to a new report from Colliers International, Victoria's purpose-built rental market experienced strong, positive market conditions throughout 2017.
According to a recent market report from Avison Young, Canada's commercial real estate sector continues to possess varying, but largely healthy, property market fundamentals across the country's regions and asset classes.
Starlight U.S. Multi-Family announced it has acquired a 50 per cent interest in a 250-unit, garden style property known as Coventry Pointe, in Atlanta, Georgia.
Réseau Sélection announced it has acquired three retirement homes in Montreal, all of which were previously owned by Prével Retraite and the Fonds immobilier de solidarité FTQ
Northview Apartment REIT announced it has agreed to acquire a 1,250-unit portfolio from independent third-party vendors and affiliates of Starlight Group Property Holdings Inc. for an aggregate purchase price of $196.8 million
Overall, the Canadian real estate industry continues to be performing well with the apartment sector holding strong, according to the 2018 Emerging Trends in Real Estate report, published by PwC Canada and the Urban Land Institute
Colliers announced that it has sold a high density, mixed-use development site, located steps from the Burquitlam SkyTrain Station in West Coquitlam, B.C.
A new report from Avison Young looks at commercial real estate investment activity in five countries and 54 markets, including how the multifamily market has fared to date in 2017.
Skyline Apartment REIT announced that it has sold $173M in multi-residential real estate assets to Toronto-based Q Management LP. The sale consisted of nine properties and 1,036 apartment units located primarily in the city of Hamilton.
InterRent Real Estate Investment Trust announced that it has entered into an unconditional agreement to acquire two neighbouring high-rise apartments located in Montreal, Quebec.
Colliers Multifamily Advisory Group announced it has brokered the sale of a seven-storey Brampton property to Starlight Investments for a record-setting price.
Starlight U.S. Multi-Family (No. 5) Core Fund announced that it has acquired a-288 suite, Class "A" Nashville apartment community, constructed in 2015.