Transactions

GTA rental market Aug 2019

Elevated immigration fuels GTA rental market

A strong GTA rental market fuelled by favourable demographics lifted transaction velocity 8 per cent over the four quar­ters ending at mid-year 2019, according to a new report from Marcus & Milichap.
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Q Management LP acquires 911-suite property in Oshawa

Q Management LP announced it has acquired Rossland Park Residential Community in Oshawa, Ontario, from H. Kassinger Construction Limited for $220 million.
apartment lending

Investor interest in rental properties remains high

Altus Group released its latest Housing Report, indicating investor interest in rental remained high in 2018. Almost 1,100 rental properties comprised of over 40,000 suites were sold in the markets tracked.
apartment transaction

Starlight, Blackstone acquire eight Toronto rental properties

Starlight Investments, an affiliate of Blackstone Property Partners, announced they have jointly purchased eight Toronto-area apartment buildings containing 1,067 units.
the Annex Ottawa

Alignvest purchases Ottawa student residence

Alignvest Student Housing Inc. announced it has entered into a contract to purchase a new student housing property in Ottawa, known as "The Annex".
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Starlight and Homestead acquire two rental properties

Starlight Investments and Homestead Land Holdings announced they have jointly purchased two multi-residential apartment complexes for $241 million.
apartment transaction

Firm Capital Property Trust acquires Dartmouth rental building

Firm Capital Property Trust announced it has acquired a multi-residential building consisting of 69 units located in Dartmouth, Nova Scotia.
light industrial property

Minto Apartment REIT expands portfolio in Calgary and Ottawa

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.
GTA apartment sector housing supply

GTA apartment sector continues to flourish

The latest market report from Marcus & Millichap reveals the GTA apartment sector is experiencing another strong year, with continued growth projected.
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.
Calgary

Data signals strengthening Alberta market

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.
St Andrews Wesley United Church

Starlight acquires four Vancouver multi-res properties

Starlight Investments announced that it has acquired four landmark concrete Vancouver apartment buildings comprised of 456 units.
Beautiful aerial view of Victoria, Vancouver Island.

Victoria’s vibrant rental market lures investors

According to a new report from Colliers International, Victoria's purpose-built rental market experienced strong, positive market conditions throughout 2017.
Winnipeg

Apartment market trends and transactions

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.
apartment transaction

Starlight U.S. acquires Atlanta property

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.
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Réseau Sélection acquires three Montreal retirement homes

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
apartment transaction

Northview Apartment REIT acquires 1,250 units

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