Transactions

multi-suite rental sales

Starlight acquires Toronto portfolio of 628 rental units

Starlight Investments announced it has completed the purchase of a Toronto portfolio comprised of 628 rental units spread across 12 properties and 19 buildings.
Calgary apartment sector

Apartment sector leads lagging Alberta investment activity

Altus Group’s latest report on investment shows that both Calgary and Edmonton’s commercial real estate sectors were down significantly in Q2, excluding the apartment sector.
multi-suite rental sales

Multi-suite rental sales sustained record pace in Q2

The strong pace of Canadian commercial investment property sales and record-high levels in the multi-suite rental sector defined the second quarter of 2019, according to a new report issued by Morguard Corporation.
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.
Boardwalk and Riocan

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.
multi-suite rental sales

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".
Boardwalk and Riocan

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.
multi-suite rental sales

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.