Canadian Apartment Magazine - Transactions
REMI

Transactions

2013 sets the bar for GTA apartment market

Following a breakthrough year in 2013, 2014 saw the GTA apartment market return to its normal supply and demand dynamic. What do the statistics tell us?

Allied REIT completes Duncan St. acquisition

Allied Properties REIT (Allied) has completed the acquisition of a 50 per cent interest in a property located at 19 Duncan St. in Toronto, Ont., which the company plans to develop into a mixed-use building including retail, rental apartments and five floors of office space.

Conversions fuel multifamily trend

Station on Whyte, a residential complex in Edmonton, is an example of an emerging trend in real estate that sees full condo-to-apartment building conversions on the rise in 2014.

New and notable transaction

Located north of Bloor Street West and west of Dufferin Street, this property is improved with a three-storey apartment building containing a total of 6

Milestone to acquire Texas multifamily property

On September 15, the Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone) announced its agreement to purchase the Villas at Shadow Creek, a 560-unit multifamily

Finding the right brokerage

When it comes to selling an apartment building, there are many factors property owners should consider before diving into the process. Among them, and probably the most important one on the list, is choosing the right brokerage to engage the right buyers.

New and notable transaction

Located south of Highway 401 and west of Kennedy Road, this property is improved with a 10-storey co-operative apartment building containing 65 total units. The

Canadian apartment vacancies steady in 2014

Apartment vacancy rates for purpose-built apartments in Canada held steady in 2014 according to the CMHC Spring Market Report.

New and notable transaction

Whitby's 1625 Charles Street sells for more than $1.3 million.

Toronto apartment transactions down in Q1

Toronto apartment transactions were down in the first quarter of 2014 compared to last year, with a total of 23 completed deals.

New and notable transaction

Toronto's 646 Broadview Avenue sells for a total consideration of $2,465,000.

New and notable transaction

Toronto's 145 Elinor Ave., a property with a total of 21 two-storey townhouse units, sells for $3.3 million.

New and notable transaction

Toronto's 52-unit 2808-2810 Keele St. was purchased for $6.45 million, representing a price per unit of $121,698.

North Vancouver has first concrete rental tower sale in years

The sale of a North Vancouver apartment, which went for $25.5 million, marks the region’s first purpose-built rental building to trade hands in 23 years.

New and notable transaction

Toronto’s 28-unit 50 Mount Pleasant Rd. was purchased by Hollyburn Properties for $3.95 million in late December 2013.

New and notable transaction

Toronto North York's 32 & 34 Brookwell Dr. sell for $9 million.

New and notable transaction

Mississauga's 3085 Queen Frederica Dr. sells for $9.1 million.