Altus Group

converting hotel

Canadian Apartment Magazine

Converting hotels into multifamily apartments

Given the uncertainty of the travel and tourism sector, could converting hotels into affordable apartments serve as an effective solution to the housing crisis?
investors seeking new deals despite COVID-19

Canadian Property Management

Investors express interest in seeking new deals

Pension funds and life insurance companies appeared most anxious to get back into the game, with more than 50 per cent of reporting they were pursuing acquisitions.
Retail landlords respond to COVID-19-related issues

Canadian Property Management

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
new housing

REMI Network

New housing slowdowns ahead in the GTA

Holdups in new housing projects across the Greater Toronto Area will have extensive impacts on supply in an already tight market, a new report reveals.

Canadian Apartment Magazine

On the road to recovery

New data from Altus Group, Morguard, and Rentals.ca show a slump in sales and declining rental rates as we ease our way down the road to recovery.
Montreal's investment deal volume expected to slide in Q2 and the second half of 2020

REMI Network

Q4 overflow spurs Montreal investment deal volume

Sales value topped $2 billion for the fourth consecutive quarter, albeit at a lower total than was achieved in the second to fourth quarters of 2019.
Q1 stats reflect first quintile GTA investment activity

Canadian Property Management

Q1 stats reflect first quintile GTA investment

Arguably, Q1 stats more accurately reflect the first quintile of 2020 activity since COVID-19 skittishness placed a pause on the market in early March.
rent increase

Canadian Apartment Magazine

Canada’s rental market in a post-COVID-19 world

Uncertainty rules Canada’s rental market as the novel coronavirus continues to spread, forcing business closures and stay-at-home orders to persist beyond initial forecasts.
economic recession

Canadian Apartment Magazine

Rental market outlook: March 2020

A look at what's influencing Canada's rental market in March 2020 and how the COVID-19 pandemic will impact property managers in the near and long term.
deal-making functions

Canadian Apartment Magazine

Deal-making functions migrate to proptech

Survey respondents foresee technology-enabled multifamily co-living will be the most significant disruptor to the status quo, while trends like office co-working, retail brandbox and industrial flex space cause upheaval in the other property sectors.
event centre

Canadian Apartment Magazine

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.
investment in Vancouver

REMI Network

CRE investment in Vancouver lagging: Report

Commercial real estate investment in Vancouver has declined across all sectors except for office, according to a new report from Altus Group.
average rents in Canada

Canadian Apartment Magazine

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.

Canadian Apartment Magazine

Apartment sector leads Montreal investment activity in 2018

The Montreal apartment sector posted an increase of $388 million in 2018 and continues to lead the commercial real estate industry as the city's most attractive investment opportunity.
home sales

CondoBusiness

GTA new home sales fell to 18-year low in 2018

In 2018, the GTA new home market saw the lowest total sales nearly two decades, according to the Building Industry and Land Development Association (BILD).
Commercial ratepayers

Canadian Property Management

Few favours for commercial ratepayers in 2018

Tax ratios for 11 of Canada's largest cities demonstrate that commercial ratepayers consistently carry a disproportionate share of the municipal property tax burden.
urban growth

CondoBusiness

GTA new home market slows in August: BILD

The GTA new home market was quiet in August as potential home buyers waited on the sidelines, according to BILD and Altus Group.