Transactions

Halifax

Canadian Apartment Magazine

CAPREIT acquires Halifax luxury apartment

CAPREIT announced it has completed the acquisition of "76 Place", a luxury apartment in Halifax, Nova Scotia, located in the prosperous Bedford South neighbourhood. CAPREIT paid $17.1 million for the property, financed with its Acquisition and Operating credit facility.
investment in Vancouver

CondoBusiness

Vancouver home sales slowed in July

According to the Real Estate Board of Greater Vancouver, there were 3,226 home sales in the region in July 2016, a drop of 18.9 per cent year-over-year.
Crane and construction site

CondoBusiness

GTA residential land transactions reach $4.2-bil

According to Altus Group’s recently released 2015 Real Estate Review of the GTA’s 2015 new home market, the housing market is resilient due to new
Strategic Advisory Group

REMI Network

Record hotel transactions reported in Canada

Hotel transactions in Canada reached more than $915 million during the first half of 2015 and exceeded the 2007 record.
downtown_vancouver

Canadian Apartment Magazine

Vancouver apartment demand persists: report

According to the Goodman report: 2014 Greater Vancouver Rental Apartment Review, the Greater Vancouver area experienced a record-breaking $778-million in apartment transactions in 2014, up 33 per cent from the previous year. The average price per suite also increased, year-over-year, to $237,000.
Toronto panorama

Canadian Apartment Magazine

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.
Toronto

Canadian Apartment Magazine

GTA apartment values continue to rise

The Toronto area saw 137 apartment deals completed in 2013, and high GTA apartment values and transactions are expected to continue through 2014.
toronto_condos

Canadian Apartment Magazine

Apartment sector hits new benchmarks in Q3

The third quarter of 2013 saw apartment prices hitting record levels, coming in at over $153,000 per suite.
GTA

Canadian Apartment Magazine

Evaluating Toronto’s apartment market

Three sales in the first half of 2013 point to an interesting trend in the apartment industry.
Derek Lobo, Mark Kenney

Canadian Apartment Magazine

Real deals

This video report looks at landmark apartment deals and transactions that were made in 2011. Commentators: Rock Advisors' chairman and CEO, Derek Lobo, and CAPREIT's COO, Mark Kenney.