Sign Up | Archives September 15, 2015
Boosting Canada's low-income rental market
Affordability is a concern for many Canadians, but low-income rental households face the greatest set of challenges. With the federal election fast approaching, party leaders have been busy unveiling plans to tackle what is now readily known as an “affordable housing crisis.”
CAPREIT acquires 19 Vancouver properties
Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) announced that it has completed the acquisition of a portfolio of 19 apartment properties in the Greater Vancouver Area totaling 919 residential suites.
LREIT agrees to sell Winnipeg apartment towers
Lanesborough Real Estate Investment Trust (LREIT) announced that it has agreed to sell Colony Square in downtown Winnipeg, Man. for $70.25 million, subject to customary closing adjustments.
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Chartwell acquires three new properties
Chartwell Retirement Residences announced that it acquired three retirement residences for an aggregate purchase price of $170.7 million from three separate groups of vendors affiliated with MTCO Holdings Inc.
Canada's first LEED pilot neighbourhood opens
The Preston Meadows community in Cambridge, Ontario is Canada’s first pilot neighbourhood to be fully certified as a LEED Neighbourhood Development (ND).
CPPIB to finance Washington mixed-use project
Canada Pension Plan Investment Board (CPPIB), has entered into an agreement to finance a US$526 million construction-to-permanent loan to Kemper Development Company for a Bellevue, Washington-based mixed-use project.
GWL Realty Advisors acquires Halifax property
GWL Realty Advisors Inc. announced the acquisition of Royal Gardens on behalf of an investor client. This acquisition increases the total value of the company’s managed multi-residential portfolio in Nova Scotia to $201.2 million, and $2.7 billion across Canada.
Power Vac
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Paris rent controls pilot government's agenda
Paris landlords and tenants’ advocates appear united in discontent with the rent controls that went into force last month. 
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