Sign Up | Archives September 1, 2015
New and emerging trends in seniors housing
Older Canadians seeking seniors housing represent an increasingly important segment of the Canadian population for developers, organizations and property managers.
Two-tier postal service will favour multi-res
Canada Post excludes the lobby mailboxes in multi-residential buildings from its definition of home delivery and subsequent conclusion that fewer than one-third of Canadian addresses currently enjoy that perk.
Election signs on rental property
In the latest issue of FRPO Facts, the Federation of Rental-Housing Providers of Ontario provides a summary of landlord rights and responsibilities pertaining to election signs on rental properties.
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Water efficiency has flow-through cost savings
Summer heat waves trigger heightened demand for water along with electricity. Most large commercial buildings rely on chillers working in tandem with cooling towers to condition the air — accounting for 25 to 50 per cent of a building’s water consumption.
Pure Multi-Family to acquire Texas apartment
Pure Multi-Family REIT announced today that it has entered into an agreement to acquire a multi-family apartment community, known as the Brackenridge at Midtown, located in San Antonio, Texas, for a purchase price of US$51,000,000.
Milestone acquires apartment in Texas
Milestone Apartments Real Estate Investment Trust announced that it has entered into an agreement to purchase Broadstone Vista Ridge, a 372-unit, Class A multifamily apartment community located in the Lewisville submarket of Dallas, Texas, for a purchase price of US $45.1 million.
Canadians buy into U.S. multi-family market
Canadian investors poured approximately U.S. $1.3 billion (CAD $1.7 billion) into U.S. multi-family acquisitions in the first half of 2015, representing more than 30 per cent of foreign investment in the sector.
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Calgary cap rates take divergent trajectory
With a few notable exceptions, cap rates remained stable or declined for most property types and classes in Canada’s major real estate markets during the first half of 2015.
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