Canadian households are struggling to meet their basic needs, with housing security among their top concerns, according to the 2023 Canadian Poverty and Socioeconomic Analysis report published by the Salvation Army Canada. In a survey of more than 1,500 Canadians, the...
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), has announced the $171.25 million sale of a two-property, 399-unit multifamily portfolio in Thousand Oaks, California. The portfolio features Los Robles Apartments, a 253-unit...
Builder confidence in the market for newly built single-family homes inched up by three points to 37 in December, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This uptick ends a four-month decline for...
A New York City man pleaded guilty for his role in a conspiracy to fraudulently acquire multifamily and commercial properties. Boruch “Barry” Drillman was accused of conspiring with at least four others to deceive lenders into issuing $165 million in multifamily and...
The self storage industry is being impacted by the problems shaping the housing market, according to the latest Self Storage National Report from Yardi Matrix. The average annualized same-store asking rate per square foot for combined unit sizes and types averaged...
The Montreal brokerage Royal LePage du Quartier announced the addition of Royal LePage Alliance to its network of brokers. Royal LePage Alliance is owned by Tom Poulis and Spiro Bakopanos and has been part of the Montreal real estate market for over 20 years. The...
