Montreal-headquartered PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has acquired a six-asset portfolio of Winnipeg industrial properties for $96.5 million from Parkit Enterprise Inc. (TSX.V: PKT). The portfolio encompasses 678,177 square feet of gross...
The Rust Belt and the South dominate the list of the 10 least expensive metros for buying a home, according to a new data report from Redfin (NASDAQ: RDFN). In a survey of the nation’s 91 most populous metro areas during March, Detroit topped the list with the lowest...
Two prominent advocacy groups focused on homelessness has blasted California Gov. Gavin Newsom for blaming city and county governments for exacerbating the state’s elevated homeless population. Yesterday, Newsom issued a model ordinance for cities and counties to...
Tampa-headquartered Patel Real Estate Holdings announced the launch of an $100 million institutional fund on the Chintai blockchain platform. The Patel Real Estate Holdings Institutional Fund 2025 targets newer-vintage Class A multifamily properties in high-growth,...
The vice president of the Appraisal Institute has agreed to step away from his public-facing duties following a New York Times article that claimed he was accused of sexual harassment by multiple women. However, the Times noted that Craig Steinley has not resigned,...
A condominium complex in Edmonton that was evacuated nearly two years ago over concerns that the building was going to collapse has been sold. CBC reports Castledowns Pointe was purchased by the development and rental company Harmani Sale Inc. for $5.1 million, which...
