Toronto-based Starlight Investments has received approval to move forward with its masterplan and first phase of development of Harris Green Village in Victoria, British Columbia. Starlight Investments purchased the properties along the 900 and 1000 blocks of Yates...
UMH Properties Inc. (NYSE: UMH), a public equity REIT that owns and operates 135 manufactured home communities in 11 states, has closed on its $2.3 million acquisition of a 30-acre parcel of land located in Perrysburg, Ohio. The property adjacent to the company’s...
Broad Street Development LLC (BSD), a New York City-headquartered vertically integrated owner-operator, has launched Paradigm Advisory Group as the company’s consulting arm. Founded by BSD principals Raymond Chalme and Daniel Blanco, Paradigm defined its mission as...
Within the U.S. commercial market, the office sector is generating a greater wave of concern and pessimism from financial services leaders. According to new data from CoStar Group (NASDAQ:CSGP), the U.S. office sector in April reported vacancy levels (at 12.9%) and...
The median asking rent in the U.S. dipped by 0.4% year-over-year last month to $1,937, according to new data from Redfin (NASDAQ:RDFN). This marked the first annual decline since March 2020 and the lowest median asking rent in 13 months. The median asking rent in...
Two new data reports are pointing to a growing level of stability in Canada’s homeownership market. The aggregate price of a home in Canada during the first quarter of this year was $778,300, according to the latest Royal LePage House Price Survey. This represents a...