Toronto-based Crown Realty Partners, commercial real estate investment and management firm focused on value-add opportunities across Canada, has acquired a portfolio of five industrial assets in Ottawa on behalf of its fifth value add fund, CR V LP. The portfolio...
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...
Ontario residents are ranking housing affordability as a main concern demanding government attention and action, according to new polling conducted on behalf of the Ontario Real Estate Association (OREA). For the first time since OREA began this polling in 2021, over...
Ottawa-based Minto Apartment Real Estate Investment Trust (TSX: MI.UN) announced the closing of the sale of its remaining two properties located in Edmonton, Alberta. The York House and The Lancaster House encompass 190 units across the two properties. The total sale...
Canadians are increasingly pessimistic over the direction of their nation’s economy, with nearly one-third of homeowners fearing they will need to sell their residences if interest rates continue to rise. According to the Financial Health Survey published by Manulife...