Canada’s federal government is providing over $112 million in funding for the construction of a new 217-unit multifamily property in Toronto. Located at 389 Cleveland Street, the project is a 15-story residential building with a ground-floor commercial retail unit....
Canada’s federal government, in partnership with the provincial government of Alberta, Calgary’s city government, and Liberty Housing Organization, is providing approximately $24 million in combined funding to build a 57-unit multifamily complex in Calgary. The new...
The real estate developer Groupe HD and the Quebec-focused investment fund Fondaction have broken ground on Laurea – Quartier d’ambition, a residential development in Montreal’s Olympic District sector. According to the companies, the project represents an...
The Department of Housing and Urban Development (HUD) has updated the environmental review requirements for multifamily housing development and lending. The updates, which were issued earlier this week through the Federal Housing Administration (FHA) via a Mortgagee...
The national multifamily vacancy is estimated to increase to 8.8% by the end of this year before easing to 8.4% at the end of 2027, according to a revised forecast from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). Apartment rent growth is predicted to...