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Canadian Government Provides $112 Million for 217-Unit Toronto Multifamily Property

Canadian Government Provides $112 Million for 217-Unit Toronto Multifamily Property

by Phil Hall | Jun 9, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

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....
New Calgary Multifamily Complex Gives Rental Priority to Immigrants, ‘Racialized Groups’ and ‘2SLGBTQQI+’

New Calgary Multifamily Complex Gives Rental Priority to Immigrants, ‘Racialized Groups’ and ‘2SLGBTQQI+’

by Phil Hall | May 29, 2026 | International Real Estate News, News/Current Events, WRE News Exclusive

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...
Ground Broken on 1,200-Unit Montreal Residential Development

Ground Broken on 1,200-Unit Montreal Residential Development

by Phil Hall | May 26, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

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...

HUD Revises Environmental Review Requirements for Multifamily Developments

by Phil Hall | May 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End

New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End

by Phil Hall | May 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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