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Canada Invests $45 Million for Ottawa Rental Housing Complex

Canada Invests $45 Million for Ottawa Rental Housing Complex

by Phil Hall | Aug 26, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government announced it is allocating over $45 million through the Apartment Construction Loan Program (ACLP) into the construction of an Ottawa complex with 121 new rental homes. The Bayview Wateridge development is located in the Rockcliffe community...
New Joint Venture to Develop Charlotte-Area Townhome Rental Community

New Joint Venture to Develop Charlotte-Area Townhome Rental Community

by Phil Hall | Aug 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The investment firms Sterling Equities, Eden Multifamily and Peakline Real Estate Funds have partnered to develop a new townhome rental community located in the Steele Creek community of South Charlotte, North Carolina. The joint venture’s Eden Steele Creek will...
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

by Phil Hall | Aug 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...

Starlight Investments Launches First Phase of Multifamily Community in British Columbia

by Phil Hall | Aug 14, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian multifamily property developer Starlight Investments announced the groundbreaking of the 526-unit first phase of development for Harris Green Village, a multifamily community in downtown Victoria, British Columbia. According to the company, Harris Green...
New Rental Housing Community Planned for Downtown Toronto

New Rental Housing Community Planned for Downtown Toronto

by Phil Hall | Aug 12, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The developers Dream Unlimited Corp. (TSX: DRM) and CentreCourt Developments have launched a joint venture to create 49 Ontario Street, a mixed-income purpose-built rental housing community in downtown Toronto. Upon completion, the development will feature 1,226...
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