Transactions
Multi-res apartment demand defines Q2
Multi-suite residential properties are in demand in the second quarter, with transaction volumes growing by 17.5% year-over-year.
Data signals strengthening Alberta market
Recent data released from the Altus Group indicates that the Alberta market is showing signs of economic recovery, with Calgary and Edmonton both posting favourable results.
Starlight acquires four Vancouver multi-res properties
Starlight Investments announced that it has acquired four landmark concrete Vancouver apartment buildings comprised of 456 units.
Victoria’s vibrant rental market lures investors
According to a new report from Colliers International, Victoria's purpose-built rental market experienced strong, positive market conditions throughout 2017.
Apartment market trends and transactions
According to a recent market report from Avison Young, Canada's commercial real estate sector continues to possess varying, but largely healthy, property market fundamentals across the country's regions and asset classes.
Starlight U.S. acquires Atlanta property
Starlight U.S. Multi-Family announced it has acquired a 50 per cent interest in a 250-unit, garden style property known as Coventry Pointe, in Atlanta, Georgia.
Réseau Sélection acquires three Montreal retirement homes
Réseau Sélection announced it has acquired three retirement homes in Montreal, all of which were previously owned by Prével Retraite and the Fonds immobilier de solidarité FTQ
Northview Apartment REIT acquires 1,250 units
Northview Apartment REIT announced it has agreed to acquire a 1,250-unit portfolio from independent third-party vendors and affiliates of Starlight Group Property Holdings Inc. for an aggregate purchase price of $196.8 million
Q3 2017 apartment market highlights
Overall, the Canadian real estate industry continues to be performing well with the apartment sector holding strong, according to the 2018 Emerging Trends in Real Estate report, published by PwC Canada and the Urban Land Institute
High-rise development site sells in Coquitlam, B.C.
Colliers announced that it has sold a high density, mixed-use development site, located steps from the Burquitlam SkyTrain Station in West Coquitlam, B.C.
Multifamily market thrives in Vancouver
A new report from Avison Young looks at commercial real estate investment activity in five countries and 54 markets, including how the multifamily market has fared to date in 2017.
Skyline sells $173M in assets to Q Management LP
Skyline Apartment REIT announced that it has sold $173M in multi-residential real estate assets to Toronto-based Q Management LP. The sale consisted of nine properties and 1,036 apartment units located primarily in the city of Hamilton.
InterRent expands portfolio in Montreal and Hamilton
InterRent Real Estate Investment Trust announced that it has entered into an unconditional agreement to acquire two neighbouring high-rise apartments located in Montreal, Quebec.
Brampton property sells with record-low cap rate
Colliers Multifamily Advisory Group announced it has brokered the sale of a seven-storey Brampton property to Starlight Investments for a record-setting price.
Starlight acquires Nashville apartment community
Starlight U.S. Multi-Family (No. 5) Core Fund announced that it has acquired a-288 suite, Class "A" Nashville apartment community, constructed in 2015.
Starlight sells Texas property; acquires Denver apartment
Starlight U.S. Multi-Family (No. 5) Core Fund announced that it has sold a 126-unit community in Houston, Texas, and plans to use the proceeds, along with the proceeds from the disposition of Belle Haven Apartments, to acquire Carrick Bend in Denver.
Apartment Market Highlights: Q2 2017
Above average transaction volumes, persistent demand, and foreign capital have been driving Canada's commercial investment property market in 2017, according to a recent report issued by Morguard Corporation.