REMI

Debt

Chronic property tax arrears at Toronto condo

CondoBusiness

Chronic property tax arrears at Toronto condo

Chronic property tax arrears at a downtown Toronto condominium complex now amount to more than $10.2 million on 15 units held by five different owners.
consumer debt

REMI Network

New report compares consumer debt in Canadian cities

An analysis by savvynewcanadians.com breaks down complex financial data from CMHC and Statistics Canada to reveal how much debt Canadians are carrying from city to city.
Distressed asset sales remain a steady fraction

Canadian Property Management

Distressed asset sales remain a steady fraction

Distressed asset sales were a nominal and relatively consistent fraction of the Canadian commercial investment property market in the first half of 2023.
inflation

REMI Network

Inflation causing Canadians to falter on housing payments

The rising cost of living is causing more than 1.3 million Canadians to fall behind on housing payments.

REMI Network

Timbercreek Asset Management expands global team

Timbercreek Asset Management has appointed two new senior hires.

REMI Network

Devalued yuan hits Chinese property developers

Chinese property developers with foreign currency financing face both diminished revenue and higher debt service costs following the recent devaluation of the yuan.