REMI

Peter Norman

Interest rates subdue multifamily development

Canadian Apartment Magazine

Interest rates subdue multifamily developers

Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
Multifamily remains favoured investment asset

Canadian Apartment Magazine

Multifamily remains favoured investment asset

Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.