BLOG

The rise of the permanent renter

More and more today, we are seeing people being blocked out of the housing market by increasing home prices. Although two-thirds of Canadian households owned their home in 2021, the percentage of renters has increased at three times the rate of homeowners over the...

read more

An invitation: Make a 2023 longevity resolution

During the past four months, myself and about 20 others in the real estate industry have gotten together for an hour one Sunday morning each month to talk about our health and longevity. The New Year is upon us and there’s a good chance you’re about to make a New...

read more

TCU Development founders graduate from hockey to housing

A story is often an indicator of the foundation of the principles that a company is founded upon. TCU Development Corporation (TCU) is no different – it was founded in 2010 by hockey teammates who understood the values of leadership. Over the course of 13 years, Mike...

read more

Designing Apartments for the Future

Architects play a vital role in any apartment or condo construction project. They are responsible for the visual appearance of the building. From the developer’s requirements, they make use of creative ideas to bring the developer’s vision to life while still...

read more

Why a developer’s time is worth $667 per minute

Something that I’ve always watched, but recently become more focused on, is time management. It’s had a big impact on my productivity and overall quality of life, and I think this experience is universal for anyone who prioritizes time management. Most likely if you...

read more

Canada – It’s time to build more apartments!

Today’s economic climate is placing the Canadian real estate market on a wild roller-coaster ride. Many developers are looking at the inherent stability of rental apartments, and really, they’re only needing a small portion of knowledge to bolt onto their existing...

read more

Finding Money to Build Apartments

“To make more money, you either make better deals or find cheaper capital”   The Big Picture The following chart breaks down the components for financing construction land from loan-to-cost, interest rate, term, fees, to guarantee. *All numbers are based on 2021...

read more

Key takeaways for office conversions to apartments

Earlier this year, we ran a two-day online event on the conversion of offices to rental apartments. We had a range of speakers, from Canada and the U.S., including developers, architects and municipal government representatives. The presentations were fascinating and...

read more