U.S. mall owners look to apartments and hotels to replace Sears and JC Penney from CNBC. As land becomes scarce and Canada’s population grows, shopping centre developers are increasingly intensifying their properties by adding on-site residential buildings. Adding rental apartment buildings to mall properties is a smart move for could be apartment developers and landlords […]
What Apartment Lease-Up Pricing Strategy Are You Using? By SVN Rock Advisors Purpose Built Apartment Rental Pricing Strategies. When can an apartment building be like an airplane? When you set prices to fill the available spots. Dynamic pricing is increasingly used to achieve the optimum sales at any given time. Airlines have been selling […]
A screen shot of the Toronto Apartment Crane Watch map and database. (Courtesy SVN Rock Advisors) Apartment Crane Watch SVN Rock Advisors has launched a new tool, the Apartment Crane Watch, for users to track the latest purpose-built rental apartment construction projects in Toronto. Apartment Crane Watch is an online map and database which details […]
Redevelopment of Shopping Centres with Residential Space The idea of intensification of an existing retail site through mixed-use is gaining tracking in Canada at an impressive rate. Ottawa and Toronto have both received, and are at various stages in the approval process, for several major redevelopment plans. Below is a collection of some of these plans. […]
For those of us in the business, it is a very good time to be a part of the purpose-built rental apartment industry. Years of restrained supply and burgeoning demand for rental housing have created a perfect storm, making apartment buildings an excellent investment for developers. While the downtown cores of most Canadian cities have […]
Micro apartments are increasingly becoming a part of the purpose-built rental apartment market, particularly in cities like Vancouver or Toronto where the marketplace has made rents significantly high. Micro apartments aren’t new. They have been a part of the New York scene and, in Japan and Hong Kong, these apartments in the 1970s made the […]