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...
These are good days to be invested in the purpose-built rental apartment industry. Vacancy rates are low, average rents are rising, and new apartments are riding the perfect storm of limited supply and increasing demand. Cap rates have compressed to record lows, and...
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...
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...
As a typical apartment owner, you can’t be everywhere at once. You can’t always be fixing the plumbing, handling rent cheques, or, most importantly, giving tours of vacant apartments and keeping your building filled. You have a staff that handles these tasks. But how...
