Apartment Developers Feel the Boom New Luxury Purpose Built Rental Developments Address Booming Toronto Market For all the reports of a housing bubble in Toronto, Toronto’s purpose-built rental apartment market is defying concerns and showing intense demand that is attracting the interest of apartment developers and investors. New developments are offering relief to renters struggling […]
Annual AptCon Apartment Conference Returns to Toronto in May Rental apartments are seeing a resurgence in Toronto and the surrounding region. Rising land values and a tight rental market had already triggered a wave of new purpose-built rental projects over the last few years when the late 2018 elimination of rent controls on new buildings […]
Montreal Apartment Market As seen on Rentx Montreal Apartment Market benefit from change in mentality Patrice Ménard, co-owner and real estate broker at PMML, said a change in mentality has also led to the construction of more new rentals in Montreal. “I am a tenant by choice,” is the view held by both the young […]
Apartment Developers Use Feasibility Studies To Build Apartments Right The real-estate marketplace is favourable for purpose-built rental apartments. Vacancy rates are dropping, average rents are rising, cap rates are at all-time lows and buildings are selling for some of the highest prices ever seen. Apartment Developers and investors have been impressed by how well the […]
Purpose Built Rental Units Needed As seen in Real Estate News, Renting Toronto Toronto Rent Continues To Top The Tight Canadian Rental Market by Sarah Niedoba Toronto’s rental market has been getting tighter and tighter in recent months, and December was no exception.The average rent for a Canadian property rose 1.3 per cent month-over-month last […]
. SVN Rock Advisors stays in the know for our clients. We are Multifamily Specialists in Brokerage, Feasibility Studies, Purpose Built Apartment Development Consulting, Asset Management, Lease-ups & Value Creation. The following article speaks to the high demand for purpose built rentals and the type of amenities today’s renters demand. NOW Real Estate Section […]
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 […]
Purpose Build Apartments in Demand Why we need to build more rental apartments? SVN Rock Advisors monitors purpose build apartments across Canada through it’s Apartment Crane Report While sky-high house prices have dominated headlines for years (and especially during the spike in 2017), the worrying state of the rental market has not gone unnoticed. And […]
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 […]
Apartment Development Strategies: MEP Strategies to Optimize Your Competitive Edge Purposeful mechanical, electrical, and plumbing design can enhance your apartment development strategies and market position by decreasing costs and improving ROI. By Andrew Lasse Myhre Group Architects In the competitive multifamily industry, developers are always seeking ways to enhance their market position and apartment development […]
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. […]
