New Apartment Construction
Related to New Apartment Construction, information on how, when, why, where. All you need to know to get the ball rolling and finish with a fully occupied, revenue generating rental building.
-
Residents fall in love with their communities. They love the parks, the memories, and the housing they have. Though developers built these communities, they are often not included as part of those communities. Their initial vision of what could be is discounted, forgotten and ignored when new development is proposed. Case in point: In Preston, [...]
-
Renters Often Pay Higher Municipal Taxes than Homeowners
Derek Lobo was recently interviewed by Steve Paikin on TVO’s The Agenda about a little-known disparity between municipal taxes charged to homeowners and residential tenants in Ontario. It’s widely believed that only property owners pay property tax but it’s actually not true, and in fact, renters sometimes pay more property tax than those in single-family [...] -
A Family Affair
Let’s face it, managing a multi-unit dwelling is anything but simple, especially when it’s jointly owned with family (or others). Over the last 50 years, real estate has helped create significant wealth for what are now second and third-generation families and partners. In many instances, the initial builders or founders have passed [...] -
Better Housing Builds Better Canadians
My family moved to Canada in 1966 when I was eight years old. My Dad was 45, Mom was 39, and I was the oldest of five children at the time. My parents found us a good quality, affordable three-bedroom rental townhome - 21 Potsdam Road in North York, Unit 43 - and we lived [...] -
New Apartment Construction: The State of the Nation
At our Affordable Housing & New Apartment Development Live on Stage event this past October, Derek spoke on the topic New Apartment Construction: The State of the Nation. This segment was covered by RENX; see the full article "Big opportunity to develop 'small apartments' in Canada: Lobo" where Steve McLean provides deeper insight into Derek's message. [...] -
The Agenda with Steve Paikin featuring Derek Lobo
The Agenda with Steve Paikin featuring Derek Lobo Our CEO, Derek Lobo, was featured on The Agenda with Steve Paikin on November 15th to answer a critical question, "Why do renters pay higher property taxes?" You can find the full segment here: https://www.tvo.org/video/why-do-renters-pay-higher-property-taxes It's widely believed that only property owners pay property tax. But, in fact, renters often [...] -
SOLD: Whispering Winds Apartments
SVN Rock Advisors Inc. is pleased to announce the sale of Whispering Winds Apartments, two mid-rise new construction apartment buildings in Orleans, Ontario. Orleans is a growing community within a 15-minute drive from downtown Ottawa. The 2 Buildings have 52 suites combined, are both elevatored and feature a fully-equipped fitness room in each building and [...] -
SOLD: 5th Deal Over $200M
$200M Apartments, Retail, and Self Storage This is our 5th deal over the $200 million mark! Another Multigenerational Family Real Estate transaction quarterbacked by the SVN Rock Advisors team. CLICK HERE for details. -
When Real Estate is a Family Affair (and sometimes even a family feud)
When Real Estate is a Family Affair (and sometimes even a family feud) Wow, the recent news surrounding the Libfeld v. Libfeld dispute is getting a lot of attention! This raises the attention of Intergenerational Real Estate to a new level, as internal matters do not often make their way to a public audience. Long story [...] -
Affordable Housing: The Path Forward for Developers
The Path Forward for Developers Affordable Housing has been a hot topic for years, however, no appreciable headway has been seen in developing a long-term solution for Canada. It has been years since the demise of the last successful government program that fed Affordable Housing development in a significant way. Government Policy There are various [...] -
The Affordable Housing Crisis: Supply
The Supply Problem We are experiencing interesting times for a variety of reasons. Current housing costs are at an all-time high, making housing unattainable for many Canadians. Something needs to happen soon... Shelter is a basic human need and Supply versus Demand is the basis for our Canadian crisis. On the supply side, there is [...] -
The Real Estate Development Process: Understanding the Risks and Milestones
Managing Risk While Developing Real Estate Careful research and planning vital in taking building an idea into a successful development. Real estate development is a great way to make a lot of money, if it’s done right. Investors in commercial and residential real estate will beat a path to any door that offers a building […]