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Dream restructures Quayside venture, now owns Phase I multifamily

Don Wilcox Residential Dream Toronto / GTA 4 hours ago

UPDATED: Dream Impact Trust (MPCT-UN-T) and its development partner in the Quayside Impact Limited Partnership have restructured ownership of Phase 1 of the massive, multi-tower Toronto waterfront project. Dream entities now wholly own the multifamily component.

GO Residential buying US$380M of Manhattan multifamily

Tyler Choi Residential Apartments Toronto / GTA 4 hours ago

GO Residential REIT (GO-U-T), registered in Toronto, has agreements to acquire three multifamily properties in Manhattan for $380.5 million (all figures US), which would amount to adding over 600 units and 533,000 square feet to its portfolio.

Padder secures $2.5M funding for renter guarantor platform

Tyler Choi Residential Rentals Toronto / GTA 8 hours ago

EXCLUSIVE: Padder Underwriting Inc., a Toronto-based startup, plans to expand its insurance-backed guarantor model across Canada’s rental markets and focus on product development after raising a $2.5-million seed funding round.

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SmartCentres Real Estate Investment Trust (SRU-UN-T) reported an industry-leading, in-place and committed occupancy of 98.6-per cent in its retail properties while its overall year-end net operating income (NOI) rose by $20.02 million from a year earlier.

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Trez Capital has appointed Eric Horie to its executive leadership team in his role as executive managing director, head of Canadian origination. We also report on executive moves at Avison Young, Build Canada Homes, Spring Living and more...

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 P.O. Box 1484, Stn. B
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