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Category: Residential

Fortress pokes holes in rising home price theories

Steve McLean Residential Strategy National Mar. 23 2017

Lack of supply, urban containment policies and long wait times for approvals are more responsible for high home prices in the Greater Toronto Area than land hoarding and foreign speculators, according to Fortress Real Developments’ comprehensive new Market Manuscript report.

Urbanfund assembles Kitchener property for apartments

Steve McLean Residential Development Ontario Mar. 16 2017

Urbanfund Corp. is expanding its Kitchener, Ont. portfolio and plans to consolidate two adjacent properties to develop a purpose-built rental apartment complex. Urbanfund (UFC-X) is contributing 87 per cent of the $2.1 million being paid for the 16,700-square-foot site at

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