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Category: Residential

Insolvency woes in Toronto's condo sector are likely to continue

Neil Sharma Residential Condominiums Toronto / GTA Nov. 25 2024

The Greater Toronto Area condominium market is languishing despite interest rate cuts and initiatives by some municipalities to hasten approvals and lower development costs. This means a recent spate of insolvencies in the condo sector is likely to continue.

Starlight Investments acquires 3 U.K. housing developments: $900M

Tyler Choi Residential Starlight Toronto / GTA Nov. 21 2024

Starlight Investments has acquired three rental communities under development in the U.K. for over C$900 million. The projects comprise 1,541 apartments, expanding Starlight's interest in the European residential market.

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