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Category: Residential

Hamilton in 2022: Interest rates cooled a blistering CRE market

Alex Manojlovich Residential Market Trends Ontario Feb. 22 2023

The year 2022 was a tale of two markets for Hamilton’s commercial real estate sector. With $1.95 billion trading, 2022 was Hamilton’s fifth consecutive record year for CRE dollar volume, however Q4 2022 was the region's weakest since 2016.

Dream Impact Q4 2022 financials: Distribution cut, asset writedown

Steve McLean Residential Development Toronto / GTA Feb. 21 2023

Dream Impact Trust (MPTC.UN-T) will reduce its distribution by 60 per cent and a large fair value loss on a small interest in Virgin Hotels Las Vegas contributed to a $44.86-million net loss in the fourth quarter ended Dec. 31.

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