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Category: Residential

GTA condo developers still bullish despite headwinds: panel

Neil Sharma Residential Condominiums Toronto / GTA Feb. 1 2023

Developers are in no hurry to launch new condominium projects in a rising interest rate environment, owing to higher carrying costs and construction loans, a panel audience heard Wednesday evening in Toronto.

CAPREIT sells stake in 3 Ottawa apartment sites for $136M

Don Wilcox Residential Apartments Ottawa Jan. 26 2023

CAPREIT is continuing to shift its focus and reposition its extensive apartment portfolio, announcing the sale of its non-managing 50 per cent interest in three apartment properties in Ottawa, comprising 1,150 units, for $136.25 million.

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