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Category: Residential

CAPREIT acquires Toronto’s Tower Hill East apts. for $110M

RENX Staff Residential Transactions Sep. 23 2021

CAPREIT (CAR-UN-T) has paid $110 million to acquire the 141-apartment Tower Hill East building along the St. Clair Avenue West corridor in downtown Toronto, giving it a second upscale property in the prestigious Forest Hill neighbourhood. CAPREIT is already the

‘Wall of money’ should pivot to apartment investments

Derek Lobo Residential Investors Sep. 23 2021

Personally, I have been through 17 recessions throughout my work moving around North America and I have always found that apartments have done better than other assets in a downturned economy. We’ve seen that apartments have been recession-proof and to

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