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Category: Commercial

FRPO: Rent controls could be ‘very damaging’

Steve McLean Commercial Affordable Housing Ontario Apr. 20 2017

The Ontario government’s rent control proposal, announced in its Fair Housing Plan, could stall the construction of new purpose-built rental apartments in the Greater Toronto Area, according to those involved in the sector. Federation of Rental-housing Providers of Ontario (FRPO)

Algoma selloff continues; Corporate Park property sold

Don Wilcox Commercial Transactions Ontario Apr. 20 2017

The selloff of properties owned by the Algoma Central Corporation (ALC-T) continued this week with the sale of its Corporate Park holdings in St. Catharines, Ont.  Algoma says net proceeds from its share of the properties is $26.4 million. It

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