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Category: Residential

AI is coming: Is the real estate and development industry ready?

Neil Sharma Residential Artificial Intelligence National May. 24 2024

Much has been written about the sweeping societal impacts of artificial intelligence, but real estate developers are only beginning to open their eyes to the potential benefits of implementing AI in their sales strategies.

As losses continue, Lanesborough REIT to sell assets and shut down

Don Wilcox Residential Apartments Winnipeg May. 23 2024

UPDATED: Heavily indebted Lanesborough REIT (LRT.UN-V) intends to sell its property assets to a company connected to its vice chairman for $41M and cease operations. In its Q1 2024 financials released Thursday, LREIT reports a $2.3-million loss.

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