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Category: Residential

Demand high, vacancy remains low in Calgary multifamily market

Mario Toneguzzi Residential Apartments Calgary Oct. 23 2023

Tight vacancy and increasing rents have been the story for Calgary’s multi-residential rental market recently and that’s not likely to change anytime soon: the city’s population continues to grow and housing supply is at crisis levels.

Toronto luxury condo The One enters into receivership

Tyler Choi Residential Mizrahi Toronto / GTA Oct. 19 2023

The One, a luxury condo development billed as Canada’s tallest commercial condo building, has entered into receivership by a court order because of unpaid debts to senior secured lenders.

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