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Ontario

InterRent buys Montreal, Hamilton apartment buildings

RENX Staff Commercial Transactions Ontario Sep. 5 2017

InterRent Real Estate Investment Trust (IIP.UN-T) will spend $65 million to buy two neighbouring high-rise apartment buildings in Montreal and a mid-rise apartment complex in Hamilton.  “We are extremely pleased to announce these two acquisitions,” InterRent CEO Mike McGahan said

Too hot or too cold – MPAC struggles to find the Goldilocks zone

John Clark Commercial Taxes Ontario Aug. 31 2017

I don’t want to sound like sour grapes here, but there needs to be a better time to be asking a property owner for a once-a-year income and expense return. I’ve written many times about how important it is for

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