A Montreal investment firm with a history of acquiring office buildings for conversions into housing has another property in its portfolio. Immo Alliances and affiliated private investors acquired a five-storey downtown building to renovate into student housing.
Broccolini is seriously considering returning to its roots by building rental housing for the first time in about 50 years as the condo market continues to slump, says Michael Broccolini, chief investment officer and president of its real estate group.
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