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National

New operating expense benchmarks set for MLI Select: CMHC

Nadeem Keshavjee Commercial CMHC National Jun. 24 2026

On Monday June 1, CMHC announced that Operating Expense Benchmarks are increasing for five-plus unit multifamily insured mortgages with the changes taking effect for applications received on June 8 or later.

Public Storage Canada to be sold for $1.67B

Tania Theriault Commercial Self-Storage National Jun. 23 2026

Public Storage Canada (PS Canada), which has a portfolio of 68 self-storage facilities across five major Canadian cities, is set to be sold to Texas-based Public Storage (PSA-N) for $1.67 billion.

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