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National

Blackstone makes $395M equity investment in Tricon

Don Wilcox Residential Investors National Aug. 27 2020

A syndicate led by Blackstone Real Estate Investment Trust Inc., (BREIT) will invest $395 million in Toronto-based rental housing company Tricon Residential via a preferred equity investment to lower the firm’s overall debt by about 10 per cent. The investment

Bid/ask price gulf slows Canadian CRE investment: JLL

Mario Toneguzzi Residential Market Reports National Aug. 26 2020

Investment volumes in Canada in the first half of 2020 reached $16 billion, down by about 20 per cent from 2019 as buyers and sellers generally remain far apart on asset pricing, according to JLL‘s Canada Investment Outlook – Mid-Year

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