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Continuum REIT sells GTA high-rise portfolio to Starlight
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Continuum REIT, an affiliate of Q Management LP, and Starlight Investments have entered into an agreement whereby Starlight will acquire the REIT’s multi-residential portfolio for a gross purchase price of $1.732 billion.

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Headline News
»Housing Vancouver reports need for stronger rental focus
 
»Ontario to scrap obscure rental housing statute
 
»BentallGreenOak acquires Montreal rental complex
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A Snapshot of Canada’s commercial property sector
Trends in the commercial property industry can be hard to track. Nonetheless, keeping tabs on market conditions and headwinds can help asset stakeholders make the most of their investments. »READ MORE
»Alberta to review the Real Estate Act
 
»Vancouver adopts new Rain City Strategy
 
»New fees and taxes spell Alberta revenue boost
 

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Don’t flush money down the toilet
It is estimated that 20 to 25 percent of all toilets in North America are experiencing leaks at any given time, making toilet leaks the number one cause of water loss in multi-unit residential buildings and resulting in the loss of billions of dollars in Net Operating Income (NOI) each year.»READ MORE
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IN CASE YOU MISSED IT:
Co-living: the key to unlocking higher cap rates

For investors in Canada, owning and renting out multifamily properties is not the same capital building enterprise that it used to be. Although vacancy rates are decreasing, with a national average of 2.4 percent in 2018 and rates much lower in larger cities like Toronto and Vancouver, cap rates are also being driven down, with multifamily homes offering the lowest rates in real estate. »READ MORE

 
 
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