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Category: Residential

Dream Impact Trust taking steps to improve liquidity

Steve McLean Residential Investment National Feb. 14 2024

Dream Impact Trust’s (MPCT-UN-T) developments continue to make good progress, but the trust is suspending its monthly distribution to retain an additional $11 million annually amid concerns about liquidity, its portfolio manager said.

3,300-unit Conestogo rental development coming to Waterloo

Steve McLean Residential Development Ontario Feb. 9 2024

Solowave Investments Ltd. has received council approval in Waterloo, Ont., for its Conestogo Park Square development that is planned to include 12 purpose-built rental apartments containing more than 3,300 units.

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