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Category: Residential

Location, location: Value of GTA multifamily land sales dips

Steve McLean Residential Market Trends Toronto / GTA May. 12 2020

A decline in the value of Greater Toronto Area land transactions for multifamily development sites during Q1 2020 can be attributed to the location of the properties, not the COVID-19 pandemic, according to market expert Ben Myers. The average estimated

RioCan pares spending, but Sonshine sees ‘silver lining’ ahead

Don Wilcox Residential Shopping Centres National May. 7 2020

RioCan REIT will defer upwards of $150 million in 2020 spending in response to the COVID-19 pandemic, but longtime CEO Ed Sonshine was adamant about three things on the trust’s Q1 2020 earnings call on May 5. First, he believes

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