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Content tagged with: Apartments

CAPREIT sells stake in 3 Ottawa apartment sites for $136M

Don Wilcox Residential Apartments Ottawa Jan. 26 2023

CAPREIT is continuing to shift its focus and reposition its extensive apartment portfolio, announcing the sale of its non-managing 50 per cent interest in three apartment properties in Ottawa, comprising 1,150 units, for $136.25 million.

The rise of the permanent renter

Derek Lobo Residential Apartments National Jan. 24 2023

Today, we are seeing people being blocked out of the housing market by increasing home prices. Although two-thirds of Canadian households owned their home in 2021, the percentage of renters has increased over the past decade.

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