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Calgary

Avenue Living passes $5B in assets under management

Mario Toneguzzi Residential Apartments Calgary Sep. 20 2023

Avenue Living Asset Management was founded in 2006 with the purchase of 24 rental units in Brooks, Alta. for just over $3 million. With its latest acquisitions, the Calgary firm has surpassed $5 billion in assets under management, with continued growth on the horizon.

National CRE reports show higher cap rates, lower activity: CBRE, Colliers

Steve McLean Commercial Apartments National Sep. 6 2023

Higher interest rates continue to dampen enthusiasm for commercial real estate, both CBRE and Colliers note in second-quarter reports exploring cap rates and market conditions for different asset classes and markets across Canada.

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