Multi-Family

Multi-family property owners have seen value of assets eroded, finds Goodman Commercial

“Commercial real estate remained one of the most attractive and stable long-term investments in 2019 and will continue to attract interest from investors in 2020,” says Morguard

Cap rates of five to six per cent — along with relative economic diversity — make Alberta’s capital city an attractive proposition, says report

Price per door lower outside Metro region, but rents in many places are similar and return on investment is higher

High demand and low supply of multi-family apartment buildings keeps cap rates suppressed, says CBRE report

Landlords and investors shift action away from Metro Vancouver to Okanagan and Island as “citizens against nearly everything” stall projects

Multi-family building transactions follow downward trend set by market residential home sales

Lenders say cheap financing and high tenant demand should keep developers optimistic despite apparent anti-development stance of province and some municipalities

Calgary is on a fragile mend, Winnipeg stays stable but Saskatoon sees per-door apartment building prices slip as vacancies hit double digits and rental rates tumble

Landlords could face higher vacancy rates and lower buyer appetite for apartment buildings as new regulations, higher inventory disrupt market