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Category: Residential

Apartment buildings: Value not immune to interest-rate increases

Ramona Vadi Residential Buying and Selling National Apr. 13 2022

With governments “printing money” and inflation creeping into all aspects of our daily lives, it was only a matter of time before the federal government increased the interest rate to curb spending. However, a lot of people were surprised at

Minto Apt. REIT acquires 753 units in Toronto, Calgary for $201M

Don Wilcox Residential Transactions Toronto / GTA Apr. 12 2022

Minto Apartment REIT has acquired interests in 753 multiresidential rental suites at two downtown properties, the new Niagara West tower in Toronto and The International in Calgary, for $201 million. Minto (MI-UN-T) is paying $114.5 million to acquire a 28.35

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