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Category: Residential

COVID-19 and the CECRA Program application process explained

Rachel Puma Residential Government National Jun. 8 2020

After just over a month since the Canada Emergency Commercial Rent Assistance Program (“Program”) was announced, applications are finally being accepted. The Program is administered by Canada Mortgage and Housing Corporation (“CMHC”) and is available for eligible property owners (“EPO”)

CAPREIT buys out 8 more GTA multifamily operating leases

Don Wilcox Residential Transactions Toronto / GTA Jun. 4 2020

Canadian Apartment Properties Real Estate Investment Trust (CAR-UN-T) is spending $123 million to prepay the buyouts of its operating leases for eight multifamily properties in Toronto.  The REIT had previously announced the buyouts of three operating leases, and on Wednesday

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