Publicly traded apartment landlords reporting earnings are benefiting further from a soaring rental market driven by high homeownership costs. But the high cost of debt is still weighing on the minds of management.
Canada's Apartment Rent Rises for Publicly Traded Landlords, but So Do Expenses
Second Quarter Sees REITs Looking To Pay Down Debt With Higher Interest Rates
By Garry Marr
CoStar News
August 10, 2023 | 8:46 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- William's Court Building A
1175 Maritime Way, Ottawa, ON
- Companies
- Canadian Apartment Properties REIT
Real Estate
- Killam Apartment REIT
Real Estate