A slowdown in condominium sales has created hope that apartment developers will be able to take advantage of market conditions and erect so-called purpose-built developments.
Despite Need for Housing, Apartment Developers Struggle to Make Projects Work
Higher Development Costs From Interest Rate Increases Override Tax Cuts, Declining Land Prices
By Garry Marr
CoStar News
May 31, 2024 | 9:12 P.M.
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IN THIS ARTICLE
- Properties
- Metro Toronto Convention Centre North & South
255 Front St, Toronto, ON
- Companies
- RioCan Real Estate Investment Trust
Real Estate
- Hullmark
Construction
- Colliers
Real Estate
- Tricon Capital Group, Inc.
Real Estate
- Contacts
- Noah Rechtsman
Executive Vice President – Investments, Hullmark
- Steve Keyzer
Executive Vice President, Sales Representative, Colliers