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Why investors keep buying apartments, even when the market softens

Rent growth slows, supply increases, but multifamily remains attractive

Starlight Investments acquired the 942-unit apartment complex at 71-79 Thorncliffe Park Drive for $278.6 million in August 2026. (CoStar)

Starlight Investments acquired the 942-unit apartment complex at 71-79 Thorncliffe Park Drive for $278.6 million in August 2026. (CoStar)

By Benjamin Haythornthwaite

CoStar Analytics

September 22, 2026 | 12:11 P.M.

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Multifamily investment activity has been one of the strongest growth stories in Canadian commercial real estate over the past decade.

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