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1,621 Multifamily results

August 21, 2025 | 3:20 p.m.
US apartment giant to buy Canada's Dream Residential REIT
Morgan Properties, an apartment giant based outside Philadelphia, agreed to buy Toronto-based Dream Residential REIT to add the Canadian firm's holdings in the U.S. Midwest and fast-growing Sun Belt.
August 20, 2025 | 9:52 p.m.
Toronto and Montreal's new housing numbers race in opposite directions
The pace of multifamily housing construction starts in Canada’s two largest cities trended in opposite directions according to the latest Canada Mortgage and Housing Corp. data for July.
August 20, 2025 | 7:34 p.m.
CoStar World News for Aug. 21
August 20, 2025 | 6:43 p.m.
Starlight breaks ground on biggest apartment project in Victoria, Vancouver Island
Real estate developer Starlight Investments broke ground on a 1,500-unit transit-oriented project covering two city blocks, planned to be Victoria's largest rental housing development.
August 20, 2025 | 5:06 p.m.
Rent controls can do more harm than good, CMHC says in report
The Canada Mortgage and Housing Corp., a national housing agency whose financing insurance programs play a major role in the country's housing supply, is urging authorities to reject rent control policies.
August 20, 2025 | 1:40 p.m.
Industry responds to potential new tax on homes
Chancellor of the Exchequer Rachel Reeves is considering options for introducing new taxes on higher value homes in this year's Budget.
August 19, 2025 | 4:18 p.m.
H&R sells heritage property office tower with plans to be converted into condos
H&R REIT has sold the Canadian Pacific Building on Yonge Street in Toronto for $20.2 million, clearing the way for the historic office tower to be redeveloped into a 127-unit condominium complex.
August 19, 2025 | 3:20 p.m.
British Columbia leaders reject call by real estate developers to ease foreign buyer ban
British Columbia provincial leaders rejected a call by Vancouver's largest developers for the government to loosen restrictions on foreign investment in real estate as the country grapples with a housing crisis.
August 18, 2025 | 7:27 p.m.
GO Residential completes major New York apartment refinancing
GO Residential Real Estate Investment Trust has completed a refinance of Manhattan’s Copper multifamily complex just weeks after its stock started trading in Canada.
August 18, 2025 | 3:55 p.m.
BSR REIT buys apartment complex in fast-growing city near Dallas
BSR Real Estate Investment Trust, a company based in Little Rock, Arkansas, that trades on the Toronto Stock Market, has acquired The Ownsby Apartments in the Dallas–Fort Worth area.
August 15, 2025 | 11:56 a.m.
Housing prices decline, but modest price correction won’t move affordability needle much
As housing affordability deteriorated across Canada's major urban centres, many residents have sought to move out of the most expensive housing markets, such as Toronto and Vancouver, and look for more affordable living options. Many of those seeking lower housing costs have looked toward Edmonton.
August 14, 2025 | 9:10 p.m.
Developers move forward with long-discussed plan to build downtown Toronto high-rises
Dream Unlimited is partnering with Toronto-based real estate development firm CentreCourt Developments to build a downtown residential complex that has been in the permitting process for many years.
August 13, 2025 | 11:41 p.m.
CoStar World News for Aug. 14
August 13, 2025 | 2:48 p.m.
Dream Office REIT gets busy transforming offices to apartments
Dream Office Real Estate Trust is pumping new life into a pair of its Calgary commercial properties by transforming one office tower into apartments and moving the building's remaining tenants to an adjacent building it also owns.
August 12, 2025 | 8:05 p.m.
Joint venture secures land, financing for multifamily project in Northern Virginia office park
A pair of Washington, D.C.-area developers closed on a land parcel in a Northern Virginia office park with plans to develop a 260-unit apartment building on the site.
August 11, 2025 | 9:25 p.m.
Commercial property executives say recovery has arrived
As far as commercial real estate services firms are concerned, dealmaking is back.
August 11, 2025 | 3:37 p.m.
New apartment towers are transforming downtown Ottawa's skyline
Although we are only halfway through the decade of the 2020s, developers have added more apartment buildings five stories or taller in downtown Ottawa in the last five and a half years than in any recent decade.
August 11, 2025 | 11:36 a.m.
While home prices fall, Toronto's commercial real estate values hold firm
Canada’s residential housing market is continuing to experience significant pricing adjustments. According to various sources, overall prices are down, on average, 10% to 15% compared to their peak in early 2022, when the Bank of Canada began a campaign to rein in inflation by raising interest rates.
August 8, 2025 | 6:45 p.m.
First Capital sells Montreal transit-oriented development site
First Capital REIT has sold a redevelopment site in Montreal where it had planned to build a transit-oriented development.
August 8, 2025 | 8:26 a.m.
Foreign investment takes bigger share of UK, French and German real estate but less in US
Investment across the UK, French and German commercial real estate markets has followed a similar pattern this year, with stubbornly flat figures boosted by increased interest from foreign investors. That pattern contrasts sharply with the US where inward foreign investment has fallen away.