News

U.S. Imposes New 10% Tariffs on Imports from Canada, 59 Other Economies

Canada + Apartment Buildings

The U.S. government imposed new 10% tariffs on imports from Canada and 59 other economies on Friday, citing the products’ ties to forced labour. All of the duties comprise a minimum 10% threshold, with some as high as 12.5%. The new duties affect Canada, the European Union and other countries, replacing a temporary tariff that...

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Hazelview Looking to Boost Multi-Res Fund After Completing First Close

Canada + Apartment Buildings

Hazelview Investments is looking to double the size of its new $150-million Canadian Multi-Residential Fund VI and acquire more assets with it. Toronto-based Hazelview plans to double the size of the fund to $300 million after the completed the first close by securing equity commitments from Canadian institutional and private investors for a value-add rental-housing...

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Federal Government Invests $30M in New Edmonton Affordable Housing Project

Canada + Apartment Buildings

The federal government has invested $30 million through the Affordable Housing Fund in a new 70-townhomes project in southeast Edmonton. HomeEd marked the formal groundbreaking of the project on Thursday with a plan to construct 70 townhomes on the former surplus school site at 909 Ogilvie Boulevard N.W. The City of Edmonton is providing the...

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Greystone Provides $92M in Fannie Mae Loans to Metropolitan Realty

New York & Tri-State + Apartment Buildings

Greystone has provided a total of $91,851,000 in Fannie Mae loans to refinance and acquire three affordable housing communities located in New York. The financing was originated by senior managing director Eric Rosenstock and EVP Jeff Englund on behalf of Metropolitan Realty Group. The financing includes three affordable multifamily communities that will each undergo moderate...

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Chartwell Completes Deals, Launches New Projects Across Canada

Canada + Senior Housing

Chartwell has completed the acquisition of a 50% interest in a Quebec retirement residence and launched four new development projects in Quebec, Alberta and B.C. that will add a combined 828 suites to its growth pipeline. The company also confirmed that it has sold nine Ontario seniors homes to Prima Living for $117.9 million. Although...

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Starlight Demonstrates Commitment to Sustainability with Water, Energy Retrofits

Canada + Apartment Buildings

Starlight Investments is outperforming many of its competitors when it comes to energy and water retrofits, the company’s latest sustainability report indicates. Toronto-based Starlight’s 2025 Sustainability Report shows that the multi-family investment, development and property management company has invested $2.6 billion in building enhancements and expanding its portfolio since 2019. “I think that [finding] really...

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MassDOT Seeks Developer for 20-Acre Fall River Site

Boston & New England + Apartment Buildings

The Massachusetts Department of Transportation (MassDOT) on Friday released an Invitation to Bid for the redevelopment of approximately 20 acres of waterfront property along the Taunton River in Fall River. The site represents one of New England’s largest waterfront redevelopment opportunities directly adjacent to commuter rail. Created through the Route 79/Davol Street Corridor Improvements Project and located adjacent to the...

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Logos Faith Development Sets 15 Groundbreakings Over the Next Three Years

California & West + Apartment Buildings

Logos Faith Development, a Los Angeles-based affordable housing developer partnering with faith communities across Southern California, announced 15 groundbreakings planned across 2026, 2027 and 2028. In support of that growth, Logos has signed a long-term lease for new headquarters in Downtown Los Angeles. The large-scale development schedule includes five groundbreakings in 2026, five more slated for...

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