- John Bosco-Agbasi has been appointed as Fengate Real Estate’s managing director. He will oversee Toronto-based Fengate’s commercial and residential property portfolios. Bosco-Agbasi moved to Fengate from Carttera, where he served as director of asset management.
- Gautam Kumar has joined Colliers as the firm’s vice-president of debt advisory in Edmonton. Kumar has about 15 years of commercial real estate financing experience.
Vancouver condominium sales dropped 37% between mid-2022 and the first quarter of 2025, according to a new report from the Canada Mortgage and Housing Corporation (CMHC). The report attributed the decline to rising interest rates that have reduced affordability for homebuyers and weakened investor returns. The downturn has led to a growing inventory of unsold...
Learn moreInvestor appetite for Canadian multi-family rental assets exceeded core-quality availabilities in the first quarter, says a new report from Morguard. Multi-family assets were expected to generate strong yields but supply was limited, according to Morguard’s 2025 Economic Outlook and Fundamentals report. “The multi-suite residential rental sector’s continued resilience was observed in the first quarter, amid...
Learn moreMerchants Capital secured $231 million in total financing for the renovation of Eastchester Gardens, a $391-million New York City Housing Authority Permanent Affordability Commitment Together (PACT) project that spans 10 residential buildings in the Bronx. Eastchester Gardens is one of the oldest public housing developments in New York City and the second oldest in the borough....
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