Why hotel owners are thinking to sell their assets in 2023
There could be various reasons why hotel owners might be selling their hotels in 2023 or any other year. Here are some possible explanations: ✅ Economic Factors: Economic conditions can significantly impact the hotel industry. If there is a recession or economic downturn, hotel owners may choose to sell their properties to cut their losses or […]
Hotels Are Increasingly a Preferred Asset Class for Active Investors
Hotel Transaction Volume Reached Record High in 2022, Outpacing Growth in Office Deals (Inessa Binenbaum/CoStar) Hotels are evolving into a preferred asset class for investors based on transaction volume trends across other commercial real estate asset classes. Specifically, hotel sales volume growth has doubled office sales growth in recent months, compared to the long-term historical […]
Apartment investment sector sees fewer deals, smaller assets trading
Many factors at play as private investment dominates transaction landscape across Canada The number of purpose-built apartment transactions, and the size of those deals, has been trending downward. While a series of interest rate hikes over the past two years are responsible for some of the slowdown, other factors are also at play in Canada’s […]
Why 2024 will be difficult for hotel owners
Predicting the specific challenges that hotel owners will face in 2024 can be challenging as it depends on a wide range of factors including economic conditions, global events, and industry trends. However, I can provide some insights into potential difficulties that hotel owners may encounter in 2024: It’s important to note that the hotel industry […]
Million-square-foot Ontario industrial portfolio for sale
Eight properties spread across the Greater Toronto Area being marketed by RBC, CBRE CanFirst Capital Management has put eight Ontario logistics and industrial assets totalling 1.05 million square feet on the market through RBC Capital Markets Real Estate Group and CBRE. The properties are in key transportation corridors near 400-series highways, and in close proximity to good […]
Feds unlock another $20 billion for low-cost rental construction financing: Freeland
The federal government is unlocking another $20 billion in low-cost financing for the construction of rental housing across Canada, Finance Minister Chrystia Freeland announced Tuesday. The Canada Mortgage Bonds program, which raises funds for residential mortgage financing, had an annual limit of $40 billion. The limit is being increased to $60 billion, with the additional […]
Posthaste: Canadians could be gearing up to enter the housing market again
Yet many think we’re about to enter a recession or are in one already, survey says Some Canadians who’ve been sitting on the sidelines of the housing market in the face of high prices and interest rates might be getting ready to jump back in, new research suggests. Home-buying intentions appear to be rising, according […]
From B.C. to Newfoundland, demand for industrial real estate remains high
The market for industrial real estate across Canada is going full speed ahead even as higher interest rates and lingering inflation continue to haunt many sectors of the economy. Industrial property continued to outperform nearly every other asset class in 12 commercial real estate markets across the country, according to the RE/MAX 2023 Commercial Real […]
The Most-Anticipated Hotel Openings for the Remainder of 2023
More New Hotels To Open This Year Than in 2022 In the U.S., more new hotels are expected to open this year than last year, despite the number of hotel rooms under construction essentially flat-lining over the past year. If all hotels open on time, there will be nearly 755 new hotels, compared to nearly […]
