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British Columbia

Apartment investment sector sees fewer deals, smaller assets trading

Steve McLean Residential Apartments National Sep. 19 2023

The number of purpose-built apartment transactions, and the size of those deals, has been trending downward. Higher interest rates are one reason for the trend, but other factors are also at play.

Penticton's Sokana condos Phase 1 sells out, reveals pent-up demand

Evan Duggan Residential Condominiums British Columbia Aug. 14 2023

The quick sell-out of phase one of a Penticton condo project reveals pent-up demand in B.C.'s South Okanagan market, with potentially thousands of others eager to join the city’s buyer pool, say the teams behind the two-building development.

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