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Prime Burnaby apartment property for sale

Steve McLean, Real Estate News Exchange
November 15, 2018

A prime site in Burnaby’s Metrotown neighbourhood is for sale, offering both solid holding income from existing apartments and attractive redevelopment potential.

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Thousands of new apartment units ‘at risk’ in Vancouver

Evan Duggan, Property Biz Canada
September 25, 2018

Approximately 12,000 planned Metro Vancouver purpose-built rental apartment units worth an estimated $5 billion are at risk of not getting built due to government policies, rising construction costs and delayed permitting, says an apartment building sales specialist.

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City’s commercial real estate investment headed for record year

By Peter Mitham, Business in Vancouver
September 19, 2018

Steady pace

Apartment properties are among the assets with steady investor demand, as the Goodman team at HQ Commercial reported earlier this summer. Goodman numbers indicate that 89 purpose-built rental buildings changed hands in 2018’s first six months, versus 87 a year earlier. Total dollar volume was $1.4 billion, up 7% from a year ago.

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