There are lots of ideas out there for how to improve the supply of new rental housing. But it is important to remember, at least here in our market, that the playing field is not level between new condominiums and new rental homes. We have… Read More
I have written about Le Corbusier’s Cité Radieuse in Marseille many times before on the blog. It is one of the most influential multi-unit buildings of the 20th century. For better and for worse, it inspired a generation of architects. But up until this afternoon,… Read More
This afternoon a few people from our team toured two of Fitzrovia’s recently completed rental apartment buildings here in Toronto. For those of you who may not be familiar, Fitzrovia is a relatively young company, but they have quickly become one if not the most… Read More
Oof. Let’s assume for a second that you penned an article back in April 2020 called, “It’s time to build.” And in this article, you argued, among other things, that we’re not building nearly enough housing and that home prices are skyrocketing as a result.… Read More
The WSJ announced today that smart-lock company Latch is getting SPAC’ed (i.e. going public). The deal, which is sponsored by commercial real estate firm Tishman Speyer, values the company at about $1.56 billion. One of the things that is attractive about Latch is that they’re… Read More
I just finished reading about an apartment building in Los Angeles that is currently retrofitting its amenity spaces to include, among other things, an appropriately spread out co-working space, two podcast rooms, and a TikTok studio. This latter amenity will be a roughly 100 square… Read More
My super scientific Twitter balcony survey has revealed that most people seem to like balconies and terraces. Out of the 257 people that voted (not a huge number), 77.4% said that if they were in the market to buy or rent a new place, they… Read More
A few days ago it was announced that Blackstone has entered the multi-family space in Canada through a JV with Starlight Investments. They are buying 6 undisclosed multi-family buildings. 5 in Toronto. And 1 in Montréal. The total is 746 units. The message in the… Read More
Here are the results from my primitive multi-unit building amenities survey: Gym is number 1. No surprise there. 46% of respondents said it was in their top 3. Rooftop outdoor space at number 2 was perhaps a bit surprising. But then again, who doesn’t love… Read More
I’ve written about co-living spaces before – here and probably elsewhere on this blog. Well this morning, WeWork (the co-working startup currently valued at a cool $16 billion) unveiled its inaugural co-living space on New York’s Wall Street. It’s called WeLive and Vanity Fair describes it… Read More
BRANDON DONNELLY 