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For many, home ownership is seen as a badge of honor representing a financial milestone on the journey through adulthood. But as the saying goes—times are a changin’—and today we are seeing more people choosing to rent – but not for the reasons you might think. Referred to as Lifestyle Renters, this cohort includes young professionals with and without small children, as well as empty nesters.
Don Wilcox Residential Market Trends National If you’re looking for a word to summarize the 2022 experience for investors, developers, owners and operators in the commercial and multifamily real estate industry, may we suggest: “Uncertainty.” It was a big part of the discussion as we all entered the year, almost 365 days ago now, and it is an even more dominant topic today as we click our digital calendars over into 2023.
One of Ottawa’s newest industrial developers, Avenue 31, has completed two significant leases in recent months at its National Capital Business Park where it has constructed three spec buildings and plans about 1.3 million square feet of development.
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