Weekly Address February 7th Edition

Wow – 4 more divvys projected for this month, in addition to the one that already went out! 

In this weeks Weekly Address check out the latest news, the upcoming meetups in Mission and Kelowna as well as the available opportunities. 👀 Let’s delve into a rich trove of information – Let’s go!

 

Today’s reading time is 4½ minutes.

🤑 Upcoming Payouts

Projected Issuance Payouts

🏆 Quick Wins

👨‍💻 Did you know you can use the addyBusiness platform for private issuances? Are you looking for a software platform to help with your fundraising efforts? Reach out and we can show you around the platform!

🤔 addyOne Membership comes with benefits including the ability to invest $1 – $10,000 per issuance, the addyverse 🎥, instant funds, and much more. Not an addyOne Member, become one today! It’s just $50 per year. 

Upcoming Meetups

Maple View Heights Open House and Meetup
Mission, BC | Tuesday, February 13th | Free registration 🎟️

➡️ Special Guest: Mission Mayor Paul Horn will be in attendance

Okanagan Meetup
Kelowna, BC | End of February | Details Coming Soon 🎟️

📰 Industry News

Canada’s Rental Landscape in 2023 Show Record-Low Vacancies and Affordability Concerns

Rental apartment supply increased, but it has not kept up with the growing demand. As a result, vacancy rates have reached record lows while rent prices have soared to record highs. This situation has raised major concerns about the affordability of rental housing. (CMHC)

Greater Toronto housing market tightens as home sales surge 37% in January: board

Last month’s 4,223 home sales also marked a 22.9 per cent month-over-month increase from December, according to data released Tuesday by the Toronto Regional Real Estate Board. (Global News)

Related: Buyers are back! But where are all the properties? Sales are up in Greater Vancouver but new supply remains low. (REW)

Why Land Act changes are causing angst in B.C

In 2019, the B.C. government passed the Declaration on the Rights of Indigenous Peoples (DRIPA), which the government said would require rewriting numerous statutes. The Land Act is just one of them. (BIV)

“Fake Chinese income” mortgages fuel Toronto Real Estate Bubble: HSBC Bank Leaks 

“I found out a huge mortgage fraud showing borrowers with exaggerated income from one specific country, China”: The Bureau investigates whistleblower docs (Sam Cooper @ The Bureau)

Government extends ban on foreign buying of Canadian housing

The federal government is extending its ban on foreign home purchasing in Canada, Finance Minister Chrystia Freeland announced in a release Sunday. (CBC)

Freeland announces $199 million in support for low-income renters, shelters

Ottawa is pouring an additional $99 million into the Canada Housing Benefit, which offers financial support to low-income renters in partnership with provinces and territories. Freeland said Tuesday another $100 million will go toward emergency winter funding to help shelters create more spaces for people without housing. (CBC)

Available Investment Opportunities

Apex on Perkins 

Stillwater, OK 🇺🇸

This is your opportunity to participate in the ownership of a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma.

Purchasing these securities will be conducted by Atlas One Digital Securities Inc. (Atlas One), an Exempt Market Dealer (EMD) in Canada.

Wychwood

Toronto, ON 🇨🇦

This is your opportunity to participate in the ownership of a 9-unit multi-family complex consisting of 2 buildings located in the Wychwood neighborhood of Toronto, Ontario. 

Purchasing these securities will be conducted by Atlas One Digital Securities Inc. (Atlas One), an Exempt Market Dealer (EMD) in Canada.

The Harrison 

Calgary, AB 🇨🇦

This is your opportunity to participate in the ownership of 51 residential units and 12 commercial units in a single 5-storey mid-rise apartment building located in the City of Calgary.

Purchasing these securities will be conducted by Equivesto Canada Inc. (Equivesto), an Exempt Market Dealer (EMD) in Canada.

Coming Soon

Track Record

Exits so far for addy members

 

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