the weekend edition April 28th

The latest real estate news, Sam Cooper joins The Loonie Hour, the next ex-dividend date for the Harrison is coming up and the current opportunities on the platform. 

Today’s reading time is 3½ minutes. 

PS. Did you know addy is hiring?

📰 Industry News

With capital gains change, the Liberals grasp the tax reform nettle again

While condemning the budget, Pierre Poilievre’s Conservatives have been noticeably quiet on the issue of capital gains. That might be because they sense — correctly — that the Liberals would be happy to accuse them of supporting tax breaks for the rich. (CBC)

Montreal real estate sees unseasonable surge in sales of $1M-plus homes

“A lot of people have been sitting on the sidelines, waiting for an indication that (interest) rates are not going to keep going up,” he said. “I think many people said, ‘OK, rates are anticipated to come down mid-year,’ and they may have viewed this as a window of opportunity before all the buyers rush back in.” (The Gazette)

Vancouver retail real estate market remains ‘robust’

Vacancies expected to stay low as lease rates continue to climb in Vancouver, Victoria. (Western Investor)

📹 The Latest Loonie Hour
“How China is interfering in federal elections in Canada, spreading fentanyl, and exacerbating a housing crisis. Special interview with independent journalist Sam Cooper.”

🎉 addy Member receives a dividend 

The Harrison

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. (Details)

Projecting Monthly Distributions

🗓️ Next Ex-Dividend date is April 30th with a estimated payable date of May 22nd 

Distributions so far:

✅ February 28, 2024 dividend of $2,064.32

✅ March 27, 2024 dividend of $1,062.50

✅ April 24, 2024 dividend of $1,162.84

💰 Available Investment Opportunities

Apex on Perkins

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. (Details) 

Retreat Condos

The opportunity is to participate in the ownership of a 357-unit condo development situated at the address of 3291 Kingston Rd and 2&4 Windy Ridge in Scarborough, Toronto, Ontario. (Details) 

Lakewood Shopping Center

Participate in the ownership of a neighbourhood shopping centre located within Lake Country, alongside Highway 97. (Details) 

Astra Block Industrial

This is an opportunity to participate in the ownership, upgrading and renovating of an Industrial building situated upon 1122 40th Avenue NE, in Calgary Alberta. (Details) 

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