the weekend edition September 15th

👀 The first ‘Hard Money’ offering is coming to the addy platform. Not an addyOne member yet? Get an addyOne Membership!

The Harrison issuance in Calgary has the next ex-dividend date coming up. Invest by September 30th 2024 to be included in the October and beyond dividends. 1483+ Canadians have already invested. (Details)

Today’s reading time is 5½ minutes.

🗞️ Recent Blog Posts

🚧 Property Update: Davenport

The Issuer (QMW Corp) on the Davenport is pleased to report significant progress on the project, which is ahead of schedule:

Demolition and underpinning have been completed, including opening the three second-floor entranceways.
Walkouts for the basement units are finished.
Deposits have been made for windows and rough-in materials for plumbing, HVAC, and electrical.
Framing has now started.
Additionally, all permits have been issued

The Davenport Campaign ends September 30th 2024

Log into your addy account for complete details on this offering.

💬 Discord Chatter

The addy Discord server is home to over 3,250+ members, actively discussing everything from investing and markets to regulations. It’s a vibrant community, open to all addy members!

Welcome to the latest members to join Discord; Starr, Oscar, Ozan, Dave, tamimi65

Join Discord

📰 Industry News

Taxes, Fees, And Levies Keep The Cost Of Homebuilding From Adding Up

Richard Lyall, president of the Residential Construction Council of Ontario (RESCON), breaks down the cost of doing business when it comes to building new homes in the province, and the math is hard to swallow. (Storeys)

Size Matters: Renters Prioritizing Space And Price Over Location

The BC government is unveiling new measures to build small-scale, multi-unit housing faster and cheaper in the province, through new publicly available and free standardized designs. (Storeys)

Vancouver’s AI surge a boon for real estate, says CBRE report

Total tech occupations in Vancouver grew 30.7 per cent from 2018-23, with the local tech sector now employing 98,700 workers at an average wage of $109,990, CBRE said in its Scoring Tech Talent 2024 report released Wednesday. (BIV)

B.C. government spends $30M on rental housing to keep from ‘speculators, profiteers’

The B.C. government announced Friday that three rental properties in Vancouver, Burnaby and Maple Ridge will be protected from “housing speculators and profiteers” after it unlocked approximately $30 million to help non-profits acquire the 147 units. (Western Investor)

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