🇨🇦 Happy Thanksgiving, Canada! 🇨🇦 Time to eat, give thanks, and gobble up the good vibes! 🦃🍁 We hope you are enjoying the long weekend with your family and friends. In this Weekend Edition you have some of the latest industry news and video interviews. Today’s reading time is 4½ minutes. |
🎞️ Our Videos |
There is a wealth of information on the addy YouTube channel that includes interviews, educational content, feature release details and much more. Here are a few of the more popular videos 👀:
✅ Have you subscribed to the addy YouTube Channel? You can do that here so that you are kept up to date on the latest news from addy and the Issuers on the platform. |
💰 The Harrison, Marda Loop, Calgary, AB |
The Harrison is a 51 residential units and 12 commercial units in a single 5-storey mid-rise apartment building in Calgary, AB. The Plan The plan is to invest and hold for 8 years as an income-producing asset, allowing for monthly distributions and then sell the property. Highlights
Ways that this property pays:
✅ Invest by ex-dividend date of October 31st to be included in the future monthly dividends. |
🎞️ Other Channels |
Royal LePage CEO Phil Soper says Canada’s housing market has remained ‘sluggish’. |
John Pasalis and Steve Saretsky discuss the Vancouver & Toronto Real Estate Market on Move Smartly |
🔓 Unlock the equity in your home |
Hard money loans are short-term, asset-based financings where the loan is secured by the value of real estate property rather than the borrower’s creditworthiness. These loans are typically used for projects like fix-and-flip, bridge financing, or real estate development. Platforms like addy facilitate investments in hard money loans by allowing investors to fund these projects, while also providing borrowers with access to necessary capital. This creates a symbiotic relationship where investors can diversify their portfolios with real estate-backed assets, and borrowers can efficiently secure funding for their ventures. |
📰 Industry News |
Condo investors play a critical role in Canada’s tight rental market Statistics Canada’s latest data drop exposes the hidden backbone of Canada’s rental market: investors. Condos built between 2016 and 2022 are increasingly investor-owned, quietly providing lifelines for renters in a housing market desperate for supply. (Saskatoon StarPhoenix) |
Canada’s rent growth slows as international student enrolment drops Last month, rents across Canada reached an average of $2,193 per month, according to Rentals.ca and Urbanation’s latest National Rent Report. The report pointed to falling numbers of international student enrolments as being behind the trends. (Global News) |
Opinion: BC regulations have unintended housing supply impacts The article in question quotes me as saying that “measures like the speculation and vacancy tax, the flipping tax, the short-term-rental ban, and many others sound good on paper, but in reality they increase the risk of housing investment and, consequently, only worsen our housing shortage.” (Daily Hive) |
Manitoba government to put up $10 million for new housing investment trust The money is being used to start an investment trust that would work to attract private-sector investors then build new housing or convert existing buildings into affordable units. The building projects could be run by non-profit groups, which could leverage more money from other government programs. (Global News) |
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