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Explore five properties currently available on the platform, with a sixth launching tomorrow! From real estate developments to cash-flowing assets, there are plenty of opportunities to consider. Plus, some exciting updates: the first hard money loan has successfully exited, another property is completing a full return of capital, and we’re sharing the latest industry news. Let’s go! |
🤑 Current Opportunities |
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Ferndale Townhomes – development of 18 purpose-built rental multifamily units on Vancouver Island 150 Hughson St – a 56-unit multifamily property with 5,000 sq/ft of commercial space. 2440 Albert – development of 16-unit multifamily rental building in Rockland, Ontario. 75 Prince William – a 100% fully stabilized 35,033 SF office building in the central business district of Saint John, NB The Harrison – monthly cash-flowing 51 residential units and 12 commercial units in a single 5-storey mid-rise apartment building located in the City of Calgary. |
💥 Dropping Tomorrow |
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Heartland Townhomes – monthly cash-flowing 48 unit rental townhome project located in the rapidly growing neighbourhood of Heartland in Cochrane, AB. |
🤑 Returns |
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We’re thrilled to announce an exciting milestone for the addy community: the successful exit of our very first hard money loan investment! 170 investors have received their full principal back, plus interest. Investors invested in a 3 month term loan and the borrower has repaid the loan in full, plus interest sooner than anticipated. This amount is equivalent to a 13.46% annualized return in 51 days. |
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We’re also excited to bring you the news that The Montebello project at 50 Herrick Ave, St. Catharines, ON, is in the process of exiting investors. Today, 1136 investors will receive their full return of capital ($602,530.00) with the 20% IRR profits to follow shortly. Watch your addy wallet for your return of capital to arrive. |
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🎧 The Latest Podcast |
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📰 Industry News |
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Thind Facing Two More Receiverships, Owes $220M To KingSett The receivership application was filed by KingSett Capital against Thind’s Highline and Minoru Square projects. (Storeys) |
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Here’s which parts of Canada could see rent relief in the next few years As housing affordability continues to be a pain point for many Canadians, a new report highlights which parts of the country may see some relief when it comes to rent inflation over the next few years. (Daily Hive) |
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Inflation rate rises to 2% in October, reducing odds of another jumbo rate cut Canada’s inflation rate climbed back up to two per cent in October, shifting expectations slightly in favour of a smaller, quarter-percentage point interest rate cut next month. (Western Investor) |
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CMHC reports annual pace of housing starts up eight per cent in October Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September. (BIV) |
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We’re so glad you’re part of the addy family! Why not share the real estate adventure with your friends? They’ll get a jumpstart on investing, and you’ll grow your empires together! Here’s to building wealth side by side! The addy Squad |
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