Weekly Address September 21st Edition

 

🚀 Big news! Third-party Exempt Market Dealers are now officially live on the platform. This means you’ll start seeing new opportunities from a variety of dealers, each with their own dedicated area inside your account. Leading the charge, Atlas One has already launched 3 opportunities in just 3 days — setting the pace for what’s to come. Keep an eye on your dashboard…this is only the beginning. 👀

Log in to your account see what’s new →

🎤 Blossom Investor Tour – Happening Today! The addy team is hitting the road alongside Atlas One and Equivesto at the Blossom Investor Tour in Toronto, where more than 1,500 DIY investors are gathering to learn, connect, and explore new opportunities. If you’re attending, make sure to swing by our booth and say hi — we’d love to meet you in person and chat about what’s new on the platform.

❤️ The addy Team

Your quick dose of what’s moving markets and mortgages! Below you’ll find the latest real estate and business news shaping the landscape for Canadian investors.

Real Estate News

“Down, But Not Out”: CIBC, Urbanation Look Ahead On Condo Market

Condos are still needed, but what will it take for the segment to rebound?

 

CMHC head says there’s room for banks to take on more risk in funding housing construction

The head of CMHC says the Crown Corporation would welcome banks taking on more risk when it comes to residential construction. Read more.

 

Ana BailĂŁo Named Inaugural CEO Of Build Canada Homes

The former Toronto deputy mayor and housing advocate will lead Ottawa’s new federal housing entity, which Prime Minister Carney launched with $13B in funding on Sunday.

 

Taxing empty rooms is a bad idea, but our addiction to too much house is a problem, too

Housing market and regulatory conditions do nothing to encourage people to utilize 12 million empty bedrooms across Canada. Read more here.

 

Redemptions

Some of Canada’s largest real estate funds have recently halted redemptions, meaning investors who want to withdraw their money can’t do so right now. This typically happens when too many investors ask for redemptions at once, and the fund doesn’t have enough liquid cash on hand without being forced to sell properties at a discount. For investors, it means their money is effectively “locked in” until the fund resumes redemptions.

Nicola Wealth warns investors about potential delays in redeeming money from two real estate funds

Real estate industry struggling with issues such as higher borrowing costs and falling apartment rents

 

Trez Capital suspends investor redemptions on five funds

Vancouver-based company just the latest alternative money manager struggling to meet investor liquidity demands

 

Centurion Apartment REIT, a $7.9-billion private fund, substantially limits investor redemptions

Private real estate fund’s new redemption limits are stoking contagion fears as retail investors try to sell out of similar products

 

Private real estate investor KingSett halts distributions and redemptions on $1.9-billion flagship fund

Investors in the fund, which has $1.9-billion in equity and a total value of $4.9-billion including debt, will not be able to cash out of the fund or receive a cash distribution for the next year

 

Business News

Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift

OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy. The central bank’s policy rate now stands at 2.

 

Bank of Canada says Canada should weigh merits of stablecoin regulation

The Bank of Canada said on Thursday that Canada should consider the merits of stablecoin regulation and said it wanted the federal and provincial authorities to work together and quickly to help advance payment regulatory frameworks.

 

Upcoming Dates

📅 Oct 29th – The Bank of Canada’s Interest Rate Announcement (Bank of Canada)

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