Is there an opportunity to convert office towers into residential towers? In many cities around the world, there is a shortage of affordable housing, leading to high rents and homelessness. One solution to this problem is to convert office towers into residential towers. This approach can provide an opportunity for developers, investors, and local communities […]
Category Archives: Articles
25
Mar
Mar
Canada’s Top Female Investing Influencers The team at Blossom gathered some of Canada’s top female investing influencers for a digital round table to discuss passive income, money tips, real estate and the stock market. YouTuber Brandon Beavis facilitated the conversation with MoneywithCass, Joyee Yang, The Sassy Investor, Financial Nirvana Mama and Humbled Trader. Check it […]
23
Mar
Mar
Alberta Growth The province of Alberta gained 11,534 residents from other parts of Canada in the fourth quarter of 2022 according to Statistics Canada. This was the 6th quarter in a row that Alberta gained population from other parts of Canada. According to Statistics Canada, Alberta’s population grew by just over 160,000 people last year. […]
23
Mar
Mar
Record Growth in Canada According to CBC, “Canada’s population grew by record 1 million in 2022, spurred by international migration.” Total population closing in on 40 million as Canada remains fastest-growing G7 country: StatsCan Total population grew by a record 1.05 million people to 39.57 million in the 12 months to Jan. 1, 2023, and […]
23
Mar
Mar
British Columbia Year-End 2022 Investment Review In 2022, the commercial real estate market in British Columbia showed resilience despite macroeconomic and geopolitical challenges that persisted throughout the year. Despite the Bank of Canada’s seven consecutive interest rate increases, acquisitions and sales continued to take place throughout the province. The following sales figures were recorded in […]
17
Mar
Mar
The Canadian construction and development industry encountered major obstacles in 2022, including supply chain disruptions, cost increases, and higher interest rates. Despite these challenges, positive factors such as strong demand from high immigration, growing targets, and ongoing projects provide encouraging signs. Additionally, the outlook for construction cost stability is improving. However, it is crucial to […]
07
Mar
Mar
Student Housing is an interesting area of the market, especially in the United States. We took a look at a few reasons why it could make for an interesting investment opportunity. Demand is Growing The United States student housing has long been a favourite of investors. Over the remainder of this decade, the National Multifamily […]
28
Feb
Feb
Art by Local Artist – UBC Okanagan Student Lisa Snelling If you haven’t checked it out yet, our discord is the place to be to stay the most up to date with issuers using the addy platform. While some information is only available to paid addyOne members, property updates are available to all. Ahead of […]
26
Feb
Feb
Northwood Terrace Apartments; Clearview on the Park; Wingreen Court Apartments – properties issued on the addy platform Toronto is leading the way in terms of development activity in Canada with almost 10,000 rental units under construction due to supply shortages and immigration. The city is a strong financial and tech hub with higher wage jobs […]
21
Feb
Feb
The Popular Idea to Turn Office Buildings into Residential Spaces According to the CBC, turning office buildings into residential spaces is becoming a popular trend in North America. Calgary vacancy rate for office buildings is around 30%, far higher than the expected 8-10%. The initiative to convert these buildings, when possible, just makes sense. Converting […]