Toronto-based Crestpoint Real Estate Investments, in partnership with the Trinity Retail Fund, has expanded its Alberta portfolio in the past few months by acquiring three retail properties. The investments also pushed Crestpoint’s AUM past the $10-billion mark.
Unprecedented population growth, persistent higher interest rates and elevated housing prices across much of Canada are creating a unique set of challenges for the Western Canadian apartment development industry, according to ATB Financial chief economist Mark Parsons.
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