
Innovative Multifamily Developments: Toronto's Housing Crisis and Global Investment Trends
In this episode, Sandy MacKay delves into Toronto's housing crisis, focusing on innovative multifamily developments and the CoStar Impact Award-winning Saint George project. Featuring insights from Leonid Kotov, the discussion covers the future of multifamily housing in Toronto, GO Residential's US expansion, and Canadian investment in NYC's luxury market. The episode also explores M&T Realty Capital's financing for hotel-to-multifamily conversions. It concludes with a discussion on innovative housing solutions and closing remarks.
Key Points
- The Saint George project in Toronto exemplifies innovative multifamily housing development by transforming a single-family home into a 22-bedroom, nine-unit multiplex to address the city's affordability crisis.
- GO Residential Real Estate Investment Trust's move to go public with a portfolio of over 2,000 luxury apartments in New York City reflects the growing trend of Canadian investors expanding into the U.S. real estate market.
- M&T Realty Capital Corporation's $76 million loan for hotel-to-multifamily conversion projects highlights the increasing demand for rental units and the innovative repurposing of underutilized properties to provide affordable housing.
Chapters
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5:31 | |
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8:09 |
Transcript
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