News

March 2, 2023

Tightening of Rental Demand Likely in 2023

Closing out 2022, the Canadian rental industry has experienced extremes of demand, run-away rental … Continue reading Tightening of Rental Demand Likely in 2023

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February 16, 2023

Record-Setting Year for Calgary’s Multi-Family Market

Several economic factors have all lined up in the past year to help support … Continue reading Record-Setting Year for Calgary’s Multi-Family Market

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February 2, 2023

Expediting Approval Process a Key for Meeting Housing Supply Shortage

One of the most common complaints these days in the real estate industry seems … Continue reading Expediting Approval Process a Key for Meeting Housing Supply Shortage

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January 19, 2023

Purpose-Built Rental Development Trying to Keep Up with Demand

Several economic market fundamentals are lining up to make this a very positive year … Continue reading Purpose-Built Rental Development Trying to Keep Up with Demand

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January 5, 2023

Canada is Moving Towards a Rentership Nation

Is Canada becoming a nation of renters? That’s the interesting question posed recently by … Continue reading Canada is Moving Towards a Rentership Nation

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November 24, 2022

Construction of Rental Units Continues in Calgary, Supporting Growing Demand

Increasing levels of employment and population growth through immigration and inter-provincial migration, buoyed by … Continue reading Construction of Rental Units Continues in Calgary, Supporting Growing Demand

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November 3, 2022

Calgary Remains One of The Most Affordable Places in Canada

In recent months, the Alberta government has launched a campaign to attract people from … Continue reading Calgary Remains One of The Most Affordable Places in Canada

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October 27, 2022

Real Estate Investors Find Opportunity in Value-Add Properties

The multi-family rental market across North America has never been as strong as it … Continue reading Real Estate Investors Find Opportunity in Value-Add Properties

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October 6, 2022

Growth of Renter Households Continues to Outpace Growth of Owner Households

Dynamics taking place in the Canadian housing market these days are good news for … Continue reading Growth of Renter Households Continues to Outpace Growth of Owner Households

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September 22, 2022

Alberta Well-Positioned for Impending Recession

With fears that there’s a recession on the horizon, Alberta is well positioned in … Continue reading Alberta Well-Positioned for Impending Recession

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September 8, 2022

Real Estate Developers Start to Alleviate Housing Shortage Problem

One of the big issues that has surfaced this year is the lack of … Continue reading Real Estate Developers Start to Alleviate Housing Shortage Problem

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August 11, 2022

Alberta’s Continued Population Growth Presents Good News for Multifamily Investments

One of the key indicators of economic growth in a particular region is its … Continue reading Alberta’s Continued Population Growth Presents Good News for Multifamily Investments

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July 21, 2022

Will the Current Mining Revolution Turn into the Alberta Advantage?

With the growing interest and push in electric vehicles these days and the materials … Continue reading Will the Current Mining Revolution Turn into the Alberta Advantage?

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July 8, 2022

Interest Rate Hikes Impacting Multi-family Residential

Interest Rate Hikes Impacting Multi-family Residential Rising inflation and costs combined with hikes in … Continue reading Interest Rate Hikes Impacting Multi-family Residential

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June 9, 2022

Finding the Ideal Unit Mix for Property Owners

What is the ideal unit mix for landlords and the properties they own? It’s … Continue reading Finding the Ideal Unit Mix for Property Owners

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May 26, 2022

Importance of Reducing Tenant Turnover

Reducing the amount of tenant turnover for a landlord is a critical component of … Continue reading Importance of Reducing Tenant Turnover

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May 12, 2022

Utility Costs Taking a Big Bite Out Of People’s Budgets

A spike in utility costs in recent months has been shocking for residents and … Continue reading Utility Costs Taking a Big Bite Out Of People’s Budgets

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April 21, 2022

Alberta Has Seen Dramatic Growth in Insurance Premiums over the Past 10 Years

One of the key expenses driving up costs for landlords and property owners these … Continue reading Alberta Has Seen Dramatic Growth in Insurance Premiums over the Past 10 Years

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March 23, 2022

Innovative Ways to Generate Ancillary Income

For property landlords, generating ancillary income from their real estate assets is an important … Continue reading Innovative Ways to Generate Ancillary Income

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March 3, 2022

Falling Vacancy Rates Spark Rising Rental Rates

Rental properties in Calgary have become a wise investment vehicle for investors as vacancy … Continue reading Falling Vacancy Rates Spark Rising Rental Rates

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February 17, 2022

Multi-family Rent Control – Alberta vs. Other Provinces

If you are a landlord and looking to invest in the multi-family real estate … Continue reading Multi-family Rent Control – Alberta vs. Other Provinces

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February 2, 2022

Will Single Family Rentals Come to Canada?

These days, a trend that is growing in some markets in the United States … Continue reading Will Single Family Rentals Come to Canada?

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January 19, 2022

Why Population Growth is Key for Multi-family

Demographic trends are the foundation for the multi-family residential market and the growth in … Continue reading Why Population Growth is Key for Multi-family

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January 5, 2022

Who’s Buying Multifamily in Calgary?

The multi-family real estate asset class has experienced intense interest over the past five … Continue reading Who’s Buying Multifamily in Calgary?

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December 2, 2021

Why Developers are Building Purpose-Built Rentals

Developers in Canada have an increasing interest in building new purpose-built rental projects to … Continue reading Why Developers are Building Purpose-Built Rentals

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October 28, 2021

Why Canada is a Great Market for Multifamily

The Canadian multi-family real estate market has experienced strong demand and yield for investors … Continue reading Why Canada is a Great Market for Multifamily

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October 7, 2021

Bright Future for Alberta’s Economy

Chris Chornohos, AACI, MRICS is an appraiser, builder and developer, and a recovering commercial … Continue reading Bright Future for Alberta’s Economy

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August 10, 2021

5 Attractive Attributes of Multifamily Investments

Multifamily real estate is one of the most attractive asset classes within commercial real … Continue reading 5 Attractive Attributes of Multifamily Investments

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Chris Chornohos is a leading real estate consultant, investor and developer with extensive experience within the commercial real estate industry. Contact me today.

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