WHAT IS APOLLO INSURANCE? Apollo is a leading digital insurance provider. We’ve built an insurance company from the ground up. Over the last five years, we’ve raised roughly $50 million CAD to solve the problem of integrating technology with insurance. What we do is...
Month: May 2023
All Ideas on Table to Solve Canada’s Housing Crisis for Students, including Building Mixed-Use and Seniors Housing on Campus
With occupancy rates hovering close to 100% in many Canadian university submarkets, it is vital for universities and government executives to work more closely together on many challenges, including public transportation and new housing on campus. However, the type of...
Most students are Lonely on-Campus Post-Pandemic, according to SHURE Initiative Survey and Research
Adjusting to post-COVID life on-campus is leaving many students feeling lonely and isolated, despite the best efforts of universities to infuse more social behavior, including activities in dining halls. The survey of more than 100 Simon Fraser University (SFU)...
What’s the Best Terminology to Support Buying & Selling of Student-Related Assets?
CIBT Education Group’s Toby Chu is one of the most active developers in Canada, but says his student-related real estate is not marketed as purpose-built student housing, or the acronym PBSH. Chu addressed the misnomers of this growing asset class in Canada at...
Canadian-based Keilty Realty Corporation announces new Multifamily acquisition
Keilty Realty Corporation of Kingston, Ontario (Canada) has acquired 14 Scace Ave. in Brockville, Ontario. According to records, 14 Scace Ave is an 18 unit, 3-story asset built in 1960. The property includes parking for 25 vehicles. An employee-owned real estate...
Having Ears Wide Open to Canada’s Indigenous Students
Dr. Geoffrey Payne joined University of North British Columbia (UNBC) as president just 19 days before the start of the COVID-19 pandemic. “What a way to start life as a president.” With that opening remark, Payne joined Dr. Mike Porritt of The Scion Group Advisory...
GREYSTAR EXPANDS IN UK, SUPPORTED BY LASALLE FIXED-RATE ‘GREEN LOAN’
Greystar is expanding in the UK, with the support of LaSalle Investment Management. IPE is reporting that LaSalle’s European debt division has provided the student housing developer with a fixed-rate £130m (€147m) green loan facility. The funds will be used to help...
Canada’s Housing Crisis Spawns Rental Scams; Operators Must Embrace Property Technology or Lose Tenants
Today's Rental Market Problems: High Inflation, High Cost of Living I'm sure we've all seen the headlines. Vancouver dubbed priciest Canadian city to rent in. It costs over $43,000 a year to rent a two-bedroom apartment in Vancouver. How Canadian rental prices have...
A Summary of Global Student Housing & University Real Estate Transactions: Week of May 8, 2023
Lesley University in Cambridge, Massachusetts has listed for sale a portfolio of academic-related buildings. According to Lesley University, the portfolio is valued at $38.2 million. The portfolio consists of five new buildings on Wendell Street in the Baldwin...