AI playing ‘transformative’ role in reshaping the real estate industry

AI playing ‘transformative’ role in reshaping the real estate industry

The Peebles Corporation founder, chairman, and CEO Don Peebles discusses whether commercial real estate will crash on Making Money. The real estate industry is turning to artificial intelligence (AI) tools for a variety of new use cases ranging from identifying potential investments to forecasting how renovations may impact a property’s value. David Conroy, director of…

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Toronto office buildings ‘obsolete’ and more Canadian real estate news for September 30

Toronto office buildings ‘obsolete’ and more Canadian real estate news for September 30

Home of the Week, 3286 County Road 8, Prince Edward County, Ont.OneLook Photography Here are The Globe and Mail’s top housing and real estate stories this week, with the lowest mortgage rates available in Canada today, commentary from our mortgage expert and one home worth a look. Take The Globe’s business and investing news quiz…

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Ontario apartment buildings bring investors double-digit returns. Some tenants say they’re paying the price

Ontario apartment buildings bring investors double-digit returns. Some tenants say they’re paying the price

A real estate investment company that’s bought up dozens of older apartment buildings in recent years says it has become “a great Canadian growth story,” while some of its tenants say they’re living in a different reality.  Equiton’s strategy is to buy buildings where existing tenants pay below-market rent, and renovate units when those tenants move so…

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