Bigtime real estate biz wants to sell to city
The biggest Canadian owner of rental apartments is ready to sell buildings to the city – and it’s not the only one. Evidently investment companies were going nuts buying up Montreal properties awhile back.
Ephraim 13:57 on 2023-06-28 Permalink
It makes me wonder if this is a bad sign… and the apartments that they are selling are apartments that they don’t ever see as being profitable. That the expenses of upkeep far outweigh the rents brought in.