Ontario Mortgage & Real Estate Insights Podcast
We cover the daily developments, trends, and regulatory changes affecting the industry, powered by an AI Steve Hamoen. Get insights sourced from reputable news outlets to help you stay informed and make well-informed decisions.
Oxford Properties breaking ground in Scarborough rental project, Caisse investing US$200M in infrastructure firm
In this episode, the discussion opens with an introduction to the podcast, followed by a sponsor message from Real Approved Inc. The conversation delves into Oxford Properties' new rental project in Scarborough, exploring its financing and collaboration with the government. The focus shifts to Caisse de dépôt et placement du Québec's investment in Renewa, highlighting its emphasis on clean energy. Real estate trends and community sustainability are examined, offering insights into the evolving landscape. The episode concludes with closing remarks and a reminder from the sponsor, Real Approved Inc.
Key Points
- Oxford Properties is developing a significant rental housing project in Scarborough, Ontario, with three residential towers totaling 1,285 units, set for completion by summer 2029.
- The project received a $650 million rental housing construction loan from the Canada Mortgage and Housing Corporation, highlighting the financial commitment to meet future housing demands.
- The Caisse de dépôt et placement du Québec is investing US$200 million in Renewa to support clean energy projects, emphasizing the importance of sustainable infrastructure investments.
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Transcript
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