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CMHC Rental Reports – Fall 2017 Edmonton, Alberta & Canada

By John Carter on Thursday, November 30th, 2017 in Market Reports, News for Alberta Landlords. No Comments

CMHC has released their fall rental market reports for Edmonton, Alberta and Canada. See full reports linked below and summary of key indicators for multi-family apartment landlords below. Contact us if you have questions about how this affects your property holdings or acquisition opportunities.

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NOW HIRING – Licensed Commercial REALTOR Assistant

By John Carter on Friday, August 4th, 2017 in Opinions and Perspectives. No Comments

About the Company:

RE/MAX River City – Commercial Division has been one of the top performing real estate brokerages in Edmonton for over 25 years. With three locations in Old Strathcona, South Edmonton and Beaumont. Our commercial division has REALTORS specializing in all asset classes, investment sales, leasing and even business sales. With many awards in our history, those we are most proud of are being the #1 top contributing Brokerage in Edmonton to the Children’s Miracle Network (CMN) charity every year since 2012.  We work hard, have fun and give back to the community we serve.

John Carter is an investment property sales specialist with a focus on multi-family and retail income property. He is the Broker for RE/MAX River City. He bought his first investment property while still in his second year of university. By the time he completed his Bachelor of Management degree he had acquired other investment properties and successfully completed his first condo conversion project—a 12 suite apartment building in Edmonton. Starting his career as a real estate investor gave him a better understanding of client’s needs when working as a Commercial REALTOR. In addition to an over 10 year career in Edmonton, John also worked with a commercial firm in downtown Toronto for three years, forming and leading their multi-family department working with clients ranging from private families to institutional capital, public funds and REITs. John has successfully overseen numerous successful real estate investment projects for clients and investors in addition to managing his own personal portfolio, and has transacted business volume upwards of $90,000,000.

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Shipping Container Apartment Building – West Edmonton

By John Carter on Friday, August 4th, 2017 in News for Alberta Landlords, Opinions and Perspectives. No Comments

If you haven’t already seen in the various news media features, Step Ahead Properties is building Edmonton’s first shipping container apartment building in the west end of Edmonton. We recently had an exclusive tour from Ladacor’s northern Alberta business development manager. Watch the video below and let us know your thoughts.

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Find out why recent CMHC policy changes are positive for multi-family borrowers

By John Carter on Saturday, April 29th, 2017 in News for Alberta Landlords. No Comments

CMHC recently introduced a series of policy changes affecting mortgage loan insurance for multi-unit residential properties (5+ units). There is a lot of new information to digest, so I want to highlight some of the key changes.

In an effort to be more pragmatic in its approach, CMHC intends that the changes will make rental and affordable housing more accessible to more Canadians. The good news is that much of the policy transformation favours borrowers including: (more…)

CMHC Rental Reports – Fall 2016 Edmonton, Alberta & Canada

By John Carter on Thursday, December 1st, 2016 in Market Reports, News for Alberta Landlords. No Comments

CMHC has released their fall rental market reports for Edmonton, Calgary, Alberta and Canada. See full reports linked below and summary of key indicators for multi-family apartment landlords below. Contact us if you have questions on how this affects your property holdings or acquisition opportunities.

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How to rent vacancies in Edmonton in 2017

By John Carter on Wednesday, November 16th, 2016 in News for Alberta Landlords, Opinions and Perspectives. No Comments

Have vacant multi-family rental properties in Edmonton? You’re not alone.

The current economic climate, combined with an oversupply of multi-family construction from starts in 2014/15 and new home construction has increased available supply and competition. It has also improved the quality of available rental stock in Edmonton’s rental housing market. CMHC forecasts an increase from 4.2% in 2015 to 7% at 2016 end and into 2017.

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John Carter
@johnwadecarter