CRE market in Canada transitioned from record-low interest rates to 14-yr highs in 2023. Debt advisory is an important CRE solution for 2023, given the changes in the risk tolerance and appetite of lenders. Industrial Real Estate demand is sustained, with ↓ new supply, causing rental growth throughout 2023 and beyond. The multifamily sector is projected to perform well in 2023, driven by strong long-term fundamentals and rental demand.
Market Update