In Unique Real Estate Market, Elysium Is Ahead Of The Curve

Elysium Investments deviates from the hyper-competitive, “dog-eat-dog” nature of new development in favour of a strategy called “collective serendipity,” where sellers are treated like joint-venture partners.By now, it’s abundantly clear that the Greater Toronto Area’s new condo market is not what it once was.

“Elysium’s focus, from the very onset, was clear: purpose-built rental is the future. Unlike the condo market, where bloated planning approval timelines create fleeting arbitrage and speculative chaos, it offers permanence, utility, and reason — housing as it was meant to be.” says Hassan. At a time when many developers are scaling back, Elysium has 4,000 residential units across five projects in the pipeline in Toronto alone, for a development value close to $3 billion. The company also has several sites currently under consideration. And that’s all to say that there’s much more to Elysium’s success than a commitment to purpose-built rental.

For instance, the company is poised to be in the student housing niche, which has been chronically underserved for decades. Hassan hints at plans to bring affordable, high-quality rentals close to major post-secondary institutions.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buyer’s market emerges in Vancouver luxury real estate, says top brokerageSales over $4 million fell 13% this past summer, according to Sotheby’s
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

The Bidding War finds humour in the darkness that is Toronto's real estate marketMichael Ross Albert's The Bidding War casts Toronto's looks for the humour in Toronto's vicious housing market.
Source: CBC - 🏆 32. / 63 Read more »

U.S. election jitters lifted the Canadian luxury real estate marketA broker with Re/Max Escarpment Realty says luxury home sales perked up in October in many areas, including in cities west of Toronto
Source: globebusiness - 🏆 31. / 66 Read more »

'Positive movement' in Ottawa's real estate market in October with home sales up nearly 50%Ottawa home sales increased nearly 50 per cent in October, as 'consumer confidence is getting stronger' following a fourth cut in interest rates this year.
Source: ctvottawa - 🏆 29. / 67 Read more »

Buyer’s market emerges in Vancouver luxury real estate, says top brokerageSales over $4 million fell 13% this past summer, according to Sotheby’s
Source: PGCitizen - 🏆 65. / 51 Read more »

A guide for buyers and sellers navigating the Sault Ste. Marie real estate marketREALTOR® Kyle Scali shares key insights for a successful next move
Source: SooToday - 🏆 8. / 85 Read more »