by Carolina Ruiz | Sep 2, 2024 | Blog
The Province of British Columbia recently announced a maximum allowable rent increase of 3.0% for 2025, directly tying it to inflation rates.
by Carolina Ruiz | Jul 25, 2024 | Blog
In a significant move to manage inflation and bolster economic growth, the Bank of Canada has once again reduced its policy interest rate. This latest cut of 25 basis points brings the overnight rate down to 4.5%, a level not seen since June 2023. This follows a...
by Carolina Ruiz | Jul 15, 2024 | Blog, Strategy Tips
The average asking rent in Canada reached $2,185 in June, reflecting a 7% increase compared to a year ago. Although significant, this growth represents the slowest annual rate in 13 months, as reported by Urbanation and Rentals.ca. Let’s dive into the details...
by Shae | Jul 29, 2021 | Income Fund News, Press Release
Chilliwack, BC, Canada (August 3, 2021) – Westbow Capital Income Fund (“Westbow Capital”), a privately held real estate trust, is pleased to announce a $14,475,000 acquisition in Red Deer, Alberta. About The PropertyThe Red Deer Property is a 133 unit, 4-story...
by Shae | May 20, 2021 | Income Fund News, Press Release
Press Release: Westbow Capital Acquisition of Saskatoon Property Comments Chilliwack, BC, Canada (July 1, 2020) – Westbow Capital Income Fund (“Westbow Capital”), a privately held real estate trust, is pleased to announce a $34,000,000 acquisition in...
by Shae | May 20, 2021 | Blog, Strategy Tips
Capital Preservation through the Impacts of COVID-19 Comments The global economic crisis caused by the COVID-19 pandemic has been dramatic and rapid. As governments figure out ways control the spread of the virus, flattening the growth curve of the virus has also...
by Shae | May 20, 2021 | Blog
The changing landscape of public and private investing- how residential Real Estate Investing is staying strong. Comments Real estate investing is changing the landscape of public and private residential Real Estate. Why multi-family real estate is staying strong....
by Shae | May 20, 2021 | Income Fund News, Press Release
Press Release: Westbow Capital Acquisition of Winnipeg Properties Comments Chilliwack, BC, Canada (March 10, 2020) – Westbow Capital Income Fund (“Westbow Capital”), a privately held real estate trust, is pleased to announce the acquisition of a group of five...
by Shae | May 20, 2021 | Income Fund News, Press Release
One Year at Westbow Capital Comments One year ago, Westbow Capital was launched in January 2019. Looking back at the last year, Westbow Capital has seen amazing growth and progress. Westbow’s History Westbow Capital is part of the Westbow Group of Companies. Founded...
by Shae | May 20, 2021 | Income Fund News
Press Release: SunRidge Acquisition Comments Chilliwack, BC, Canada (September 17, 2019) – Westbow Capital Income Fund (“Westbow Capital”), a privately held real estate trust, is pleased to announce the acquisition of SunRidge, a community of 9 homes in...