AGP Executive Report
Last update: 8 hours agoHousing Development: Oklahoma City’s $57 million West Haven Flats project has broken ground, bringing 132 mixed-income homes near jobs and public transit, with completion targeted for late 2028. Rental Market: Toronto asking rents fell 1.4% year over year to $2,554 in September, their lowest September level in five years; analysts expect seasonal declines to continue. Commercial Property: Lower Mainland commercial sales slipped 2.7% year over year in Q2, though transaction value rose 16.3% to $1.54 billion; office deals were a notable weak spot. Investment: Octave Holdings acquired Michigan’s 349,000-square-foot Lakeshore Marketplace in a $41.5 million deal, expanding its regional retail portfolio. Data Centers: Digital Realty is seeking community input on a proposed Kokomo campus with three buildings and roughly 2 million square feet; residents can question the company at an open house Saturday. Market Outlook: Home sellers are cutting prices as inventory approaches pre-pandemic levels, giving buyers more negotiating room amid higher mortgage rates. Global Capital: Institutional investment in Indian real estate rose 39% to $5.9 billion in January–September, according to a new report.
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