The Trust invests in “workforce housing,” multi-family assets that cater to a community’s essential workforce. This demographic is often over-qualified for affordable housing yet is unable to afford market-rate homes. On average, essential workers make up 40% of a province’s workforce population – they can be seen as the backbone of the Canadian economy. Essential workers are respectful of their dwelling, gainfully employed, and highly likely to pay rent.
Management consistently monitors real estate and capital markets with the goal to achieve the maximum disposition proceeds from each investment. What does this strategy mean for investors? The potential for higher capital returns than normally exhibited in core and core+ real estate strategies.