Affordable housing, and government partnerships
The US and Canada are both grappling with chronic housing shortages, brought about through a combination of underinvestment, regulatory challenges, and rising inflation. Fengate Asset Management is looking to help address affordability concerns through its retail estate division.
The US and Canada are both facing chronic housing shortages due to underinvestment, regulatory challenges, and rising inflation. Fengate Asset Management, through its retail estate division, aims to address affordability concerns. In a recent discussion, Jaime McKenna, president of Fengate Real Estate, highlighted the investment opportunity in housing, the importance of government partnerships in delivering affordability, and the differences between the Canadian and American housing experiences.
The conversation also touched on building market-level housing in the US, navigating planning regimes and timescales, and the appeal of the US market, as well as Fengate's specific investments in Chicago and the potential of mixed-use facilities.
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