Greater Toronto Area developers are in no hurry to launch new condominium projects in a rising interest rate environment, owing to higher carrying costs and construction loans, a panel audience heard on Jan. 25 at the EY Tower in Toronto.
Alexander D’Orazio and Andrew Iacobelli launched Brixen Developments in the summer of 2019 and, although the company is relatively young, the co-founders brought substantial experience to the partnership.
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