Private sector steps in to help postsecondary students struggling to find housing
As postsecondary students face another fall housing scramble, some companies in the private sector are offering their own solutions to the crisis.
One of the most aggressive movers is Alignvest Student Housing Real Estate Investment Trust, which started six years ago and now owns 7,100 student housing beds across Canada. The company spent more than $384-million in the first half of 2024 buying additional units. That was before it purchased a newly built 18-storey student housing project in Montreal called The Link for an undisclosed sum.
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