Rentals

Boomers Flock to Rentals...

Feb 1, 2016

Boomers Flock to Rentals, Putting Even More Pressure on the Market

Young Americans could be facing some fierce competition in the rental housing market — their grandparents.

A growing number of older Americans are writing rent checks for their housing these days. In fact, the number of renters ages 50 and over increased by a staggering 50 percent between 2005 (10 million) and 2015 (15 million), according to a recent rental housing report from Harvard University’s Joint Center for Housing Studies.

Solstice 1 student move-in on schedule

May 20, 2015

GUELPH — The first move-in day for HIP Developments' Solstice 1 student housing complex on Gordon Street proceeded on schedule, company president Scott Higgins said.

HIP begins construction on Solstice 2 in Guelph’s south end

Apr 28, 2015

GUELPH — It didn't take long for HIP Developments to clear the land and get started on its second student housing complex in Guelph.

With the company's first building, Solstice 1, looming large about one block down the street, construction on Solstice 2 has begun on the same stretch of Gordon Street. The company has plans for a third building.

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