In recent months, hardly a week has gone by without Wes Myles getting approached by a condo developer who wants to cash out of a project.&nbsp;<s></s>

Private equity firms are purchasing an increasing number of cancelled condo projects and transforming them into purpose-built rentals{ai:summary}Recently, Wes Myles has been approached nearly every week by condo developers seeking to cash out of a project. The regular pressure points to active market interest in monetizing the venture #economy

Housing: “An enormous number of conversions”

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