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    <loc>https://www.vanplex.ca/blog/kelowna-14656-lots-multiplex-eligibility-data-2026</loc>
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        <news:name>VanPlex</news:name>
        <news:language>en</news:language>
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      <news:publication_date>2026-04-11T12:00:00.000Z</news:publication_date>
      <news:title>One in Four Kelowna Multiplex Lots Loses Money -- We Ran 11,606 Pro Formas to Prove It</news:title>
      <news:keywords>Market Analysis, Kelowna multiplex viability, Kelowna MF1 zoning, Kelowna SSMUH lots, Kelowna multiplex economics, Kelowna land values, Kelowna improvement ratio, Bill 44 Kelowna reality, Kelowna pro forma, Bylaw 12375 Kelowna</news:keywords>
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  <url>
    <loc>https://www.vanplex.ca/blog/lease-up-risk-small-multiplex-2026</loc>
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      <news:publication>
        <news:name>VanPlex</news:name>
        <news:language>en</news:language>
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      <news:publication_date>2026-04-10T12:00:00.000Z</news:publication_date>
      <news:title>Lease-Up Risk on a Small Multiplex: Why One Empty Unit Hurts</news:title>
      <news:keywords>Risk Management, multiplex lease-up risk, small building vacancy DSCR, CMHC covenant breach vacancy, BTR vacancy risk Vancouver, multiplex lease-up timing, 6 unit building vacancy math</news:keywords>
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