Kingridge Square JV a first for Fortress

Kingridge Square JV a first for Fortress

Kingridge Square, which started as a planned high-rise apartment development, has morphed into Fortress Real Developments Inc.’s first foray into the commercial condominium market. Fortress and Kingridge Developments are partners at the site in Oakville, Ont. The 4.95-acre property includes four buildings with unit sizes ranging from approximately 1,000 to 1,600 square feet.

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High hopes in High River: Alberta town on rebound

The scenic town of High River at the foot of the Rocky Mountains has seen its share of floods. The Highwood River which runs through it has spilled its banks more than a dozen times over the last 100-plus years. But it was the most recent flood in 2013 — the devastating deluge that brought High River to national attention — that threatened the Alberta town’s very existence.

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Vancouver’s Western Wealth Capital hot on Sun Belt

While Metro Vancouver is home for Janet LePage, the region doesn’t have the right ingredients for Western Wealth Capital’s (WWC) property investment formula. “Vancouver is a really funny city, in that . . . the economic fundamentals don’t follow traditional (property) investing,” LePage, WWC’s co-founder and CEO, told RENX in an interview.

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A sneak peek at the Toronto of the Future

It was not hard for a visitor to pick out the star of the Toronto of the Future real estate display gracing the city’s Metro Hall. It’s the huge, 3D scale model of the city, complete with familiar landmarks such as the CN Tower and bank buildings, new-built towers and ambitious skyscrapers still in development.

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BOMA to offer Fitwel certification in Canada

Commercial buildings in Canada will likely soon have healthier workforces, thanks to a strategic partnership between BOMA Canada’s BOMA Best certification program and the new Fitwel health-promoting building certification. Launched in February by the U.S.-based Center for Active Design, the Fitwel certification measures a number of evidence-based criteria in buildings to rate their effectiveness in promoting health.  

Sustainable Biz

Pros and cons of the Airbnb experience

There are a number of pros and cons when it comes to an Airbnb experience. Having just used one in Toronto this month, here’s my personal experience. Would I recommend it? Sure, I like a deal and I’m willing to try something a little riskier than cookie cutter hotels. But be prepared, there are a few trade-offs.

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Six months ago: Still room, optimism for growth in suburbs

“The death of the suburbs is an untruth in the Canadian marketplace,” said Crombie REIT president and chief executive officer Don Clow early in a panel dubbed “The Facts and Fallacies About the Suburbs” at the Toronto Real Estate Forum in December.

Still room and optimism for growth in suburbs

One year ago: Cranson Capital’s Toronto condo REIT

The Toronto apartment rental market is hot but with little new product, existing building stock expensive and often locked up by long-term investors, it’s a tough play to get into. Cranson Capital believes it has hit on a winning way for investors to benefit from the rental market by buying newly built condos at a discount from condo developers.

Property Biz Canada

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