Six builders to develop Phase 1 of GTA’s Lakeview Village

RENX  Residential  •  Office, Retail, Apartments, Condominiums  •  Toronto / GTA

Lakeview Community Partners has announced the six builders which will construct phasse one of the 177-acre Lakeview Village development along Lake Ontario in Mississauga. Branthaven, Caivan, Greenpark Group, DECO Homes, Opus Homes and Tridel will begin transforming the site.

Health, wellness firms moving into street-front retail sites

RENX  Commercial  •  Office, Retail  •  National, Metro Vancouver, Toronto / GTA

Social media exposure and a desire for higher visibility are prompting some health and wellness service providers to move from offices to urban street-front retail locations, according to Toronto-based CBRE broker and urban retail team vice-president Jackson Turner.

Does pandemic offer chance to revitalize Main Streets?

Commercial  •  Globe and Mail  •  Ottawa Citizen  •  Ottawa Citizen

Even before the pandemic, main streets faced challenges, but with the economy opening up, some experts are saying the tough lessons learned in the past two years may be just what was needed to start up a main street revival.

Media studios take centre stage in hybrid offices

Commercial  •  Globe and Mail

Gensler’s Annie Bergeron says meeting remotely and still feeling as though the meeting is in person is “one of the good things that can come out of COVID,” adding broadcasting studios should try to provide a better experience.

Hotel sector rebounding: Choice Hotels Canada

Commercial  •  Globe and Mail

As the travel and hospitality sector slowly shakes off the pandemic, investors and developers are keeping a keen eye on hotel properties across North America and Brian Leon, president of Choice Hotels Canada, likes what he sees on the horizon.

Sponsored by Trez Capital Commercial real estate trends show opportunity

Many industries struggled with the uncertainty of the last few years. The pandemic and aftermath impacted all commercial real estate asset classes, but has also shown that innovative solutions in the market have made way for opportunities.

Public hearing for Seacliff’s Nanaimo mixed-use project

Residential, Commercial  •  Victoria Times Colonist

Plans for the largest undeveloped parcel of land in Nanaimo are heading to a public hearing in January. Vancouver-based Seacliff Properties wants to build a mixed-use, master-planned community with up to 2,200 homes in addition to industrial on the 726-acre site.

Developers act to find best proptech solutions: Panel

Residential, Commercial  •  Daily Commercial News

Construction sector stakeholders are hustling to attract top tech-savvy talent and make strategic investments in proptech as they strive to stay a step ahead of their rivals in the increasingly important smart-buildings sector, according to the IoT PropTech Summit.

B.C. solicits firms to rebuild flood-hit highways

Commercial  •  Vancouver Sun

British Columbia has begun soliciting companies to help rebuild highways ravaged by one of the worst floods on record in the Western Canadian province even as impending storms threaten to hinder recovery efforts.

Real Estate with Howard Drukarsh › Podcast: NAR CEO Bob Goldberg with host Howard Drukarsh

Howard Drukarsh: Host, Real Estate with Howard Drukarsh

Walmart to buy Foodmaestro, enhance online offering

Commercial  •  Canada Newswire  •  Business Wire

Walmart Canada (WMT-N) announced plans to acquire Foodmaestro, a Toronto-based digital start-up that will offer customers more choice, transparency and personalized content when they shop online. The platform delivers transparency and digital experiences for customers focused on health and diet.

Houses of faith for the Space Age

Residential  •  Globe and Mail (Sub. required)  •  Globe and Mail

A solid example of modernist religious architecture is the Beth Jacob Synagogue in Hamilton’s Kirkendall neighbourhood, which was built in 1953 and sports an accordion-shaped wall on the eastern portion of its buff brick façade. It was listed last week for $1.

Manulife US REIT acquires three properties for $258M

Commercial  •  Business Times  •  IPE Real Assets  •  Straits Times

Manulife US REIT said on Tuesday it will acquire three properties for $258 million Cdn. The purchase comprises Diablo Technology Park in Tempe, Ariz., Park Place in Chandler, Ariz; and Tanasbourne Commerce Center in Hillsboro, Ore.

Manulife raises $5.96B for second U.S. infra fund

Commercial  •  Canada Newswire  •  IPE Real Assets

Manulife Investment Management announced today the closing of Manulife Infrastructure Fund II, a Cdn$5.96 billion private fund pool with committed capital from 29 limited partners and Manulife’s general account. MIF II will make equity investments in core and core-plus infrastructure assets.

Savills, SRS Real Estate Partners form strategic alliance

Commercial  •  Canada Newswire

Savills announced it has formed a strategic alliance with SRS Real Estate Partners, supplementing its existing North American retail capabilities and enhancing its ability to provide seamless, high-calibre advisory services to retail occupiers, investors and owners worldwide.

Airbnb hosts Xinjiang rentals on sanctioned land

Residential  •  Axios

Airbnb has more than a dozen homes available for rent in China’s Xinjiang region on land owned by an organization sanctioned by the U.S. government for complicity in genocide and forced labour, an Axios investigation has found.

Condo owners face growing insurance bills

Residential  •  Globe and Mail (Sub. required)

Canadian condo unit owners could be on the hook to pay for damages to common areas as condo boards try to limit the cost of surging insurance premiums by increasing the deductibles on policies – sometimes raising them to $150,000 from $10,000 currently.

Should non-resident landowners pay additional taxes in N.S.?

Residential  •  Halifax Examiner: Part III  •  Halifax Examiner: Part II  •  Halifax Examiner: Part I

SERIES: The question of whether those who own land, reside and pay taxes in Nova Scotia should pay lower property taxes than those who do not has been debated, discussed, and disagreed on since the 1960s.

Ottawa home inspectors burnt by hot housing market

Residential  •  CBC

Ottawa home inspectors have been hit hard by a serious loss of work in the hot housing market as many people submit offers on properties without conditions, including inspections. Mike White has seen his HomePro Inspections business sliced in half.

RESCON praises Throne Speech recognition of housing

Residential  •  Daily Commercial News

The Residential Construction Council of Ontario (RESCON) has released a statement saying it is pleased that housing, immigration and stability of the supply chain would be federal government priorities as indicated in the Nov. 23 federal throne speech.