LocationsRecent Articles
Anthem's Metrotown tower launches into ‘different’ Vancouver market
Anthem's Vancouver tower launches into ‘different’ market
A towering mixed-use project in the heart of Burnaby's Metrotown has launched sales amid what its developer calls a "different market" when compared to the pre-sale frenzies of years past in the Lower Mainland.
Ont. cancels controversial $8.28B Greenbelt land swap
Ontario Premier Doug Ford said he will be reversing his government’s decision to open up the Greenbelt to developers, calling the controversial land removals a “mistake.” Ford made the announcement Thursday afternoon after meeting with his caucus at a retreat.
Genesis acquires 460 acres in Calgary for $25.8M
Genesis Land Development Corp. (GDC-T) has entered into a binding agreement to acquire 460 acres of future residential development land located in the southeast sector of the City of Calgary for $25.8 million.
Glen proposes 29-storey mixed-use in midtown Toronto
Glen Corporation, with a design by Turner Fleischer Architects, has proposed a 29-storey mixed-use tower at 2079 through 2111 Yonge St. in Toronto's midtown. The tower would house 486 residential units and 17,986 square feet of retail space.
357-unit NOVIA mixed-use inaugurated in Quebec
LSR GesDev and Fonds immobilier de solidarité FTQ's NOVIA was inaugurated in Longueuil, Que., Wednesday. NOVIA offers studios, 3½, 4½, 5½ and 6½ apartments, two-storey townhomes and over 28,000 square feet of commercial and office space.
Minto milestone: Firm celebrates 100,000th home closing
Respect, consistency and a willingness to diversify are the values underpinning Minto Group’s longevity as it closes its 100,000th housing unit and plans for its 200,000th closing, two executives told RENX Homes.
Nearly 15,000 affordable rentals ‘stuck’ in pipeline: HousingTO
Many purpose-built rental homes are “stuck” in the pipeline, including almost 15,000 affordable and deeply affordable ones, because of a lack of federal and provincial grants and low-cost financing, according to Toronto’s new HousingTO action plan annual progress update.
BC Tree Fruits lists 18.4-acre industrial property for $39M
BC Tree Fruit Co-operative recently listed an assembly of three industrial lots at 3334-3345 Sexsmith Rd. near Kelowna International Airport. The property includes 148,888 square feet of controlled atmosphere and cold storage space as well as offices.
ABB giving $16M facelift to Montreal manufacturing facility
ABB is investing $16 million in its Installation Products Division manufacturing facility in Pointe-Claire in Montreal's West Island. The expansion will create over 40 full-time jobs in the upgraded 65,000 square foot facility.
Growth in Alberta gambling revenues drives fresh investment
The former Cambridge Hotel and Conference Centre in Red Deer reopened Sept. 8 as the 241-room Red Deer Resort and Casino, marking yet another investment in the province’s casino sector this year.
CAGBC panel outlines the path to grid-friendly electrification
Distributed energy resources can aid the journey to grid-friendly, clean electrification, according to participants in a Canada Green Building Council (CAGBC) webinar. Distributed energy resources refer to non-grid power sources which can be connected to the grid if necessary.
Morguard welcomes Ferragamo to The Colonnade
Morguard Corporation (MRC-T) welcomes Ferragamo, one of the most acclaimed brands in the luxury industry, to The Colonnade at 131 Bloor St. W. in Toronto's Bloor-Yorkville neighbourhood. The new Ferragamo store in Canada's first mixed-use building spans 5,305 square feet.
Turkish chain MADO coming to CF Shops at Don Mills
CF Shops at Don Mills is welcoming MADO, a popular Turkish cafe chain, set to celebrate the grand opening of its third location in Canada at CF Shops at Don Mills on Sept. 22.
One of Canada's oldest cinemas reopening in Alta.
The credits have not yet rolled on the tale of iconic 112-year-old Monarch Theatre in Medicine Hat, Alta. After a turbulent few years when its future seemed uncertain, the landmark in the city's historic downtown has new owners.
Real estate podcasts
Mike Holden, Business Council of Alberta: Canada must build faster to reach climate goals, Down to Business
Brett Miller, Canderel: Embracing the future of work and experience, Tenant Experience Network
Chris Alexander, RE/MAX Canada: Housing market gets relief with Bank of Canada hold, Down to Business
Chicago investor bets on O’Hare office property
A group led by investor Gene Staples bought the distressed 302,000-square-foot International Tower office building near Chicago O'Hare International Airport for less than $30 million, bucking industry trends that have seen most desperately looking to shed office assets.
Apollo’s Zelter sees opportunity in CRE lending
Commercial real estate values are plunging and many borrowers are struggling, but Apollo Global Management Inc. co-president James Zelter sees an opportunity in the downturn. The firm has already done big deals in Europe this year.
As lending options dry up, CRE players turn to ‘dequity’
One term gaining popularity in the the U.S. commercial real estate industry is “dequity,” an ambiguously defined mix between debt and equity that developers are increasingly using to fill holes in their capital stacks.
Prefabrication to survive zombie building apocalypse
According to a Boston Consulting Group study titled Countering the Curse of the Zombie Buildings, 1.5 billion square feet of office space in the United States is at risk of becoming obsolete and vacant this decade.
Industry Events
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Canada Real Estate Auction
Oct 22 2024
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Calgary Real Estate Forum
Oct 29 2024
Calgary TELUS Convention Centre
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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