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Medallion's SOHOSQ brings 588 apts. to former London hospital site
SOHOSQ brings 588 apts. to former London hospital site
SOHOSQ, a key element of London's redevelopment plans for a former hospital site, is nearing completion with occupancy of its 588 apartments expected to begin in January. The 391 South St. project is being led by Medallion Corp.
Hamilton pushes on with large slate of developments: Part II
As the City of Hamilton moves ahead with preparations for its long-awaited multi-billion-dollar light rail transit line, it continues to promote incentives for development, both in its downtown core and across the municipality.
Windsor's downtown office vacancy rate at 41.6%
With the highest rate of empty downtown office space in Canada - 41.6 per cent - the scale of the challenge facing the City of Windsor in executing its Strengthen the Core strategy is as tall as the vacant buildings.
CDPQ JV provides $1.1B financing to Vantage Data Centers
CDPQ, Ares Management's Infrastructure Debt and Alternative Credit strategies and Schroders Capital's Private Debt and Credit Alternatives team are providing up to $1.1 billion Cdn in financing to Vantage Data Centers to expand its EMEA platform.
Aviation innovation zone coming to Montreal region
Boeing will be front and centre as $300 million in private investments will be announced for the takeoff of a new innovation zone in the Montreal region on Tuesday. The announcement will include a new development centre.
StorageVault completes purchase of two assets for $43M
StorageVault Canada Inc. (SVI-T) announced it has completed the acquisition of two storage locations, located in Vaughan and Saskatoon, from two arm’s-length vendor groups, for an aggregate price of $43 million.
 | First National Financial LP Jeremy Wedgbury’s spring market and business updateThe first quarter of 2024 was the most active opening period in First National’s history as a commercial lender. Sponsored by: First National Financial LP |
Halifax apts. provide income growth for Killam, CAPREIT
Killam Apartment REIT (KMP-UN-T) reported about $15.24 million in net operating income for its Halifax apartments in Q1 — a year-over-year increase of nearly 12%. Meanwhile, CAPREIT (CAR-UN-T) reported a nearly 14% increase to about $9.26 million.
Toronto builds the ‘missing middle’ in a parking lot
They are like the unicorns of Toronto housing: small-scale apartment buildings with a few dozen units that could fit effortlessly into low-rise neighbourhoods. Some housing advocates have argued for years that these rental buildings can help ease the housing crunch.
DiamondCorp proposes 56-storey Yonge Street condo tower
A proposal from developer DiamondCorp seeks to bring a 56-storey condominium tower to 2346 Yonge St. The CGL Architects-designed tower would include 407 condominium units and over 2,930 square feet of ground-floor retail space.
Skale proposes 40-storey mixed-use in North York Centre
Skale Developments proposes a 40-storey mixed-use tower at 4696 Yonge St. in Toronto's North York Centre area. The Turner Fleischer Architects-designed tower would include 536 condos and 7,739 square feet of ground-floor retail.
CF unveils restored 2 Queen Street West
After six years of restoration, Cadillac Fairview has unveiled 2 Queen Street West, a Toronto landmark built in 1885. Work continues on the building and a modern three-storey addition constructed above, soon to be reintegrated into the surrounding Eaton Centre.
Ottawa council bucks feds, hikes development charges
Ottawa city council has approved an increase of between 11 and 12 per cent in development charges despite a warning the city will lose a shot at its share of the federal government's $6-billion infrastructure fund.
Developer sues Kelowna over 'no-build' covenants
Local developer Watermark Developments Ltd. is taking the City of Kelowna to BC Supreme Court court in an attempt to remove a set of “no-build” covenants on properties at 395-425 Academy Way.
TikTok: CRE's hidden deal-maker
It was 2020, and Denver-based commercial real estate broker Aviva Sonenreich had no deal flow. She turned to TikTok, thinking she could learn the app and carve out a niche by posting videos under the #commercialrealestate tag. She was right.
D.C. Waldorf Astoria scheduled for foreclosure auction
The Waldorf Astoria, one of D.C.’s most iconic buildings and just blocks from the White House, could be sold at a foreclosure auction next month.
NYCB to sell $5B mortgage warehouse loan portfolio
New York Community Bancorp is selling about $5B in mortgage warehouse loans - lines of credit given to lenders who can use that money to give out mortgages - to JPMorgan Chase as it looks to get back on firmer footing.
JLL enhances data centre capabilities with acquisition
As data centre demand continues to surge, JLL (JLL-N) has reached an agreement to acquire SKAE Power Solutions, a New York-based provider of data centre technical and project management services.
Tishman Speyer to develop its first data centre
Tishman Speyer announced it has reached an agreement to buy an 18.5-acre site in Frankfurt, where it plans to build a data centre. The plan is the firm’s first foray into data centres and its first European industrial project.
Industry Events
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Quebec City Real Estate Forum
Oct 16 2024
Quebec City Convention Centre
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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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