REALpac coalition takes on Toronto City Hall

REALpac coalition takes on Toronto city hall

REALpac and the real estate sector reacted swiftly to the news the City of Toronto faces a budget shortfall of nearly $500 million next year, forming a coalition with a singular message: don’t expect us to pay the freight again through new taxes.

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Bertone launching massive Montreal mixed-use project

Bertone Development Corporation expects to begin construction on the $500-million Quais De Lorimier mixed-use project in downtown Montreal next year. “We are creating a world-class urban environment that will provide unique experiences in a prime location close to downtown and popular tourist attractions,” said Bertone co-founder Michael Bertone.

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Parkbridge No. 1 owner of land lease communities

Though perhaps somewhat overlooked in mainstream real estate circles, Parkbridge Lifestyle Communities continues to grow and solidify its position as Canada’s leading owner, operator and developer of residential land lease communities, recreational resorts and marinas.

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London City Centre sustainability earns praise

The millions of dollars being put into the London City Centre twin towers in London, Ont., is paying off in both cost-savings and recognition.  “I’ve been here for five-and-a-half years and all we’ve been doing is technological migration from the 20th century to the 21st century,” said property manager Kurt Bromhall.

Sustainable Biz Canada

AY’s Erixon sees bright future for Canada

Just what the future holds for Canada and real estate was the subject of a presentation at the recent Land and Development Conference in Toronto by Avison Young’s managing director of investments, Amy Erixon.

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The rush to build on spec in B.C.

Chris MacCauley has been a commercial real estate broker in Vancouver for over a decade. I sat down with him recently to chat with him about the big picture, market conditions and the future of CRE in Vancouver.

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Alberta: From state of emergency to back to business

Over the last few weeks, Alberta residents have been wondering what happens next. It’s been reported that insurance companies will be doling out $5-9 billion dollars – one of the most costly disasters in Canadian history. If you are a small business or property owner, here’s a few things to keep in mind when looking ahead at effective risk management.

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My conflict of interest confession

Recently, I unexpectedly found myself in a situation, taking an action as a real estate broker that clearly placed me in a conflict of interest.

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Six months ago: Allied Properties mixed-use focus drives JVs

Five years ago, Allied Properties REIT discovered a winning formula – forming joint ventures with other real estate companies. “What we realized was that we had so much opportunity inherent in our existing portfolio that the best way to take advantage of it . . . was to collaborate with other best-in-class organizations,” explained Michael Emory, president/CEO of the Toronto-based company (AP.UN-T). 

Property Biz Canada

One year ago: John Hancock acquires 40-storey Chicago office tower

John Hancock, the American division of Canada’s Manulife Financial Corporation, has acquired a 40-storey, class-A Chicago office tower from Harbor Group International, LLC for an undisclosed price. “One South Wacker represents the type of high-quality assets we acquire in key gateway markets where we do business,” said Manulife’s Kevin Adolphe.

Property Biz Canada

	REITs & REOCs – First-quarter 2016 report
	RENX has prepared a table with a convenient list of the companies and a summary of links to their reports that will be updated quarterly. First-quarter results are now arriving. Canadian REITs & REOCs – First-quarter 2016 report

 

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