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Starlight, CIBC partner on $750M in apartment acquisitions

Don Wilcox Residential Apartments National 7 hours ago

Starlight Investments announced it will acquire $750-million of purpose-built rental apartments through a new vehicle called the Starlight Canadian Core Multi-Family Fund, in partnership with funds managed by CIBC Asset Management.

A 'storm' is coming: How Mondev survived a potential financial crisis

Danny Kucharsky Commercial Developers Greater Montreal 7 hours ago

Being transparent with its banker likely helped save Mondev and other real estate firms from going under when construction costs and interest rates soared in 2022, admits Mondev founder David Owen.

Sienna to buy Credit River seniors residence in Mississauga

RENX Staff Residential Transactions Toronto / GTA 8 hours ago

Sienna Senior Living (SIA-T) has an agreement to acquire the Credit River Retirement Residence in the Greater Toronto Area (GTA) city of Mississauga for $60.2 million, the firm announced Monday.

 

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Primaris REIT (PMZ-UN-T) began planning for the bankruptcy of Hudson’s Bay Company (HBC) three years ago, and that advance strategizing should enable it to reap quicker rewards now that Canada’s oldest retailer has gone down.

Steve McLean Commercial Retail National Jun. 16 2025

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