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'A whirlwind' week in CRE as capital gains tax changes loom

John Dujay Commercial Transactions National 2 days ago

Commercial real estate transaction activity has been brisk in recent weeks, but the overall impact of looming federal capital gains tax changes has been somewhat muted, say brokers who spoke to RENX in advance of the June 25 deadline.

Chartwell acquiring interests in 10 seniors facilities for $511M

Tyler Choi Residential Acquisition Quebec 2 days ago

Chartwell Retirement Residences (CSH-UN-T) has deals to acquire two seniors’ housing portfolios in Quebec for a total of $511 million, which will give it ownership interests over an additional 2,300 units.

Leyad acquires 2 shopping centres for $126M, more to come

Steve McLean Commercial Retail National 2 days ago

Leyad’s 2024 buying spree continued this week as the firm acquired shopping centres in Winnipeg and in Prince Albert, Sask., for a combined $126 million. And, CEO Henry Zavriyev told RENX there is more to come.

Editor's Pick

An opportunity 'you simply must grab': New Savills president

When Ruth Fischer recently announced her new job on social media, she called the move “bittersweet.” While she’s thrilled to be the new president of Savills Canada, it meant leaving CBRE after a 14-year run. 

Christine Wong Residential Brokers National Jun. 12 2024

The People Space

Fraidakis takes new role at LaSalle; hirings at Sutton, Mantella, JLL ...

Michael Fraidakis has been hired at LaSalle Investment Management as head of alternative investment strategies and chief investment officer, Canada. We also report on senior hirings at Sutton Group, Mantella, JLL, Terra Firma and more...

Christine Wong Commercial Executives National May. 29 2024

Industry Events