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Category: Residential

CAPREIT buys out 8 more GTA multifamily operating leases

Don Wilcox Residential Transactions Toronto / GTA Jun. 4 2020

Canadian Apartment Properties Real Estate Investment Trust (CAR-UN-T) is spending $123 million to prepay the buyouts of its operating leases for eight multifamily properties in Toronto.  The REIT had previously announced the buyouts of three operating leases, and on Wednesday

Dutch firms plan 87-storey downtown Toronto high-rise

Don Wilcox Residential Development Toronto / GTA Jun. 3 2020

Dutch developers Kroonenberg Groep and ProWinko are proposing an 87-storey, mixed-use high-rise which would tower over the downtown Toronto intersection of Bay and Bloor Streets. If approved and built as proposed, it would be Canada’s tallest building. The companies have

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