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3 investors acquire $197.5M Montreal apartment portfolio

Danny Kucharsky Residential Acquisition Greater Montreal 22 hours ago

Three private investors are spending $197.5 million to purchase the Norgate Apartments from KingSett Capital and Starlight Investments in Greater Montreal. Broker JLL calls it the biggest multifamily transaction this year in Quebec.

The real estate industry is recovering, but to what extent?

Steve McLean Commercial Investment International 21 hours ago

“We're stepping gingerly into a recovery.” That was the message from MSCI head of real estate economics Jim Costello as he opened Tuesday's Global Property Market conference  in Toronto.

Economic uncertainty? Just blame America: Benjamin Tal

Don Wilcox Commercial Economy National 1 day ago

Just blame Canada? Economist Benjamin Tal’s message to over 3,000 attendees at the Real Estate Forum in Toronto on Wednesday suggested that, when it comes to “uncertain” economic conditions we should at least in part, just blame America.

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The CRE outlook for 2025? It's a mixed bag, sector by sector

2025 outlooks for Canada's commercial and residential real estate markets remain mixed depending on asset class, geography and other factors. The insights, from the Emerging Trends in Real Estate report, were the focus of an industry panel in Toronto.

 

Steve McLean Commercial Market Trends National Nov. 29 2024

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Witherington to succeed Gori at Manulife; execs hired at BGO, Equiton

Manulife (MFC-T) president and CEO Roy Gori has announced he will retire effective May 8, 2025, to be succeeded by Phil Witherington. We also report on other senior appointments at BGO, Equiton, Regional Group and more...

 

John Dujay Commercial Executives National Dec. 1 2024

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