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Category: Commercial

Hines buys 17-storey downtown Calgary office tower out of receivership

Steve McLean Commercial Acquisition Calgary 19 hours ago

Hines has acquired Life Plaza, located in downtown Calgary at 734 7th Ave. S., with Timbercreek Financial continuing as a strategic lending partner. Life Plaza was previously owned by Toronto-based Slate Asset Management but was placed under receivership in June.

Slate Grocery REIT suspends distributions amid strategic review

Tania Theriault Commercial Slate Grocery International 20 hours ago

Slate Grocery REIT (SGR-UN-T) announced Wednesday evening that it is suspending its distributions following a recommendation of the special committee undertaking a strategic review of the REIT.

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