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Category: Commercial

Montreal Sheraton Centre in $520M hotel portfolio acquisition

RENX Staff Commercial Transactions International Dec. 7 2021

The 825-room Montreal Sheraton Centre is among a portfolio of five North American properties to be acquired in a $520-million (all figures Can) transaction by special purpose acquisition company VM Hotel Acquisition Corp. (VMH-U-T). The properties, which are all considered

CRE opportunities, challenges in mid-sized cities

Steve McLean Commercial Strategy National Dec. 7 2021

Mid-sized Canadian cities have been among the best commercial real estate performers during the pandemic, and a Dec. 2 Real Estate Forum panel featured executives from companies focused on these markets. Larger investors and developers are now taking a closer

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