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Alberta

Crestpoint expands Alberta portfolio, buys 3 shopping centres

Mario Toneguzzi Commercial Transactions Alberta Aug. 21 2024

Toronto-based Crestpoint Real Estate Investments, in partnership with the Trinity Retail Fund, has expanded its Alberta portfolio in the past few months by acquiring three retail properties. The investments also pushed Crestpoint’s AUM past the $10-billion mark.

 

Western apartment developers face a whole new paradigm

Don Wilcox Residential Apartments Alberta May. 8 2024

Unprecedented population growth, persistent higher interest rates and elevated housing prices across much of Canada are creating a unique set of challenges for the Western Canadian apartment development industry, according to ATB Financial chief economist Mark Parsons.

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