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Edmonton

Elite buys Edmonton retail centre, apartment building

Mario Toneguzzi Commercial Transactions Edmonton 4 days ago

Elite Real Estate Group, a key player in Edmonton’s commercial real estate market, has surpassed $500 million in assets under management with two significant acquisitions — Whitemud Crossing Shopping Centre and Concord Tower apartments. 

Melcor gets Firm Capital, Telsec approval for REIT takeover bid

RENX Staff Commercial REITs Edmonton Mar. 6 2025

After publicly opposing Melcor Developments’ (MRD-T) bid to take Melcor REIT (MR-UN-T) private for the past several months, FC Private Equity Realty Mgmt. Corp. (Firm Capital) and Telsec Property Corp. have done an about-turn and agreed to support the move.

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