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Greater Montreal

Lachance, Fonds invest $55M, convert Montreal office to apartments

Danny Kucharsky Residential Apartments Greater Montreal Feb. 16 2023

Lachance Immobilier and the Fonds immobilier de solidarité FTQ have invested $55 million to convert a former 10-storey office building into a 142-unit, upscale residential rental property on Montreal’s Nuns’ Island.

Mach buys, plans to refurbish InterContinental Montreal hotel

Danny Kucharsky Commercial Transactions Greater Montreal Feb. 7 2023

Groupe Mach has invested about $80 million to purchase the 357-room InterContinental Montreal Hotel in Old Montreal, and plans $20 to $25 million to refurbish the property during the next 24 to 30 months.

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