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Firm Capital eyes Delavaco as springboard to U.S.
Firm Capital eyes Delavaco as springboard to U.S.
Real estate and financial services private equity company Firm Capital is setting its sights southward as part of its “workout” of Delavaco Residential Properties Corp., a U.S.-based, Toronto-listed, property developer.
Kim Saunders first Canadian BOMA Fellow
Newfoundland and Labrador’s Kim Saunders is the first non-American to be named a BOMA Fellow by Building Owners and Managers Association (BOMA) International. Saunders was honoured for displaying exemplary and sustained contributions to the commercial real estate industry, her profession, her community and BOMA at all levels, and for having continually answered the call to leadership and service throughout her career.
Ottawa’s Emerald Plaza has a new owner
Ottawa’s mixed-use Emerald Plaza has changed hands for $26.1 million through the assistance of Primecorp Commercial Realty Inc. “The seller is moving towards residential rather than commercial and the buyer is a private company that owns quite a bit of real estate in the city,” said Aaida Oakley, who brokered the transaction between the two private companies with the assistance of Johanna Oakley.
Condo a growing share of GTA rental stock
The number of condominium apartment rental transactions reported through the Toronto Real Estate Board’s MLS system in the first quarter of this year was 6.5 per cent higher than the same period in 2015.
Saskatoon approves growth plan to half a million
After much consultation with the public and their own administration, the City of Saskatoon approved its official Growth Plan to Half a Million last week during a regularly scheduled council meeting.
What Ontario government says about FinTech
More than 440 participants attended the 2016 Canadian Crowdfunding Summit (CCS2016) at MaRS Discovery on March 3. The incredible event brought together a diverse crowd of companies, investors, providers, industry experts and leaders in the crowdfunding, financial technology (FinTech) and alternative finance (AltFi) sectors.
The nay-sayers are noted
While there are plenty of legitimate and respected sources that point to the current and continuing movement of Boomers to Multi-Family Homes (MFH) in denser, more urban locations, there are others that disagree.
Six months ago: Morguard ‘stabilizing’ shareholder for Temple: CEO
For the past few months, Morguard Corp. (MRC-T) has been on something of a buying spree, scooping up shares of embattled Temple Hotels Inc. In its latest announcement, the Mississauga, Ont.-based real estate giant said it acquired 18.3 million common shares for $20 million, raising its stake in the company, to a total of 24.4% of Temple’s issued and outstanding common shares.
One year ago: Renewed growth for Nobel REIT
Nobel REIT’s (NEL.UN-X) initial growth didn’t occur as planned but, after acquiring six properties in 2014 and announcing two more so far this year, things are back on track for the Quebec-based real estate investment trust. “Our goal this year is to bring the portfolio close to $200 million in value,” said president and chief executive officer Jean Teasdale.
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| Property Biz Canada, April 28, 2016 |
| GM buys TO site for Mobility Campus Property Biz Canada, April 28, 2016 |
| Fengate creates Oakville office-industrial node Property Biz Canada, April 28, 2016 |
| NAIOP Greater Toronto chapter gives out REX Awards Property Biz Canada, April 28, 2016 |
| Toronto North and East office markets holding steady Property Biz Canada, April 28, 2016 |
| Morguard sustainability report shows increased efficiency Property Biz Canada, April 28, 2016 |
| One year ago: U.S. apartment market not like Canada’s: RealPage Property Biz Canada, April 28, 2016 |
| Six months ago: Broccolini takes on greater real estate role Property Biz Canada, April 28, 2016 |
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REITs & REOCs – First-quarter 2016 report |
| RENX has prepared a table with a convenient list of the companies and a summary of links to their reports that will be updated quarterly. First-quarter results are now arriving. |
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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Mar 11 2025
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Palais des Festivals, Cannes, France
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