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Anthem, BGO form first JV to develop Coquitlam apartments
Anthem, BGO form first JV to develop Coquitlam apartments
The appetite to develop purpose-built rental projects in the Lower Mainland continues to stay strong with Anthem Properties and BGO announcing a partnership to build a new rental building in Coquitlam.
Automotive Properties buys 7 properties, ups distributions
Automotive Properties REIT (APR-UN-T) is acquiring seven automotive dealership and collision centre properties, in Greater Montreal and in Orlando, Fla., for a total of $93.5 million, the trust announced today in its Q2 financial report.
RECO shuts down iPro Realty for financial mismanagement
Ontario’s real estate regulator has taken control of one of the province’s largest brokerage firms and is shutting down its operations, alleging it discovered cash shortfalls of more than $10M in the firm’s consumer deposit and commission trust accounts.
Ontario ordering public servants back into office full time
The Ontario provincial government is ordering public servants to work from the office four days a week starting this fall and then full-time in January. It's a change from a three-day policy that has been in place since April 2022.
Fort McMurray Wood Buffalo sees major retail growth
Fort McMurray Wood Buffalo, a region traditionally tied to Canada’s energy industry, is entering a new phase of development with retail at the forefront. Strategic planning, strong consumer demand and proactive investment attraction efforts are delivering significant community wins.
Hotel tower proposed near future Oak-VGH SkyTrain station
A new hotel is proposed near the intersection of Laurel Street and West Broadway in Vancouver. The proposal from Value Property Group calls for a 16-storey tower at 888 West 8th Ave. with 100 per cent hotel uses.
Urban Barn celebrates Atlantic Canada debut in Dartmouth
Urban Barn, a Canadian-owned furniture and décor retailer, has opened its first location in Atlantic Canada. The new store is located at The Village Shops at Dartmouth Crossing and builds the Vancouver-based company's profile to 54 stores.
Investor confidence in multi-suite, commercial remains firm
Investor confidence in Canada’s multi-suite residential and commercial real estate markets held firm in Q2, buoyed by strong demand, stable fundamentals and resilience in key asset classes, according to Morguard Corporation’s latest market update.
mddl helps homeowners become middle housing developers
Equipping communities and developers with the tools and know-how to create more middle housing is the mission for mddl, a Calgary company that shared second place in the Canadian government’s Housing Supply Challenge.
Canadian home sales rose 3.8% in July, prices remain steady
Canadian home sales rose 3.8 per cent in July for the fourth consecutive month, as house prices remained steady across the nation. There were 40,228 sales last month after removing seasonal influences, according to the Canadian Real Estate Association.
Major Rothesay, N.B. development moves forward
Rothesay council is giving near unanimous approval to a large commercial and residential project. The approved proposal is for a mixed-use development that would add roughly 1,277 units over 20 years to a commercial and residential area near the highway
Edmonton advances downtown student housing incentive
Edmonton is poised to launch an incentive program to address the shortage of affordable student housing while revitalizing its downtown core. The city’s executive committee has endorsed the Downtown Student Housing Incentive, recommending city council’s approval of the initiative.
Tallest skyscraper outside of Toronto rises in Mississauga
At 83 storeys, the third highrise in what will eventually be an eight-tower mixed-use development at Burnhamthorpe Road West and Confederation Parkway in Mississauga's downtown core recently hit a significant milestone, city officials said this week.
B.C. land-claims ruling shakes foundation of property rights
OPINION: Last week, B.C.’s Supreme Court handed down what could be the most impactful land-claims ruling in the country’s history. It found the Cowichan Tribes have title over swath of occupied territory in the Vancouver suburb of Richmond.
Flagship Communities REIT acquires 504-lot MHC
Flagship Communities REIT (MHC-UN-T) has acquired a 504-lot manufactured housing community (MHC) located in Georgetown, Ken. from Empower Park, LLC. The acquisition will be funded using cash on hand along with approximately $17 million in assumed debt.
Apple, Nvidia among tech companies buying Bay Area office
In Silicon Valley’s biggest real estate plays this year, the boldest buyers are deep-pocketed companies planning to keep the keys. Tech’s titans are returning to buying property to guarantee control of their facilities as the industry adjusts to AI's impacts.
Worldwide Plaza's value slashed by $1.4B in new appraisal
The value of a distressed Midtown skyscraper has plunged dramatically. An appraisal conducted in April placed the value of the Worldwide Plaza office tower at just US$345M, an 80 per cent reduction from its value in 2017.
Multifamily REITs’ longer-term outlook positive as supply pressures ease
Multifamily REIT performance has come under pressure so far in 2025, with the tail end of an oversupply cycle and economic growth uncertainty weighing on the sector. Renewal lease gains remain a bright spot.
DC BLOX lands $1.1B green loan for Atlanta data centre
DC BLOX has closed US$1.15 billion in green loan financing for the development of a data centre campus in Douglas County, Ga., the Atlanta-based data centre provider announced.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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RealREIT
Sep 10 2025
Metro Toronto Convention Centre
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
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