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Fallsview acquires Calgary's Hyatt Regency for $100M+
Fallsview to buy Calgary's Hyatt Regency for $100M+
In what marks the second-largest hotel sale in Calgary in recent years, the 355-room downtown Hyatt Regency Hotel has changed hands in a transaction valued at well over $100 million.
Trump risks complicate life for Canada's $2T pension giants
Ontario Teachers’ Pension Plan Board chief executive Jo Taylor and his team usually rely on a lot of real-world data when determining where to allocate billions of dollars of investment money but these moves are getting more difficult to predict.
Concert divests from seniors housing, securing $334M
Over the past year, Concert has sold its four Tapestry seniors housing properties in B.C. and Ontario to Tridel, Fengate Asset Management and Chartwell Retirement Residences. The properties were sold individually over the course of the past year.
GTA new housing sales hit 'rock bottom' record low: BILD
February new home sales in the Greater Toronto Area were the lowest on record, plunging 50 per cent from last year and 84 per cent below the 10-year average, according to a homebuilding industry group.
Food Basics opens new store in Mississauga, plans six more
Food Basics welcomed shoppers to its newest location in Mississauga this week. The Metro-owned discount chain plans to open six additional locations in the province this year. The 29,000 square-foot store is Food Basics' seventh in Mississauga and 146th overall.
More office space to be added to Vancouver music school
A four-storey vertical expansion is planned for the building housing the Sarah McLachlan School of Music in Vancouver. The proposal is to add 100 per cent office space, growing the building’s total floor area to about 91,000 sq. ft.
Edmonton ranks as most builder-friendly city in Canada
Edmonton is No. 1 — at least when it comes to facilitating home building in Canada. That’s the finding of a new report from the Canadian Home Builders’ Association that ranked the city first among 23 municipalities.
Housing in former office buildings can revitalize Ottawa
Housing affordability and supply have become an enormous crisis, but more vacant government office buildings bring with them opportunity, too. Unlike other housing-hungry cities in Canada, Ottawa has an ample supply of former office buildings owned by the federal government.
Bearish on rental: B.C. developers rejig for a downturn
When Vancouver developers ran into a slowdown in presales of condo apartments a few years ago, many switched over to rentals. Now, a number of builders are saying that even rental projects are uncertain, as demand has softened noticeably.
Receiver of Thind project finds $86M stalking horse bid
Several months after the District Northwest project by Thind Properties was placed under receivership, the receiver is set to return to court with a proposed sales process as well as a stalking horse bid.
Edmonton blazes ahead with bold redev. of Exhibition Lands
As the vision goes, the Exhibition Lands in Edmonton will eventually be home to 7,500 residents living in a new residential and commercial area with multi-use paths and transit accessibility.
Trio of towers proposed across from Erin Mills Town Centre
A trio of condominium towers is proposed to replace a shopping plaza just across from Erin Mills Town Centre. Designed by Arcadis for Trinity Point Development (operating as Starmont Estates), the proposal calls for heights up to 34 storeys.
Pinnacle cuts offices for more condos in Vancouver
Some major changes in building uses are planned for Western Canada’s future tallest tower in Metro Vancouver. Vancouver-based developer Pinnacle International has returned to the City of Burnaby to revise its previously approved rezoning for the Lougheed project.
Recreational housing to show modest growth in 2025: Report
The Canadian recreational property market is expected to stay on the positive side in 2025, a Royal LePage market report says, despite the downward pressures of economic and political uncertainty.
Danforth church conversion a model for adding new housing
In 2018, WoodGreen Community Services began working with the Danforth Church on a conversion project for the historic church building. Space within the building will be preserved for the congregation, while an eight-storey tower would provide 50 seniors' residential units.
CPPIB invests in Seoul office building for rental housing conversion
The Canada Pension Plan Investment Board and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women’s clothing company, marking the pension fund's entry into the Korean rental housing market.
Fortress targets $1.5 billion in latest asset-based credit fund
Fortress Investment Group is seeking to raise about US$1.5 billion for its latest fund focused on asset-based financing, a key area of expansion for private market firms, according to people familiar with the matter.
NYC's top developers are all-in on a tiny patch of Madison Avenue
Within a matter of months, Extell Development and Related Cos. have set in motion plans for ultra-luxury skyscrapers on the eastern corners of 60th and 59th streets. Their investments are just the start of the area’s rebirth.
Growing share of industrial occupiers buying instead of renting
Occupiers of industrial properties in the U.S. are increasingly opting to purchase rather than rent their buildings. There were 2,504 industrial sales to owner-occupiers in 2024, a 32 per cent increase from the prior year's total of 1,895.
Industry Events
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Canada Real Estate Auctions
Apr 01 2025
to Dec 31 2025
Canada
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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