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Projects and problems in the GTHA multifamily sector: Part I
Projects and problems in GTHA multifamily: Part I
Development, architecture, brokerage and property management experts gathered at a recent event to discuss the severe challenges facing housing development, their projects and strategies to try and kick-start sales, leasing and additional development in the Greater Toronto and Hamilton Area.
GWLRA acquires newly built, Toronto industrial building
GWL Realty Advisors has acquired a new-build — a 333,368-square-foot industrial distribution property at 2750 Morningside Ave. in Toronto — which had been developed for Oxford Properties.
AI investment spurs a surge in Toronto office leasing
Venture capital firms spent US$7 billion funding AI in Toronto tech companies from 2020 to the first quarter of 2026, contributing to a surge in office leases over the past year, according to a new report.
Canada most attractive market for infrastructure investors
Canada tops the list of the most attractive countries for investing in infrastructure for the first time in a survey of major global investors, suggesting Ottawa’s push to boost the country’s profile is attracting attention.
Wesgroup revises Civic District plan to 1,900 units
Prominent Vancouver-based developer Wesgroup Properties has submitted a rezoning application for Civic District, their multi-phased master-planned communication in Surrey. The project at 10355 King George Blvd. is set to include 1,900 homes across four towers between 40 and 50 storeys.
4-building Guelph plan approved after decades
Decades in the making, a major east-end development has been given the go-ahead in Guelph. As currently planned, the development includes four mixed-use buildings ranging in height between nine and 14 storeys.
Surrey mayor pitches 200,000 sq. ft. convention centre
In her State of City address, Surrey mayor Brenda Locke introduced a proposal to build a convention centre with up to 200,000 sq. ft. of meeting and exhibition space, providing major additional capacity to host events, conferences and trade shows.
B.C. pulls funding for supportive housing project
The six-storey building, intended to provide housing for women and children fleeing abuse, was a key component of Beedie’s megaproject approved by Port Moody in November 2025. The main site includes more than 1,000 market condominium units.
Canadian housing starts jump 17% in April
Canada Mortgage and Housing Corp. says the annual pace of housing starts for April rose 17 per cent compared with March. The seasonally-adjusted annual rate of housing starts came in at 279,317 units for April, up from 239,747 units in March.
Mortgage debt hits record high; delinquency creeps
Canada’s total residential mortgage debt surpassed $2.4 trillion in January 2026, up 4.8 per cent year over year, “showing early but contained signs of strain,” Canada Mortgage and Housing Corporation said Tuesday.
RioCan says grocery, pharmacy retailers fuel leasing
RioCan REIT (REI-UN-T) says demand for retail space across its portfolio remains exceptionally strong as tight market conditions and limited new supply continue to fuel leasing momentum for the country’s largest retail-focused REIT.
La Caisse ordered to pay $400,000 to shopper
A British Columbia court has ordered the La Caisse to pay $400,000 in damages to a person who was assaulted in a shopping mall owned by the institution.
City Park rebrands to mark larger scale, growth into Dallas
City Park Homes has rebranded to City Park, a change the Vaughan, Ont.-based homebuilder and developer says reflects its transformation from lowrise projects to townhome communities, mixed-use developments and an expansion into the U.S.
Inside BC Place Stadium after its FIFA upgrades
Provincial Crown corporation PavCo is set to hand over the operations of BC Place Stadium to FIFA organizers as preparations enter the final phase ahead of the 2026 FIFA World Cup.
Understanding the realities of private credit stress
Anyone taking a look at private credit headlines over the past month might have reasons for concern. However, a CBRE report indicated that what’s happening on the corporate side isn’t an issue for CRE. At least, not yet.
Global Net Lease completes $535M merger with Modiv Industrial
This strategic move, which prices Modiv’s stock at US$18.82 per share, integrates the Denver-based REIT’s 4.3 million square feet of assets into GNL’s expansive, US$5.3 billion portfolio.
Atlanta’s tallest tower in over 3 decades tops out
The tallest tower constructed in Atlanta in over three decades, 1072 West Peachtree, recently topped out. The tower, a JV between Rockefeller Group, Taisei and Mitsubishi Estate, will rise 60 storeys, making it the tallest residential structure and fifth-tallest building.
AI deepfakes are moving into commercial real estate
Artificial intelligence-driven deepfakes are often discussed in the context of politics or celebrity impersonation, but a quieter and increasingly costly version of the threat is unfolding inside commercial real estate operations.
U.K. REIT Picton sells at a discount
A consortium led by LondonMetric Property and Schroder REIT has reached agreement in principle on a £403M (C$739M) takeover of Picton Property Income. Picton owns a portfolio valued at £699M (C$1.3B), including debt.
Industry Events
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Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building -
Southwestern Ontario Real Estate Forum
Jun 03 2026
RBC Place London -
Canadian Apartment Investment Conference
Sep 09 2026
Metro Toronto Convention Centre, North -
RealREIT
Sep 16 2026
Metro Toronto Convention Centre, North -
Winnipeg Real Estate Forum
Sep 17 2026
RBC Convention Centre, MB
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