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Chartwell buying $382.5M stake in Fengate seniors housing portfolio
Chartwell buying $382.5M stake in seniors housing portfolio
Chartwell Retirement Residences will invest $382.5M for a 30 per cent stake in a $1.3B portfolio of 23 Canadian seniors residences owned by Fengate Asset Management on behalf of the LiUNA Pension Fund of Central and Eastern Canada.
Developers to sell 16 acres near Polo Park, Winnipeg
Developers of a $1-billion proposal to create a “complete community” near Polo Park plan to sell off up to 16 of 30 acres that includes apartment towers, retail space and parks near a major shopping mall.
Large community proposed for Oakville’s Trafalgar area
One of the largest development proposals in Oakville – 27 buildings across 12 development blocks and up to 30 storeys – aims to transform an undeveloped edge-of-city site into a mixed-use community in the Trafalgar Urban Core Area.
 | The People Space Kenney to retire as CAPREIT CEO, Cutsey named as successorDon WilcoxManaging Editor, RENX |
Canadian pension plans in black despite Q1 volatility
Canadian pension plan sponsors generated positive returns in Q1 2026 despite uneven market conditions and weakness in U.S. equities, according to new data from the BNY Canadian Asset Strategy View universe.
Federal gov't grants Ford $464M to refit truck plant
The federal government is giving $464.5-million to Ford Motor Co. to refit the automaker’s plant in Oakville to make heavy-duty pickup trucks. The factory, closed for retooling since 2024, will employ 1,800 people when it reopens.
B.C. spent $100M on paused hospital, LTC projects
The B.C. government has spent nearly $100 million on the second phase of the Burnaby Hospital expansion and seven long-term care facilities – projects now all on indefinite hold. The project was alleged to be over-budget and too expensive.
Businesses pulling investment from B.C. over DRIPA
OPINION: Plummeting approval numbers aren’t the only figures the NDP government needs to worry about as backlash over Indigenous reconciliation and private property rights. Many B.C. businesses report they plan to scale back operations due to the conflict.
Loblaw on track to become Canada’s grocery landlord
OPINION: In April, it was announced that First Capital REIT, a widely held public company and one of Canada’s largest outdoor shopping centre landlords, entered into an agreement to sell its portfolio to Choice Properties REIT and KingSett Capital.
B.C. developer claims it was victim of domain spoofing
A B.C. developer claims it was deceived into wiring funds intended for a B.C. construction contractor to a Toronto-Dominion Bank account in Brampton, Ont., and is now seeking return of the funds from the alleged corporate account holder and director.
Former official accused of receiving payment from dev.
The City of Markham is investigating allegations a senior official who oversaw development approvals was also collecting payments from Grit Developments for consulting work between December 2023 and March 2025.
Canada's rental rates decline for 19th consecutive month
For the 19th consecutive month, Canada has recorded an annual decline in rental prices, with the average asking rent for residential properties falling by $100 compared to a year ago to $2,027 according to a report from Urbanation.
Colliers posts 15% revenue gain in Q1, 2026
Toronto-based Colliers posted a loss from buying an architecture, design and engineering business, while revenue grew 15 per cent from higher property sales. Revenue grew to $1.31 billion in Q1 2026.
BAM posts 11% profit boost in Q1, raises $21B
Brookfield Asset Management Ltd. reported an 11-per-cent increase in profits from fees and raised US$21-billion in the first quarter, emphasizing its ownership of hard assets such as real estate and infrastructure as bulwarks in unsteady markets.
Feds sell huge D.C. buildings without plan for future
The transformation of 250 acres between the National Mall and D.C.’s southwest waterfront is poised to be one of the most impactful redevelopments in the history of the nation’s capital. Many of the brutalist mid-century behemoths are for sale.
Microsoft’s data centre push collides clean clean power goals
Microsoft is weighing whether to delay or scale back one of its most ambitious clean energy goals as its rapid buildout of AI data centres puts pressure on its ability to meet those targets.
CRE title firms turn to AI to fill talent gaps, speed transactions
An often overlooked corner of commercial real estate is being pushed into reinvention, as the title insurance industry works to counter a shrinking, aging workforce and rising pressure to move faster in an increasingly complex market.
Site of deadly Florida condo collapse finds no buyers
The fifth anniversary of the deadly collapse of the Champlain Towers South condominium in Surfside, Fla., is around the corner and the new luxury development built in its place has not sold a single unit since its sales process launched.
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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