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95 Developments near sellout at Toronto office strata project
95 Developments near sellout at Toronto office strata project
Toronto's 95 Developments has a project pipeline comprising 7,500 housing units, but one of its most innovative ventures has been in the office sector where the company has almost sold out a strata conversion at its 95 Corporate Centre.
'Bidding war' erupts for Calgary's iconic Mona Lisa property
A landmark retail property along Calgary’s iconic 17th Avenue SW, home to the former long-standing Mona Lisa Art Supplies, has sold for $5.55 million, one of the highest-priced land deals in the area in recent years.
IPro scandal: RECO registrar ousted, critics call for change
Long-time RECO registrar Joseph Richer is out after sparing iPro’s co-founders charges related to $10 million missing from trust accounts. Star data analysis shows the regulator allowed $700M in home sales to proceed after uncovering the shortfall.
What can we learn from the 1990s real estate crash?
Between 1985 and 1989, average Toronto-area home prices went up a whopping 151 per cent. But by 1990, some investors and homeowners were handing over their keys to the bank, no longer able to afford their mortgages.
Ontario office market shows mixed momentum in Q2: report
Downtown Toronto saw a quarterly bump in net asking rents for trophy and class-A assets amid falling availability, according to a JLL report. Downtown Toronto vacancy reached 18.6 per cent, an increase of 40 basis points quarter-over-quarter.
Databricks opens Vancouver R&D centre
San Francisco-based data intelligence giant Databricks is opening a research and development centre in Vancouver as the firm expects to soon earn a valuation exceeding US$100 billion.
Windsor remains one the tightest markets for industrial space
Windsor-Essex remains one of the tightest markets when it comes to available industrial space. CBRE Windsor's mid-year report on industrial market availability shows the rate at 3.37 per cent, well below the national average of 5.3 per cent.
Traditional lenders drove 2024 mortgage growth in Ontario
Traditional lenders saw a minor increase in mortgage activity in 2024 as the number of mortgages from private lenders continues to tick downward, new data from the Financial Services Regulatory Authority of Ontario shows.
The village of Mont-Tremblant is back on sale
More than two years after attempting to sell the Mont-Tremblant ski resort's shopping village, its owner, Lasalle Investment Management, is relaunching the auction. The 135,500-sq.-ft. village, comprising around 60 rental units, is back on the market with CBRE.
J2 Retail Management expands retail partnerships
Toronto-based J2 Retail Management is carving out an increasingly important role in supporting both domestic and international retailers entering or expanding in North America. Founded in 2012, its reach now spans Canada and the United States.
Canadian retailer Knix expanding in U.S. and Canada
In just the last four years, the company went from operating three Canadian stores to 13. Knix will have 20 locations in Canada by the end of this year, with another eight to 10 openings planned for next year.
Ballooning fees forcing tenants out of senior's residences
Residents of seniors’ homes across Ontario have seen their monthly bills balloon over the past few years at rates most other tenants in the province could never face because care fees and the cost of meals are not regulated.
Developer loses rezoning challenge in Squamish, B.C.
A developer that has been trying to get a rural subdivision and equestrian centre built on the outskirts of Squamish for nearly two decades has lost a court challenge of a rezoning decision that quashed the project.
Heritage Podium planned for 69-storey Isabella rental tower
Elysium Investments and Oikoi Living have submitted plans for a 69-storey rental tower at 164 through 168 Isabella St., a project that would stand among the tallest proposals in Toronto’s Upper Jarvis area.
Approved housing projects in Cambridge are not being built
High developer fees, uncertainty around tariffs and a difficult housing market are leaving thousands of approved housing projects in Cambridge unbuilt. Since 2023, Cambridge city council has approved 7,684 housing units, but over 5,000 remain unbuilt or without a permit.
Gov'ts, institutional investors align on big project financing
Co-operation among large investors, industry leaders and governments is rapidly increasing as parties discuss how to get major projects off the ground to protect Canada against the threat from tariffs, the CEO of the OMERS pension fund says.
The $12T question: How far will 401(k)s go into commercial real estate?
President Donald Trump is looking to unleash the US$12 trillion held in 401(k) accounts into the private sector, including real estate. The industry is chomping at the bit.
Vornado to buy offices above Saks Fifth Avenue for $218 Million
Vornado Realty Trust agreed to buy an office condominium above Saks Fifth Avenue's flagship department store in New York. The Manhattan-based landlord is buying the 36-storey, 382,500-square-foot office condos at 623 Fifth Ave. for US$218 million.
Why New York City's food halls keep closing
The restaurant business is thriving in New York City, with new eateries helping to drive retail vacancy in prime neighbourhoods to an 11-year low. The same can't be said for the city's food halls.
Property developer China Evergrande’s shares delisted in Hong Kong
Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a prolonged crisis in China’s property market.
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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