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Chartwell acquires Montreal seniors facility, plans 2 expansions
Chartwell buys Montreal seniors facility, plans 2 expansions
Chartwell Retirement Residences (CSH-UN-T) is acquiring a 449-suite seniors living and care residence in Montreal for $88.5 million, and is developing or expanding two other facilities in Quebec as the province remains a key focus of company growth.
Colonnade BridgePort bets on Ottawa apt. market with RYSE
As the city of Ottawa moves forward with its LRT project in Westboro and other neighbourhoods, local developer Colonnade BridgePort recently broke ground on a new $119-million rental housing development.
Developers quietly cancelling Toronto condos: A crisis map
The Star has compiled a map of the projects which have been cancelled, gone into receivership or converted to rentals, revealing in one place the scope of the preconstruction condo crisis. The projects span the city, with a cluster downtown.
 | Design, Policy and Canadian Cities Master plan the missing middleNaama BlonderArchitect, Urban Designer, Urban Planner | B.Arch, OAA, RPP, MCIP |
Royal Homes' new owners plan for larger factory
Four investors led by Sid Kerrigan, the former president of Brookfield Residential's Ontario division, have acquired Wingham, Ont.-based factory homebuilder Royal Homes, with plans to expand its presence and manufacturing capacity.
Developers scramble as CMHC insurance doubles for some
As of July 13, real estate developers across Canada saw their CMHC mortgage insurance premiums explode. The move followed an announcement on July 3. All multiresidential buildings in Canada with five or more units are affected.
AIMCo promotes Lord to lead revamped investing mandate
Alberta Investment Management Corp. has promoted Justin Lord to chief investment officer, choosing an internal candidate with a background in public equities to lead a revamped investing mandate. As CIO he will oversee the full $180B AIMCo portfolio.
Downtown Edmonton office vacancy slips under 20%
For the first time in years, the office vacancy rate in downtown Edmonton has dipped below 20 per cent. “It sure is nice to see something that doesn’t start with a two,” said CBRE Edmonton’s managing director, Mark Anderson.
Hudson’s Bay fights lender that wants Liu deal terminated
Hudson’s Bay is firing back at one of its biggest lenders. A new court filing from the defunct department store’s CFO pushes back on accusations it mishandled its liquidation and is hopelessly pursuing the deal to sell 25 leases.
Vancouver council aims to fill Downtown Eastside storefronts
Vancouver city council unanimously approved a motion last week that aims to make it easier and faster for entrepreneurs, artists and others to move into the dozens of empty storefronts in the Downtown Eastside.
Loblaw opens four discount stores across the country
Loblaw Companies opened four discount stores across three provinces last week. A No Frills welcomed shoppers in Kelowna, B.C., while two Maxi stores opened in Quebec, in Sainte-Adèle and Boucherville. Finally, a No Frills opened in Tillsonburg, Ont.
Arc’teryx celebrates new Robson Street flagship store
The construction scaffolding at the northwest corner of the intersection of Burrard Street and Robson Street has come down, revealing a substantially complete new downtown Vancouver flagship store for Arc’teryx.
Broadway Plan sees 146 projects in development pipeline
A transformative 30-year plan approved by Vancouver’s previous city council in 2022 for Broadway and its corridor has attracted significant interest from developers, with 146 projects in the development pipeline.
Ottawa fees squeeze small developers out of rental housing
François Latreille is doing exactly what this city desperately needs: He’s building infill homes on a human scale, adding mid-density housing. Rather, that’s what he WOULD be doing, if only Ottawa City Hall would make it a bit easier.
100,000 people expected in the Port Lands, but no transit line?
Toronto is building an entire neighbourhood in the eastern waterfront, as part of a billion-dollar revitalization of the formerly industrial area. One detail has been neglected — the light rail transit line expected to serve over 100,000 people hasn’t broken ground.
GO Residential REIT files amended prospectus for IPO
GO Residential Real Estate Investment Trust has filed an amended and restated preliminary long-form prospectus for the REIT's previously announced initial public offering with the securities regulatory authorities in each of the provinces and territories in Canada.
$4.25B in buyout debt for Boots goes out to market
Banks are looking to sell US$2.25 billion of term loans and US$2 billion equivalent of bonds for Boots, to help finance the pharmacy chain's acquisition by U.S. private equity firm Sycamore Partners.
Related cuts office, ups industrial in Bay Area master plan
A change in plans for Related Santa Clara, a major mixed-use development by Related Cos., has been approved. The master plan will see a 4 million-square-foot reduction in office space and a concurrent increase in light industrial and distribution facilities.
Dallas-Fort Worth mixed-use project lands $425M construction loan
Fields West, a 55-acre mixed-use project that will be located in the heart of a 2,500-acre master-planned community north of Dallas, is moving forward in Frisco, Tex., with US$425 million in construction financing.
Lucky Strike buys dozens of its own locations for $306M
Lucky Strike Entertainment, known for its bowling venues, is taking control of real estate underpinning over 50 of its U.S. locations. The company acquired the real estate beneath 58 of its existing venues for US$306M.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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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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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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