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CLC's Arbo Downsview development clears key hurdle
CLC's Arbo Downsview development clears key hurdle
Canada Lands Company has received draft plan of subdivision approval from the City of Toronto for Phase 1 of Arbo at Downsview, bringing the development of a 1,400-unit residential community in North York a major step closer to launch.
Receiver picks Tridel as development manager for The One
The receiver of troubled luxury condo development The One has selected real estate development giant Tridel to see the project through to completion after failing to secure a buyer.
New neighborhood worth $2B+ for former Montreal brewery
A new neighbourhood offering 5,000 homes, green spaces and a tourist hub with a view of the river will officially take shape at the foot of Molson's flagship store in Montreal, according to plans unveiled by developer Montoni.
 | Working Capital Housing regulation, shortages, affordability: Economist David CaplanJesse FragaleHost, Working Capital - The Real Estate Podcast |
The bleeding in the assignment market gets worse
The preconstruction assignment market, once the darling of real estate speculators, is facing its moment of truth. Investors are having to hand over ever more cash to escape unsellable contracts and already face steep losses.
Armco invests in future of downtown Calgary
Calgary’s downtown office market has received a lot of press of late — about vacancies, working from home and conversions to residential properties. Many building owners decided to cut their losses and sell, but Armco is expanding its portfolio.
 | North American Steel Ontario Building Code 2025: Racking changes explainedPrepare for Ontario Building Code updates in 2025 impacting industrial racking. Learn about seismic compliance, new safety standards, and permit requirements. Stay ahead with expert guidance to ensure compliance, safety, and operational efficiency under the latest regulations. Sponsored by: North American Steel |
Why Kevin O'Leary plans massive N. Alberta AI data centre
Celebrity investor Kevin O'Leary is planning to bankroll and build what he says will be the world's largest artificial intelligence data centre. The proposal — named Wonder Valley — is to be built in the District of Greenview, near Grande Prairie.
Menkes, QuadReal top off 4-tower Vaughan condo community
Menkes Developments and QuadReal Property Group have announced the successful "topping off" of Festival, a four-tower community at the Vaughan Metropolitan Centre. Festival broke ground in early 2021 on the 5.5-acre property.
Former B.C. hotel being dismantled for future development
The former Howard Johnson Harbourside Hotel in central Nanaimo is being deconstructed, with plans for the site’s main building to be dismantled before the end of this month. The Snuneymuwx First Nation is exploring mixed-use development for the site.
Starlight buys Victoria property under receivership for $23.5M
Toronto-based real estate investment and asset management firm Starlight Investments is continuing to grow its portfolio in British Columbia, buying a multifamily property out of distress, according to filings in the Supreme Court of British Columbia.
Paragon Living opens two new Winnipeg apartment blocks
Nigel Furgus remembers growing up in a 600-square-foot home. That’s why affordable housing is top of mind for the president and co-founder of Paragon Living, a Winnipeg company specializing in development, property management and construction of rental apartments.
Grocery retailer Empire reports $173.4-million Q2 profit
Empire Co. (EMP-A-T) says it earned a second-quarter profit of $173.4-million as its sales edged higher. The parent company of grocery retailer Sobeys says the profit amounted to 73 cents per diluted share.
Body Shop Canada to be acquired by Serruya Private Equity
The Body Shop Canada has found a buyer. More than nine months after filing for creditor protection, the retail chain will seek court approval Friday to sell its remaining assets to Serruya Private Equity.
$81M repair plan approved for TO's aging St. Lawrence Centre
Mayor Olivia Chow and members of the city’s executive committee have approved an $81-million plan to repair the aging St. Lawrence Centre for the Arts in downtown Toronto.
Vancouver's Broadway plan could hurt small businesses
OPINION - Nigel Pike has been running Cascade Room, a cosy and popular Mount Pleasant bar and restaurant for 17 years, and he has never felt so pessimistic about the future.
$25B Kroger, Albertsons merger crumbles with multibillion-dollar suit
A lawsuit filed Wednesday morning by Albertsons put the final nail in the coffin for the grocer's pending $25B merger with Kroger. The merger's failure means the expected sale of 579 grocery store locations is also off the table.
Blackstone to buy Tokyo complex from Seibu for $2.6B
Blackstone (BX-N) is buying a mixed-use complex in Tokyo from Seibu Holdings in the largest real estate acquisition by a foreign fund in Japan. The world’s largest alternative asset manager will purchase Tokyo Garden Terrace Kioicho for US$2.6B.
Marriott buys Postcard Cabins as it plans outdoor hospitality brand
Marriott International is acquiring a hospitality company that specializes in rural cabins as the hotel giant lays plans for an outdoor-focused lodging collection. Marriott is acquiring Postcard Cabins, which has more than 1,200 units across the U.S.
Commercial real estate and REITs: Change is in the air for 2025
With healthy economic growth, steady unemployment, a moderating pace of inflation and limited recession fears, U.S. economic conditions are solid. While this type of environment typically benefits CRE, the market appears to be stuck in a period of stagnation.
Industry Events
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Canada Real Estate Auctions
Jan 01 2025
to Dec 31 2025
Canada
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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