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Land assemblies 'difficult' but worth the effort: Toronto's Oikoi Living
Land assemblies 'difficult' but worth the effort: Oikoi Living
The two men who comprise Toronto-based Oikoi Living believe their work assembling properties for high-rise, purpose-built rental apartments and creating “micro-communities” for infill locations positions them well to add badly needed new housing in the city.
Sienna expands into Alberta, buying 4 facilities for $181.6M
Sienna Senior Living (SIA-T) is expanding into Alberta with an agreement to acquire four continuing care homes in the Calgary and Edmonton areas, as well as Fort Saskatchewan and Medicine Hat.
Couche-Tard chairman wants to buy entire Seven & i
Alimentation Couche-Tard Inc. (ADT-T) is interested in buying the entirety of Seven & i Holdings Co., and will keep the local operations of the Japanese convenience store and retail giant intact, chairman and founder Alain Bouchard said.
 | The Industrial Real Estate Show The state of the industrial real estate marketChad GriffithsPartner, NAI Commercial |
Toromont proposes multi-block GTA community of 17 towers
Toromont Industries has submitted a proposal to the City of Vaughan for a master-planned, mixed-use community in the rapidly growing Vaughan Metropolitan Centre. The 27-acre site would feature 17 towers ranging from 43 to 74 storeys.
Anmore committee to hear 3 options for huge housing project
Developer Icona Properties is proposing to build 3,500 homes on 150 acres of land in Anmore, a village in Metro Vancouver. Village council will hear three possible land use options from the developer later this month.
 | Gentai Capital Gentai Capital: Canada’s leading alternative mortgage solutionsGentai Capital offers alternative mortgage solutions to brokers clients, assisting those who do not meet standard lending criteria in Canada, to attain homeownership and secure their futures. Sponsored by: Gentai Capital |
Revised plans add 15 storeys to mixed-use plan in Toronto
Originate Developments has submitted revised plans for a heritage building at Richmond and Bathurst Streets. After originally receiving approvals for an 18-storey mixed-use building in 2023, the developer now seeks to build at 33 storeys.
Southwest shows off new Halifax waterfront development
After over three years of construction and more than $100 million, Southwest Properties has unveiled its Cunard project. The 16-storey Halifax waterfront building has apartments on 13 levels, six “live/work suites,” retail space and several waterfront restaurants.
London Accuride plant for sale, may close if buyer not found
After 56 years of making steel wheels, London’s Accuride plant is on the block and may shut down as its parent company is facing bankruptcy, the company said Tuesday. The 480,000-square-foot plant is on 26 hectares of land.
OmniaBio announces new manufacturing facility in Hamilton
OmniaBio Inc. has opened a new cell and gene therapy manufacturing and artificial intelligence centre in Hamilton. The 120,000-sq.-ft. site is at the McMaster Innovation Park.
Improving opens new Canadian headquarters in Toronto
Digital services company Improving has opened a new Canadian office in Toronto. The state-of-the-art facility is located at 171 East Liberty and will be home to 100 employees.
Invesque provides transaction and refinancing updates
Health care real estate company Invesque Inc. (IVQ-T) has announced several transaction and refinancing updates, as well as changes to the previously announced proposed amendments to the company’s debentures and preferred share exchange.
Competition launched to reimagine former airport runway
Northcrest Developments has launched a global design competition for the runway of YZD, the former Downsview airport in Toronto. Design teams will compete to transform the two-kilometre airstrip into a centerpiece of future mixed-use communities across the 370 acres.
Housing investors try to sell to stanch losses
New listings have jumped across Canada’s major housing markets as sellers come back in. While it’s unclear exactly how many listings are coming from investors, experts say the outlook for landlords has worsened.
Rental housing development numbers don't add up
The biggest challenge to getting rental housing projects built today is the math. It simply doesn’t work. That was the message from Corey Pacht of Fitzrovia during the Residential Construction Council of Ontario’s recent Housing Summit 4.0.
Rockefeller Center seeks $3.4B commercial mortgage bond deal
The owners of Rockefeller Center, the site of New York City’s iconic Christmas tree and Radio City Music Hall, are refinancing the office and retail space with one of the largest commercial mortgage bonds in the past decade.
Bloomberg expands to nearly 1M sq. ft. at Manhattan tower
Bloomberg LP has inked a renewal and expansion lease at SL Green Realty Corp.’s (SLG-N) 919 Third Ave., a 1.5 million-square-foot, 47-story office tower in Manhattan, bringing its footprint to 924,876 square feet at the highrise.
Billionaires’ row developer buys NYC office tower for condos
Extell Development, the company behind some of Manhattan’s most expensive condo skyscrapers, bought a Madison Avenue office property with plans to build luxury housing and retail. The developer purchased 655 Madison Ave. from Williams Equities for more than US$200M.
Recreation and wellness are bedfellows in U.S. student centres
Student demands for amenities that address emotional and mental wellbeing are impacting development on U.S. college campuses, leading to the addition of recreation centres with wellness portfolios. These hybrid buildings are being positioned as centrepieces for their school’s master planning.
Industry Events
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Canada Real Estate Auction
Oct 22 2024
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Calgary Real Estate Forum
Oct 29 2024
Calgary TELUS Convention Centre
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South 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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