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Chartwell buys $315.2M of seniors residences, kicks off Calgary development
Chartwell buys $315.2M of seniors homes, starts Calgary dev.
Chartwell Retirement Residences (CSH-UN-T) has agreements to acquire three Quebec properties comprising almost 950 suites for $315.2 million, and has commenced development of its Chartwell Kingsview Retirement Residence in Calgary.
Congebec, CN plan Calgary railyard cold-storage facility
Congebec, a Quebec-based cold chain logistics company, has announced plans to develop a state-of-the art cold storage distribution facility in Rocky View County just outside Calgary. It will be located with direct access to CN's Calgary Logistics Park.
Home sales, prices slow but expected to recover in 2026
A series of housing market reports released this week show continuing challenges for both home sales and prices Canada-wide. But the national market is expected to recover in 2026, driven by years of pent-up demand and further interest rate cuts.
Gehry-designed Toronto tower feted at tall buildings conf.
Toronto’s 73-storey Forma East project from developers Great Gulf Group, Dream and Westdale Properties was highlighted as a case in point at the Council on Tall Buildings and Urban Habitat International Conference, alongside projects from New York and Jakarta.
Office market confidence returns: Avison Young
Canada’s commercial real estate market weathered economic headwinds in Q3, as investors doubled down on high-quality assets and signalled renewed optimism for the office sector, according to Avison Young’s latest cap rate report.
Lyft to open Toronto tech hub, deepening push beyond U.S.
Lyft plans to open a technology hub in downtown Toronto in the second half of 2026, making the city its second-largest tech centre after San Francisco, the ride-hailing firm said on Thursday.
Calgary’s latest office-to-rental conversion opens
In 2021, Calgary launched the Downtown Calgary Development Incentive Program to transform vacant office towers into residential buildings. The program has supported the construction of more than 2,450 apartments, 670 of which have been completed.
Gov't threatens to sue Stellantis over Jeep production move
The government of Canada is threatening to sue automaker Stellantis over its move to shift production of the Jeep Compass to Illinois from Brampton, Ont. Industry Minister Mélanie Joly issued the warning in a letter to Stellantis CEO Antonio Filosa.
Why B.C. clothing retailers are rapidly opening new stores
Lululemon, Aritzia, Indochino and Kit and Ace are among the Vancouver-based clothing companies where executives are rapidly expanding store counts and making decisions on which real estate to lease.
Renaissance opens $45M impact centre in Montreal
Renaissance continues its momentum. The organization, which now has 42 points of sale for second-hand items and clothing, is opening its brand new centre today, which includes a thrift store, a job search centre and a distribution centre.
Nike opens Canadian flagship at CF Toronto Eaton Centre
Nike has opened its new Canadian flagship at CF Toronto Eaton Centre in downtown Toronto, marking a milestone in the brand’s ongoing retail buildout across the country. The two-level store spans approximately 21,000 square feet.
Portage Place redev. rejoins 2 sides of Winnipeg downtown
VIDEO: It's hard to miss the giant hole in what used to be the atrium of Portage Place mall. Work is underway to transform the space into a residence and medical centre.
5,200+ units approved by Toronto City Council
Fourteen development applications were adopted by Toronto City Council in October across Scarborough, Midtown, Downtown and North York, approving the zoning for over 5,200 new housing units in buildings from two-storey townhouses through to 65-storey towers.
Vernon land assembly points up housing dev. opportunities
A strategically located land assembly in downtown Vernon has hit the market for $6 million, on the heels of a municipal housing needs assessment underscoring the need for significant additions to the city’s housing stock.
Developers plan church restorations with res. towers
Holy places and housing are mixing in interesting ways these days in Halifax. Two different developers in Halifax are proposing similar ideas in different neighbourhoods: restoring historic churches and building residential towers behind them.
Real estate podcasts
Shaun Hildebrand, Urbanation: Toronto condo crisis: What’s next? CRE Podcast
Marlee Kohn, Starlight: Leading the ESG charge in real estate, People Who Perform
How low will prices go: A look into Canada's RE future, Vancouver Life RE
BMO to sell 138 U.S. branches to First Citizens Bank
BMO Financial Group has signed a deal to sell 138 BMO branches in the U.S. to First Citizens Bank & Trust Company as part of a plan to optimize its branch network.
Brookfield nears $1.3B Manhattan office refinancing
Brookfield Properties is on track to secure a US$1.3 billion loan package to refinance 660 Fifth Ave., a 1.3M-square-foot office property rising 39 storeys in Manhattan, according to a report by Morningstar DBRS.
SL Green buys Manhattan tower from Blackstone in $730M deal
SL Green is betting demand for high-quality office assets in New York City will continue to strengthen. Manhattan’s largest office landlord is under contract to acquire Park Avenue Tower, a 36-storey trophy building, from Blackstone for US$730M.
The rise of retail-to-office conversions
Once viewed as a last resort for struggling assets, retail-to-office conversions are emerging as a creative fix for two of commercial real estate’s most pressing challenges in the U.S. – stubborn retail vacancies and rising demand for flexible, creative work environments.
Industry Events
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BUILDEX Alberta
Oct 22 2025
to Oct 23 2025
BMO Centre at Stampede Park, Calgary
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Calgary Real Estate Forum
Oct 29 2025
BMO Centre Expansion, Stampede Grounds
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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