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Toronto acquisition expands Spear Street's office portfolio in Canada
Toronto acquisition builds Spear Street's Canadian portfolio
Just before the holidays, Spear Street Capital closed on its acquisition of 141 Adelaide St. W. in downtown Toronto, one of the year's larger office transactions in the GTA and the latest Canadian acquisition by the San Francisco firm.
Truman to develop second Fairmont hotel in Calgary
Fairmont Calgary, a new 225-room hotel that will also include 100 branded residences, is the latest addition to the hospitality development list of Calgary's Truman Development.
Jim Pattison's Virginia warehouse could become ICE facility
The U.S. Department of Homeland Security is in talks to buy a 550,000-sq.-ft. Virginia warehouse owned by British Columbia billionaire Jim Pattison, with plans to turn it into an Immigration and Customs Enforcement (ICE) processing facility.
Developers transform vacant offices into medical facilities
High office vacancy rates and an overburdened health care system are driving the conversion of Canadian offices into medical infrastructure – primarily physician and dental facilities, but also outpatient surgery centres and life-sciences research labs.
Canadian firms wary over growing interest in takeovers
Canadian companies are increasingly discerning between friendly and predatory investment as a weaker dollar and lower rates make domestic companies more attractive to foreign buyers, according to Bank of America’s head of Canadian investment banking.
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Hotel industry achieves record growth in 2025, led by B.C.
Canada’s hotel and travel industry experienced a banner year in 2025, posting record-setting results across key performance metrics, according to new data from CoStar. B.C. and Vancouver stood out, while Montreal, and parts of Quebec and Ontario saw slight declines.
Hyatt brand coming to Vancouver hotel redevelopment
When the new hotel on the former site of the Listel Vancouver opens in 2029, it will join The Unbound Collection by Hyatt. The longtime hotel property at 1300 Robson St. closed in late 2024 in preparation for its redevelopment.
Forma on King West will be unlike anything else in Toronto
The team of developers Great Gulf, Dream Unlimited and Westdale Properties are pressing forward with the construction of their Forma complex's first phase, a 73-storey condominium tower just next door to the Royal Alexandra Theatre.
New 24-storey tower officially coming to downtown Calgary
Building permits have been issued for a 24-storey residential tower in downtown Calgary. The new development comes from GWL Realty Advisors (GWLRA), on behalf of its client, The Canada Life Assurance Company.
Proposal grows from two to four towers in Pickering
Revised plans from Decade Group have doubled the number of towers proposed at 375 Kingston Rd. in Pickering, replacing an earlier two-tower concept with a four-tower mixed-use development rising 31 to 34 storeys.
Could the Legion be part of the housing solution?
As the Royal Canadian Legion approaches its 100th anniversary, one branch is using the milestone to sustain itself for the future and be part of the solution to the national housing crisis with a mixed-use redevelopment proposal.
Trump’s new threats could be bad news for housing sector
U.S. president Donald Trump’s latest threat to slap a 100 per cent tariff on all Canadian goods if Ottawa inks a trade deal with China raises the prospect that trade politics could once again sideswipe a fragile housing market recovery.
Continued stability in Vancouver’s retail sector: Colliers
The retail sector showed continued stability in the latter half of 2025 with low vacancies that will likely continue trending downwards, according to the Greater Vancouver Retail Report H1 2026 by commercial real estate firm Colliers.
Calgary Co-op announces closure of two northwest stores
Calgary Co-op has announced the closure of its Hamptons and Sage Hill locations in March. The closures, which will take effect March 28, include the food stores in Hamptons and Sage Hill, as well as the Hamptons Wine Spirits Beer and Cannabis stores.
8 ways AI is being used in real estate
Artificial intelligence (AI) is quietly transforming the real estate industry — from how homes are priced and marketed to how properties are managed and maintained. What was once a slow-moving, relationship-driven business is increasingly powered by data, algorithms, and automation.
SGI Realty joins $400M platform focused on Saudi Arabia
Al-Saedan Real Estate Company, Serpentine Lake Capital and SGI Real Estate of Canada, have announced the establishment of a joint development and investment platform, SL Property. The platform will develop commercial, residential and hospitality projects, alongside infrastructure and data centres.
U.S. REIT IPOs are vanishing
The world of REITs is shrinking, and not just because of increased consolidation in the sector. Companies went into hiding following 2022’s increase in interest rates. There were no initial public offerings that year, the first time in 21 years.
U.S. hotel construction pipeline reaches 6,146 projects
The U.S. hotel construction pipeline closed Q4 2025 with 6,146 projects and 720,089 rooms, driven by a record number of brand conversions and steady growth across all development stages, according to Lodging Econometrics.
Amazon is closing its Fresh and Go convenience stores
Amazon.com Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its push into physical retail. Amazon currently operates 14 Go stores, which use cameras to track shoppers, and 58 Amazon Fresh grocery stores.
Industry Events
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal -
BUILDEX Vancouver
Feb 11 2026
to Feb 12 2026
Vancouver Convention Centre West -
Real Capital
Feb 24 2026
Metro Toronto Convention Centre North -
MIPIM - The Global Urban Festival
Mar 09 2026
to Mar 13 2026
Palais des Festivals, Cannes, France -
Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West
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