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Oxford secures $650M CMHC loan, kicks off Alta in Toronto
Oxford secures $650M CMHC loan for 3-tower Alta mixed-use dev.
UPDATED with interview, quotes and new details from live event: Oxford Properties Group has obtained the largest financing package under the CMHC's apartment loan construction program, $650 million, to finance Phase 1 of its major Scarborough Town Centre redevelopment.
Flippers didn’t break the development market – policy did
GUEST SUBMISSION: The outrage machine is noisy with denunciations of supposedly nefarious “middlemen” who assemble properties and take them through rezoning – not because they plan to build something, but rather in hopes of flipping the land for an immediate payday.
Lululemon expands corporate HQ with Vancouver lease
Lululemon plans to expand its corporate footprint in downtown Vancouver after signing one of the city's biggest office leases in years. The retailer plans to fully occupy a 289,557-square-foot building at 725 Granville St. being vacated by Microsoft.
HBC court hearing adjourned after Liu appears without lawyer
Ruby Liu's bid to buy up to 25 Hudson's Bay leases was due to come under scrutiny in court today — but the battle was waylaid when she showed up with no lawyer or materials to aid in making her case.
Brookfield downsizes 20 Front West plans in Toronto
Brookfield Residential has submitted a revised site plan approval application to the city for 20–22 Front St. W., where a 40-storey mixed-use rental building is now planned in place of a previously approved 52-storey tower.
Tremblant condo developer seeks creditor protection
On the verge of bankruptcy, two companies associated with Habitations Luma, the developer of a controversial $100M Lago Tremblant real estate project in the Laurentians, have obtained protection under the Companies' Creditors Arrangement Act (CCAA).
 | NAIOP Why NAIOP events are industry game-changersFrom my perspective – and for many of you – progress is key. We want to grow as professionals while driving our industry forward. Staying ahead of trends, expanding networks, and gaining fresh insights doesn’t happen by accident. It takes deliberate effort. Sponsored by: NAIOP |
Intelcom: A last-mile business model that travels well
Although Montreal-based express parcel delivery company Intelcom benefited from the closure of Amazon's seven warehouses in Quebec earlier this year, its CEO, Jean-Sébastien Joly, has not sought to acquire the American e-commerce giant's sites to expand further.
Supply of self-storage space set to surge in Canada
The Canadian self-storage market is poised for a big increase in activity, with new supply expected to double year-over-year in 2026, according to a report by commercial real estate firm Avison Young.
Why investors can’t get enough of grocery-anchored retail
Like many large, mixed-use developments, plans have changed numerous times for a site adjacent to a future SkyTrain transit station in Vancouver. A recent amendment includes consolidating the property’s ground-level retail units into a large-format space for a grocery store.
Olive Garden to expand in Canada after recent acquisition
Unlimited soup, salads, and breadsticks may be popping up in more Canadian cities soon after Recipe Restaurants Unlimited recently acquired the Olive Garden Brand from Darden Restaurants Inc. Currently, Olive Garden operates eight locations throughout Canada.
The Beer Store closing 10 more Ontario locations
The Beer Store will close another 10 Ontario retail locations on Sept. 14, including stores in the Greater Toronto Area, Ottawa, Burlington and Hamilton. Ontario’s largest beer retailer has announced closure plans for 83 locations since May 2024.
B.C. cuts some dev. fees, backstopped by $250M from Feds
The B.C. government is lending a hand to the ailing homebuilding industry in the province’s most populous region, effectively slashing development charges for many projects already in the pipeline in Metro Vancouver.
Construction starts on hotel and rental tower in Vancouver
Demolition work is now well underway on the Listel Hotel Vancouver, which permanently closed in late 2024 to make way for a new highrise development featuring a modern hotel and secured purpose-built market rental housing.
GO Residential launching IPO in 'tricky market'
An American real estate company that owns luxury rental apartment towers in New York is trying to go public in Canada, with GO Residential Real Estate Investment Trust launching a US$410-million initial public offering on the Toronto Stock Exchange.
Analyzing the top 10 REITs on the TSX
Real estate investment trusts (REITs) are low-beta (a measure of volatility), interest-rate-sensitive investments and are a good choice for many portfolios. For this Number Cruncher, we look at valuations for the 10 largest publicly traded REITs in Canada.
Brookfield pays $428M for Sun Belt collection
Brookfield Asset Management (BAM-T) has completed the US$428 million acquisition of 53 light industrial assets spanning 3.6 million square feet across the Sun Belt. Stonelake Capital Partners sold the collection — which was 96 percent leased at closing.
Starbucks says leaders must relocate to either Toronto or Seattle
Starbucks Corp. is requiring some remote workers to return to its headquarters and increasing the number of days required in office. The company said that all corporate “people leaders” must be based in either Seattle or Toronto within 12 months.
Meta to spend hundreds of billions on AI infrastructure push
Meta is ramping up its investment in artificial intelligence data centre clusters, with CEO Mark Zuckerberg saying Monday it plans to spend hundreds of billions of dollars building out its AI infrastructure.
How AI tech is really changing office leasing
Corporate office occupiers didn’t know it at the time, but the pandemic gave them a head start on the artificial intelligence revolution. AI’s integration into daily workflows is pushing more occupiers into smaller, higher-quality space with a focus on collaboration.
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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