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In tough market, Rebecca Condos offer innovative incentives
In tough market, Rebecca Condos offer innovative incentives
As condo sales continue to languish, developer Rosehaven Homes and brokerage In2ition Realty are offering a program that provides financial security and minimizes risk for investors to kickstart more sales at The Rebecca Condos in Hamilton.
Vancouver office-to-hotel conversion nears completion
Kalido Hospitality Group has converted three floors of vacant former Vancouver office space into serviced hotel apartments in one of the city's first office-to-residential conversions. Smithe House also adds inventory in a market starved for more hotel rooms.
Cracks form in RioCan and Hudson’s Bay JV over unpaid rent
When joint ventures between large companies turn sour, it's very often over money and one party not carrying its weight. It appears that the partnership between RioCan REIT (REI-UN-T) and the Hudson's Bay Company has reached that point.
Baker’s mastery of CRE deals wasn’t enough to save HBC
OPINION: Landlords who rent to Hudson’s Bay Co. governor Richard Baker share a view of their anchor tenant: He’s a clever real estate investor, but a terrible department store operator.
Iconic Canadian retailer crown passed to North West Co.
Spun off from HBC in the late 1980s, when the parent company needed cash, North West Co.’s chain of Northern stores — in many of the same communities its progenitor operated in — were profitable then and have remained profitable now.
Canadian retail sector shows resilience: JLL
The Canadian retail sector continues to show remarkable resilience and growth, despite ongoing economic challenges, according to Trevor Thomas, executive vice-president at JLL. Retail sales remain robust, with Canadians continuing to spend on both legacy and new brands.
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The real reason behind Toronto’s giant, empty offices
As gridlock grinds Torontonians down, businesses are trying to lure talent with the best office spaces and the smoothest commutes. It’s a shift that’s driving companies out of aging office space and leaving some eye-wateringly expensive developments largely empty.
Is the spring housing market ‘dead on arrival’ amid tariffs?
Spring is typically the time of year when activity in Canada’s housing market heats up, but this year’s spring housing market appears to be dampened by the threat of U.S. President Donald Trump’s tariffs.
Multi-tower proposal recommended for approval in Cooksville
A revised multi-tower proposal in the Cooksville area of Mississauga is being recommended for approval by city staff. The proposal from Mattamy Homes and Doracin Terra Strategies Ltd, operating as Equity Three Holdings, features four towers rising to 39 storeys
Landa acquires Granville St. townhome dev. site in Vancouver
Developer Landa Global Properties has closed on the acquisition a 23,000-square-foot site at 7576 Granville St. in Metro Vancouver for approximately $10.6 million, where it will redevelop the former single-family lots into a collection of townhomes.
A first look at Edmonton's new events district
OEG Sports & Entertainment has unveiled conceptual designs for the next phase of development in the Ice District, set to bring a first-of-its-kind event park to Edmonton and develop the Village at Ice District, a new residential mixed-use community.
Delays possible at St. Thomas VW plant, analysts say
The bankruptcy of a Volkswagen partner in electric vehicle battery production will not threaten the automaker’s St. Thomas investment, industry experts say, but it demonstrates increasing volatility in the sector and the $7B plant may face delays.
Canada’s annual inflation rate jumps to 2.6%
Mortgage interest costs were up nine per cent year-over-year while rent was up 5.4 per cent. However, the monthly gains were relatively small and the yearly pace of shelter inflation was the slowest since 2021.
Airbnb urges Montreal not to ban some short-term rentals
Airbnb is warning the city of Montreal that it will suffer economically if it goes ahead with a proposed ban on some short-term rentals. In a statement issued Monday, the short-term rental giant called the rules “poorly thought out.”
Canadian farmland values rise 9.3%, but rate slows
Average Canadian farmland values continued their more than 30-year streak of increases last year, but Farm Credit Canada says the rate of growth is slowing and trade disruptions could further dent them.
RXR loses 340 Madison Ave. to lender at auction
Barings is the new owner of a Midtown office tower after placing the only bid at a foreclosure auction. RXR lost the 22-storey tower at 340 Madison Ave. after defaulting on a US$315-million mortgage.
U.S. homebuilder sentiment drops to seven-month low on costs
Confidence among U.S. homebuilders slid this month to the lowest level since August, dragged down by worry over tariffs, higher construction costs and economic uncertainty heading into the spring selling season.
Forever 21 files for bankruptcy, will close 359 stores
F21 OpCo, the owner of the Forever 21 U.S. brand license and operator of 359 stores across the U.S., filed for Chapter 11 bankruptcy protection in Delaware over the weekend while announcing its plan to shutter all of its locations.
Corporate real estate compensation keeps rising
U.S. corporate real estate professionals have again seen increases in their compensation, according to a CoreNet Global survey conducted in the third quarter of 2024. A total of 78 per cent of participants reported base salary growth in 2024.
Industry Events
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Canada Real Estate Auctions
Apr 01 2025
to Dec 31 2025
Canada
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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Sep 15 2025
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Halifax Convention Centre
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