Recent Articles
Slate, JLL partner to launch JLL Asset Beacon
Slate, JLL partner to launch JLL Asset Beacon
Slate Asset Management has partnered with JLL to enhance a technology platform the Toronto-based alternative investment company has been using for over a decade and is now marketing to other real estate professionals.
Harlo Diversified Canadian Real Estate Trust seeks investors
Harlo Diversified Canadian Real Estate Trust fund's management plans to incorporate a range of strategies into the new open-ended vehicle, with an eye to raising up to $100 million in equity in their initial call for investors.
The Industrial Real Estate Show Due diligence, Part II: Deep dive into ESA Phase II'sChad GriffithsPartner, NAI Commercial |
Brightstone preps to build 5 new GTA housing projects
Few developers have introduced themselves like Brightstone Developments did in July 2021 with Fairfield Towns — its inaugural Etobicoke-based project that it built before selling. The Toronto-area homebuilder is now set to launch projects in Oshawa, Richmond Hill, Mississauga and Oakville.
Massive retirement community build underway in Nova Scotia
From a single nursing home in 1988, Shannex has grown to more than 70 residences, but Jason Shannon says none of them compare to Bloomsbury, currently under construction in Bedford, N.S. When it’s complete, Bloomsbury will cater to 2,000 residents.
BTG Realty Advisors Inc. Shovel-ready Port Credit development site for saleBTG Realty Advisors Inc. has listed for sale 128 Lakeshore Road East, a prime shovel-ready development site prominently located in the heart of the affluent and picturesque Port Credit neighbourhood in Mississauga. Sponsored by: BTG Realty Advisors Inc. |
Onni urged not to drop office element in 7-tower B.C. project
A developer proposing to build seven towers on the border of Coquitlam and Burnaby, near Coquitlam College campus, cut out all office space in its latest drawings presented to council this week.
Burnaby finally approves transit-oriented dev. policies
The City of Burnaby, already home to some of Metro Vancouver’s largest transit-oriented developments, has finally moved to comply with the government of British Columbia’s transit-oriented development legislation. Burnaby City Council quietly approved the legislation on Monday.
Home builders are only part of the solution to housing crisis
Canada’s affordable housing crisis is a complex issue driven by a multitude of factors that include high inflation, rising interest rates in recent years, a rapidly growing population and simply not enough homes that fall within the definition of affordable.
What’s next for Ontario’s controversial MZOs?
Critics of minister’s zoning orders (MZOs) are cautiously optimistic the auditor general’s report, which found the orders were often approved without clear rationale and showed “the appearance of preferential treatment” for some developers, will make the process more transparent.
Ontario re-evaluates steps for land use change
Ontario developers may be freed from one of the complicated steps of securing approval for a land use change with proposed new legislation that would strip municipalities of their ability to request a record of site condition in specified circumstances.
Strong support for bringing back Toronto's corner stores
OPINION - An online survey conducted by city hall’s planning department over the summer found that 90 per cent of respondents would like more small retail shops in their neighbourhood. Here’s the problem: in Toronto, corner stores are illegal.
Dollarama accelerates growth plan to 2,200 stores by 2034
Dollarama (DOL-T) plans to build even more stores in Canada, hiking its long-term growth target to reach 2,200 locations by 2034. The Montreal-based discount retailer currently operates 1,601 stores across the country.
T&T: From niche grocer to supermarket giant
Canada’s biggest Asian grocery chain is expanding into the U.S., hoping to bring its patented array of food, skin care and more to a new market. On Thursday, Bellevue, Wash. will be home to T&T’s 37th store.
Edmonton's getting a new 21-lane bowling alley
A new bowling alley will strike Edmonton’s northside at Christy’s Corner shopping centre next fall. It will be the first Splitsville Entertainment location in Edmonton and marks a growth spurt for the company, from six locations in 2022 to 16.
New JV targeting $1B in multifamily aims to be 'early movers'
Michael Betancourt sees a wave of multifamily deal volume on the horizon. His firm, Aion Partners, has assembled a new joint venture with a Goldman Sachs subsidiary and an unnamed global institutional investor to get in front of it.
TF Cornerstone, Dune Real Estate form $1B venture for office conversions
With the rate of office-to-residential conversions accelerating, a new venture has formed with plans to pursue US$1B of the notoriously complex developments. Dune Real Estate Partners and TF Cornerstone formed Alta Residential to target buildings in transit-oriented neighbourhoods.
Blackstone refinances debt for luxury NYC condo tower
Blackstone Inc. (BX-N) is refinancing US$550 million of municipal debt for 8 Spruce St., a 76-storey residential tower in downtown Manhattan which was designed by famed architect Frank Gehry.
Wells Fargo to sell San Francisco headquarters, stay in city
Wells Fargo is looking to sell its headquarters building in San Francisco as it shifts to other offices less than a half-mile away. The fourth-largest U.S. lender's building could be put on the market as soon as this month.
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