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Big Q1 spike for GTA multifamily investment: Colliers

1 week ago

Big Q1 spike for GTA multifamily investment: Colliers

Greater Toronto Area multifamily sales got off to a rousing start this year, as transaction volume rose to $569 million across 20 trades in the first quarter, a 228.7 per cent year-over-year increase.

With new VP at helm, REMAX expands focus on CRE

After joining REMAX Canada last November as vice-president of commercial, Damon Conrad is leading the effort to create a formalized commercial real estate platform for a company still best known for its network of residential realtors.

Vancouver approves controversial waterfront office tower

Vancouver city hall has given conditional approval for an office tower on the parking lot beside Waterfront Station. In the 25 years Cadillac Fairview has been trying to develop the site, it's the closest any proposal has come to fruition.

Last-mile giant UniUni to go public in $1.37B merger

Last-mile e-commerce delivery company UniUni is planning to go public by merging with a special purpose acquisition company led by Matthew Proud in a deal that would value the combined entity at more than US$1-billion ($1.37B).

Tech, AI driving office leasing in gateway cities

AI is expected to be a major growth driver for Vancouver’s tech industry and office space demand over the next decade, according to the 2026 Tech Gateway Office Markets report by CBRE Ltd.

AI disruption creates potential tailwind for real estate

OPINION: While geopolitical headlines have captured the market’s attention, 2026 has also been marked by widespread AI disruption fears. As capital fled AI-exposed equities, it moved — quietly but deliberately — into CRE and other sectors perceived to be safer bets.

Federal buildings run short of space as public servants RTO

VIDEO: Several federal departments have delayed or are considering delaying having their staff to return to office four days a week this summer due to a lack of office space.

Small Hamilton office building repurposed for housing

Designed in 1962 by architect Joseph Bronislaw Singer, 700 Main St. E. in Hamilton was once full of medical offices. It is now being converted into small apartments for independent adults who have come through the criminal justice system.

Winnipeg’s Fort Garry Hotel listed for sale

One of Winnipeg’s most recognizable landmarks, the historic Fort Garry Hotel, is being sold. The listing of the century-old hotel, spa and conference centre located at 222 Broadway in downtown Winnipeg, was announced Monday.

Brookfield Residential submits 4-tower plan for WEG lands

Major redevelopments are expected to span three adjacent office commercial properties that form what is referred to as the Wynford-Eglinton-Gervais (WEG) lands in Don Mills. 39 Wynford Dr. would introduce four mixed-use buildings ranging from 12 to 52 storeys.

Competition for tenants rises with vacancy rate in Hamilton

Rising vacancy rates mean rental companies are being forced to work harder to attract tenants. As a result, two new purpose-built rentals in Hamilton are currently offering incentives for new tenants.

CMI closes $100M facility from U.K. investor

CMI Financial Group has closed a senior financing facility of up to $100 million with U.K.-based Royal London Asset Management to grow its lending capacity for residential mortgages.

How a Canadian megafarm landed in creditor protection

Saskatchewan-born multi-generational farmer Darrel Monette spent a decade building a 500,000-acre farming empire spanning his home province, Manitoba, Alberta, British Columbia and the states of Arizona, Montana and Colorado. Monette Farms filed for creditor protection on April 20.

Slate Grocery reports rental revenue growth of nearly 12%

Toronto-based Slate Grocery REIT (SGR-UN-T), an owner and operator of U.S. grocery-anchored real estate, announced on Wednesday its financial results and highlights for the three months ended March 31. Rental revenue grew to US$59.3M in the quarter.

Blackstone drops $4B New World deal over control clash

Blackstone Inc. has walked away from a proposed US$4 billion tie-up with New World Development Co. after the embattled property developer refused to hand over the reins, people familiar with the matter said.

Brookfield JV to land $1.9B for Manhattan tower

A joint venture between Brookfield Corp. and Qatar Investment Authority has entered into an agreement to secure a US$1.9 billion refinancing loan for Two Manhattan West, a two-million-square-foot office tower within the Chelsea neighbourhood.

CRE lending reaches 5-year high as alternative funds flood in

Commercial real estate lending in the first quarter reached a five-year high, with a growing pool of capital boosting transaction volume. Alternative lenders like debt funds and mortgage REITS accounted for 53 per cent of nonagency loan closings in Q1.

Hamptons sale? Home rentals for $100,000 a week sit empty

It’s too soon to say the Hamptons are on sale, but rental rates — while still eye-popping for most — are coming down as a wave of homeowners put their properties up for rent, hoping for hefty paydays from golf fans.

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