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Grosvenor gets $763M CMHC loan for Burnaby rental towers
Grosvenor gets $763M CMHC loan for Burnaby rental towers
Grosvenor announced on Tuesday a massive loan from the CMHC that will be used to construct 50- and 60-storey, purpose-built rental towers at the Brentwood Block development in Burnaby, in Metro Vancouver.
Sense of trepidation in Ottawa's office market
Two key sectors have driven the Ottawa and National Capital Region office market over the past several decades, the federal government and the tech industry. Questions about both were front and centre during the 2025 Ottawa Real Estate Forum.
Developers struggle to fill GTHA purpose-built rentals
Owners of recently completed rental projects in the Greater Toronto and Hamilton Area are finding it’s taking longer than ever to “lease up” empty buildings – a level generally considered to be 95 per cent rented.
Stellantis backtracks on plans to build Jeep model in Ontario
Stellantis announced Tuesday it will invest US$13 billion over the next four years to expand its manufacturing capacity in the U.S. — a move that will take production of one model out of Ontario.
Creo's Morrison Walk offers 'tax rebate' to homebuyers
Creo Developments is borrowing a page from the federal government, offering its own "tax break" for first- and second-time homebuyers at its Morrison Walk community in northern Vancouver.
Gov't launches new modular housing program at Downsview
The federal government will use Toronto’s Downsview Park neighbourhood as a test case for its big bet on modular housing. New funding to build 540 homes on the grounds of the former Canadian Forces base was announced yesterday.
Downsview redevelopment setting a course for new urban life
OPINION: Too much empty space is bad for a city. Northcrest Developments is remaking the Downsview Airport lands into a new district called YZD, converting the remnants of aviation into a framework for civic life.
Details on housing dev. charges expected in federal budget
The office of federal Housing Minister Gregor Robertson says the Liberal government remains committed to cutting municipal development charges in half, after the minister was vague about fulfilling the promise at a news conference in Toronto on Tuesday.
Building-boom ambitions meet economic headwinds in B.C.
The federal government’s goal to double housing construction in Canada is being debated by B.C. economists, with some saying it’s doable under the right conditions and others saying it’s a pipe dream.
Ten charts on Canada's complicated housing markets
Back in early 2022, housing markets – no stranger to bouts of euphoria – were riding a rally with little precedent. The representative national home price hit $837,400 in February that year, an increase of 58 per cent in three years.
Deep Sky plans $500M carbon removal site in Manitoba
Deep Sky has unveiled plans for a $500-million carbon removal site in southwest Manitoba that will be one of the world’s largest upon completion, capable of drawing down large quantities of the greenhouse gas.
Andriani to open new London, Ont. production plant
Andriani S.p.A. Benefit Corporation (Andriani), an Italian producer of gluten-free and plant-based foods, is set to open its first North American production facility in London on Oct. 22. The 61,225 square-foot, state-of-the-art plant represents a $55M investment.
Edmonton retail market shows strength amid changing trends
Retail fundamentals in Edmonton remain resilient despite shifting market dynamics, according to a report from Avison Young. "Demand for physical storefronts has strengthened as the rapid growth of e-commerce begins to level off," said the report.
Harry Rosen reimagines its brick-and-mortar offerings
Menswear retailer Harry Rosen is opening a reimagined store in First Canadian Place. The renovation is the first major milestone in the company's $50 million, multi-year program to modernize its retail experience across the country.
CEO Tina Lee is the first T in T&T Supermarkets
Tina Lee, the 45-year-old CEO of Canada’s largest Asian grocery chain, with 38 stores across North America, is guiding the company through a major expansion. The company plans to open nine new stores over the next two years.
New owners for Quebec recreational tourist resort
The Mont Adstock recreational and tourist resort in Chaudière-Appalaches is changing hands and becoming the property of Robko Aventures. Robko Adventures has committed to investing $6 million over the next five years.
BlackRock, Nvidia consortium to buy Aligned Data Centers for $40B
An investment consortium that includes BlackRock, Nvidia and Microsoft will acquire Aligned Data Centers in a deal worth US$40-billion, the companies said on Wednesday. Aligned designs, builds and operates data centres for hyperscalers, the neocloud and enterprises.
Derby Lane racks up $1.8B for one of biggest real estate debuts
Adam Piekarski, who was previously co-head of the real estate credit business at BDT & MSD Partners, lined up US$1.8 billion in commitments for his new firm, Derby Lane Partners, making it one of the largest sector launches ever.
Discounted off-ramp for Starwood REIT shares stuck in redemption queue
A California-based firm is looking to help Starwood Capital Group clear its nearly $1B backlog of redemption requests for its nontraded REIT — for a price. Starwood’s nontraded REIT first limited redemptions in late 2022.
Mapped: Multifamily cap rates across 30 U.S. markets
It would take a multifamily buyer roughly 26 years to make their money back on a property acquisition in San Francisco at today’s pricing. In Fort Lauderdale, Fla., the breakeven time shrinks to 16 years.
Industry Events
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BUILDEX Alberta
Oct 22 2025
to Oct 23 2025
BMO Centre at Stampede Park, Calgary
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Calgary Real Estate Forum
Oct 29 2025
BMO Centre Expansion, Stampede Grounds
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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