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Calgary

Sunray Group buys 4 Ontario, Alberta hotels for $76.7M

Steve McLean Commercial Hotels and Resorts National Mar. 7 2024

A continuing recovery from the lows of the COVID-19 pandemic and strong fundamentals in Canada’s hotel industry are behind Sunray Group’s acquisition of four Ontario and Alberta hotels in recent weeks.

RioCan buys 50% stake in downtown Calgary apartment tower

Mario Toneguzzi Commercial Transactions Calgary Mar. 1 2024

RioCan Real Estate Investment Trust (REI-UN-T) continues is expanding both its growth strategy and its residential real estate portfolio with the acquisition of a 50 per cent interest in The Underwood residential and mixed-use high-rise in Calgary.

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