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National

Altus Group CEO Jim Hannon steps down, Mike Gordon returns as CEO

Don Wilcox Commercial Executives National Nov. 6 2025

Altus Group Limited (AIF-T) has announced the immediate departure of its chief executive officer and director Jim Hannon, and that board chair Raymond Mikulich will step down from that role but remain with the company as a director.

Cap rates: The most famous (and misunderstood) number in commercial real estate

Volodya Gusak Commercial Cap Rates National Nov. 4 2025

A calculator can give you the answer, but it can’t teach you the math. A few years ago, a broker closed a shopping centre sale at a six-per-cent cap rate. To the buyer, it had looked like a steal.

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