Blackstone’s take-private bid for one of the largest Canadian owners of residential and multifamily property, Toronto-based Tricon Residential Inc. (TCN-T), has received final regulatory approval and is scheduled to close on May 1.
Madison Group plans to develop four mixed-use towers on two Eglinton Avenue East sites in Toronto that would stand 58 and 61 storeys, combine to provide 2,364 homes, and offer over two million sq. ft. of space.
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