Cadillac Fairview has launched its first residential rental project in Calgary, part of its strategy to further diversify its real estate portfolio. Cadillac Fairview has owned the 61st Avenue property for more than a decade, president/CEO Sal Iacono said.
Despite the state of the Toronto condo market, values are still much higher than seven years ago. As a result, Tridel and the court-appointed monitor for One Bloor West are seeking to cancel existing presale agreements, according to court filings.
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