REALPAC sheds light on massive closed-end funds sector

REALPAC sheds light on massive closed-end funds sector

Closed-end funds are the deep sea creatures of the real estate world. Somewhat mysterious, rarely catalogued or reported on. REALpac has shed some light on the murky sector with its inaugural closed-end fund survey.

Read more

Downtown Toronto office market will remain tight

Downtown Toronto’s office building boom shows no signs of slowing down, which is a good thing for companies looking for lots of space and having difficulty finding it. “Downtown Toronto has seen remarkable growth over the past few years, and has performed well since the financial crisis,” said Cushman & Wakefield national director of research Stuart Barron.

Read more

Firm Capital seeks new CEO, direction for U.S. unit

In what is expected to be a short-term appointment, Robert McKee has been named interim president and chief executive of Firm Capital American Realty Partners Corp. (TSXV: FCA.U). It’s another Firm Capital corporate hat for McKee to wear as he is already president and CEO and trustee of Firm Capital Property Trust as well as the CEO, Real Estate for the Firm Capital Organization.

Read more

Montreal’s Le 1500 earns LEED EB:O&M certification

Ivanhoé Cambridge’s Le 1500 has cemented its place as one of the most energy-efficient office buildings in Montreal with a LEED Existing Buildings: Operations & Maintenance (EB:O&M) certification from the Canada Green Building Council to join its BOMA BEST Platinum certification.

Read more

Hotel investing and Euro Pain & Gain: Timbercreek – Part 2

Corrado Russo, Timbercreek Asset Management’s senior managing director, investments and global head of securities describes the Trump win as “a positive surprise” for real estate generally in the U.S. Trump’s promise of stronger economic growth, if it comes as advertised, will see the ‘largest benefit” go to the hotel sector.

Read more

Six months ago: Crestpoint on buying spree in 2016

Crestpoint Real Estate Investments Ltd. has completed five significant acquisitions so far this year, boosting the value of the five-year-old company’s Canadian commercial real estate portfolio to approximately $2.5 billion. “We look for core assets with steady income and we also look for assets with both short-term and long-term upside,” said Crestpoint founder and president Kevin Leon.

Property Biz Canada

One year ago: Time ripe for Canadian investment: Sahi

Despite a stumbling economy, Morguard Corporation chairman and chief executive officer K. Rai Sahi has his sights firmly set on Canada. “The current economic environment in Canada is challenging,” Sahi said. “There are significant variables that make predicting 2016 extremely difficult.

Property Biz Canada

	RENX has surpassed 9,670 Twitter followers
	Follower Umber Realty Inc. provide virtual reality home walkthroughs that are the future of real estate – leading the way.
	Follow RENXca, the most comprehensive news feed on Twitter for Canadian real estate professionals.