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Lankin Investments expands apartment portfolio

3 days ago

Lankin Investments expands apartment portfolio

After acquiring towers at 2 and 4 Silver Maple Ct. in Brampton in May, Lankin Investments has completed the triumvirate with the $115-million purchase of a 23-storey, 339-unit apartment building at 6 Silver Maple.

Canada’s private vs. public investment gap

All levels of government in Canada have made getting things built a key resolution for 2026 but new private-sector oriented building construction in the three categories of warehouses, factories and office buildings largely has flatlined.

Ten tallest buildings to join the Toronto skyline in 2025

Toronto's once red-hot real estate market has cooled to a frigid chill, but preconstruction condo sales from before the current bust continued to fuel the city's rampant skyline expansion in 2025.

Remote work option ending for tens of thousands of workers

The new year brings big changes to the rules on in-office work for many employees across the country — including tens of thousands of provincial government staff in Ontario and Alberta, who will soon be required back in the office full-time.

Great Canadian Entertainment is offloading its B.C. casinos

Heavily indebted from a private-equity takeover, Great Canadian is selling off most of its B.C. casinos with Vancouver Island's Snuneymuxw First Nation taking over the core of its assets, including signature Vancouver Casino and River Rock Casino Resort properties

Massive purpose-built film and TV studio opens in Vancouver

Bridge Studios has opened Lake City Studios — a 1.3-million-sq.-ft. complex on a 19-acre site at 3333 Lake City Way that now stands as the largest purpose-built film studio facility in North America, according to its architects.

Intelcom takes advantage of Amazon's departure in Quebec

Intelcom, one of Amazon's main subcontractors in Quebec, had a lot on its plate in 2025. A few months after acquiring a huge sorting centre in Montreal, the company opened another even larger one in Laval.

2025 was anything but a quiet year at 'La Caisse'

The Caisse de dépôt et placement adopted a new name in summer 2025, La Caisse. CEO Charles Emond explained to the Journal that he wanted to put an end to the "anonymous acronym" CDPQ, which was often "scraped" abroad.

Where is the Canadian housing market headed in 2026?

Canada survived Year 1 of the second Trump presidency mostly intact economically, and fully intact sovereignly. What about Year 2? Economists and analysts picked these seven trends to watch for the housing sector.

The year Toronto’s condo boom went bust

Toronto's condo-building industry is on track for its worst year on record. But the consequences won't fully hit for another two years, when the city is at risk of an even more severe housing shortage.

Wesgroup starts construction on B.C. condo tower

Earlier this month, Wesgroup Properties began construction on 1 Market Square — the first strata market ownership condominium tower in its Inlet District master-planned, high-density neighbourhood. Buoyed by unusually strong pre-sales, this project is moving forward despite the challenging real estate market.

RECO drops non-disclosure agreement for iPro payments

RECO has announced the dropping of controversial clauses in paperwork sent to realtors awaiting commission payments from collapsed brokerage iPro Realty. It is another sign of relief for thousands of realtors whose livelihoods have been affected by the collapse of iPro.

Toronto City Council sends 12 settlements to OLT

Twelve settlements headed to the Ontario Land Tribunal (OLT) along with related directions for city staff were adopted by Toronto City Council at its December, 2025 meeting, advancing a mix of development and policy matters across the city.

$10 property sale in N.S. makes way for $13.5M project

Yarmouth Town Council has approved the sale of the former provincial tourist bureau property in downtown Yarmouth to Halifax-based developer GCORP for $10. In return, the town will get a $13.5-million commercial and housing development.

Developer wins appeal and costs from Halifax over delays

Halifax Regional Municipality has been ordered to pay costs to Hazelview Investments after losing an appeal. Hazelview said HRM got in the way of their July 2024 start date for a housing projecton Cowie Hill Road. 

Surrey pilot streamlining housing applications is extended

The City of Surrey is extending a pilot program aimed at getting housing built even quicker. Council recently endorsed extending the program that streamlines the pre-application process for development applications.

Summit to buy 5,000 apartments out of bankruptcy for $451M

Real estate owner and operator Summit Properties USA agreed to buy a portfolio of more than 5,000 New York City apartments placed into bankruptcy by Pinnacle Group, according to new court filings.

Saks weighs Chapter 11 after missing $100M interest bill

The parent company behind Saks Fifth Avenue and Neiman Marcus is struggling to stay on the top side of the K-shaped economy. Saks Global is preparing to file for Chapter 11 bankruptcy in the coming days.

Warner Bros. plans to reject Paramount offer next week

Warner Bros. Discovery Inc. plans to once again reject a takeover bid from Paramount Skydance Corp. after the rival media company amended the terms of its offer, according to people familiar with the company’s thinking.

Is 3D concrete printing commercial construction’s new frontier?

3D concrete printing is being touted as the wave of the future for U.S. commercial building developments as the process moves beyond one-off pilots into full-scale commercialization for retail giants.

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