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A big year for seniors housing investment: 2026 to be even better

2 days ago

A big year for seniors housing: 2026 to be even better

Real estate investors are eagerly snapping-up seniors housing assets across the country as rising demand from an aging population combined with a shortage of new developments is pushing up profitability, brokers say. 

Is the parking spot dead in Toronto?

Buildings in Toronto are including fewer and fewer parking spaces, with some not featuring any spots for residents — a trend experts expect to continue. It can cost a developer up to $120,000 to build a single parking space.

$12.9B Swiss-backed data centre plan in Alberta

A data centre project in Alberta that’s backed by European firms has the potential to be worth as much as $12.9 billion (€8 billion) over the next several years, says the head of one of the companies involved.

Minto Apt. REIT to be taken private in $2.3B transaction

Crestpoint Real Estate Investments Ltd. and Minto Group are teaming up to acquire and take Minto Apartment Real Estate Investment Trust (MI-UN-T) private in an all-cash transaction which values the REIT at approximately $2.3 billion.

Office properties set for comeback in Western Canada

CRE is entering the new year as the asset type to watch. Retail investment activity remains strong and office space is also seeing renewed interest as private investors swoop in to acquire properties given an ongoing pause in construction.

Groupe Mach is tackling its empty offices

Faced with vacant commercial spaces and a housing crisis, Groupe Mach is embarking on the conversion of its unoccupied offices into apartments. The first project: its building on the Lachine Canal, formerly used as Airbnb offices.

Ontario public servants back in the office this week

Ontario Public Service workers will return to the office full time this week, over the objections of public sector unions who say the government’s return-to-work mandate is a poorly thought out slap in the face to workers.

La Caisse CEO says fund has big infrastructure pipeline

Institutional investors and the Canadian government are finally on the same page and ready to push ahead with multi-billion-dollar projects in priority areas such as infrastructure, critical minerals and housing, says Charles Emond, CEO of La Caisse.

Calgary developer giving new retail purpose to old homes

Since 2018, Leonard Development Group has been repurposing single-family homes into small retail spaces along 34th Avenue. Its first property was the Gardenia Flower Boutique, with the Henry Block, once a four-plex, following later.

How Canlan grew from a single rink into a sports giant

Oshawa-born CEO Joey St-Aubin has grown Canlan to 47 ice surfaces, 10 indoor soccer fields and 10 hard courts across North America. St-Aubin’s playbook includes strategic surface planning and focusing on data-driven decision-making. 

Aritzia weathers a rough patch to emerge stronger than ever

Since being founded as a single Vancouver store in 1984, Aritzia has grown into a global retail phenomenon, with more than 140 stores in the U.S. and Canada, a thriving e-commerce business and $2.7 billion in annual net revenue. 

NOTL waiving nearly $1M in dev. fees for controversial hotel

A planned hotel in picturesque Niagara-on-the-Lake, Ont., has drawn the ire of some local residents who say they’re concerned about the impact of the project and how the developer and town have been handling it.

SmartCentres updates on Penguin Group discussions

The board of trustees of SmartCentres REIT (SRU-UN-T) has provided an update regarding five-year arrangements between the trust and Mitchell Goldhar, executive chairman and CEO of SmartCentres and owner of Penguin Group of Companies.

Worry over large private developers entering social housing

The intention of three major real estate developers – Groupe Mach, Cogir Immobilier and Groupe Devimco – to build 2,500 housing units for the homeless in Montreal, revealed in November by La Presse, has captured the public imagination. 

UVic moves to develop housing around campus edges

A 40-acre piece of vacant land on the edge of the University of Victoria campus could eventually be home to a community hub with up to 3,800 housing units, along with businesses and services.

Falling GTA homes prices could wipe out six years of gains

Two of Canada’s leading real estate companies are forecasting price declines for the Toronto market until the end of 2026. These unheard-of projections for brokerages that wish to boost sales indicate the dire situation the market is in. 

Oxford, Related secure $1.6B construction loan for office building

Related Cos. and Oxford Properties Group secured a US$1.6 billion construction loan and lined up more equity investors for Manhattan’s 70 Hudson Yards, a skyscraper that will serve as Deloitte’s U.S. headquarters.

Brookfield Infrastructure, GATX complete $4.2B rail asset purchase

GATX Corporation announced the closing of the acquisition of Wells Fargo’s rail operating lease portfolio. The acquisition was completed through a joint venture with Brookfield Infrastructure Partners and its institutional partners.

Saks in talks for $1B bankruptcy loan to keep doors open

Saks Global Enterprises is looking to line up a loan of as much as US$1 billion to keep the business running as part of a Chapter 11 bankruptcy filing that could happen in coming weeks.

The 12 deals and trends that defined 2025 in U.S. CRE

The U.S. CRE industry was whipped around by tariffs and a new president rapidly rewriting policy in 2025. There were flat stretches but in the end, there was the exhilaration of three interest rate cuts and the beginning of deal recovery.

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