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GWLRA apartment strategy focused on 'long-term' investment

2 days ago

GWLRA apartment strategy focused on 'long-term' investment

When GWL Realty Advisors (GWLRA) builds new purpose-built rental developments like Montreal's Le Livmore Ville-Marie, it stresses to its construction teams that they’re meant to last says John Bannock, the firm's vice-president, development.

Population growth puts Edmonton in real estate spotlight

The fastest population growth in more than 20 years and a diversified economy are driving Edmonton’s real estate market to new heights. Residential assets lead the way, with knock-on effects for retail and industrial.

Cortel proposes 19 towers by future Concord GO in Vaughan

Towers rising to 48 storeys could soon redefine a vacant industrial site along Highway 7 in Vaughan. A Cortel Group proposal would bring 19 mixed-use towers across five blocks in the Concord area.

Two-tower proposal for downtown Vancouver's West End

Vancouver-based Chard Development has submitted a new rezoning application to redevelop 1045 Haro St. and 830-850 Thurlow St. The proposal calls for two towers of 26  and 25 storeys, on a shared eight-storey base podium.

The Montréal of the Future® 2025 exhibition

Cities of the Future Management is pleased to present the ninth biennial edition of the architectural and urban development event entitled THE MONTREAL OF THE FUTURE® at the World Trade Centre of Montreal, from September 24 to 29, 2025.

Sponsored by: Cities of the Future Management

Condo prices in the suburbs are cratering

Canada’s condo market has taken a beating recently, but nowhere more so than in the suburbs. Prices in communities surrounding Toronto such as Halton Hills, have plummeted by more than 50 per cent from their peak.

Receivership over new build marks Kaleido’s third in 4 years

Vaughan-based Kaleido Developments has found itself caught up in its second and third receiverships in under four years, according to new filings from the Ontario Superior Court of Justice. Both receivership orders were initiated by Romspen Investment Corporation.

Carbon Upcycling integrates carbon capture into cement plant

Carbon Upcycling Technologies has achieved what it says is a Canadian first, by integrating its carbon-capture technology into an operating cement facility in Mississauga. Last week, the Calgary-based company broke ground on Carbon 1 Mississauga.

Manitoba agricultural firm building two new facilities

In a late celebration of new ownership, a Manitoba-grown agricultural company has sunk shovels into the ground in Brandon and Russell, Man. AgWest Ltd. is building identical 20,000-sq.-ft. facilities in the two communities.

Real estate podcasts

Ted Davis, Avison Young: Navigating cycles, CRE Podcast
Robin Kelley, Groupe Denux: Behind the multifamily industry, VCREP
Michael Waters, Minto: Leadership and market insights, CRE Library

GFL’s infrastructure arm, GIP, sells $775M stake

The infrastructure arm of Canadian waste management company GFL Environmental Inc., Green Infrastructure Partners (GIP), is bringing on a new private equity investor in a deal that will return some cash to existing shareholders and also provide funds for acquisitions.

Altea Active seeks to sell Winnipeg property, rent it back

A mammoth south Winnipeg fitness facility - including skating treadmill, ninja course and Himalayan salt lounge - has hit the market six years after being built. Agents listed the nearly 80,000-square-foot Bridgwater-area gym Altea Active as a 30-year sale-leaseback.

Apple to boost U.S investment by $100B over 4-year period

Apple CEO Tim Cook joined U.S. President Donald Trump at the White House on Wednesday to announce a commitment by the tech company to increase its investment in U.S. manufacturing by an additional US$100 billion. 

Owner of landmark Manhattan skyscraper closes on $1.3B loan

The Durst Organization has sealed one of 2025's largest Manhattan office loans for a landmark Times Square skyscraper. Durst closed a US$1.3B commercial mortgage-backed security on One Five One, a 48-storey, class-A office building. 

In U.S. CRE finance, motivation has replaced procrastination

OPINION: Despite the challenges of the first half of 2025 in commercial real estate finance, it now seems the market tone is clear and the tenor motivated, with transaction pace increasing at a steady clip.

Vornado looks to sell Chicago, San Francisco assets, to focus on NYC

A series of large deals has put Steven Roth in a New York state of mind. In a call with investors Tuesday morning, the Vornado Realty Trust chairman and CEO boasted about being a “90 per cent New York-centric company."

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