LocationsRecent Articles
Mondev to begin building multi-tower Montreal apartment complex
Mondev to begin building multi-tower Montreal complex
Seven years after it purchased three properties in Montreal’s Griffintown neighbourhood, Mondev plans to begin construction in September on the first phase of a three-phase, 750-unit multifamily development at the site.
Big drop in commercial projects drags down building permits
The value of building permits in Canada fell 4.1 per cent in March to $12.9 billion, pulled down entirely by a steep decline in non-residential construction, according to new data from Statistics Canada.
Battery recycler Li-Cycle applies for bankruptcy protection
Financially troubled Canadian battery resource recovery company Li-Cycle Holdings Corp. (LICYF-X) has filed for bankruptcy protection under the Canadian Companies Creditors Arrangement Act as it continues to seek buyers or investors to keep its international business operating.
CN Rail hub to proceed; Supreme Court appeal request denied
The Supreme Court of Canada has dismissed an appeal request that sought to halt construction of a massive rail-and-truck hub in the Greater Toronto Area, paving the way for the project to proceed.
 | Peakhill Capital Peakhill Capital launches Peakhill Project AdvisoryPeakhill Capital is pleased to announce the launch of Peakhill Project Advisory, a new division offering end-to-end project advisory, development management, and delivery oversight for real estate owners, developers, investors, and institutional clients. Sponsored by: Peakhill Capital |
8-tower community proposed at Highway 7 and 27 in Vaughan
A proposal from the Bozzo Group (Bostar Inc. & 1639326 Ontario Ltd.) envisions eight highrise towers up to 50 storeys at the intersection of highways 7 and 27 in the West Woodbridge Industrial Area, currently a low-rise commercial pocket in Vaughan.
Dual tower proposal in the Port Lands from Castlepoint Numa
Castlepoint Numa has returned with a resubmission for 115 Saulter St. S. in Toronto's Port Lands, a two-tower proposal rising to 47 and 53 storeys to the southeast of the future East Harbour station.
Slowing home construction sign: builders buying less land
Ontario’s homebuilders have slashed purchases of land for residential developments in another sign that home construction is slowing fast. In 2024, over $3.35B was spent on residential land development in the GTA, a drop of 15 per cent.
Canada's annual housing starts pace up 30% in April
CMHC says the annual pace of housing starts in April rose 30 per cent compared with March. The national housing agency says the seasonally adjusted annual rate of housing starts for April was 278,606 units, up from 214,205 in March.
Office vacancy rate decreases, foot traffic up in Winnipeg
Downtown Winnipeg and Vancouver logged the largest decreases in office vacancy rates of major cities nationally, per the Downtown Winnipeg BIZ first-quarter report. (It uses CBRE data.) The local vacancy rate was 18.2 per cent.
Controversial GTH in rival bid for new Regina Costco
The Saskatchewan government’s controversy-mired Global Transportation Hub (GTH) is back in the spotlight again. This time, it’s because Regina-based Forster Harvard Development Corp. has alleged the GTH is impeding a real estate deal with American retail giant Costco.
AC Hotel Old Montreal opens its doors
Knightstone Hotel Group and Urgo Hotels Canada have officially opened the AC Hotel Old Montreal. Nestled in one of Canada's most iconic and historic neighborhoods, the hotel offers 124 rooms and suites.
Real estate podcasts
David Greek, Greek RE Partners: Brownfields are having their moment, CP Executive
Rod McKay, William Wright: Could a 1031 exchange fix RE gridlock? VCREP
Dean Orrico, Middlefield: REITs, retail and real returns, CRE Podcast
Dick's Sporting Goods to buy Foot Locker for $2.4 billion
Dick's Sporting Goods has agreed to buy smaller rival Foot Locker for US$2.4 billion, the second major footwear deal this month after the buyout of Skechers, as U.S. retailers look to navigate a tough demand landscape.
Blackstone venture sells $395 million of signature property debt
A joint venture that includes Blackstone sold roughly US$395 million of CRE loans tied to New York area properties. The buyer, Bayview Asset Management, purchased the portfolio at a slight discount, according to people familiar with the matter.
Miami office prices remain elevated as development levels off
Miami’s office sector started off the year with strong key metrics. While high vacancy rates have spread across most U.S. markets, the Magic City recorded the lowest figure among the top 25 markets in the U.S. in Q1.
Office REIT Franklin Street searches for potential buyer
A Massachusetts-based office REIT is considering selling itself or its properties after a Q1 earnings miss further weighed down its battered stock. Franklin Street Properties announced a review of strategic alternatives that could include the sales.
Industry Events
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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Land & Development
Jun 05 2025
Metro Toronto Convention Centre - North Building
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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