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Cenyard buys out partner in 2 Metro Vancouver developments
Cenyard buys out partner in 2 Metro Vancouver developments
Cenyard Properties, a real estate investment, development and capital lending company, has acquired full ownership interest and control of two development properties in Metro Vancouver - in the Surrey and Burquitlam areas.
Clifton Blake-Metropolitan Commercial merge into CB Metcom
Clifton Blake has merged with Metropolitan Commercial Realty Inc. to create a rebranded firm called CB Metropolitan Commercial Ltd. (CB Metcom). CB Metcom brings to Clifton Blake an active broker network of more than 250 professionals.
Fortress Real Developments co-founders found guilty of fraud
The co-founders of now-defunct syndicated mortgage company Fortress Real Developments Inc. have been found guilty of fraud after a weeks-long criminal trial. Justice Daniel Moore delivered the verdict in a Toronto courtroom on Wednesday.
Geopolitical tensions clouding Vancouver office market
Vancouver’s office market appears to be facing an uncertain summer as the cloud of a global trade dispute with the United States creates caution in clients, according to one expert.
A breakdown of the big banks’ Q2 earnings so far
Over the past week, Toronto-Dominion Bank, Bank of Montreal and National Bank of Canada posted results that beat analyst estimates and Bank of Nova Scotia missed expectations. Royal Bank of Canada and Canadian Imperial Bank of Commerce release results today.
 | OleaDev OleaDev celebrates five years of successOleaDev proudly celebrates its fifth anniversary, marking significant milestones in commercial real estate development across Quebec and Ontario. Sponsored by: OleaDev |
Why so many Ottawa heritage buildings sit empty, decaying
There could be a ray of hope for Somerset House, one of the city’s derelict heritage buildings that was labelled by Heritage Ottawa a “poster child for demolition by neglect” after a partial collapse 18 years ago.
No one wants to buy new condos in Montreal anymore
Fewer and fewer condos are being built in Montreal and other major cities like Toronto and Vancouver. How can we explain the end of the reign of condominiums, while real estate prices continue to rise? We spoke with two economists.
Digram facing receivership on Barrie fairgrounds redev.
The sprawling 55-acre redevelopment of the old Barrie fairgrounds has been placed under receivership, jeopardizing the future of the historic site in one of the latest instances of a real estate development facing financial difficulties.
GTA subdivisions flooded by single-family home rentals
Speculators who bought in some new Toronto-area subdivisions are flooding the market with single-family homes for rent, driving down prices in an effort to cover their costs as they gamble on home prices rising again.
Developer cuts prices 25% on new condos in one-day sale
A developer in Surrey City Centre is turning to an aggressive discount strategy reminiscent of past housing downturns to attract prospective homebuyers. This Saturday, Square Nine Developments will hold a one-day flash sale for its “Belvedere” condominium tower project.
Parkland files mgmt. information circular for Sunoco takeover
Parkland Corporation (PKI-T) has filed its management information circular and accompanying materials for the upcoming meeting of shareholders in connection with the previously announced acquisition bid from Sunoco. The meeting will take place on June 24.
Real estate podcasts
Ryan Berlin, rennie: Turning challenges into opportunity, CRE Podcast
Tim Lack, Redpoint Law: Staying on the right side of CRE law, VCREP
Dr. Carolyn Whitzman, U of T: Carney’s plan to build housing, The Decibel
Sun Residential REIT unitholders approve wind-up plan
Sun Residential Real Estate Investment Trust (SRES-X) held a special meeting of holders of trust units yesterday where the two resolutions were passed regarding the selling of all of Sun's properties and the winding up the REIT.
What the tariff ruling that shook the world means to Canada
The news landed last night with a thud. The U.S. Court of International Trade declared that President Donald Trump overstepped his authority when he invoked the International Economic Emergency Powers Act to impose tariffs on dozens of countries including Canada.
REITs look at private sector to boost valuations
As economic uncertainty drags on, a group of U.S. REITs announced efforts to “explore strategic alternatives,” industry jargon that means executives are looking to boost financial performance, whether through management shake-ups, mergers and acquisitions, restructuring or an outright sale.
Major NYC landlord blames bankruptcy on high interest rate
A portfolio of rent-stabilized New York City apartments owned by Joel Wiener was pushed into bankruptcy by “sky-rocketed” interest rates and state housing law changes that restricted the owners’ ability to increase rent, court papers state.
New Jersey’s industrial sector sales lead the U.S.
New Jersey’s industrial sector continued to experience robust demand in the first quarter of this year, driven by the strong demographics of the surrounding area and bustling activity at nearby ports.
Industry Events
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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Montréal Real Estate Forum
Jun 17 2025
to Jun 18 2025
Palais des congrès de Montréal
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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