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Dream restructures Quayside venture, wholly owns Phase I multifamily
Dream restructures Quayside, owns Phase I multifamily
Dream Impact Trust (MPCT-UN-T) and its development partner in the Quayside Impact Limited Partnership have restructured ownership of Phase 1 of the massive, multi-tower Toronto waterfront project. Dream entities now wholly own the multifamily component.
GO Residential buying US$380M of Manhattan multifamily
GO Residential REIT (GO-U-T), registered in Toronto, has agreements to acquire three multifamily properties in Manhattan for $380.5 million (all figures US), which would amount to adding over 600 units and 533,000 square feet to its portfolio.
Padder secures $2.5M funding for renter guarantor platform
EXCLUSIVE: Padder Underwriting Inc., a Toronto-based startup, plans to expand its insurance-backed guarantor model across Canada’s rental markets and focus on product development after raising a $2.5-million seed funding round.
Are Canadian REITs finally turning the corner?
The past two years of prolonged, heightened interest rates have caused some parts of the market to struggle more than others. Canadian real estate investment trusts were hit especially hard, thanks in part to their capital-intensive business models.
Privatizations of Canadian public companies spike again
More than a dozen Canadian companies were plucked out of public markets last year, new analysis shows, extending a spike in privatizations from 2024 in the wake of a continuing decline in the number of publicly listed businesses overall.
Northwest updates strategic initiatives, changes name
Northwest Healthcare Properties REIT (NWH-UN-T), a global investor and operator of healthcare infrastructure assets, has issued an update on its portfolio repositioning strategy and capital initiatives, and announced a corporate name change to Vital Infrastructure Property Trust.
Westbank's woes cited in text messages, court filings say
Westbank founder Ian Gillespie appears to have acknowledged in text messages last year that some of his company’s signature projects were not profitable, behind schedule, over budget or struggling to sell units, according to court filings from a former executive.
B.C. business leaders call for scrapping of PST expansion
A coalition of B.C. business leaders is urging the provincial government to scrap the proposed PST expansion in Budget 2026, warning it will increase costs for businesses, slow investment and worsen housing affordability.
Mattamy, Truman to develop 1,900 Calgary-area homes
Mattamy Homes and Truman are partners once again, teaming up this time for a large master-planned community in Chestermere, just outside of Calgary. Spanning 253 acres, the development is expected to be ready for the first move-ins by 2029.
Toronto approves QuadReal’s Cloverdale redevelopment
QuadReal Property Group is set to transform a 29.7-acre mall site into a mixed-use community. Toronto City Council approved a master plan for over 5,500 homes across 10 towers, along with retail space, childcare facilities and public streets.
Developer says two extra storeys were 'a misunderstanding'
A developer built two extra and illegal storeys on a Dartmouth apartment building. Halifax Regional Council staff, worried about setting a precedent, are advising council to order the developer to rip the extra floors down at its own cost.
Canada's housing market hardest hit of major economies
Canada’s residential housing market has experienced the largest decline in housing prices among similar advanced economies, according to the Bank for International Settlements (BIS). House prices in Canada, adjusted for inflation, fell five per cent in the third quarter from a year earlier.
Defence investing $3.5B to build 7,500 new homes
The Department of National Defence has announced the second phase of its housing construction program to build homes for Canadian Armed Forces members and their families, bringing the total number of units planned under the program to 7,500.
Canadian industrial absorption jumps in Q4: CBRE
According to CBRE’s Q4 2025 Canada Industrial Figures, industrial absorption rose. The report states the national net absorption of industrial space jumped in the quarter to 5.9 million sq. ft.
Surrey sets aside $200M for new 10,000-seat indoor arena
The City of Surrey is looking to make a major capital contribution of almost $200 million toward the cost of building its 10,000-seat indoor arena in Surrey City Centre.
Amazon to spend $12B building Louisiana data centres
Amazon plans to spend US$12B on a series of data centres near Shreveport, La., it announced Monday. The investment will include upgrades to the region’s electrical grid as politicians increasingly seek to shield constituents from elevated utility prices.
AmEx to move HQ to final World Trade Center tower
It's official: American Express is moving its global headquarters to 2 World Trade Center. But, unlike the other corporate titans that have moved into the rebuilt complex since the 9/11 terrorists attacks, it is taking ownership of its new skyscraper.
Iconic Transamerica Pyramid in San Francisco sells
The investors behind the Transamerica Pyramid have struck a deal to sell the skyscraper that defined the San Francisco skyline for more than half a century. The owner agreed to sell the iconic skyscraper to Cyprus-based investment firm Yoda Plc.
Nuveen sells 1.6M-square-foot industrial portfolio
Nuveen has sold a 1.6M-square-foot industrial portfolio to MDH Partners, according to public records. Cushman & Wakefield brokered the deal on behalf of the seller. The properties are spread across metro Dallas, the Inland Empire, Salt Lake City and Nashville.
Industry Events
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MIPIM - The Global Urban Festival
Mar 09 2026
to Mar 13 2026
Palais des Festivals, Cannes, France -
Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre
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