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Need CRE financing? Lenders say things are looking up

8 hours ago

Need CRE financing? Lenders say things are looking up

Lenders are ready to support what’s expected to be a more active year for commercial real estate transactions, according to CBRE’s 2025 Canadian Real Estate Lenders’ Report.

Melcor sells shopping centre; REIT's 'go-shop' period expires

Melcor REIT (MR.UN-T) has sold the 283,000-square-foot Melcor Crossing retail power centre in Grande Prairie, Alta., and has announced the end of the “go-shop” period related to Melcor Developments’ controversial bid to take the trust private.

Wilmot land assembly meant for future Toyota site

Hundreds of acres of prime farmland in Wilmot Township are being assembled and converted to an industrial site for a future Toyota plant, The Narwhal and the Waterloo Region Record have learned.

Diving into development with Anthem's Jordan Carlson

Adam Jacobs
Senior National Director, Research, Colliers Canada

Oakville councillors blindsided by province's 11-tower plan

The Ontario government is pushing for a controversial condo-tower development in Oakville that would benefit developers while disregarding the town’s vision for the land. The development would see 11 towers, ranging from 46 to 59 storeys, built.

Eco Guardian to open new manufacturing facility in Ontario

Sustainable packaging company Eco Guardian is opening a new manufacturing facility in Aurora, Ont. Eco Guardian said the expansion will allow it to produce compostable and recycling paper cups and bowls, with an annual production capacity of 2 billion cups.

Quebec pension giant Caisse reports 9.4% return

Pension fund giant Caisse de dépôt et placement du Québec tallied a 9.4-per-cent return last year as CEO Charles Emond braces for what could be his biggest test yet – helping shield the province’s economy from a hostile U.S. government.

London hotel shuts garage, sets stage for 35-storey tower

Preliminary work is getting underway at the DoubleTree by Hilton hotel in downtown London for the construction of a 35-storey residential tower approved by city council nearly two years ago.

Latch introduces 1989 Condominium in Burlington

Latch Developments is bringing a new opportunity to Burlington’s growing market with 1989 Condominium. The development will house 462 suites on Appleby Line and Upper Middle Road, featuring nine-foot ceilings, large windows and contemporary finishes.

Woodstock city council rejects 258-unit subdivision

A proposal from Fahri Holdings for a 258-unit subdivision with two seven-storey towers in northwest Woodstock was rejected in an unanimous vote by Woodstock city council, with one councillor saying it is “way too dense.”

Two towers, new park proposed for Scarborough

Sigma Group is proposing a mixed-use development on Victoria Park Avenue south of Danforth, which would bring 578 rental housing units, retail and a Montessori school/daycare to Scarborough's Oakridge neighbourhood.

Seven & i management buyout talks stall

Negotiations within the consortium proposing a $60B management buyout of Seven & i Holdings have stalled over disagreements on who will control the 7-Eleven operator after it’s taken private. The failing talks could boost Alimentation Couche-Tard's (ADT-T) takeover bid.

Massive new fitness facility Realm to open in Calgary

Fitness buff Mike Zvonik has secured a lease on a former Singer sewing factory in Calgary with Hungerford Properties. He plans to convert the 44,222-square-foot industrial building into a facility to be called Realm.

George Weston reports $664M Q4 profit

George Weston (WN-T) reported a profit of $664 million in Q4 compared with a loss a year ago. The company is the controlling unitholder of Choice Properties REIT and the controlling shareholder of Loblaw Companies.

Why Canadians aren’t giving up on American-owned Costco

Costco, the popular, membership-only, American-owned big-box retailer founded and headquartered in Washington state, seems to have emerged as an exception to many Canadians' rule to avoid American products and companies. 

Global Net Lease sells multi-tenant portfolio for approximately $1.8B

Global Net Lease (GNL) is selling its multi-tenant portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings for approximately US$1.8B. The transaction accelerates GNL's repositioning as a pure-play, single-tenant net lease company.

Majority of real estate investors plan to expand portfolios in 2025

Real estate investors in the U.S. are embracing a strong growth mindset in 2025, with a majority planning to expand their portfolios and invest significant amounts of money improving their current properties, a survey conducted by RentRedi found.

Investcorp pays $335M for industrial portfolios

Investcorp continues to expand its industrial investments across the U.S. with the acquisition of two portfolios in Minneapolis and Baltimore. The global alternative investment firm spent more than US$335 million on the asset collections totalling 27 properties.

Blackstone reaches $5.7B deal to buy superyacht marina owner

Blackstone Infrastructure will pay about US$5.7B for Safe Harbor Marinas, the asset management giant announced. Safe Harbor, the U.S.'s largest marina and superyacht servicing business, owns and operates 138 marinas.

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