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Downtown Montréal's luxury Hotel Omni Mont-Royal for sale
Downtown Montréal's luxury Hotel Omni Mont-Royal for sale
One of Montréal's best-known upscale hotel properties, Omni Hotels & Resorts' 299-room Hotel Omni Mont-Royal Montréal in the Golden Square Mile district, is being offered for sale.
Cameron Stephens launches new high yield mortgage fund
Cameron Stephens Mortgage Capital Ltd., has launched the Western Canada High Yield Mortgage Fund, with an initial commitment of $70 million, which it intends to begin quickly investing in a “strong pipeline” of potential deals.
BoC keeps interest rate at 2.75% as trade uncertainty persists
The Bank of Canada held the overnight interest rate at 2.75 per cent Wednesday, as it continues to assess the impacts of a trade war with the U.S. on the economy.
Vancouver's Granville Street faces 30% vacancy rate
Granville Street, once the heart of Vancouver’s nightlife and retail scene, is now marked by boarded-up windows and ‘For Lease’ signs. The area’s commercial vacancy rate has climbed from 22 to 30 per cent in just a year.
Court approves Hudson’s Bay-RioCan JV receivership
RioCan REIT's motion to place its joint venture with the Hudson’s Bay Company into court-supervised receivership was approved in Ontario Superior Court. The joint venture involves 12 high-profile retail properties in some of the most valuable locations in Canada.
RBC partners with CT REIT on decarbonizing retail locations
RBC will be working with CT REIT to reduce carbon emissions and waste from the Canadian retail branch spaces it leases from the Toronto-based retail property owner. The two companies will collaborate on sustainability lease clauses and sharing environmental data.
 | Basecamp Resorts The Wildwood Investment Fund is nearing capacity — here’s why investors are moving fast.Launched by Basecamp Resorts, the Wildwood Investment Fund is a real estate-backed opportunity fueled by the rapid rise of wellness tourism and spa-centered hospitality. Sponsored by: Basecamp Resorts |
VinFast shuttering half of Canadian stores amid EV slowdown
Vietnamese EV manufacturer VinFast is scaling back its retail operations, closing half of its 10 corporate-owned stores amid a challenging EV market. The closures include prominent mall-based showrooms at Toronto’s Yorkdale Shopping Centre, Vancouver’s Park Royal and CF Carrefour Laval.
Fitzrovia's new perk for Toronto tenants — private health care
It’s always a perk having a pool, gym or parking space in your apartment building. But how about free virtual health-care services? Now, residents in Toronto have access to that niche offering in select rental buildings.
Summerside council approves zoning for major resort
Summerside residents who have heard about a resort coming to the city for decades will have to wait a few more years. Summerside city council approved two rezoning applications for work to continue on Ocean View Resort at a special meeting of council on Tuesday night.
1st Cdn. Freddy’s Frozen Custard & Steakburgers opens
Freddy’s Frozen Custard & Steakburgers, based in Kansas, counts more than 550 U.S. locations. The chain is unveiling its first Canadian location in Winnipeg, and at least two more are planned for the city and 20 for the country.
Downsview West district plan before Design Review Panel
Toronto has seen many city building opportunities and masterplanned communities throughout its modern history, but none compare in size and scope to the redevelopment of the over 1,200 acres at Downsview Airport lands.
Farhi plans more DT office conversions using city incentive
As London continues to face an affordable housing crisis, a prominent property owner is planning to convert more downtown office space into housing. Farhi Holdings says it will turn commercial office space at 685 Richmond St. into 41 housing units.
Daniels, Great Gulf are BILD's GTA homebuilders of the year
The Daniels Corporation and Great Gulf were named homebuilders of the year at the BILD Awards Gala. Builder and developer Daniels took home the award in the mid- to highrise category, while Great Gulf was recognized for lowrise homes.
Greater Toronto home sales fall 13.3 per cent in May
Home sales in the Greater Toronto Area remained weak in May while inventory levels were up, giving more negotiating leverage to potential homebuyers. The Toronto Regional Real Estate Board says 6,244 homes were sold in May, down 13.3 per cent.
TD economist warns of industry limits on feds' housing push
Prime Minister Mark Carney has set an ambitious goal to ramp up Canadian housing completions to 500,000 per year over the next decade. But are that many new homes needed to make housing more affordable and accessible? Maybe not.
Brookfield to invest $10-billion to build AI data centre in Sweden
Brookfield Asset Management plans to invest up to 95B Swedish crowns (US$9.9-billion) to build a data centre for artificial intelligence in Sweden, the Canadian company said Wednesday.
Loss of U.S. office space outpaces new construction for first time since 2000
For the first time since 2000, the U.S. is set to lose more office product than is constructed this year. A CBRE report shows more than 23M square feet of office space will be torn down or converted in 2025.
Growing AI firm signs new HQ lease in Manhattan
AI platform AlphaSense is relocating its global headquarters to Manhattan’s 441 Ninth Ave., also known as Hudson Commons. The property’s owner since late 2021 is CommonWealth Partners, of Los Angeles, according to CommercialEdge data.
More than half of U.S. warehouse space built in Q1 is vacant
The U.S. industrial sector can't seem to shake the effects of the pandemic-era wave of warehouse development. Speculative development accounted for 71 per cent of the 73M square feet of industrial space that delivered in the first quarter.
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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