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Article

Zenterra's Fraser Valley development focus continues to pay off

Evan Duggan Residential Condominiums Metro Vancouver May. 28 2025

Zenterra Developments continues to drive forward with its pipeline of new presale condo projects east of the Fraser River. The solid Surrey-Langley market, Zenterra's hyper-local focus and its in-house construction team are helping it continue amid a struggling presale market. 

Article

Les Miller to retire as CEO at Crown Realty Partners

RENX Staff People Space CEOs Toronto / GTA May. 28 2025

Crown Realty Partners has announced that CEO and managing partner Les Miller plans to retire effective June 30, with several of the company’s senior executives stepping into expanded roles as he departs.

 

Article

Expansion to lift Hilton over 200 hotels in Canada in 2025

Steve McLean Commercial Hotels and Resorts Toronto / GTA May. 27 2025

Expansion will drive Hilton over the 200-hotel mark in Canada this year, growth that won't slow anytime soon. Hilton and Mississauga's Inspiration Group have signed a franchise agreement for Tempo by Hilton Toronto Airport, to open in 2028.

Column • Design, Policy and Canadian Cities

What’s stopping family housing development? Part I: Follow the fees

Naama Blonder Residential Housing Toronto / GTA May. 27 2025

“Don’t tax what you want more of” they say. Yet, three-bedroom units remain one of the most difficult home types to deliver in the best market conditions, let alone today.

Article

InterRent REIT agrees to $4B acquisition by CLV Group, GIC

Don Wilcox Residential Acquisition Ottawa May. 27 2025

InterRent REIT (IIP-UN-T), one of Canada’s largest multifamily housing owners, confirmed it has entered an agreement to be acquired by CLV Group and Singapore’s sovereign wealth fund GIC in a deal which values the trust at about $4 billion.

Article

FTG to sell Symbio, its new Montreal apartment tower

Danny Kucharsky Residential Apartments Greater Montreal May. 26 2025

A 28-storey tower near Montreal that is touted as Canada’s first multi-family building with both LEED Silver and Zero-Carbon Building certifications will soon be on the market.

Article

Groupe Mach to redevelop east Montreal site into massive mixed-use project

RENX Staff Commercial Groupe Mach Greater Montreal May. 26 2025

Groupe Mach will be redeveloping a site currently occupied by two shopping centres into a massive 5.8-million-square-foot mixed-use project in east Montreal that is expected to cost $3.5 billion.

Column • The People Space

Swartzman is Christie's new president; Garrigan promoted at Colliers

John Dujay People Space Executives National May. 25 2025

Canadian Gavin Swartzman has been named the next president of Christie’s International Real Estate, moving into the role in June. Long-time executive Peter Garrigan has been promoted to executive managing director, Ontario with Colliers Canada.

Article

The rise of super-tall towers: Mansoor Kazerouni of Arcadis

Steve McLean Residential Development Toronto / GTA May. 23 2025

Super-tall residential towers — generally classified as exceeding 300 metres or 70 storeys — are becoming more common in Toronto and around the world. Mansoor Kazerouni of Arcadis says Toronto is just scratching the surface of what's possible in the realm.

Column • The Apartment Building Expert

The case for developing three-bedroom apartments

Derek Lobo Residential Apartments National May. 23 2025

As Canada continues to face a worsening housing affordability crisis, developers, policymakers and industry leaders are searching for meaningful solutions that address both supply shortages and affordability challenges.

Article

'Stars line up' to accelerate growth: Mainstreet's Bob Dhillon

Mario Toneguzzi Residential Apartments Alberta May. 22 2025

Bob Dhillon, the founder, president & CEO of Mainstreet Equity Corp., believes the time is now for his company to accelerate growth — citing a unique convergence of market forces, liquidity and a long-standing mid-market strategy rooted in Western Canada.

Article

Manulife JVs with Cedar Podium on 15-storey Kingston PBSA tower

Don Wilcox Residential Student Housing Ontario May. 22 2025

Manulife Investment Management is partnering with Cedar Podium Investment Management to develop a 15-storey purpose-built student housing tower in Kingston, Ont., where site work is already underway prior to the start of building construction.

Article

Iain Stewart to retire as Genesis CEO

RENX Staff Residential Human Resources Calgary May. 21 2025

Iain Stewart, the president and CEO of Calgary-based community developer Genesis Land Development Corp. (GDC-T), will be retiring from his positions after more than six years at the helm.

Article

Report examines development shift to secondary housing markets

Steve McLean Residential Housing Markets National May. 21 2025

Postponed or cancelled condominium developments and other housing projects in Toronto and other major Canadian cities are both contributing to the country’s housing crisis and leading more people to move to and live in secondary markets.

Article

OleaDev celebrates five years of success

Ed Bowen Commercial Development National May. 20 2025 SPONSORED

OleaDev proudly celebrates its fifth anniversary, marking significant milestones in commercial real estate development across Quebec and Ontario.

Article

Industrial land site attracts interest north of Toronto

Steve McLean Commercial Land Ontario May. 20 2025

A group of private investors hopes an ongoing development boom in a region just north of the Greater Toronto Area means this is a good time to market a tract of land near the town of Alliston.

Article

PC Urban calmly grows rental pipeline amid market turbulence

Evan Duggan Residential Developers Metro Vancouver May. 20 2025

PC Urban principal Brent Sawchyn gives the impression of being calm and at ease when discussing this period of instability and uncertainty in Vancouver’s development market. He has experienced these types of trouble before.

 

Article

NexLiving looks to the future in wake of huge Devcore deal

Steve McLean Residential REIT National May. 16 2025

NexLiving Communities (NXLV-X) financials results are beginning to show the impacts of last year’s transformational Devcore deal by which the firm essentially doubled its apartment portfolio, with its Q1 2025 filings this week reporting record revenues.

Podcast • Working Capital

Why 2025 is a big year for real estate: Bob Knakal  

Jesse Fragale Commercial Office National May. 16 2025

Longtime commercial real estate broker Bob Knakal joins the podcast to discuss the current market cycle and why 2025 is a big year for real estate.

 

Article

Mondev to begin building multi-tower Montreal apartment complex

Danny Kucharsky Residential Development Greater Montreal May. 15 2025

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 multi-family development at the site.

Article

Qualex-Landmark defies market, breaks ground on Coquitlam tower

Evan Duggan Residential Condominiums Metro Vancouver May. 14 2025

Qualex-Landmark, a developer based in Vancouver, broke ground last week on a significant condo and rental complex in Coquitlam that the company says wouldn’t be viable if they were starting the development process today.

 

Article

QuadReal acquires Vancouver's Maple Leaf Self Storage

RENX Staff Commercial Transactions Metro Vancouver May. 14 2025

QuadReal Property Group has entered the Canadian self-storage sector with the acquisition of Maple Leaf Self Storage, a Vancouver-based company which owns and operates 15 facilities in British Columbia and Alberta.

Article

Parkit sells $96.5M industrial portfolio; acquires 10% stake in PROREIT

Don Wilcox Commercial Transactions Winnipeg May. 13 2025

Parkit Enterprises (PKT-T) is acquiring an almost 10 per cent investment in PROREIT (PRV-UN-T) as part of its compensation for the sale of six Winnipeg industrial buildings to the industrial real estate owner and operator.

 

Article

Pure Group joins GECC to develop $330M Surrey mixed-use tower

Don Wilcox Residential Apartments Metro Vancouver May. 12 2025

Pure Group of Companies will partner with a subsidiary of Global Education Communities Corp. (GECC) to develop the $330-million GEC Education Mega Centre in Surrey, in Metro Vancouver, the companies announced Monday.

 

Article

CPKC markets prime, rail-served industrial dev. properties

Steve McLean Commercial Industrial Calgary May. 12 2025

Canadian Pacific Kansas City (CPKC) has certified its first nine "site-ready" rail-served locations across North America for potential industrial or logistics development, including sites in Alberta and Quebec.

Industry Events