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Article

Developer EMD-Batimo building for 55-plus demographic

Danny Kucharsky Residential Seniors Housing Greater Montreal Aug. 5 2025

Francis Charron is bullish on downsizing baby boomers who don’t want to live in regular multiresidential developments, but also aren’t seeking seniors homes. In July, the president of EMD-Batimo Group began construction of the $76-million Lib Vaudreuil-Dorion.

Article

Multiplex conversions: Plexcon’s missing middle solution for Toronto

Commercial Housing Toronto / GTA Aug. 5 2025 SPONSORED

Plexcon's latest Toronto project transforms a single-family home into a modern 4-unit multiplex, adding much-needed missing middle housing to Toronto. This conversion maximizes rental potential while supporting the city's push for smarter, denser residential development.

Article

BGO acquiring assets with new $247M Canadian fund

Steve McLean Commercial Funds National Aug. 5 2025

BGO has already made four acquisitions in Montreal, Greater Toronto and Hamilton, and Metro Vancouver after securing $247 million in capital commitments to close its BentallGreenOak Canadian Value-Add LP.

Article

PCI prioritizes apartment development in Vancouver amid condo slump

Evan Duggan Residential Apartments Metro Vancouver Aug. 1 2025

PCI Developments aggressive pipeline of purpose-built rental developments in the City of Vancouver reveals a deepening commitment to rental construction in the region as the condo market continues to languish. 

 

Article

Strategic Group buys Calgary tower for $17M, plans residential conversion

Mario Toneguzzi Commercial Transactions Calgary Aug. 1 2025

Calgary-based real estate company Strategic Group has purchased the former Chevron Plaza, a 25-storey office tower in downtown Calgary, with plans to convert it into 332 residential units.

Article

QuadReal acquires over $913M U.K. student housing portfolio

Tyler Choi Commercial Quadreal International Jul. 31 2025

QuadReal Property Group has acquired an eight-asset, 3,460-bed purpose-built student accommodation portfolio in the U.K. from funds and entities managed by Apollo Global Management for over $913 million.

Article

Pacific Reach, Dilawri partnership buys The Ritz-Carlton, Toronto

Steve McLean Commercial Transactions Toronto / GTA Jul. 31 2025

Pacific Reach and Dilawri Group of Companies have acquired the 263-room The Ritz-Carlton, Toronto from Cadillac Fairview. The hotel opened in 2011 after being developed by Cadillac Fairview, Graywood Developments and The Ritz-Carlton Hotel Company.

Article

Flagship targets apartments for development management services

Steve McLean Residential Apartments Toronto / GTA Jul. 30 2025

Flagship Development Group, a new full-service development manager and advisory firm, is involved with a major project and has submitted an application to the City of Toronto for Cando Apartments to develop a 1,350-unit residential rental complex in Scarborough.

Column • Design, Policy and Canadian Cities

New urbanism works on paper: Not so much on the ground

Naama Blonder Infrastructure Urban planning Toronto / GTA Jul. 29 2025

For decades, North America’s suburbs have been defined by sprawl: wide roads, single-use zoning, and a built-in reliance on driving for even basic needs. In the 1980s and ’90s, a group of planners and architects launched a response: New Urbanism.

Article

Inside a creative refinancing that saved Ōku condos by Ulmus

Danny Kucharsky Residential Financing Metro Vancouver Jul. 29 2025

Canada’s condo market has been beset by cost overruns, construction delays and sales that have gone cold leaving many projects unfinished and facing liquidity problems. But at least one condo project that faced a cost crunch while nearing completion has found a creative way to restructure its debt.

Article

Stiffer in-office mandates expected to bolster leasing

Steve McLean Commercial Office Metro Vancouver Jul. 28 2025

More major banks and large companies are mandating that employees be in the office at least four days each week, with many smaller firms expected to follow suit. This is leading to increased optimism among office building owners and managers.

Article

Brasswater grows CRE portfolio in Quebec, GTA and the U.S.

Steve McLean Commercial Acquisition Quebec Jul. 28 2025

Montreal-based real estate development firm Brasswater marked its 10th anniversary earlier this year and isn’t slowing down as it enters its second decade. It has made a steady stream of acquisitions in Canada and the U.S. in recent months.

Article

Richmond Asset Management’s growing portfolio tops $100M

Steve McLean Residential Transactions Ontario Jul. 25 2025

Dave Barry and Aly Somani met while playing squash 10 years ago, a friendly competition that grew into the foundation for Richmond Asset Management. With its most recent acquisitions of two Windsor apartment buildings, Richmond's portfolio has topped $100M.

Article

Equiton acquires Central Tower in Edmonton, tops 700 units in Alberta

Tyler Choi Residential Equiton Edmonton Jul. 25 2025

The Equiton Residential Income Fund Trust has acquired the 175-apartment Central Tower in Edmonton, its fourth property in Alberta as the firm continues to grow its Western Canada portfolio.

Article

YZD’s huge Hangar District gets OK from Toronto council: Here's the plan

Steve McLean Commercial Development Toronto / GTA Jul. 24 2025

UPDATED WITH VOTE RESULT: Toronto city council has unanimously approved Northcrest Developments' and Hines’ application resubmission for The Hangar District, the first neighbourhood of the 370-acre YZD development at the former Downsview Airport.

Article

City Office REIT to be sold to U.S. investors MCME Carell for $1.1B

RENX Staff Commercial Transactions Metro Vancouver Jul. 24 2025

City Office REIT (CIO-N) has a definitive agreement to merge with two entities of U.S.-based MCME Carell and be taken private in a deal which values the Vancouver-based office properties owner and operator at approximately $1.1 billion.

 

Article

Choice kicks off Q2 financial reporting season with solid results

Steve McLean Commercial REITs National Jul. 23 2025

Second-quarter reporting season for real estate investment trusts is underway and Choice Properties REIT was the first major retail trust to release its results in this uncertain economic environment.

Article

Colliers rebrands investment management arm to Harrison Street

Tyler Choi Commercial Colliers Toronto / GTA Jul. 23 2025

Colliers International Group Inc. (CIGI-T) is rebranding its investment management division to Harrison Street Asset Management, inheriting the name of a global operator which Colliers majority owns.

Column • The People Space

Brenda Buchanan promoted to CEO at Real Estate Council of Ontario

People Space CEOs Toronto / GTA Jul. 23 2025

The Real Estate Council of Ontario (RECO) has elevated its former chief operating officer Brenda Buchanan to CEO, ending a months-long search after Michael Beard retired from the position in February.

Article

Is it time for a major new Toronto office development?

Don Wilcox Commercial Office Toronto / GTA Jul. 22 2025

UPDATED WITH OXFORD COMMENT: Toronto’s office availability rate is at 20.1%, and leasing rates have softened during 2025. But Avison Young's Q2 2025 office market report notes conditions might soon be ripe for a major new downtown office tower.

 

Article

Chartwell to acquire $432M portfolio of Ontario seniors living residences

Don Wilcox Residential Transactions Ontario Jul. 22 2025

The buying spree continues in Canada’s retirement living sector. Chartwell Retirement Residences (CSH-UN-T) has announced its latest acquisition, a portfolio of six southern Ontario properties comprising 1,024 suites for $432 million.

Article

From quote to completion: The untold story of racking

Shaun Schwartz Commercial Racking National Jul. 22 2025 SPONSORED

Racking isn’t just an afterthought - it’s critical infrastructure. Here’s why commercial agents should align early with racking experts to set tenants up for long-term success.

Article

Fengate acquires Toronto multires highrise dev. site

Don Wilcox Residential Development Toronto / GTA Jul. 21 2025

Fengate Asset Management has closed on the acquisition of a “landmark purpose-built rental development site” in Toronto’s Etobicoke neighbourhood, 4-10 Beamish Dr. The Toronto-based firm intends to start construction of a 44-storey tower at the site in 2026.

 

Article

Groupe Touchette, Melinor buy Cornwall industrial portfolio

Steve McLean Commercial Transactions Ontario Jul. 21 2025

Groupe Touchette Real Estate and Melinor Investments Inc. have acquired a three-building industrial portfolio in Cornwall, Ont. from Harlo Capital for $40.2 million.

 

Column • The People Space

New senior managers at HOOPP; hirings at Nicola, JLL, GWLRA

Don Wilcox Commercial Executives National Jul. 21 2025

The Healthcare of Ontario Pension Plan (HOOPP)  has made several changes to its leadership, with Linda Halley, Mary Abbott, Elana Palumbo and Angela Waite all accepting promotions and new responsibilities. Nicola Wealth, JLL, GWLRA have also made new appointments . . .

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