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Article

Boardwalk adjusts strategy, buys 3 townhome communities

Mario Toneguzzi Residential Transactions Saskatchewan Jul. 18 2025

Boardwalk REIT has deepened its presence in Saskatchewan with the acquisition of three purpose-built rental townhome communities in Saskatoon and Regina, in an off-market deal directly from a local developer. 

 

Article

Leyad buys Niagara's Pen Centre mall for $140M

Don Wilcox Commercial Retail Ontario Jul. 17 2025

Leyad is once again expanding its major retail property portfolio with the acquisition of the Pen Centre in Niagara Region for $140 million, the Montreal-based private investment firm announced.

Article

Jadco's multifamily development focus paying off

Danny Kucharsky Residential Apartments Greater Montreal Jul. 17 2025

A shift several years ago to a rental-only residential development model by Jadco Group has paid off with the Montreal developer announcing its latest major multifamily project, Equinoxe Bois-Franc.

 

Article

AutoCanada selling 13 of its 17 U.S. dealerships

Don Wilcox Commercial Transactions Edmonton Jul. 17 2025

Edmonton-based automotive dealership owner and operator AutoCanada Inc. has agreements to sell 13 of its 17 U.S.-based properties after classifying its holdings in the U.S. as a discontinued operation in its 2024 year-end financial report.

 

Article

Peterson sheds partner, pushes on with Burnaby Saputo Lands development

Evan Duggan Residential Development Metro Vancouver Jul. 16 2025

The developer behind a massive redevelopment project at the former Saputo dairy processing plant in Burnaby is moving ahead with the first phase of the project after restructuring ownership and financing.

Podcast • CRE Talks

A Canadian economic check-up with RBC’s Claire Fan

Adam Jacobs Commercial Economy National Jul. 16 2025

New leadership in Ottawa; ongoing trade disorder with the U.S.; inflation and interest rate ups and downs; shifting labour and office markets; and consumer spending habits in flux – it all prompts the need for an economic check-up.

Article

Empire Communities rebrands, now known as Empire Homes

RENX Staff Residential Homebuilders National Jul. 16 2025

Empire Communities is rebranding to be known as Empire Homes, a name the company’s co-CEOs say better reflects the core of its business - developing all types of housing across North America.

Column • The People Space

CBRE names new leaders of U.S., Canada advisory

People Space CBRE International Jul. 16 2025

CBRE Group, Inc. has announced a series of appointments to its U.S. and Canada advisory business, with Chris Connelly promoted to executive group president.

Article

Oxford secures $650M CMHC loan, kicks off Alta in Toronto

Steve McLean Residential Development Toronto / GTA Jul. 15 2025

UPDATED: Oxford Properties Group has obtained the largest financing package under the CMHC's Apartment Construction Loan Program (ACLP) for a Toronto development, $650 million, to finance its three-tower Alta multifamily project.

 

Article

Flippers didn’t break the development market - policy did

Mark Goodman Residential Development Metro Vancouver Jul. 15 2025

GUEST SUBMISSION: The outrage machine is noisy with denunciations of supposedly nefarious “middlemen” who assemble properties and take them through rezoning - not because they plan to build something, but rather in hopes of flipping the land for an immediate payday.

Column • Design, Policy and Canadian Cities

Master plan the missing middle

Naama Blonder Residential Housing National Jul. 14 2025

The term missing middle has gained lots of traction in recent years. It refers to the housing gap between detached single-family homes and mid- or high-rise apartments - housing types like duplexes, triplexes, fourplexes, courtyard buildings and small walk-ups.

Article

Colonnade BridgePort bets on Ottawa rental market with RYSE

John Dujay Residential Apartments Ottawa Jul. 14 2025

As the city of Ottawa moves forward with its LRT project in Westboro and other neighbourhoods, local developer Colonnade BridgePort recently broke ground on a new $119-million rental housing development.

 

Article

Chartwell acquires Montreal seniors facility, plans 2 expansions

Don Wilcox Residential Transactions Greater Montreal Jul. 14 2025

Chartwell Retirement Residences (CSH-UN-T) is acquiring a 449-suite seniors living and care residence in Montreal for $88.5 million, and is developing or expanding two other facilities in Quebec as the province remains a key focus of growth for the company.

Article

Title Properties finds success in challenging Calgary office market

Mario Toneguzzi Commercial Real Estate Companies Calgary Jul. 11 2025

At a time when many major institutional players were pulling back from Calgary’s downtown office market a relatively new player, Vancouver-based Title Properties, saw opportunity where others saw retreat.

 

Article

Foreign student cuts hit Vancouver office leasing market

RENX Staff Commercial Office Metro Vancouver Jul. 11 2025

Post-secondary educational institutions, which had been helping drive new leasing and lower office vacancy rates in prime Vancouver buildings, are now putting large chunks of space onto the sublet market in the wake of government cuts to foreign student quotas.

 

Column • CRE Data Deep Dive

Apartment renter preference study Part II: Services and technology

Sarah Segal Residential Market Reports National Jul. 11 2025

Earlier this year, simplydbs released a series of reports based on renter preferences. From pools to podcasting facilities, we asked about 238 preferences.

 

Article

KRP turns office tower into apartments in Canada's largest tech park

Don Wilcox Commercial Office Ottawa Jul. 10 2025

Every office-to-residential conversion project is unique, but then there are those which truly forge new ground. Such as the conversion of a 10-storey office tower in the Ottawa suburb of Kanata by KRP Properties - in Canada's largest tech hub.

 

Column • The People Space

Joseph Feldman promoted to Camrost Felcorp president, COO

People Space Development Toronto / GTA Jul. 9 2025

David Feldman, founder, chairman and CEO of Camrost Felcorp, has handed over daily operations to his son Joseph Feldman, who has been named president and COO of the Toronto-based residential and commercial real estate developer.

Article

Woodbine's 684 acres to host Toronto's largest development

Danny Kucharsky Residential Development Ontario Jul. 9 2025

A new urban centre that will be built around Woodbine Racetrack over at least the next 25 years will be the largest development site in Toronto, says Chris Caverson, executive vice-president, development at Woodbine Entertainment.

Article

CMHC updates: Premium hikes for MLI products, holdbacks eliminated for MLI standard

Nadeem Keshavjee Residential Housing National Jul. 9 2025

GUEST ARTICLE: Rental achievement holdbacks will no longer be a requirement for multi-unit loan applications under the MLI market / standard rental product. However, rate increases could add significant costs to developers financing projects under some CMHC products.

Article

GWLRA unveils 3-tower plan for Toronto College Park redevelopment

Don Wilcox Commercial Development Toronto / GTA Jul. 8 2025

GWL Realty Advisors has unveiled a “once-in-a-generation revitalization” of one of Toronto’s most iconic properties, the 95-year-old College Park building at Yonge and College streets in the heart of the downtown core.

 

Article

Amazon building massive 3.1M-sq.-ft. Ottawa distribution centre

Don Wilcox Commercial Industrial Ottawa Jul. 8 2025

Amazon has begun construction of what will become its largest Canadian distribution centre, a 3.1-million-square-foot, state-of-the-art facility in Ottawa, where the online retail giant already operates four facilities of various sizes.

Article

Hullmark buys stake in Jane Finch Mall, huge redevelopment

Don Wilcox Commercial Transactions Toronto / GTA Jul. 7 2025

Toronto-based developer Hullmark has acquired a minority stake in the Jane Finch Mall, and with majority owner Brad-Jay Investments Ltd., plans to move forward with a major multi-phased, mixed-use redevelopment of the property.

Article

XXIII Capital building presence in Calgary industrial sector

Mario Toneguzzi Commercial Strategy Calgary Jul. 7 2025

Calgary-based XXIII Capital Inc. has quickly emerged as a serious player in the city’s industrial real estate market. The firm has assembled a portfolio of nearly half a million square feet through three key acquisitions in the past two-and-a-half years.

 

Article

Elysium adds to Toronto apartment development site pipeline

John Dujay Residential Transactions Toronto / GTA Jul. 7 2025

Proximity to transit is a guiding principle for Toronto developer Elysium's acquisition strategy, a feature that was again demonstrated by its latest purchase 41-47 Talara Dr. The firm has also launched a student housing division, Yarra.

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