Homestead Land holdings Ltd., has acquired The Diplomats, a two-tower apartment complex in Burlington, Ont., from GWL Realty Advisors (GWLRA) as the firm continues recycling capital into its new development projects.

TO OUR VALUED READERS: RENX staff will be taking our annual break for a hard-earned vacation during the week of June 30 through July 4.

One of Quebec’s largest office transactions this year had a successful conclusion when the vendor’s brokerage acted as if the office complex wasn’t really an office complex.

A new GO commuter train station at Toronto’s suburban Woodbine Racetrack is being touted as the anchor to kick off one of Canada’s largest urban developments by the facility owners, Woodbine Entertainment.

The aging Village Cartier shopping centre in Gatineau, Que., which neighbours the city of Ottawa, is set to be redeveloped into a $1.3 billion neighbourhood to be known as Espace Canevas by its owner, Brigil.

A significant land parcel in southeast Rocky View County, Alberta, is gaining attention as a pivotal piece of the ambitious Prairie Gateway project - an estimated $800-million inland port and logistics hub designed to reshape the region’s industrial landscape.

iQ Offices’ 302 Bay, a 14-storey heritage building in Toronto’s Financial District, is now fully open. The upscale flex office facility is modelled after The Ned City of London, a private members’ club and hotel in the U.K.

“What we’re seeing is that people were ready to get back in the game.” Real estate investors are cautiously optimistic for the rest of 2025 despite lingering uncertainty, an Avison Young survey states. 

Starlight Investments announced it will acquire $750-million of purpose-built rental apartments through a new vehicle called the Starlight Canadian Core Multi-Family Fund, in partnership with funds managed by CIBC Asset Management.

Being transparent with its banker likely helped save Mondev and other real estate firms from going under when construction costs and interest rates soared in 2022, admits Mondev founder David Owen.

Sienna Senior Living (SIA-T) has an agreement to acquire the Credit River Retirement Residence in the Greater Toronto Area (GTA) city of Mississauga for $60.2 million, the firm announced Monday.

From my perspective – and for many of you – progress is key. We want to grow as professionals while driving our industry forward. Staying ahead of trends, expanding networks, and gaining fresh insights doesn’t happen by accident. It takes deliberate effort.

Owners of more than 35,000 properties in Ontario have received a request from MPAC for income and expense information. Discover the new enhancements that make the submission process easier than ever and learn how your contributions support quality assessments.

The Vancouver Island development market has not been immune to the challenges the rest of B.C.’s new-housing market has been facing, but that hasn't stopped Seacliff Properties from moving forward on several phased developments. 

Cities across North America are making important updates to their planning policies. Many are adopting intensification strategies, allowing a wider range of housing types through zoning changes, and beginning to address challenges like exclusionary zoning and reliance on cars.

Schroetel hired as the RED Mountain president; new VP at Cameron Stephens, CIO at Ruck Lane,  Avison Young names three principals, TPC Developments expands executive suite and more ... 

Nolan Adkin, Adrian Fitz-Gerald and Shannon Sawicky have been named principals by commercial real estate services firm Avison Young. All three are based in based Ontario offices.

TPC Development Corporation, the exclusive Canadian master franchisor of The Picklr (excluding Quebec) has made a significant expansion of its investor group and leadership team as it begins to grow across the country.

Namit Bhasvar has been appointed as vice-president, leasing and marketing, for the residential division at Toronto-based GWL Realty Advisors.

Cameron Stephens Mortgage Capital Ltd. (CMSC) has hired Gabe Chung as vice-president, origination – Western Canada.

Canadian private markets firm Ruck Lane has announced the appointment of Andrew Garrett as its chief investment officer, effective immediately.

The Toronto District School Board has endorsed a multi-year strategic plan by the Toronto Lands Corp., its wholly owned subsidiary and real estate services provider. The plan could unlock some prime city properties for future development and partnerships.

GWL Realty Advisors has been awarded the property and leasing management contract for commercial space in downtown Calgary's iconic TELUS Sky tower, taking over the role in the wake of a recent change in the building’s ownership structure.

AAA offices in downtown Toronto, Montreal and Vancouver have substantially outperformed other inventory in vacancy, availability, rental resilience and tenant space usage over the past five years and are poised to remain the cornerstone of demand for owners and occupiers.

Canada’s retail real estate has generally performed well of late and is also playing a growing role in mixed-use developments to position itself for long-term success.