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Column • The People Space

Northwest Healthcare REIT appoints Zachary Vaughan as CEO

People Space CEOs Toronto / GTA Jun. 18 2025

Toronto-based health care real estate investor and asset manager Northwest Healthcare Properties REIT has appointed Zachary Vaughan as its incoming CEO, effective July 2.

Article

Development partners sought for Queen, Spadina TOD sites

Steve McLean Residential Developers Toronto / GTA Jun. 18 2025

EY Parthenon is marketing prime transit-oriented development opportunities above Toronto’s future Metrolinx Ontario Line Queen-Spadina subway station.

Article

Crown acquires two class-A Ontario office buildings from Fengate

Steve McLean Commercial Crown Realty Partners Ontario Jun. 18 2025

Crown Realty Partners has acquired 1111 and 1122 International Blvd., two class-A office properties in Burlington, Ont., from Fengate Real Estate for $51 million.

Article

Nesto: 7 years of dramatic growth in home and CRE mortgages

Steve McLean Residential Mortgages National Jun. 17 2025

Nesto Group was created just seven years ago but the tech-forward firm has already become a key player in the Canadian mortgage industry and just launched commercial mortgage origination activities in Quebec.

Article

GWLRA expands footprint in Calgary with multifamily launch

Mario Toneguzzi Residential Apartments Calgary Jun. 17 2025

GWL Realty Advisors is doubling down on its commitment to Calgary with the launch of a major new multifamily development, part of a broader national strategy to expand its residential footprint across Canada.

Article

Primaris REIT to acquire Lime Ridge Mall for $416M

Tyler Choi Commercial Transactions Hamilton Jun. 16 2025

Primaris REIT will acquire Lime Ridge Mall in Hamilton from an entity managed by Cadillac Fairview for $416 million in cash and equity, continuing a spree of recent shopping centre transactions.

Article

Groupe HD, Kastello, CPD partner on $150M Montreal mixed-use redevelopment

RENX Staff Commercial Groupe HD Greater Montreal Jun. 16 2025

Montreal-area real estate companies Groupe HD, Kastello Immobilier and CPD Immobilier have partnered to redevelop a site in Montreal's Saint-Michel neighbourhood, planned to host a six-storey residential and commercial complex.

Article

Navigating the HBC collapse: Interview with Primaris CEO Alex Avery

Steve McLean Commercial Retail National Jun. 16 2025

Primaris REIT (PMZ-UN-T) began planning for the bankruptcy of Hudson’s Bay Company (HBC) three years ago, and that advance strategizing should enable it to reap quicker rewards now that Canada’s oldest retailer has gone down.

Article

Altus Group: Two decades of growth and advancement

Steve McLean Commercial Altus National Jun. 13 2025

Altus Group (AIF-T) marked two decades of constant growth, adaptation and technological advancements within its business when it recently celebrated 20 years as a publicly traded company.

Article

Industrial sector shifts gears into wait-and-see mode

Don Wilcox Commercial Development Ontario Jun. 13 2025

The boom times have ended, and industrial real estate owners and tenants across the region known loosely as Ontario’s industrial heartland are in wait-and-see mode as vacancy rises and downward pressure increases on leasing rates.

Article

Canada Lands Company stewards growing development land bank

Steve McLean Residential Acquisition National Jun. 12 2025

As Canada Lands Company marks its 30th year, the Crown corporation is as busy as it's ever been, shepherding land sale and development initiatives planned to lead to tens of thousands of new homes on excess federal property.

 

Article

Student housing summit doubles attendance: Interest runs high

Steve McLean Residential Student Housing National Jun. 11 2025

Attendance doubled at last week's Student Housing Summit Canada, hosted in Toronto by global data and advisory specialist BONARD, from the inaugural event in 2024. That reflects growing interest in the student accommodations sector in Canada and internationally.

Podcast • CRE Talks

The case for accessibility in the built environment

Erin O'Hearn Residential Design National Jun. 11 2025

In this episode Colliers' Tonya Lagrasta, global head of sustainability, and Erin O’Hearn, senior property manager, are joined by Matthew Shaw, head, accessible practice at the Rick Hansen Foundation.

Article

Marie Pier, Hugo Germain named co-presidents of Germain Hotels

RENX Staff People Space Germain Hotels Quebec Jun. 10 2025

Cousins Marie Pier and Hugo Germain have been appointed co-presidents of Germain Hotels, a Quebec-based company behind 19 hotels in Canada.

Article

Allure's incentives created to thaw 'frozen' condo investors, buyers

Evan Duggan Residential Buying and Selling Metro Vancouver Jun. 10 2025

A lack of trust among buyers and investors in the pre-sale condo market is leading developers to offer increasingly creative incentives, including programs to help protect the value of the investments. Surrey-based Allure Ventures is among these companies.

Article

Ex-AIMCo real estate head Paul Mouchakkaa joins Crow Holdings

RENX Staff People Space Executives Alberta Jun. 10 2025

Paul Mouchakkaa, who served as head of real estate at Alberta Investment Management Corp. (AIMCo) managing its $30-billion global real estate portfolio, has taken a senior executive position with Dallas-based Crow Holdings.

Article

Shindico celebrates 50 years of success

Clarisse Catipon Commercial Commercial Real Estate Winnipeg Jun. 10 2025 SPONSORED

Shindico, one of Manitoba’s most prominent real estate firms, is celebrating its 50th anniversary. Founded in 1975 by Sandy Shindleman, the company has grown from a small brokerage in Portage la Prairie into a leader in commercial real estate.

Article

Diagram by Cressey: A sales success story in a shifting market

Commercial Office Metro Vancouver Jun. 10 2025 SPONSORED

In a commercial real estate landscape marked by uncertainty and evolving demand, Diagram by Cressey Development Group has emerged as a standout success for the strata office market.

Article

Oxford, CT REIT, Canadian Tire plan $200M Canada Square reno

RENX Staff Commercial Office Ontario Jun. 9 2025

Oxford Properties Group and CT REIT (CRT-UN-T) are embarking on a “transformative investment” to renovate and retrofit Canadian Tire Corp.’s (CTC) head office in the Canada Square office complex in midtown Toronto.

Column • The Apartment Building Expert

Big impacts from smaller developments: Why building apartments now makes sense

Derek Lobo Residential Apartments National Jun. 9 2025

Across Canada, apartment developers are facing a difficult truth: the industry is paralyzed. Many developers who once built at scale are now hesitant to break ground on large projects, but in times like these, there is also opportunity.

Article

30-yr.-old entrepreneur buys Miséricorde Hospital site for huge dev.

Danny Kucharsky Residential Development Greater Montreal Jun. 9 2025

Alta Canada plans build a 30-plus storey residential tower at the long-abandoned Miséricorde hospital property in the eastern sector of downtown Montreal, part of a multi-phased project with an investment of around $500 million.

Column • The People Space

Former CDPQ exec PM's new chief of staff: Crown's Miller to retire

Don Wilcox People Space CEOs National Jun. 8 2025

Marc-André Blanchard, Canada's former ambassador to the United Nations, has left CDPQ to become chief of staff for Prime Minister Mark Carney. We also report senior postings at Crown Realty Partners, MedSpace Canada, AIMCo, HOOPP and more...

 

Article

Wang to take over CFO's role at Bridgemarq

RENX Staff People Space Brokerage Toronto / GTA Jun. 6 2025

Bridgemarq Real Estate Services Inc. (BRE-T) has hired Wallace Wang as its new chief financial officer, a position which will be effective July 1.

Article

Snaile appoints Thadaney, Kapoor to advisory board

RENX Staff People Space Executives Toronto / GTA Jun. 6 2025

Snaile has announced the appointments of Nicholas (Nick) Thadaney, ICD.D, and Vikram Kapoor, CFA, to the Toronto-based firm's strategic advisory board.

Article

Land values, development and distress in an uncertain economy

Steve McLean Residential Land National Jun. 6 2025

The first panel discussion of the June 5 Land & Development conference in Toronto appropriately dealt with how land values have shifted and the potential for developing residential sites given today’s market and economic conditions.

 

Industry Events