Firm Capital Apartment REIT to exit US multifamily market
Canadian company to sell remaining holdings south of border, stop doing business there
After posting a sizable loss this past quarter, the board of Firm Capital Apartment Real Estate Investment Trust, a publicly traded Toronto-based firm focused on apartment ownershi...
Oxford, RioCan spar over future of former Hudson's Bay space at Yorkdale Mall
Companies battle over whether Ailes de la Mode is a suitable tenant at Canada's most profitable shopping centre
Oxford Properties is locked in a legal battle with RioCan Real Estate Investment Trust over whether a discount retailer is an appropriate tenant to replace Hudson's Bay at Canada’s...
Hundreds of The Beer Store outlets face potential last call across Ontario
Looming expiration of deal to keep 300 stores open signals retail property market changes
A customer bought the last case of beer available in The Beer Store in Brampton over the weekend, a ritual that is becoming increasingly familiar across Ontario as an estimated 100...
Developers start construction on project that could add 610 apartments in Laval, Quebec
Fonds immobilier de solidarité FTQ, Dév Méta aim first phase completion by March 2027
The city of Laval is keeping up its ambition to grow at a fast pace, with a little help from the newly unveiled Vaia, a residential complex slated to eventually bring 610 apartment...
Morgan Properties gains 15 apartment complexes in taking over Toronto's Dream Residential REIT
US apartment giant's privatization of Canadian REIT gains properties in Canada
Morgan Properties is adding 15 garden-style apartment properties with 3,300 units across Texas, Ohio, Kentucky and Oklahoma to its portfolio in a deal for Dream Residential Real Es...
Country's largest retirement home chain set to expand in Western Canada
Chartwell agrees to pay $53 million for The Edward in Calgary
Canada's largest retirement home chain has gone west for its latest purchase, as Chartwell Retirement Residences said it agreed to acquire The Edward, a boutique retirement residen...
Sienna adds to seniors housing portfolio as sector demand increases
Company pays $93.3 million for The Hygate on Lexington in Waterloo, Ontario
Sienna Senior Living added to its Ontario portfolio as demand for seniors housing grows in the country.
Federal government finances affordable apartment projects in Calgary, Winnipeg
Affordable Housing Fund contributes millions to residential conversions
The Canadian government has unveiled plans to provide financing for two rental multifamily projects, one in Calgary and the other in Winnipeg, through its Affordable Housing Fund a...
WeWork's Toronto expansion reflects firm's gradual national recovery
Global flexible office provider now 'in stabilization phase,' top Canada executive says
Flexible office provider WeWork is recovering from its bankruptcy and the restructuring that followed, an improved state of affairs that's reflected in its latest expansion in the ...
Industrial still tops Canadian real estate, despite cooling trend
'Most resilient asset class' offers predictable cash flow, report from PwC, ULI finds
Industrial remains the most-favoured asset class in the country, even though the property sector has cooled, according to a new report.
Broccolini secures buyer for landmark Medical Arts Building in Montreal
Prime Properties' purchase of historic office building extends its buying spree in city
Prime Properties, a company that traces its roots back to operating pinball and video arcades in downtown Montreal before transitioning into real estate, is extending its brisk pac...
Japanese developer reteams with Graywood on a new project in downtown Toronto
Two firms partner on 53-floor residential tower at 241 Church St. expected to be completed in 2028
Graywood Developments has found a capital partner for the Toronto residential tower it is building on the site of a former gas station, which it purchased for $73 million five year...
Morguard CEO's daughter takes over North American property investment firm
Angela Sahi assumes duties from K. Rai Sahi in planned succession
Angela Sahi has taken over the duties as Morguard Corp. CEO, a position that includes overseeing Morguard Real Estate Investment Trust and Morguard North American Residential REIT.
Starlight’s Lighthaus lights up in Liverpool
Toronto-based developer completes 278-home rental project in UK
Toronto-based Starlight Investments has completed Lighthaus, a 31-storey, 278-unit build-to-rent tower in Liverpool in the United Kingdom. The project is part of the £5 billion, or...
Canadian Tire retail sales help company roll through 'True North' transformation
Chain reports revenue increase as foot traffic remains high
Canadian Tire Corp. indicated it's benefiting from an economy marked by steady demand as the construction pipeline for new retail space has slowed, and available store space in sou...
Chartwell Retirement Residences sees higher occupancy as population ages
Nation's biggest owner of housing for seniors reports increased revenue
The country's largest retirement home chain is benefiting from an undersupply of seniors living facilities for Canada's fast-growing aging population.
Leyad buys regional mall in Ontario
Henry Zavriyev's investment firm purchases Northgate Shopping Centre in North Bay
Montreal-based real estate investor Henry Zavriyev has added another major retail property to his growing portfolio, as his company, Leyad, acquired the Northgate Shopping Centre i...
Artis REIT advances plan to transform its business from real estate to banking
Shareholders to vote to combine with RFA Capital
Artis Real Estate Investment Trust is advancing its plan to leave real estate behind and become a financial services company.
BGO buys luxury apartments in Cambridge, Ontario
Belmont Equity Partner sells 284-unit complex for $147 million
BGO, the real estate investment management arm of Sun Life Financial, is placing a bet on the Ontario multifamily market with its purchase of the Camby apartment complex in Cambrid...
Toronto's Sugar Wharf goes green with temporary park
Menkes opens greenspace at future construction site
On a brisk day this past week, Menkes Developments cut the ribbon for what it calls the "Park in Progress" at the Sugar Wharf development in downtown Toronto. Menkes worked with th...