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June 17, 2025
LA's oldest film studio lot hits market in test of production space demand
It has no studio tour. And there's no gift shop. But for 112 years, a gated production enclave in Echo Park has been one of the most enduring places to make movie magic in Los Angeles.
June 5, 2025
Montreal's self-storage sector attracts new player
Montreal's self-storage sector has long flown under the radar of large owners of the specialized property type, as the Montreal market has been dominated by small and scrappy entrepreneurs. But that is changing as bigger competitors look to enter the market.
May 22, 2025
QuadReal buys Western Canada self-storage portfolio
The real estate arm of British Columbia's largest pension fund bought the Maple Leaf Self Storage chain and its 15 properties in what industry figures say is the nation’s largest deal on record in the sector.
May 21, 2025
Investor based in Canada buys four Chicago parking garages totaling over 3,000 spaces
At a time when many parking companies are struggling to stay profitable, a Canadian upstart has gobbled up garages totaling over 3,000 spaces combined in downtown Chicago to establish a sizable presence in the nation’s third-largest city.
May 6, 2025
Developers use branded condos to finance luxury hotels as some lenders back off
When it comes to real estate, luxury brands including Mercedes-Benz, Dolce & Gabbana and Baccarat are showing they have value beyond expensive cars and high-end accessories. The names, when attached to condominiums, draw steady enough demand to help fund development as some lenders balk at making hotel construction loans.
May 6, 2025
Hollywood hopes a federal lifeline can flip the script on declining movie production
The initial pitches for developing a national motion picture incentive program and a proposed U.S. tariff on foreign films are getting a red-carpet reception from some industry stakeholders who hope they could help reverse a yearslong decline in American entertainment production.
April 10, 2025
CoStar World News for April 10
March 5, 2025
Welltower to buy Amica retirement home chain from Ontario Teachers' for $4.6 billion
Welltower, a publicly traded real estate investment trust based in the United States, agreed to buy the Amica Senior Lifestyles chain from the Ontario Teachers’ Pension Plan as demand rises across Canada for retirement homes.
February 12, 2025
CoStar World News for Feb. 13
February 11, 2025
Why California is losing movie and TV production to non-US rivals
Movie and television production firms are increasingly doing business outside the United States, prompting top entertainment hubs like Los Angeles to try to add high-tech soundstages and ramp up incentives to lure back studios.
December 12, 2024
Soccer's surging North American popularity creates boom in stadium development
Soccer is setting attendance records across North America, and that's helping to spur another boom: stadium design and construction.
December 12, 2024
Scientologists aim to rejuvenate long-empty Montreal building
A long-vacant office building in downtown Montreal that has belonged to the Church of Scientology International since 2007 is slated for renovation.
December 11, 2024
Toronto Metropolitan University buys stake in office building in city's core
One of Toronto's largest universities is taking advantage of a $10 million gift from the former president and CEO of Brookfield Asset Management to buy a piece of a downtown office tower.
November 20, 2024
Quebec government seeks development proposals for former convent in downtown Montreal
A massive former convent in the heart of Montreal's fashionable Plateau borough might be converted to housing after going idle for almost a decade.
October 10, 2024
Oxford proposes life science building in Vancouver's Mt. Pleasant district
One of Canada’s biggest real estate developers has proposed redeveloping an eight-storey building into a facility aimed at addressing Vancouver’s shortage of laboratory and life science space.
October 2, 2024
Toronto's Great Gulf becomes part owner of popular New England ski resort
Great Gulf Residential announced it has made a minority investment as one of 16 new owners in the ownership group of the well-known Killington Ski Resort in Vermont.
September 26, 2024
Live Nation to open 50,000-seat outdoor stadium in Toronto
Live Nation Canada is planning to open a new 50,000-seat outdoor stadium for concerts on the Downsview Airport Lands site that is part of a $30 billion redevelopment project by Northcrest Developments.
September 25, 2024
Why the local drugstore could become a plasma collection center, restaurant or even a dog park
To get a sense of what's happening to shuttered drugstores as national chains streamline, take a look at one retail building in the affluent Atlanta suburb of Alpharetta, Georgia. Where pharmacists once dispensed pills and shoppers bought toothpaste, dog owners can now sip cocktails and nibble on appetizers as their pooches play in a fenced-in park adjacent to the restaurant.
September 25, 2024
CoStar World News for Sept. 26
September 20, 2024
NHL's Senators strike deal to purchase Ottawa land for new arena
A long-discussed plan to move the NHL's Ottawa Senators downtown from suburban Kanata has skated a step forward as the team reached an agreement with the National Capital Commission to buy land in the capital's LeBreton Flats area.