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April 1, 2026
Homewood Suites opens as greater Vancouver’s latest office-to-hotel conversion
Real estate developers ICT Group and Lark Group just opened a 189-room Homewood Suites by Hilton at their Health and Technology District project in Surrey, southeast of Vancouver.
March 31, 2026
Ontario moves to cut taxes, fees on apartment construction by up to $200,000 per unit
Ontario developers and apartment builders are set to see one of the largest tax rollbacks tied to new residential construction in the province, a move governments say could cut costs by as much as $200,000 per unit for new rental and condominium projects.
March 31, 2026
Iran war takes Middle East hotel performance down to lowest levels since pandemic
Recent weeks have marked the most severe disruption for the Middle East hospitality industry since the early days of the COVID-19 pandemic.
March 31, 2026
Sun Life to make major investment in US apartments
Sun Life Financial of Toronto is set to make a major investment in the U.S. multifamily market with the acquisition of a firm managing US$10 billion in assets, including tens of thousands of apartments from Seattle to Boston.
March 30, 2026
Turn Group set to build $450 million mixed-use project near Ottawa Hospital's new Civic campus
Developer Ash Mahmoud plans to turn a long‑idle parking lot near Dow’s Lake into a dense mix of rental housing, seniors living, and medical and retail space that would be built over four phases on one of Ottawa’s better‑known undeveloped corners.
March 30, 2026
Toronto building owner invests in towers to keep pace in race to offer top-tier space
GWL Realty Advisors, a real estate investment adviser owned by Great-West Lifeco that serves pension funds and institutional clients, has made upgrades to two of its trophy office towers in the heart of Toronto’s Financial District, and the investments appear to have paid off.
March 30, 2026
Maritimes could see lower interprovincial migration as housing prices decline
Atlantic Canada has attracted enormous interprovincial migration in recent years, mainly due to the availability of more affordable housing as costs surged across much of the country. That shows signs of easing.
March 27, 2026
George Armoyan's Clarke to take over former Slate Office REIT in billion-dollar deal
Clarke Inc., a real estate investment firm led by entrepreneur George Armoyan, agreed to buy Ravelin Properties REIT in an all‑stock deal that could help end the acquired office landlord's long struggle to stabilize its balance sheet.
March 27, 2026
RH brings back real estate chief to lead expansion, monetize North American, European holdings
Retail real estate veteran David Stanchak, who's opened more than 2,500 store locations and managed real estate portfolios while working for RH, Dick’s Sporting Goods, DSW Shoe Warehouse and others, is back at RH to unlock the value of some of its properties via sale-leaseback transactions.
March 27, 2026
Colliers recruits Bohn to Vancouver industrial brokerage team
Colliers has added Todd Bohn as a senior vice president on its Vancouver industrial brokerage team.
March 27, 2026
Victoria apartment complex sells for $11.4 million
M1 Group expanded its apartment portfolio with the recent acquisition of Somerset Place Apartments, a 46-unit multifamily property at 1180 Fort Street in Victoria, British Columbia.
March 27, 2026
Home ownership premium narrows further in Greater Toronto Area
The price premium for owning a home in the Greater Toronto Area relative to the rest of Ontario has narrowed meaningfully over the past decade.
March 27, 2026
'Mistakes are now behind us': RICS president on aspirations for the institution
“The institution has made some mistakes and it lost us some confidence in the running of the institution and, therefore, the reasons for membership, but I think they are now behind us,” RICS president Nick Maclean says on a bonus episode of CoStar News’ Top CREdentials podcast, explaining what the group is doing to demonstrate its value to members.
March 26, 2026
Chartwell sells Ottawa seniors residence for less than it paid for it 10 years ago
Chartwell Retirement Residences sold its Duke of Devonshire Retirement Residence in Ottawa for $49 million, about 10 years after buying the property for $63.6 million.
March 26, 2026
'Record year' expected for seniors housing deals
The country's seniors’ housing deal market is poised for a record-setting year in 2026, owing to its underlying demographic growth and increasingly bullish sentiment among investors.
March 26, 2026
City of Vancouver leases office space at Wicklow West
The City of Vancouver leased approximately 51,000 square feet of office space across multiple floors at 1125 Howe Street in downtown Vancouver.
March 26, 2026
As Canada diversifies trade partners, Port of Vancouver records its strongest year
The Port of Vancouver recently closed out a record-breaking 2025, handling 3.8 million twenty-foot equivalent units or TEUs, a common metric for measuring port cargo.
March 25, 2026
CoStar World News for March 26
March 25, 2026
Avison Young fills new corporate accounts leadership role with 20-year industry veteran
Avison Young has made a major new hire in Toronto as it moves to bolster its client relationships team.
March 25, 2026
Sacramento boosts soccer stadium size as US, Canadian cities develop pro team sites
The professional soccer team in Sacramento, California, has decided to go all-in as part of its efforts to snag a place in the top rung of U.S. men's soccer.