Cities

Crombie REIT Buys Safeway At South Surrey's Ocean Park Shopping Centre For $12.7M
REITs & Institutions

Crombie REIT Buys Safeway At South Surrey's Ocean Park Shopping Centre For $12.7M

The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.

Development Projects

Sunray Group Buys North York Office Complex To Transform Into "Toronto Fortune Centre"

​Slate Office REIT owned 95 and 105 Moatfield Drive in North York, then sold the complex in 2022 to Visionary Holdings Inc., which ended up in receivership in 2024.

Breaking Charts

Toronto Home Prices Dropped Nearly $55K In July, Sellers Pulled Back

​GTA prices took another leg down in July, led by freehold homes, but a sharp contraction in listings suggests sellers are increasingly unwilling to transact at today’s clearing price.

Development Projects

Toronto Townhouse Project With 65 Unsold Units Placed Under Creditor Protection

​At 1682 Victoria Park Avenue in North York, Solotex Group was planning a 147-unit townhouse project called Vic Towns. 65 units remain unsold.

Real Estate News

City Of Vancouver Names Preferred Partner In Bid For MLB Expansion Team

​The Show Vancouver, led by Cape Group's Zack Ross, will now move into a formal partnership with the City to explore bringing Major League Baseball to Vancouver.

Development Projects

Vancouver City Council Green-Lights Holborn's Supertall

Combined, the towers would bring roughly 1,900 new homes, 920 hotel suites, and significant public amenity space to downtown Vancouver.

Sold

Sold: STOREYS Moving Into New Toronto Office

​We're trading our old digs for the Site. Toronto Campus: a beautifully repurposed industrial laneway building in Little Italy that's been sitting on our wish list since we first laid eyes.

Real Estate News

Burquitlam Rising: What Developers Saw (And See) In The Burgeoning Neighbourhood

​Evan Allegretto of Intracorp and Mike Mackay of Strand, both of which have multiple towers under construction in the area, discuss what drew them to Burquitlam.

Real Estate News

GTA Low-Rise Sales Outpace Historic Average For Third Straight Month

​BILD COO Justin Sherwood calls this moment "a once-in-a-lifetime opportunity for new home buyers to purchase the home they desire."

Development Projects

Recently-Completed Manderley Condo In Toronto Placed Under Receivership

​Located at 1478-1496 Kingston Road in Birch Cliff, The Manderley by Nova Ridge Development Partners Inc. has 194 units, 70 of which are unsold.