Calgary
Multifamily
Boardwalk REIT Acquires Elbow 5 Eight Property In Calgary For $93M
The Elbow 5 Eight rental building is located at 730 58 Avenue SW in Calgary and was developed by Cove Properties.
Apr 07, 2025
Construction
Toronto Continues To Have Most Cranes In North America, Well Over Double Its Closest Competitor
Business as usual: Toronto continues to outstrip other major Canadian and American cities in its number of construction cranes by a landslide.
Development Projects
Brookfield Residential Among Builders Chosen For 470-Acre Taza Park In Calgary
Taza Park is the first village within the 1,200-acre Taza project in Calgary by the Tsuut’ina Nation and Canderel.
Policy
Calgary & Vancouver Among 27 Cities To Receive Housing Accelerator Fund Bonus
The Government of Canada launched the Housing Accelerator Fund in March 2023 and begun announcing funding commitments in September 2023.
This $5.2M Lake Simcoe Retreat Is The Ultimate Four-Season Escape
Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.
Listed Luxe
This Mount Royal Estate Is A Modern-Meets-Timeless Masterpiece
Nestled on the esteemed and tranquil Prospect Avenue in Mount Royal, Calgary’s most exclusive neighbourhood, the distinguished estate home exudes an aura of timeless elegance.
Real Estate News
Sotheby's "Optimistic" For Luxury Markets In 2025 After "Tumultuous" 2024
With interest rates on the decline and buyer sentiment up, Sotheby's International Realty Canada President and CEO Don Kottick says he's "optimistic" about the luxury market for 2025.
Listed Commercial
Vista Heights Office Complex In Calgary Under Receivership Listed By CBRE
The Vista Heights office complex sits at 1925 & 1933 18th Avenue NE in Calgary and was placed under receivership in August 2024.
Office
Armco Buys First Canadian Centre In Calgary For $46.5M, Planning Second Tower
The First Canadian Centre sits at 350 7 Ave SW in Calgary and was acquired by G2S2 Capital Inc. through Armco Capital Inc.
Policy
City Of Calgary Considering "Proactive Measures" Against Short-Term Rentals
The policy recommendations come a year after the City of Calgary initiated a study of short-term rentals.
Industry
Teresa Goldstein Talks National Housing Council And The “Fascinating Conversation” Of City Building
There’s a lot of pessimism surrounding housing in Canada, but Goldstein speaks on the topic with an undertone of hopefulness and positivity. “The fact that we are having these conversations, I think, is so exciting,” she says.
Development Projects
Mattamy Homes Introduces Farmhouse-Inspired Master-Plan Living To Sherwood Park
For those looking to lay down roots in Sherwood Park, a true best-of-both-worlds destination, now may be just the right time — as the community welcomes Hearthstone.
Development Projects
Calgary Planning Commission Approves New $270M Arts Commons Expansion Building
The Arts Commons Transformation (ACT) project is being undertaken by the Calgary Municipal Land Corporation (CMLC).
Office
Oxford Properties & AIMCo Sell 4-Tower Bow Valley Square In Calgary For $140M
The Bow Valley Square office complex was acquired by Armco Alberta, subsidiary of George Armoyan's G2S2 Capital Inc.
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