Multifamily

The two-tower project First Capital REIT was planning at 895 Lawrence East in Toronto.
Development Projects

Bazis Buys Two-Tower Project From First Capital For $32M, Planning Third Tower

First Capital REIT (TSX: FCR.UN) has sold 895 Lawrence Avenue East in North York, where it was planning two towers. Bazis is now planning three towers for the site.

Multifamily

Concert Properties Completes Seniors Housing Divestiture, Securing $334M

Over the past year, Concert has sold its four Tapestry seniors housing properties in BC and Ontario to Tridel, Fengate Asset Management, and Chartwell Retirement Residences.

Multifamily

Forum To Reposition Ottawa Student Housing Tower Under REIIF After $183M Purchase

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

REITs & Institutions

OTPP Sells Amica Seniors Housing Portfolio To US's Welltower REIT For $4.6B

The Ontario Teachers' Pension Plan is selling a portfolio of 47 properties owned under Amica Senior Lifestyles to Ohio-based Welltower REIT.

Commercial

Vancouver Hollywood Theatre & Residences Sold For $47.5M To Dayhu

​The Hollywood Theatre and Hollywood Residences sit at 3123 and 3137 W Broadway in the Kitsilano neighbourhood of Vancouver.

Multifamily

Starlight & BGO Buy Pickering Rental For $127M In Largest Q4 Multi-Family Deal

​Starlight Investments and BGO announced the acquisition of Fourteen75 in November, but did not disclose the purchase price.

Commercial

Westbank Sells Remaining Stake In Deloitte Summit & Toronto House For $60.5M

Allied Properties REIT acquired stakes in Deloitte Summit and Toronto House from Westbank in March 2024, then acquired the remaining interest in December.

Multifamily

Brampton Development Site Planned For 3 Towers Sold Under Receivership

With over $10M in debt linked to the property by late 2023, the site was placed under receivership on February 8, 2024.

Multifamily

Landa Global To Buy Vancouver Modus Project Under Receivership For $10.6M

The Modus project planned for 7576 Granville Street in Vancouver was being built by Centred Developments before it was placed under receivership in May 2024.

Industry

Difficulties In China Force Aoyuan To Sell Projects In Vancouver, Toronto

The sales China Aoyuan Group has made are pertaining to The Grove and One Central in Metro Vancouver, and 120 Peter Street and M2M Condos in Greater Toronto.

Multifamily

Port Moody Bayrock Terrace Project Under Receivership Finds Buyer

​The Bayrock Terrace project was being planned for 3000 Henry Street in Port Moody by Aultrust Financing before it was placed under receivership by KingSett Capital in July.