Multifamily

​Left to right: Nch'ḵay̓ CDO Jennifer Podmore Russell, Nch'ḵay̓ CEO Mindy Wight, and CAPREIT President & CEO Mark Kenney.
Multifamily

CAPREIT Sells International Plaza In North Van To Squamish Nation For $54.2M

The International Plaza Apartments in North Vancouver sit on reserve land and the transaction brings the property back under Squamish Nation ownership.

Listed Commercial

Receiver Seeks Sale Of Midtown Toronto Site Approved For 32-Storey Flatiron

​The parcels at 3742, 3748, and 3750 Bathurst Street were placed under receivership in June with lenders alleging indebtedness of over $28 million.

Multifamily

Is Canada Entering A "Golden Era" For Investing In Seniors Housing?

Canada's senior population is expected to hit 5.3 million over the next 10 years, growing by 1.7 million during that period.

Listed Commercial

Steeles Development Site Listed With Approvals For 40, 44 Storeys

Located at the border of Toronto and Markham, the site spans over two acres and has official plan and zoning bylaw amendments in place for over 1,000 new residential units.

Multifamily

PCI Sells 3 East Van Rental Buildings Valued At Over $160M To Realstar

​PCI Developments has sold its Yarrow, Aster, and Kaslo rental buildings in East Vancouver to RealStar in a share sale.

Multifamily

Landa Global To Buy Burnaby Siena Project Under Receivership For $12M

The Siena the Heights project at 4451 Hastings Street in Burnaby was being developed by I4 Property Group before it was placed under receivership in February.

Multifamily

OpenForm Buys Foreclosed Davie & Nicola Project In Vancouver For $38.5M

The Davie & Nicola project by Align Properties was set for 1485 Davie Street in Vancouver and has been under foreclosure since Sepetember 2023.

Opinion

Op-Ed: Development Flippers Aren't Breaking The Market — Policy Is

​If the goal is to get more home completions, getting a project approved and into the hands of a builder who can see it through construction should be seen as a positive, says Goodman Commercial.

Multifamily

"The Entire Country Is Looking At Us": Inside Alberta's Hot Multi-Family Market

​All kinds of records were set in Calgary and Edmonton last year, as multi-family assets become a "safe haven" asset class.

Multifamily

Carttera Buys Queen Street W Project For $28M, Planning 27 Storeys

Republic Developments had previously received approval for a 24-storey tower at 1266 Queen Street West in Toronto, but Carttera has proposed some revisions, including a pivot from condo to rental.

Multifamily

Fiera Buys Quarry Park Towers For $120M In Top Q1 Transaction In Calgary

​The acquisition of DeVille at Quarry Park was announced by Fiera Real Estate in January, but financial details were not disclosed.