Multifamily
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.
Feb 14, 2025
Multifamily
CAPREIT Buys MacLaren In Edmonton, 43Twenty In Vancouver For $97.6M
The MacLaren is located at 10141 124 Street in Edmonton while 43Twenty is located at 4320 Slocan Street in Vancouver.
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.
Lions Bay Home With View Of Howe Sound Hits Market For $2.4M
The beautiful property sits at 170 Highview Place in the scenic community of Lions Bay in British Columbia.
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.
Multifamily
Foreclosed Auberry Project In Vancouver By iFortune Homes Sold For $16.5M
iFortune Homes was planning a project called Auberry at 463 W 59th Avenue in Vancouver before foreclosure proceedings were initiated in April 2024.
Multifamily
Landa Global Buys Foreclosed Vancouver Elm41 Project By iFortune For $14M
iFortune Homes was planning a project called Elm41 at 2465 W 41st Avennue in Vancouver before foreclosure proceedings were initiated in August 2023.
Multifamily
Minto REIT Buys 50% Stake In Lonsdale Square, Entering Metro Vancouver Market
Lonsdale Square is 113-unit rental building located at 126 E 21st Street in North Vancouver that Minto Apartments developed with Darwin Construction.
Multifamily
Starlight Buys Victoria Property Under Receivership For $23.5M After Bidding War
The 87-unit rental building at 4026 Quadra Street in Victoria was previously owned by Asfar Holdings Ltd. when it was placed under receivership in March.
Multifamily
RioCan & Allied Sell 8-Storey Strada In Toronto To CAPREIT For $48M
The 8-storey Strada at 555 College Street in Toronto was developed in 2021 by RioCan and Allied Properties REIT.
Multifamily
First Capital REIT Sells 50% Stake In North Vancouver Project For $29M
Victor, located at 65 Chesterfield Avenue in North Vancouver, was developed by Cressey Development and First Capital REIT.
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