Multifamily
Multifamily
Foreclosed Project By Align Properties Near Oakridge Park Sold For $17M
Align Properties was planning two six-storey rental buildings at 5589-5661 Baillie Street in Vancouver before Amber Financial initiated foreclosure proceedings.
May 21, 2025
Profiles
CPI Capital’s August Biniaz On How Tariffs Are Stifling Cross-Border Real Estate Investing
We spoke with Co-Founder of CPI Capital August Biniaz about what it means to be a Canadian business with a hand in US real estate amidst an ever-shifting landscape of tariffs.
Development Projects
Nicola Wealth To Buy Foreclosed Rental Project In Mount Pleasant For $13M
The project was set for 304 and 316 E 1st Avenue in Vancouver before a foreclosure proceeding was initiated in July 2023.
Commercial
Vancouver CRE Deals In 2024 Hit Lowest Total In A Decade, 2025 To Remain Cloudy
Commercial real estate transactions in Greater Vancouver totaled to 1,442 in 2024, the lowest total in over a decade.
Award-Winning Heritage Building Hits The Downtown Vancouver Market
Known originally as The British Columbia Securities Building, 402 West Pender Street is now an award-winning, nine-storey heritage property that offers investors and owner-users a rare foothold in the city’s tightly held commercial core.
Multifamily
Sightline Properties Buys 26-Lot Land Assembly In East Vancouver For $100M
The land assembly consists of 26 parcels between E Broadway and E 10th Avenue in Vancouver, near Renfrew Street.
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
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.
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.
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.
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