Finance
Office
KingSett Capital Buys Pender Place Office Towers In Vancouver From CF & IMCO
Cadillac Fairview and the Investment Management Corporation of Ontario put 700-750 W Pender Street on the market earlier this year.
Sep 04, 2025
Development Projects
OPTrust Buys Out Westbank From Sen̓áḵw Project By Squamish Nation
OPTrust previously held a stake in the first two phases of the landmark Sen̓áḵw project and has now acquired Westbank's stake in the project, increasing its stake to 50%.
Retail
RioCan Eyeing Buyout Of Hudson's Bay From Georgian Mall, Oakville Place
RioCan owns 50% of the Georgian Mall and Oakville Place, while the RioCan-Hudson's Bay joint venture owns the remaining 50%.
REITs & Institutions
Dream Residential REIT Acquired By US-Based Morgan Properties In $354M Deal
Dream Residential REIT (TSX: DRR.UN) announced it was undergoing a review earlier this year, which is now ending with an all-cash sale to Morgan Properties.
This GTA Company Is Reimagining Renos With Multiplex Conversions
As housing demand soars and affordability dwindles, Toronto’s “missing middle” has gone from planning lingo to urgent priority. This is where Plexcon Construction steps in.
Finance
GTA Rental Supply Deficit To Hit 235,000 Units Over Next Decade
A report released Wednesday by BILD shares sobering insights into rental housing needs in the GTA and shares how government reforms can improve project feasibility and spur rental development.
Office
H&R REIT Offloads Canadian Pacific Building With Zoning Approvals For $20.2M
H&R REIT’s plans for a 21-storey mixed-use building with 127 condo units were approved by Toronto City Council in February 2024.
Breaking News
RECO To Shut Down All 17 iPro Brokerage Locations By Tuesday
The shutdown follows an inspection by RECO that revealed the Mississauga-based brokerage had "a significant shortfall" in their accounts, constituting a TRESA violation.
REITs & Institutions
"No Chance Of Success": What HBC Landlords Are Saying About Ruby Liu's Plan
Most of Hudson's Bay's former landlords, all large REITs or institutions, have filed responses in court opposing the sale of 25 HBC leases to Ruby Liu.
Finance
Newly Launched Financing Model Makes It Easier To Access Your Home Equity
The Home Equity Partners Inc. has debuted a HESA model in Canada, giving GTA homeowners the opportunity to access flexible financing by tapping into their home’s value. The best part? It doesn't involve taking on debilitating debt.
Development Projects
Dream Impact Trust Sells 10% Stake In 49 Ontario To CentreCourt, Eyes Further Asset Sales
Dream Unlimited (TSX: DRM) previously submitted an application for a 49-storey and 45-storey tower at 49 Ontario Street in Toronto.
Under Construction
"Self-Defeating": With DCs Out Of Control, Homeowners Are Paying The Price
We are at the point where builders can’t build homes that people can afford to buy, and the Feds must answer the bell, writes RESCON President Richard Lyall.
Policy
New Developer Alliance Pushes Feds For Housing Policy Overhaul, Including Foreign Buyer Ban Exemption
Ahead of the release of federal Budget 2025 this fall, a new alliance made up of 13 big names in homebuilding has put out a suite of recommendations to address the housing crisis.
Hamilton
Hamilton Temporarily Lowers Development Charges By 20%
The pilot project is intended to spur housing development and improve affordability for Hamiltonians, and will run from September 2025 to August 2027.
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