Finance

The Pender Place office towers at 700-750 W Pender Street in Vancouver.
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.

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.

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.

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.

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.