Finance
Development Projects
Dream Office REIT Secures Grant To Convert 16-Storey Office Tower In Calgary
The office building sits at 606 4th Street SW and Dream Office REIT (TSX: D.UN) has secured an $11 million grant via Calgary's office conversion incentive program.
May 16, 2025
REITs & Institutions
Ravelin Properties REIT Issues "Going Concern" Warning
Ravelin Properties REIT is currently in discussions with its lenders regarding recapitalization, but will be unable to continue as a going concern if they are unsuccessful.
Industrial
QuadReal Buys Maple Leaf Self Storage Chain Valued At Over $500M From Larco
The Maple Leaf Self Storage portfolio includes 11 properties in Metro Vancouver and four in Calgary and is valued at more than $500 million.
Development Projects
Wesgroup Joins Crombie REIT On Four Safeway Redevelopments In Metro Vancouver
Wesgroup Properties is joining Crombie REIT on its Kingsway & Tyne, Lynn Valley, Hastings, and West Broadway projects across Metro Vancouver.
Waterfront Views Abound At This Luxurious West Vancouver Condo
In the heart of Ambleside, where the sea meets the city in a quietly glamorous embrace, a rare waterfront opportunity has surfaced at Grosvenor Ambleside — and it’s every bit as extraordinary as the name implies.
Development Projects
Crombie, Northam Looking To Replace Scarborough Beer Store With 36-Storey Rental
Crombie REIT entered into a co-ownership agreement in 2018 that resulted in 50% interest in 3130 Danforth Avenue being sold to a subsidiary of Northam Realty Advisors.
REITs & Institutions
RioCan Recognizes $209M Investment Loss From Joint Venture With Hudson's Bay
RioCan REIT (TSX: REI.UN) and Hudson's Bay formed their joint venture in 2015.
Construction
Inside Forum Asset Management's $15.5M Development Charges Battle In Guelph
Forum Asset Management announced earlier this month that it is putting the second phase of its student housing project in Guelph on hold after the City's decision to impose $15.5 million in development charges.
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.
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.
Taxes
Toronto Vacant Home Tax Declarations Are Due Tomorrow
Toronto homeowners have until tomorrow — April 30, 2025 — to declare the 2024 occupancy status of their property, or face interest on late payments.
Policy
Experts Analyse Poilievre and Carney's New Home GST Rebate Policies
The two proposals, while similar, have three main differences: eligibility, price scope, and financing — all of which will dictate their effectiveness.
Industrial
Choice Properties REIT Announces $340.3M In Industrial Property Acquisitions
The acquisitions announced by Choice Properties REIT (TSX: CHP.UN) occurred subsequent to Q1 2025.
Industry
KingSett Capital Now Has Nearly $1.2B Tied Up In Receivership Proceedings In BC, Ontario
KingSett Capital recently initiated two new receiverships in BC, adding to an extensive list of mortgages tied up in insolvency proceedings in that province and in Ontario.
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