Industry
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%.
Aug 29, 2025
People
Long-Time Royal LePage COO Carolyn Cheng Retiring
Cheng stepped into the newly created role of Chief Operating Officer in May 2016, and has spent over 20 years in total with Royal LePage.
Multifamily
Landa Global To Buy Burnaby Siena Project Under Receivership For $12M
The Siena the Heights project at 4451 Hastings Street in Burnaby was being developed by I4 Property Group before it was placed under receivership in February.
Industry
A Timeline Of Events In The Ongoing $10M iPro Realty-RECO Scandal
Despite discovering a $10.5-million shortfall at iPro Realty in May, Ontario’s real estate regulator stayed silent for months — and let the brokerage's leaders walk away uncharged.
Storybook Estate In King Township Brings Country Living To A New Level
Kincora Farm is more than a property — it’s a self-contained retreat where design, craftsmanship, and landscape come together in spectacular harmony.
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%.
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.
Industry
Altus Group In “Strategic Review” That Could Result In Sale
Altus Group has released a statement revealing that the company is in a “process of review, which includes but is not limited to acquisitions, divestitures, and a sale or merger.”
Development Projects
High Park Church Conversion In Receivership Finds Buyer, Presales To Be Terminated
Bogged down by budget overruns, the condo project at 248 and 260 High Park Avenue has yet to come to fruition, and now the property’s fate is up to the new owner.
Retail
Claire’s Canadian Arm Under Creditor Protection With $8M In Net Losses This Year
While stores will stay open during the restructuring, it’s not been uncommon over the past few years for embattled retailers have their CCAA proceedings culminate in liquidation.
Multifamily
OpenForm Buys Foreclosed Davie & Nicola Project In Vancouver For $38.5M
The Davie & Nicola project by Align Properties was set for 1485 Davie Street in Vancouver and has been under foreclosure since Sepetember 2023.
Industry
The 2025 PacificWest Conference Lands In Vancouver This October
On October 21 and 22, Western Canada’s premier real estate conference will take over the Vancouver Convention Centre East, bringing together the country’s realtors, developers, brokers, and builders for two full days of learning, dialogue, and connection.
Industry
Receivership Over Logan Avenue New Build Marks Kaleido’s Third In Four Years
Elevate at Logan is a new stacked townhouse complex in Toronto's Riverdale, placed under receivership in July over a $14-million debt.
People
Ontario Real Estate And Development Industry Hires And Promotions: July 2025
Notable moves include Joseph Feldman, who has been named President of Camrost Felcorp, and former TAS executives Hugh Clark and Khan Tran, who have joined the City of Toronto and Capital Developments, respectively, in executive roles.
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