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National

Ontario Teachers', Great Gulf, Nch’ḵay̓, UCPG name new senior execs

Don Wilcox Commercial CEOs National Jan. 5 2024

Pierre Cherki will become the first executive managing director, real estate, at Ontario Teachers' Pension Plan on Jan. 22. We also report on senior executive moves at Great Gulf, Nch’ḵay̓, BTB and at the University of Calgary Properties Group, among others...

When development deals go wrong, damages come in the form of land value, not lost profits

Daniel Waldman Commercial Land National Jan. 3 2024

When a development land transaction goes awry, an innocent purchaser can sue for damages. However, damages are usually based on the difference between purchase price and market value – not potential lost profits.

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