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Auto dealer to developer: OpenForm leverages its advantages
Auto dealer to developer: OpenForm leverages its advantages
Most developers, including OpenForm Properties, agree that getting redevelopments approved, built and sold in the Vancouver region has been a challenge, and will probably remain so given the latest global economic and trade chaos.
Beyond interest rates: The real drivers of RE investment now
GUEST SUBMISSION: There was a time when a Bank of Canada rate cut would have dominated headlines, shaping economic expectations for months. Now, it barely registers, drowned out by political shifts, trade tensions and policy reversals that change within hours.
KingSett has nearly $1.2B tied up in receivership proceedings
Already holding hundreds of millions of dollars in mortgages that are currently tied up in insolvency proceedings, Toronto-based private equity real estate investment firm KingSett Capital recently initiated two more receivership proceedings in British Columbia, adding to an already-extensive list.
Housing was poised for a comeback but trade war jitters set in
Over the past quarter-century, Canada’s housing market has brushed off every crisis that has come its way. It may finally have met its match in the erratic policies of U.S. President Donald Trump.
Path to completion outlined for Thind's Eclipse tower
The B.C. Supreme Court has granted the Eclipse project by Thind Properties that's under creditor protection a second extension under the Companies' Creditors Arrangement Act. This follows a report outlining a plan on how to proceed.
Parkland reaffirms board's capability to lead strategic review
Parkland Corporation (PKI-T) has published a presentation, available for download here that refutes claims being advanced by Simpson Oil Limited last week, saying Parkland's refreshed, independent board is the right team to take the company through its ongoing strategic review.
The future of Hudson’s Bay as a Canadian house of brands
As Hudson’s Bay continues its restructuring under bankruptcy protection, questions loom about whether the historic retailer can be reborn. While some anticipate a full wind-down or real estate selloff, others see an opportunity for transformation.
Vancouver businesses ditch main streets for laneways
People who love urban life and spaces have always had great hopes for the city’s alleys. Vancouver has more of them, proportionally, than Toronto does and certainly more than many European cities.
Building on Jericho Lands: First 4,000 homes possible in 2028
A few additional key details about the massive Jericho Lands development emerged last week during a public hearing with Vancouver City Council on the proposed Official Development Plan to support the project.
Third Space proposes 19-storey rental tower in Vancouver
Local developer Third Space Properties has plans to achieve a 19-storey, mixed-use rental housing tower near SkyTrain’s Broadway-City Hall Station. The proposal calls for 181 secured purpose-built rental homes, including 145 market rental units and 36 below-market rental units.
35-storey tower proposed near Guildwood GO
A 35-storey residential tower is proposed for Scarborough’s Guildwood neighbourhood. Designed by Arcadis for Blacktusk Group, on behalf of property owner Livingston Realty Holdings, the tower would rise within Guildwood station’s Major Transit Station Area.
A three-storey home built in just three days?
It takes 72 hours, not 72 days, to build. The crane showed up on Toronto's Seymour Avenue on Monday morning and, by Wednesday afternoon, a three-storey house had been erected. Its components were fabricated over five weeks by Simple Life Homes.
Ontario Place developer Therme in NY Times spotlight
A New York Times investigation showed that, in pitching itself to the world, Therme has misrepresented itself, misleading the Ontario government and exaggerating its experience in its bid to secure the Toronto deal to redevelop Ontario Place.
No buyers express interest in Nfld.'s Marble Mountain resort
When the provincial government issued a request for proposal for the sale of Marble Mountain in February, tourism minister Steve Crocker knew the process could be challenging. When it closed on April 9 without any interested buyers, Crocker wasn’t surprised.
Vancouver moves to prezone areas to speed development
OPINION: The City of Vancouver is moving to prezone huge swaths of its Broadway Plan area, a 500-block section of the city that stretches from Vine Street to Clark Drive and 16th to 1st avenues.
Non-profit housing construction gains ground in Toronto
While affordable rental housing still accounts for a sliver of Toronto’s total housing development, it made up a larger portion of overall housing starts across Toronto last year, city and federal data shows.
Blackstone’s real estate realizations fell 65% in Q1
Blackstone’s transaction activity dipped in Q1 as U.S. President Donald Trump’s trade war has lowered the temperature across capital markets. The firm’s Q1 realizations, or profit-generating trades, for its real estate business fell 65 per cent compared to last year to just $4.3B.
Ocean West, Korean lenders foreclose on New York office tower
Ocean West Capital Partners led the successful UCC foreclosure of 285 Madison Ave. last week, a 511,000 square-foot office property primely located in Midtown Manhattan near Grand Central Terminal. Ocean West represented a consortium of insurance companies in South Korea.
Institutional money floods senior housing as demand booms
Major institutional investors and sovereign wealth funds are filling in the gap left by banks to fund an increasing need to house America’s aging population. With banks gun-shy about CRE lending, they have been out of financing senior housing construction.
Walmart debuts Florida distribution centre
Walmart has opened a major distribution centre in Jacksonville, that will serve as a hub for the Southeast. The one-million-square-foot facility will handle items for 18 Sam’s Club locations as well as seven clubs in Puerto Rico.
Industry Events
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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Land & Development
Jun 05 2025
Metro Toronto Convention Centre - North Building
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Southwestern Ontario Real Estate Forum
Jun 11 2025
to Jun 12 2025
RBC Place London, Ontario
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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