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Skyline’s apartment developments span much of Ontario

3 days ago

Skyline’s apartment developments span much of Ontario

Skyline Group of Companies already manages about 20 per cent of the rental apartment buildings in Owen Sound, Ont., and that number will increase after the recent groundbreaking for a 267-unit complex at 3195 E. Bayshore Rd.

Hennick buys $83M Mandarin Oriental retail asset in Boston

Toronto-based private investment firm Hennick Group has acquired the Mandarin Oriental Retail Collection in Boston for $83 million, a ritzy asset located at the base of a luxury hotel and inside the Prudential Center.

Derek Lobo launches Canada's National Apartment Council

Derek Lobo, the founder and CEO of SVN Rock Advisors Inc. who has spent more than three decades in the apartment industry, has founded the National Apartment Council to provide a united voice for Canada’s private apartment developers.

Site Selection highlights Canada’s best development locations

From the looks of the data leveraged to compile this year’s Canadian Competitiveness Awards and Canada’s Best Locations honorees, Canada remains a solid bet for corporate end users and favourable for commercial real estate demand.

Brookfield to sell retail component of Shangri-La Vancouver

Less than three months after acquiring the Shangri-La Vancouver, which is set to be rebranded by Hyatt, Canadian multinational investment firm Brookfield is looking to flip the retail component they acquired alongside the hotel.

First ‘Miniso Land’ in Canada coming to West Edmonton Mall

Miniso, the Chinese-founded lifestyle retailer known for its affordable design-led products and playful collaborations will launch the country’s first 12,000-square-foot Miniso Land concept store this November at West Edmonton Mall.

Gucci to open largest Canadian store at Yorkdale

Gucci has begun construction on its largest store in Canada at Toronto’s Yorkdale Shopping Centre. The upcoming Gucci Yorkdale store will span about 12,000 square feet on a single level.

TD adding specialized mortgage advisors to its branches

TD is adding hundreds of specialized mortgage advisors across its 1,060 Canadian branches, beefing up training and layering in tech so clients actually feel they’re being guided by experts, not glorified tellers.

ReMax forecast splits Canada into buyer's, seller's markets

ReMax Canada forecasts buyer’s markets in Ontario and B.C. this fall with lower prices in many major cities. Atlantic Canada and the Prairies are to shift to a seller’s market, the realtor says in its 2025 Fall Housing Market Update.

B.C. developers get creative to lure cautious condo buyers

B.C. development company Anthem Properties Group Inc. launched a strategy recently to do whatever it took to convince potential buyers, including some people renting in their existing projects, to take the plunge.

Vancouver accelerating demolitions of lowrise rentals

The City of Vancouver is accelerating the demolition of lowrise, often affordable, older rental apartment blocks so they can be replaced by increasingly taller towers along the Broadway and Cambie corridors, says a former city planner.

The Loft is Calgary's latest office-to-housing conversion

A long-vacant office building in downtown Calgary has been transformed into housing units, as city officials and developers mark the launch of The Loft — a 56-unit rental project on 4th Avenue S.W.

Enwave's Green Heat expansion offers retrofit opportunities

A sizable expansion of Enwave Energy Corporation’s Green Heat system at the Pearl Street Energy Centre will enable more of Toronto's buildings to access low-carbon heating. The three-storey expansion will be able to offset up to 11,600 tonnes of CO2.

London city staff won't back 3-tower plan due to water issues

London city staff are recommending against Copia Developments' plan to build three 14-storey apartment buildings on Highbury Avenue just south of  Kilally Road, in part due to questions about how its construction would affect nearby wells. 

Plans for massive mixed-use St. Laurent project unveiled

The Canada Lands Company held an open house to unveil its plans over the next seven years for a massive residential-commercial-cultural-greenspace project on the site of the 69-year-old former headquarters of the National Film Board in St. Laurent.

Two high-profile scandals spark real estate reckoning

The real estate industry in Canada is facing a profound reputational challenge in the wake of two high-profile scandals involving iPro Realty Ltd. in Ontario and Re/Max Real Estate (Central) in Calgary. 

BGO leans on AI to guide investment decisions

A commercial real estate finance giant is giving artificial intelligence a seat at the table. Miami-based BGO has begun integrating AI into its investment research models to identify undervalued assets nationwide.

Nomura builds CRE platform with senior hires from Barclays

Nomura Holdings is creating a U.S. CRE platform with several key hires from Barclay. Nomura tapped Larry Kravetz as head of commercial real estate and commercial mortgage-backed securities and Frank Gilhool as head of commercial real estate warehouse financing.

America’s luxury hotels are booming. The rest are feeling the squeeze

Americans are travelling less amid sticky inflation, swirling tariffs and a weakening job market. But for the country’s elite, a little economic bumpiness is no reason to cancel a vacation.

Ikea-linked foundation plans sale of $673 million U.K. hotels

The foundation established by the founder of Ikea to manage funds to support the retailer’s long-term future is planning to sell a US$673-million portfolio of U.K. hotels.

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