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Calgary

PBA begins first downtown Calgary office-to-hotel conversion

Mario Toneguzzi Commercial Hotels and Resorts Calgary May. 30 2024

Calgary-based real estate company PBA Group of Companies, with U.S.-based partner Concord Hospitality, is repurposing an older 12-storey former office building in downtown Calgary and converting it into a hotel.

Many challenges facing Canada's development land market

Steve McLean Residential Land National May. 30 2024

Canadian development land sales peaked at around $30 billion in 2022, dropped to $16.5 billion in 2023 and are on pace for about $10 billion this year.

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