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Edmonton

ProCura’s WSP Place, adjacent lots in Edmonton under receivership; $55M owing

Howard Chai Commercial Receivership Edmonton 1 day ago

Edmonton-based ProCura Real Estate Services is facing a series of insolvencies, with three properties it owns all being placed under receivership last month, according to two separate filings in the Court of King’s Bench of Alberta.

CAIC: How value-add capital is reshaping Canadian multifamily

Steve McLean Residential Apartments National 2 days ago

Multifamily is shifting across the country as investors seek value-add opportunities in existing inventory, while the appeal of developing purpose-built rentals is waning, the Canadian Apartment Investment Conference at the Metro Toronto Convention Centre heard last week.

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