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Humbold Properties lists majority of its GTA portfolio for sale

2 days ago

Humbold lists majority of its GTA portfolio for sale

After listing two big assets last year, Toronto-based developer Humbold Properties has listed an additional eight properties for sale, according to a CBRE marketing brochure obtained by RENX.

Iconic Fairmont Chateau Montebello is officially for sale

One of Canada’s most iconic hotel and resort properties, the Fairmont Chateau Montebello on the banks of the Ottawa River midway between Ottawa and Montreal, is now for sale after being pushed into receivership last year.

myAbode joins forces with Sutton Group real estate

Sutton Group real estate has joined forces with myAbode to create a Canadian network of over 12,000 agents who, together, handle over 60,000 transactions valued at billions of dollars annually across the country.

STM is setting its sights on real estate development

The Société de transport de Montréal (STM) has established a limited partnership to participate in real estate development projects for its metro stations and other public transit infrastructure.

Winnipeg’s central location anchors national corridors

Strategically located in the geographic centre of Canada and the traditional gateway to Western Canada, Winnipeg has long been a key commercial centre and financial hub. Its importance as an inland port may be set to grow.

Mississauga plans ‘once-in-a-generation’ transformation

Mississauga has announced a major re-envisioning of 12 acres of city-owned land next to its city hall. The vision is anchored by a major conference centre, a 400-room hotel, a performance venue and more.

Land claim could be reducing property values by over 30%

Some B.C. appraisers are warning that the negative public perception caused by the Cowichan land title case and uncertainty over its impacts could lower private land values by as much as 30 to 40 per cent.

Vancouver approves major redevelopment for Granville St.

Downtown Vancouver’s Granville Street is poised for a major transformation, and at the heart of it is a landmark project at 800 Granville that aims to inject life back to the city’s most storied entertainment strip.

Molson site could accommodate up to 1,000 more homes

The implementation of a new municipal bylaw in Montreal allows for taller and denser buildings in the city centre and opens the door to the addition of 1,000 housing units to the Montoni Group project at the former Molson brewery.

Five towers proposed near Scarborough Centre station

An application to the City of Toronto seeks to permit a predominantly residential, five-tower community rising to 48 storeys at 85 Corporate Dr. in the Scarborough Centre area. The Northcrest Developments project would be near the under-construction Scarborough Centre station.

B.C. housing developers love their entitlements

OPINION: Metro Vancouver city councils have approved 132,000 housing units, but developers haven't started to build them. Much money can be made by monetizing entitlements through a resale or flip.

Ottawa outperforms other cities on hotel occupancy

A strong winter season gave Ottawa the highest boost in hotel occupancy of any major Canadian city last year, according to a new report from Avison Young. The occupancy rate in the Ottawa-Gatineau region rose to 70.6 per cent.

Casino hotel opening delayed in Montreal

The opening year of the hotel under construction at the Montreal Casino is likely to be pushed back to 2028. Loto-Québec president and CEO Jean-François Bergeron confirmed this information to the Journal on Wednesday.

Concerns over proposed hotel, spa in Canmore

A hotel and spa proposed to be located about halfway between Quarry Lake and the Canmore Nordic Centre is drawing concerns from residents. The hotel and Nordic spa would occupy between 3.5 and 5 hectares of the 7.5-hectare site.

Ontario mulls filling in part of lake for convention centre

Ontario Premier Doug Ford confirmed the province is considering filling in part of Lake Ontario in downtown Toronto to build a "shock-and-awe" multi-billion-dollar convention centre to host events too big for the Metro Toronto Convention Centre.

Brookfield sells California mall for $530 million

A joint venture of Redwood West, Panattoni, Prime Finance and Prism Places has paid US$530 million for Victoria Gardens, a 1.2-million-square-foot retail asset in Rancho Cucamonga, Calif., within the Inland Empire. Brookfield Properties sold the property. 

$4B mixed-use development moves forward in California

The design of a 5,000-person capacity concert hall is the latest piece of the US$4-billion OCVIBE mixed-use entertainment district in Anaheim to be unveiled as plans move forward to complete the first phase of the project.

Big U.S. industrial user activity rebounded in 2025

Those looking for industrial space this past year chose to supersize and upgrade, according to new Cushman & Wakefield research. The number of companies gobbling up 500,000 square feet or more of industrial and logistical space surged 32 per cent.

Ohtani settles claim he bullied broker, developer off Hawaii project

Shohei Ohtani and his agent, Nez Balelo, settled a lawsuit accusing the pair of using the Los Angeles Dodgers superstar’s fame as leverage to force capital partners out of a planned $240M residential project on Hawaii’s Big Island.

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