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Windmill looks to the future with Jeremy Reeds at the helm

2 days ago

Windmill looks to the future with Jeremy Reeds at the helm

A succession plan for Jeremy Reeds to move into Windmill Development Group founder Jonathan Westeinde’s CEO role has been in the works for several years. Now that it's being implemented, Reeds is already advancing the company's development portfolio.

Fengate's Communities brand to oversee growing portfolio

Fengate Asset Management has launched Fengate Communities to move its rapidly growing multiresidential property portfolio under one unified brand. In the coming months and years, the new brand is slated to expand by almost a dozen properties and developments.

Canada chosen as host for new multinational defence bank

The headquarters of a new global defence bank will be in Canada, the federal government confirmed late Wednesday night. Earlier Wednesday, a source said Canada was the unanimous choice among 19 member countries to headquarter the proposed institution.

Deals signed for Hudson’s Bay buildings across Canada

Purchase agreements have been signed for several prominent former Hudson’s Bay properties, a significant step in the dismantling of the retailer’s real estate portfolio. Court filings show deals are in place for landmark locations in Vancouver, Calgary, Ottawa and Windsor. 

The end of anchors: How malls are being rewritten

The closure of Hudson’s Bay stores, which vacated roughly 15 million square feet of space across the country, marked more than the loss of another retailer. It signalled the end of a model that had defined shopping centres for decades.

Made in Canada: Why racking origin matters more than ever in 2026

The economics of racking are changing. Tariffs, trade remedies, and supply chain pressures are reshaping how Canadian industrial buildings are equipped, and domestic-manufactured racking is emerging as the lowest total cost of ownership.

Sponsored by: North American Steel

FMS Capital Trust expands Ontario self-storage footprint

FMS Capital Trust has announced the pending acquisition of five self-storage facilities across Southern Ontario. The properties, located in Grimsby, Niagara Falls, Keswick and Port Perry, are expected to represent a significant addition to the company's growing self-storage platform. 

Quebec furniture maker Bestar to shut down factories

Union officials say furniture maker Bestar Inc. is shutting its two factories in Quebec, the second Canadian furniture manufacturer this week to signal it is ending operations amid what many industry watchers say is unfair competition from low-cost Asian rivals.

Builders unsure how to proceed, seek HST rebate certainty

More than a month after the announcement of a sales tax rebate on new-construction home purchases in Ontario, industry experts are calling on lawmakers to turn policy into law and make the promise of the lower prices a reality.

Incentives rise as apartments, condos compete for tenants

According to a new report from Urbanation, 66 per cent of rental projects in the GTHA offered incentives to attract tenants in Q1 — up from 62 per cent a year ago and double the amount offered two years ago.

Partnerships drive developments in Vancouver

Developers in today’s tough environment are increasingly collaborating with non-profits and government partners to help move projects forward. Through strategic partnerships, developers are accessing additional financing, donation capital and land, experts told Business in Vancouver.

Tribe is about to book its first profits: CEO

Tribe Property Technologies CEO Joseph Nakhla says his company took a significant step toward profitability with its latest financial results on Tuesday. The company sees its AI-enhanced platform driving growth despite challenges in Canada’s housing real estate market.

TSX is increasingly a pit stop for Canadian companies

In the world of public markets, Canada is increasingly becoming a stepping stone for companies eyeing more lucrative opportunities abroad. As Canadian capital markets are gradually relegated to second-class status, experts warn the country faces a mounting economic fallout.

Real estate podcasts

Byron Chard, Chard: The future of Canadian real estate, CRE Podcast
Nhung Nguyen, Horizon Legacy: Construction's future, People Who Perform
They’re quietly bailing out real estate, Vancouver Life RE Podcast

Top U.S. apartment owners discuss real estate megamerger

AvalonBay Communities Inc. and Equity Residential are considering a potential combination that could reshape the U.S. apartment market, people familiar with the matter said. Both have market capitalizations of around US$25 billion.

Blue Owl’s Beale to break ground on $3B data centre campus

Beale Infrastructure, a portfolio company of Blue Owl Capital, is set to officially break ground on the first phase of its data centre campus in De Soto, Kan. It is one of the largest private investments in Johnson County.

Hyundai taps REIT to find tenants for $274M building it never occupied

More than three years after Hyundai Motor Group paid nearly US$300M in cash for a newly built Tribeca building it intended to turn into an office and showroom, it has decided it would rather lease it out.

Two New Jersey malls separated by 4 miles – and very different fates

After more than half a century, the Livingston Mall is all but dead. Four miles down the road, shopping in northern New Jersey is very much alive. What explains the diverging fates?

Industry Events