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Near-complete Yonge St. development in receivership: $185M owing
Near-complete Yonge St. development in $185M receivership
A highrise mixed-use project at Yonge Street and Ellerslie Avenue in Toronto has been placed under receivership, according to filings in Ontario Superior Court, an unusual turn of events for a project that is nearly at the finish line.
Strategic renovations, leasing fills Winnipeg office tower
A key downtown Winnipeg office tower is nearly fully leased due, in part, to strategic renovations and a dedicated approach to leasing in an otherwise challenging market, say the brokers behind 330 Portage Ave.
Camcos to finish 2 Vandyk projects under receivership
Two years ago, lenders descended on Vandyk Properties and began placing the Mississauga developer’s projects under receivership. KingSett and Dorr Capital, which filed a joint receivership application, were the lenders on five GTA projects: Uptowns, Heartlake, Royal York, Ravine and Lakeview.
Rental continues to lead growth in Western Canada
Purpose-built rental construction is driving a boom in residential activity across Western Canada, but a change of pace looms for 2026. Housing starts in Manitoba and Saskatchewan this year have been exceptionally strong.
Office-to-residential conversions break out in 2025
Few construction trends gained as much traction across Canada and the U.S. this past year as office-to-residential conversions. Calgary in particular has gained attention for its incentive programs that have resulted in 21 projects being either approved or completed to date.
Record year for construction in Quebec in 2025
After a record year in 2025, the construction industry in Quebec is expected to experience continued strong activity in 2026. Three sub-sectors of the construction industry have seen an increase in their activity: industrial, residential and institutional-commercial.
Rents down, sales slow, home builders on sidelines in London
The city of London, Ont. is far from the hot housing market it was just four years ago. And many Londoners are beginning to feel the impacts – both good and bad.
22-storey hotel tower proposed in Vancouver
A sizeable hotel property is proposed within a very short walking distance of the future Mount Pleasant Station on SkyTrain’s Millennium Line Broadway extension. Nicola Real Estate and Lotus Capital Corporation are proposing to redevelop 75 East 8th Ave.
50 storeys proposed on Queen Street East in Moss Park
A 50-storey mixed-use tower designed by architects Alliance for Generation Capital is proposed at 333 Queen St. E. in Toronto’s Moss Park neighbourhood. The project sits within two Major Transit Station Areas tied to the under-construction Ontario Line 3.
46-storey tower proposed near Finch station
A 46-storey residential tower proposal west of Finch station in the North York City Centre area has been submitted to the City of Toronto by Oulahen Team Realty Inc.
Height doubled for rental tower proposal in Vancouver
A previously approved project near SkyTrain’s Rupert Station in Vancouver is going back to the municipal government with a revised application that maximizes on new allowances in the city's station area plan.
Plan to build a condo next to this Toronto ravine
A controversial, decade-long plan to build a midrise on the Glen Stewart ravine is described online as a “one-of-a-kind boutique condominium.” It would be 11 storeys tall with 99 units. It’s also a project that would break environmental guidelines.
Lululemon plans major two-level Montreal flagship store
Lululemon is preparing to make a significant new investment in downtown Montreal with the lease of a large multilevel retail space at the northeast corner of Ste-Catherine Street West and Peel Street.
Body Shop revival underway with new Vancouver flagship
Since The Body Shop's acquisition by Canadian-owned Serruya Private Equity in August, three locations have re-opened, including a new flagship in Vancouver's Pacific Centre last week. The flagship aims to expand the retail experience by providing skin consultations and more.
Hudson’s Bay is gone but its Christmas windows are back
Many feared the festive windows would end after Hudson’s Bay closed, but the defunct retailer’s landlord, Cadillac Fairview, says it will preserve the decades-long tradition this December. The firm has leased the windows on Yonge St. to a major brand.
Empire State Realty Trust to buy Scholastic's SoHo HQ for $386M
Empire State Realty Trust is scooping up the Scholastic Building in an all-cash sale-leaseback deal, the two companies announced Tuesday. The REIT has agreed to pay US$386M for the property at 555-557 Broadway in SoHo.
Boston office slump deepens as mayor pushes for higher taxes
Commercial building values in Boston are on track to fall another six per cent in fiscal 2026, deepening a two-year slide in a city that leans more heavily on real estate taxes than almost any other major U.S. municipality.
Dalfen acquires 13-building industrial portfolio in California
Dalfen Industrial has expanded its presence in Northern California with the acquisition of the West Sacramento Logistics Portfolio. The portfolio comprises 13 infill, multitenant buildings totalling 1.32 million square feet situated within West Sacramento’s premier industrial corridor.
$1.6B flurry of shopping centre deals shakes up slow year
The U.K. investment market has been slow, but the shopping centre sector is finishing with a slew of deals that could total almost $1.7B (£900M). A range of domestic and international investors are buying.
Industry Events
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal
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BUILDEX Vancouver
Feb 11 2026
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Vancouver Convention Centre West
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Real Capital
Feb 24 2026
Metro Toronto Convention Centre North
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Vancouver Real Estate Forum
Mar 31 2026
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Vancouver Convention Centre West
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Montréal Real Estate Forum
Apr 14 2026
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Palais des congrès de Montréal
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