Q Management Acquires +$300 Million in Multi-Residential Properties in Ontario
Q Management LP has acquired 2,019 suites in 24 properties located in Hamilton and London, Ontario. With these additions, Q now owns and manages 9,500 suites in 69 buildings in Ontario with the...
View ArticleInterRent Picks Up Lakeview Apts. in Hamilton
Ottawa, Ontario-based InterRent Real Estate Investment Trust purchased a 74-suite mid-rise apartment building in Hamilton, ON from Cachet Property Management for $11.25 million, or about $152,000 per...
View ArticleConstitution Square in Ottawa Sells for $480 Million
Greystone Managed Investments, Canderel and Canstone Realty Advisors joined forces to become co-owners of Constitution Square at 340-360 Albert St. in Ottawa for $480.6 million in the largest real...
View ArticleStarlight Commences $1.3 Billion U.S. Multifamily Acquisition Program
Toronto-based Starlight Investments has formed an institutional partnership with Canada's Public Sector Pension Investment Board and the Alberta Investment Management Corp. (AIMCo) to acquire up to...
View ArticleSears Canada Going Out of Business
Sears Canada Inc. will be applying to the Ontario Superior Court of Justice for approval to liquidate all of its remaining stores and assets. The court is expected to hear the motion later this week....
View ArticleCanadian REIT Completes Purchase of 2.2 Million-SF U.S. Industrial Portfolio
Toronto-based Granite Real Estate Investment Trust (TSX: GRT.UN/NYSE: GRP.U) has completed its previously announced purchase of a 2.2 million-square-foot industrial portfolio located in the Midwest...
View ArticleCoStar's People of Note (Oct. 20) - Starwood, Castle Lanterra Make Additions...
img.pon{display: block; padding: 5px; width: 25%; max-width:180px; max-height: 220px; float: right;} img.pontwo{display: block; padding: 5px; width: 45%; max-width:360px; max-height: 220px; float:...
View ArticleKolkas Joins Ware Malcomb's Toronto Office as Director of Interior...
Christina Kolkas has joined the Toronto office of award-winning international design firm Ware Malcomb as director of interior architecture and design. The responsibilities of the director include the...
View ArticleTrue North Commercial REIT Enters Agreement to Buy $106.1 Million in...
True North Commercial Real Estate Investment Trust (TSX: TNT.UN) has entered into an agreement to acquire five office properties across Canada for a total purchase price of $106.1 million, or...
View ArticleSheraton Centre Toronto Hotel Trades in Largest Ever Hotel Deal in Toronto
Marriot International (NYSE: MAR) has completed the largest hotel deal in Toronto history with the sale of the Sheraton Centre Toronto Hotel at 100 Richmond St. W in downtown Toronto. An undisclosed...
View ArticleSheraton Centre Trades in Largest Ever Hotel Deal in Toronto
Marriot International (NYSE: MAR) has completed the largest hotel deal in Toronto history with the sale of the Sheraton Centre Toronto Hotel at 100 Richmond St. W in downtown Toronto. An undisclosed...
View ArticleHundreds of Localities Fortify Their Amazon HQ2 Bids with Hefty Financial...
Under The Irvine Co.'s Spectrum Terrace proposal, Amazon would not be required to invest capital for land acquisition, buildings or entitlements. Amazon confirmed this week that 238 North American...
View ArticleCoStar's People of Note (Oct. 27) - Cresa Expanding in NYC, NKF Names Market...
The following companies announced personnel moves this week: Cresa, Newmark Knight Frank, Avison Young, CBRE, Cushman & Wakefield, Hines, Mast Construction and Avison Young.img.pon{display: block;...
View ArticleDream Industrial REIT Selects Pauls to Oversee U.S. Expansion as CEO
Dream Industrial REIT (TSX: DIR.UN), a Toronto-based real estate investment trust that oversees 16.1 million square feet of industrial space across Canada, has selected Brian Pauls to succeed Brent...
View ArticleBrookfield Office Properties Shopping Bay Adelaide Centre
Brookfield Office Properties has expressed an offer to sell a 50% non-managing interest in the Bay Adelaide Centre. The portfolio consists of two office towers and the underground PATH located in the...
View ArticleCoStar's People of Note (Nov. 3) - Dream REIT Taps CEO for US Expansion, JLL...
The following companies announced personnel moves this week: Dream Industrial REIT, JLL, Clune Construction, Cushman & Wakefield, McCraney Property Co., Seagate Properties, Madison Realty Capital...
View ArticleToronto-Dominion Centre First Canadian Bldg. to Earn Wired Certification
Toronto-Dominion Centre, Cadillac Fairview and the Ontario Pension Board's 4.36-million-square-foot, six-building office cluster located in downtown Toronto's financial core, has earned Platinum Wired...
View ArticleCAPREIT Selects Ehrlich to Lead Firm
Canada's largest publicly-traded owner of multifamily property has a new president and CEO with the November 1st announcement that David Ehrlich will take over the reins of Canadian Apartment...
View ArticleOpportunity Knocks for Two More True North Deals
True North Commercial Real Estate Investment Trust (TSX: TNT.UN) has closed on two key acquisitions in the Greater Toronto Area and Victoria markets, moves one Bay St. analyst says solidifies its push...
View ArticleCoStar's People of Note (Nov. 10) - TCN Taps Glass for Regional Leadership,...
The following companies announced personnel moves this week: CAPREIT, TCN Worldwide, Lee & Associates, Retail Insite, Cushman & Wakefield, Industry City, Dermody Properties, Kidder Mathews and...
View Article