Development
Canadian Apartment Magazine
NB funds advance preparations for new housing
The New Brunswick government is promising up to $22.5 million annually to underwrite pre-construction studies and core infrastructure needed to support new housing development in small communities.
Construction Business
Concert Properties welcomes new CEO
Concert Properties welcomes Christine Bergeron as president and CEO, who brings more than 25 years’ experience.
Canadian Apartment Magazine
Newfoundland woos private housing developers
The provincial housing corporation is offering capital funding of up to $95,000 per unit through a loan forgiveness model, and seeks commitments to keep rents affordable for 15 to 20 years.
REMI Network
Data centre hubs grow in scale and number
More than half of hyperscale sites worldwide are located in the United States, but Canada is among nine other countries where JLL analysts identify a development surge underway.
Canadian Facility Management & Design
Brand awareness eludes Toronto green standard
A new report to Toronto council recommends a more ambitious and pointed communications strategy to build brand awareness of the city's green development standard.
Canadian Facility Management & Design
Stéphan Déry takes helm at Canada Lands Company
Stéphan Déry brings extensive experience in managing public real property to his new role as president and chief executive officer of Canada Lands Company.
Canadian Apartment Magazine
Multifamily remains favoured investment asset
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
Canadian Apartment Magazine
Industry reps join Ontario housing advisory team
New appointees have been tasked with advising the Ontario government on its strategies to stimulate construction of 1.5 million new units of housing by 2031.
Construction Business
Economics of stadium and arena projects worsen
Development proponents will likely be asked to contribute more equity and will encounter higher debt servicing costs than has been the case for comparable projects in the past.
Design Quarterly
Ukrainian urbanists incubate post-war recovery
A network of Ukrainian urban planners and designers is looking ahead to post-war recovery as the country endures an 11th month of destruction, displacement and uncertainty.
CondoBusiness
Montreal condo developer joins Order of Canada
Samuel Gewurz, president of Proment Corporation and a pioneering builder on Montreal’s Ȋle des Soeurs, has been named to the Order of Canada.
CondoBusiness
Condo project financing confronts new math
More cautious criteria for condo project financing could upend some development pro formas and potentially constrain housing starts in the coming months.
Canadian Facility Management & Design
New coalition forged to promote accessibility
Commercial real estate owners/managers, homebuilders and organizations that provide services and advocacy for people with disabilities have joined forces in the Accelerating Accessibility Coalition.
Construction Business
Infrastructure investment a go-to in downturn
For public partners, P3s are a means to transfer risk. For the private sector, infrastructure’s recession-proof profile dovetails with expectations for a prolonged building spree.
Canadian Property Management
Robust yields ongoing for industrial landlords
Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Canadian Apartment Magazine
Housing supply-demand imbalance set to persist
Recent CMHC analysis concludes that approximately 3.5 million additional dwelling units are needed to meet demand and pull prices back into closer alignment with purchasers’ and tenants’ incomes.
REMI Network
Digging into land assemblies
Land assemblies are complex deals, involving the merger of several different titles.
