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3 weeks ago | 
renx.ca | Evan Duggan |Danny Kucharsky |Steve McLean
Byron Chard, president and CEO of Chard Development, at left, and Lilian Arishenkoff, senior vice-president, development with Wesbild. (Courtesy Chard, Wesbild)Perseverance is the mantra around the development community in B.C.'s Lower Mainland these days - as it is in many markets across Canada. Already not amused by high development charges from regional governments and facing sluggish demand for new housing and other property types, B.C. developers are anticipating more economic uncertainty.
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1 month ago | 
canadiangrocer.com | Danny Kucharsky
Tapping into a growing demand for Eastern European food, specialty grocer Starsky Fine Foods will invest about $7 million this year to double the size of one of its stores in Mississauga, Ont. By taking over a former Staples store next door and retrofitting the existing Starsky at 2040 Dundas St. E., the store will increase from 25,000 to 50,000 square feet, making it the three-store chain’s flagship outlet.
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1 month ago | 
renx.ca | Steve McLean |Mario Toneguzzi |Danny Kucharsky |CommercialRenx Homes
Wednesday’s 25 BPS cut to Canada’s overnight interest rate, to three per cent, is likely to help homebuyers but it won’t solve other barriers in the housing industry including construction costs and high development fees, industry observers said. Oakville rejects province’s plan for 11 towers near GO station Oakville council has given the province-led plan to build 11 highrises in the town's midtown area a thumbs down.
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2 months ago | 
renx.ca | Mario Toneguzzi |Steve McLean |John Dujay |Danny Kucharsky
A class-A office tower in downtown Calgary which has basically sat vacant since 2019 is getting new life with the renovation of its two lower floors and new leases bringing tenants to 10 of its 37 storeys. 801 Seventh, formerly known as the Nexen building, recently went through a large-scale revitalization to transform it into a state-of-the-art, contemporary office destination.
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2 months ago | 
renx.ca | Steve McLean |Mario Toneguzzi |John Dujay |Danny Kucharsky
96-room downtown hotel to be converted to Canada's first Marriott The Luxury Collection property Commercial Transactions Toronto / GTA Sunray Group has acquired downtown Toronto’s Bisha Hotel from Lifetime Developments and INK Entertainment Group for an undisclosed price and will convert it into the first Canadian location for Marriott’s The Luxury Collection brand.
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2 months ago | 
renx.ca | Emma Caplan-Fisher |Danny Kucharsky |Don Wilcox
Burlington-based real estate investment firm Equiton has experienced remarkable growth since its inception in 2015, surpassing $1 billion in assets under management and expanding its portfolio across Canada. At the heart of this success is president, CFO and co-founder Helen Hurlbut. Her extensive career in real estate and finance has been instrumental in shaping the company's trajectory.
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2 months ago | 
renx.ca | Derek Lobo |Steve McLean |Danny Kucharsky |Tyler Choi
Nobody knows exactly what U.S. President Donald Trump will do next. That’s the reality apartment owners and developers in Canada now face. The tariffs imposed this week by the U.S. on Canada have created uncertainty in the market. While their full impact remains to be seen, one thing is clear: we are likely heading into a recession. And in a recession, there are both challenges and opportunities.
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2 months ago | 
renx.ca | Volodya Gusak |Danny Kucharsky |Steve McLean |John Dujay
Years ago, as a young immigrant in Canada, I lived in a rent-controlled apartment. It was cheap, sure – but cramped, with no dishwasher, no in-suite laundry, and noisy neighbours who partied like it was their full-time job. Yet my wife and I stayed longer than we wanted, tethered by the low rent. We thought it was a smart financial choice, but I’ve since wondered: what opportunities did we miss for the sake of those savings?
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Feb 10, 2025 | 
renx.ca | Don Wilcox |John Dujay |Danny Kucharsky |Emma Caplan-Fisher
Commercial Executives National Extendicare (EXE-T) has appointed Donald Clow and Heather-Anne Irwin to its board of directors to fill out the existing term. Both directors' terms will expire at the next annual general meeting, when Clow and Irwin will then stand for election. The seniors' housing company also announced the retirement of Al Mawani from the board after seven years of service.
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Feb 5, 2025 | 
renx.ca | Evan Duggan |Steve McLean |Danny Kucharsky |John Dujay
Vancouver-based real estate developer Wesbild has thrown in the towel and sold a prime North Vancouver industrial property after eight years of attempting to get approval for redevelopment and intensification of the property. The 27.5-acre waterfront property at 1371 McKeen Ave. was sold to an unidentified "Canadian institutional investor" the company states in the announcement. It cannot identify the buyer, nor the purchase price due to confidentiality restrictions, a spokesperson told RENX.
