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2 weeks ago | 
renx.ca | Derek Lobo |Danny Kucharsky |Don Wilcox
There are a lot of very good reasons to develop smaller projects during these uncertain times, according to columnist Derek Lobo. (Courtesy SVN Rock Advisors)Across Canada, apartment developers are facing a difficult truth: the industry has hit a standstill. Rising interest rates, inflation, and economic uncertainty have paralyzed much of the sector. Many developers who once built at scale are now hesitant to break ground on large projects, unsure of when — or if — conditions will stabilize.
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1 month ago | 
renx.ca | Danny Kucharsky |Evan Duggan |Derek Lobo |Don Wilcox
A conceptual sketch of the Miséricorde Hospital redevelopment site in Montreal. (Courtesy Alta Canada)Alta Canada plans to build a 30-plus storey residential tower at the long-abandoned Miséricorde hospital property in the eastern sector of downtown Montreal, part of a multi-phased project with an investment of around $500 million. The 90-metre (295-foot) high, multifamily tower to be built at the corner of René Lévesque Blvd. E.
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1 month ago | 
renx.ca | Derek Lobo |Steve McLean |Mario Toneguzzi |Don Wilcox
As Canada continues to face a worsening housing affordability crisis, developers, policymakers and industry leaders are searching for meaningful solutions that address both supply shortages and affordability challenges. One promising yet often overlooked strategy is the development of more three-bedroom, purpose-built rental (PBR) apartments. These larger units are not just for families anymore.
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1 month ago | 
renx.ca | Steve McLean |Danny Kucharsky |Derek Lobo |Mario Toneguzzi
Rogers Real Estate Development Limited and Urban Capital’s 81-storey M3 at M City in Mississauga. (Courtesy Arcadis)Super-tall residential towers — generally classified as those exceeding 300 metres or 70 storeys in height — are becoming more common in Toronto and around the world.
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2 months ago | 
renx.ca | Derek Lobo |Steve McLean |Evan Duggan |Eric Horie
I recently sat down with Mansoor Kazerouni, global director of the architecture and urbanism division at Arcadis, to discuss the shifting landscape of Canadian housing — specifically, the transformation of the condominium market and the rising relevance of purpose-built rental apartments.
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2 months ago | 
renx.ca | Evan Duggan |Steve McLean |Derek Lobo |Eric Horie
David Frum, a former U.S. presidential speechwriter, Republican strategist and now Canadian-American staff writer at The Atlantic, speaks at the Vancouver Real Estate Forum. (Evan Duggan RENX)Canada faces difficult times ahead. That reality was the overriding undercurrent at the Vancouver Real Estate Forum last week, where commercial property industry leaders came together with issues like tariffs, the Canadian election, immigration and economic policy at the forefront of their minds.
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2 months ago | 
renx.ca | Steve McLean |Evan Duggan |Derek Lobo |Eric Horie
A rendering of Almadev's LSQ project in Toronto. (Courtesy Almadev)Almadev has broken ground on two condo towers comprising the first phase of LSQ, a 15-acre master-planned, mixed-use community on Sheppard Avenue East in the Toronto suburb of North York. As pre-construction condominium sales have severely slumped over the past couple of years and some projects have been delayed or stalled, LSQ is one of the few condo projects launched in 2023 to officially begin construction in 2025.
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Feb 27, 2025 | 
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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Feb 27, 2025 | 
renx.ca | Don Wilcox |Evan Duggan |Derek Lobo
Canadian Tire Corporation (CTC-A-T) has announced a four-year “transformative strategy” which involves $2 billion in investments in virtually all aspects of its business, and will result in store closures and realignments within several of its banners. Called True North, the strategy follows the conclusion of its former Better Connected strategy which was significantly truncated during the past few years by the pandemic and other economic considerations.
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Jun 17, 2024 | 
renx.ca | Steve McLean |Don Wilcox |Derek Lobo |Mario Toneguzzi
Brothers Blair and Brady Welch had a wide range of commercial real estate experience in North America, Europe and Asia before co-founding Slate Asset Management in 2005 and that has given the Toronto-based firm an international view of the industry.
