Derek Lobo

2 weeks 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.

3 weeks 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.

3 weeks 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.

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.

2 months ago | 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.