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3 weeks ago | 
renx.ca | Naama Blonder |Tyler Choi |Steve McLean
AIMCo appoints Sandra Lau to board of directors Sandra Lau has been appointed to the AIMCo board of directors. (Courtesy AIMCo)Alberta Investment Management Corporation (AIMCo) has appointed Sandra Lau to its board of directors for a three-year term. The board is being rebuilt after a management purge by the Alberta government last year.
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1 month ago | 
renx.ca | Naama Blonder |Steve McLean |Don Wilcox |Urban Designer
In Canada and much of North America, it’s culture that keeps families out of apartments. If we want to solve our housing crisis, we need to tackle this head-on. A Canadian ideal that no longer fitsFor generations, the single-family house has been the aspirational home for many Canadian families. It symbolizes independence, privacy and a piece of land to call your own. But this ideal is becoming harder to attain.
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Feb 27, 2025 | 
renx.ca | Steve McLean |Naama Blonder |Don Wilcox
Colin Doran, Altus Group head of development advisory for the Americas. (Courtesy Altus Group)Construction costs remain elevated across Canada following pandemic-related supply chain disruptions that sent prices soaring, but slowing activity in Ontario has allowed that province to buck the ongoing national trend. Construction costs are influenced by both global and local economic conditions, market trends and advances in building materials, practices and methods.
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Dec 11, 2024 | 
renx.ca | Naama Blonder |Steve McLean |Shaun Schwartz |Danny Kucharsky
In cities across Canada, government-owned land represents an immense, untapped opportunity to deliver much-needed housing, and much more than that. These lands, often located in prime areas near transit and job centres, could be the foundation for creating neighbourhoods that address our housing crisis, climate challenges and the need for vibrant, connected communities. However, realizing this potential is far from simple.
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Dec 10, 2024 | 
storeys.com | Naama Blonder
Toronto’s real estate industry faced big challenges and, at the same time, made important progress in 2024. As the year ends, it’s a good time to reflect on what worked and what didn’t. There are reasons to be hopeful — new policies were approved, and there has been more focus than ever on housing affordability, better land use planning, and partnerships between the public and private sectors. Here is a look at the key changes in 2024 that could lead, hopefully, to a better 2025.
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Dec 2, 2024 | 
storeys.com | Naama Blonder
Once upon a time (at least in the past decade I have been living in Toronto), Toronto’s downtown was a thriving hub — filled with workers and pedestrians, and alive with the energy that only a dense, vibrant urban core can bring. In fact, in every other North American city I have visited, I was filled with pride and joy knowing my home is Toronto. Today, it feels like a shadow of its former self.
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Nov 5, 2024 | 
renx.ca | Danny Kucharsky |Steve McLean |Naama Blonder
The former president of Boardwalk REIT and current CEO of Nexus Industrial REIT are among a group of investors who will spend the equivalent of $87.5 million in cash and shares to purchase three class-A multifamily properties in Calgary comprising 149 units. Capital pool company Trillium Acquisition Corp. will pay $17 million in cash and 94.8 million in common shares to acquire:Nimmons Residences, an 84-unit apartment building at 1420 19 Ave.
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Nov 5, 2024 | 
renx.ca | Danny Kucharsky |Steve McLean |Naama Blonder
InterRent REIT and Crestpoint Real Estate Investments Ltd. have acquired Alba, a 248-unit apartment building at 170 Rene-Levesque Blvd. E. in downtown Montreal, for $107 million from developer Mondev and Hillpark Capital. “This is one of the most significant single-asset, multires sales in many years in Montreal,” Scott Speirs, vice-chairman and practice lead for CBRE Montreal’s national investment team, told RENX.
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Nov 4, 2024 | 
renx.ca | Naama Blonder |Steve McLean |Christine H. Wong |Mario Toneguzzi
Many professions evolve over a generation, but few have undergone a transformation as profound as that of architects. For centuries, architects used their skills to create spaces that captured culture and ambition — grand libraries, museums and hyper-tall buildings. But today, architects are called to take on challenges that may seem less glamorous, but are far more impactful.
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Nov 4, 2024 | 
renx.ca | Steve McLean |Naama Blonder |Mario Toneguzzi |Christine H. Wong
Crestpoint Real Estate Investments Ltd. has revamped its office building at 121 King St. W. in downtown Toronto and renamed it Roserock Place in an effort to give it more of an identity. The 40-year-old, 25-storey, 540,000-square-foot building was acquired by Crestpoint and an institutional partner for just under $380 million in 2022, Crestpoint executive vice-president and head of asset management Max Rosenfeld told RENX.
