People and Companies News for Week Ending August 7, 2026
Leyad appointed Juan Calixto Tria as senior vice-president of financial reporting and compliance and Alex Ratté as vice-president of construction. Tria joined Leyad from Agellan Commercial REIT, while Ratté previously held senior project-management positions at Cominar and First Capital REIT.
Sienna Senior Living formed a 50-50 joint venture with Fiera Infrastructure to accelerate long-term-care redevelopment projects in Ontario. The venture is initially targeting projects with approximately $625 million in construction costs, with Sienna’s Glen Rouge and Streetsville communities among the first properties under consideration.
Ben Woodcock joined Partner Engineering and Science as director of building sciences. Woodcock previously worked at WSP and brings more than 20 years of property, construction and project-management experience to the position.
Montreal’s 418,822-square-foot Maison Radio-Canada changed hands in a major office transaction, according to CoStar. The recently constructed complex is fully occupied by CBC/Radio-Canada under a long-term lease extending to December 2049.
Minto Apartment REIT said its $2.3-billion going-private transaction with Crestpoint Real Estate Investments and Minto Group is expected to close August 7, subject to the remaining closing conditions.
Sweat and Tonic plans to open an 18,000-square-foot fitness and wellness club at 11 Yorkville in October. The location will be the company’s third full-service Toronto club and will include group fitness studios, recovery amenities and food-and-beverage offerings.
Prologis appointed Adam Hasen vice-president and Toronto market officer, overseeing 14 million square feet across 42 logistics properties in the Greater Toronto and Hamilton Area.
Goodfood Market obtained creditor protection under the Companies’ Creditors Arrangement Act on Aug. 5 as it considers restructuring alternatives that could include refinancing or a sale. The company operates from three leased facilities in Greater Montreal, the Greater Toronto Area and Calgary, and leases two additional properties in Montreal and Ottawa that are subleased to third parties. No facility closures or changes to its leases have been announced.
Peakhill Capital promoted Reza Hafeez to senior associate, credit investments and Quebec team lead. Hafeez will take on expanded responsibilities supporting the firm’s lending and investment activities in Quebec.
Raka Josan of Edmonton-based Josan Properties has been selected as an EY Entrepreneur Of The Year 2026 Prairies finalist in the real estate and construction category. The regional program recognizes business leaders for their entrepreneurship, growth and community impact.
Other News
Long Island City Redevelopment Site Trades to Queens Developer
Marcus & Millichap recently closed the sale of 49-03 Fifth St., a redevelopment site in Long Island City. The asset sold for $6.1 million. “The depth of the buyer pool in Long Island City is as strong as we have seen it,” said Sean Fopeano in Marcus & Millichap’s New York City office. “Developers remain...
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Affirmed Housing Breaks Ground on Affordable TOD in La Mesa
The San Diego Metropolitan Transit System (MTS) and Affirmed Housing held the groundbreaking of Spring View, the latest transit-oriented affordable housing community to result from the organizations’ longstanding partnership. Located at the Spring Street Transit Center in La Mesa, the nearly $116-million development will provide 145 affordable homes and two manager units with convenient access...
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San Ramon Apartments Fetch $78M After 15-Year Hold
Berkadia has completed the $78-million sale of Bridges at San Ramon, a 200-unit multifamily community located in San Ramon. The transaction equated to $390,000 per unit. Senior managing director Jason Parr, managing director Scott MacDonald, associate Sydney Ladrech and director John Hansen of Berkadia San Francisco arranged the sale on behalf of the seller. “Bridges...
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Brokers
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Remax Professionals
Re/Max Real Estate Professionals | New York
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout
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Earl Powell
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Aristotle Ali
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Aaron Gibson
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Angie DiVenere