The Wellstar Health System hospital in Atlanta was recently demolished after closing in 2022. Plans for the location are to build over 1,000 residential units at the site. The Atlanta Business Chronicle reports that Wellstar selected The Integral Group to redevelop the 22-acre site into a mix of housing, retail, office and green space. The...
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Canada must strive to meet Prime Minister Mark Carney’s immense housing-expansion goals that call for millions of new homes over the next decade, says a leading multi-family real estate executive. Howard Paskowitz, vice-president of development and public affairs for Starlight Investments, told Connect that Carney’s aim is “not a small task,” but the future homes...
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(Tunde Akinyemi is among the 2025 Canadian Next Generation Awards recipients, as selected by Connect CRE Canada. This profile explains how he stands out among his peers. Read about all of the award winners.) By Amy Wolff Sorter As a BGO vice-president and associate portfolio manager, Tunde Akinyemi plays a key role in supporting the overall strategy,...
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(Harp Khela is among the 2025 Canadian Next Generation Awards recipients, as selected by Connect CRE Canada. This profile explains how he stands out among his peers. Read about all of the award winners.) Harp Khela is a sales representative with Century 21. He specializes in the disposition and acquisition of large land parcels for local and...
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Brookfield Asset Management has purchased Vancouver’s landmark Shangri-La Hotel for an undisclosed amount. The company has confirmed the acquisition publicly but not yet issued a formal announcement. Local companies Westbank and Peterson previously owned the downtown property. In conjunction with the purchase, the hotel has been renamed temporarily as Hyatt Vancouver Downtown Alberni and will...
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Truman and Marriott International have unveiled plans to open three new hotels in Calgary as part of a $1.47-billion investment. The projects include the 69-storey W Calgary, 62-storey JW Marriott Calgary, and an Autograph Collection Hotel at Stampede Park. Truman and joint-venture partner Louson will lead the three-hotel development project. Mariott will manage and operate...
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The St. Joseph Health Centre expansion project in Toronto has received a major financial boost from a leading real estate developer and philanthropist. Mattamy Homes Founder and CEO Peter Gilgan has made a record $60-million contribution to the project through the St. Joseph’s Hospital Foundation. The funds will be used to fund a new patient...
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(Richard Geller is among the 2025 Canadian Next Generation Award recipients, as selected by Connect CRE Canada. This profile explains how he stands out among his peers. Read about all of the award winners.) Richard Geller launched ALTA Canada in 2020. The company invests in, develops and manages urban-located properties. The company recently closed on...
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