News
City Adds 10 New Office Conversions to Calgary’s Downtown Core
The City of Calgary has added 10 office-to-residential conversions to the downtown core. The conversion projects are part of the city’s widely acclaimed Downtown Development Incentives Program (DIP.) According to city news release, the projects will remove 1.1 million square feet of office space from the downtown inventory while housing an estimated 2,000 residents in...
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Bill to Extend Notice Period for Eviction Process Derailed in Assembly
A bill to extend California’s notice period for nonpayment of rent from three days to 14 failed to garner enough votes to pass out of the Assembly Judiciary Committee, the California Apartment Association (CAA) said. CAA was part of a broad coalition of business, real estate and rental housing organizations that helped derail the measure,...
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Silverstein Will Partner with Metro Loft for 2,000 Apartments as Part of Casino Bid
Silverstein Properties announced that it will partner with Metro Loft Developers on more than 2,000 apartments through conversions as part of its Avenir mixed-use project on Manhattan’s Far West Side, should The Avenir bid be awarded a casino license by New York State. The partnership is currently evaluating potential conversion sites and will prioritize projects on the...
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Vancouver Posted Canada’s Highest Apartment Asking Rents in First Half
Vancouver recorded Canada’s highest average asking two-bedroom apartment rent in the first quarter, says a new Statistics Canada report. StatCan says the average Vancouver asking rent was $3,170, down from $3,440 in the first quarter of 2024. By comparison, Toronto’s average asking rent stood at $2,690, falling from $2,850 a year earlier. Victoria, B.C., a...
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Trez Capital Financing Houston-Area Master-Planned Community
The Dallas-based office of Trez Capital has provided $58 million in financing for phase one of Preservation Creek, a new master-planned community in Alvin, within the Houston metropolitan area (MSA). W Land Development is developing Preservation Creek. The financing will recapitalize the project and fund horizontal development of phase one, including utilities, streets and other infrastructure. When complete, Preservation Creek...
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Brigil Unveils $1.3B Mixed-Use Redev Project in Downtown Gatineau
Brigil has unveiled plans for a massive $1.3-billion mixed-use redevelopment project in downtown Gatineau, Que. The proposed Espace Canevas project will transform the former Village Cartier shopping centre into a vibrant, inclusive, and sustainable community, said Brigil. If all goes according to plan, the project will include 2,600 residential units, 192,000 square feet of commercial...
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Endeavor Moving Ahead on Plans for Long-Held Austin Parcel
Endeavor Real Estate Group has stood pat on a property at 600 E. Riverside Drive for 11 years. The Austin Business Journal reports the firm recently filed a planned unit development (PUD) application for a 1.75-acre property that would have 200 residential units as well as 8,000 square feet for restaurants or retailers. The building...
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People & Companies News for Week Ending June 27, 2025
Mattamy Homes CEO Peter Gilgan has made a record $60-million to St. Joseph Health Centre. The funds will be used to fund a new patient tower at the hospital in Gilgan’s name. Gilgan was born in St. Joseph’s and has made previous contributions worth millions of dollars. The new tower’s construction is slated to start...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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