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
Arrow Linen Site in Park Slope Sells for Residential Development
JLL Capital Markets arranged the $55-million sale of 441–467 Prospect Ave., a residential development site in Brooklyn’s Park Slope neighborhood. The team of Mike Mazzara, Ethan Stanton and Brendan Maddigan represented Arrow Linen Supply Company in the sale and negotiated directly with the buyer, Goose Property Management. The site occupies two lots on the north...
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Family Office Acquires Fresno Apartments from Long-Term Owner
Northmarq’s Fresno Investment Sales team, led by Robin Kane and Brendan Kane, brokered the $2.23-million sale of 1550 W Swift Ave., an 18-unit multifamily property located at 1550 W. Swift Ave. in Fresno. The Northmarq team represented the seller, a Colorado-based family office. The buyer was a local family office. “This was an asset held by...
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Pennrose Breaks Ground on Lenox Affordable Project
Pennrose broke ground on 238 Pittsfield Rd. a 68-unit affordable rental community in Lenox, MA. The community will consist of 10 residential buildings offering a mix of 23 one-bedroom, 38 two-bedroom, and seven three-bedroom apartments. Of the 68 total homes, 57 will be affordable for households earning from 30% of the Area Median Income (AMI)...
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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