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Omni Quality Living Acquires Long-Term Care Property

Omni Quality Living Acquires Long-Term Care Property

by Phil Hall | Feb 12, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Omni Quality Living, a portfolio business of the Hillcore Group that operates long-term care and retirement homes in Canada, has acquired the Wildwood Care Centre in St. Mary’s, Ontario. This is the company’s second acquisition in 12 months, following the March...
Marcus & Millichap’s IPA Capital Markets Division Expands into Canada

Marcus & Millichap’s IPA Capital Markets Division Expands into Canada

by Phil Hall | Feb 9, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), has recruited Jeff Wagner as senior managing director of capital markets in Toronto. Wagner brings over 20 years of commercial real estate experience, which includes closing over $2 billion in debt...
New Forecast Predicts 77,000 Home Sales for Greater Toronto Area in 2024

New Forecast Predicts 77,000 Home Sales for Greater Toronto Area in 2024

by Phil Hall | Feb 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Greater Toronto Area is expected to generate 77,000 homes sales during 2024, according to a new forecast from the Toronto Regional Real Estate Board (TRREB). The average selling price for all home types in the GTA market will reach $1.17 million this year, the...
OpenHouse.ai Raises $1.5 Million in Seed Funding

OpenHouse.ai Raises $1.5 Million in Seed Funding

by Phil Hall | Feb 7, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

OpenHouse.ai, a Calgary-based start-up that uses artificial intelligence (AI) to deliver real solutions to real problems in the home building industry, has closed on a $1.5 million seed funding round led by Trico Ventures Corp. with participation from home builders in...
Pineapple Financial Expands into Alberta Market

Pineapple Financial Expands into Alberta Market

by Phil Hall | Feb 7, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Toronto-headquartered mortgage brokerage Pineapple Financial Inc. (NYSE: PAPL) has added three Alberta-based teams to its network, which marks the company’s first foray into the Alberta market. “Pineapple proudly welcomes industry leaders Brad Gavin,...
Leyad Corporation Acquires Nova Scotia Mall

Leyad Corporation Acquires Nova Scotia Mall

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Leyad Corporation, a Montreal-based real estate development company, has acquired the North Sydney Mall in North Sydney, Nova Scotia. The financial terms of the deal were not disclosed. According to the company, the acquisition adds 182,031 square feet of retail space...
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