Toronto-based Nexus Industrial REIT (TSX: NXR.UN) has named Mike Rawle chief financial officer (CFO), effective Jan. 8, 2024. He succeeds Robert Chiasson, who is stepping down from his role as CFO to pursue other opportunities. Rawle has over 20 years of progressive...
The Canadian private equity firm and real estate developer Equiton has acquired the land at 875 The Queensway in Toronto for the development of a condominium project. The proposed Vicinity Condos will be a mid-rise condominium with approximately 150 units ranging from...
The Canadian market recorded 234,974 housing starts in June, up from 229,520 units in May, according to new data from the Canada Mortgage and Housing Corp. (CMHC). CMHC’s measure is a six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of...
Last month’s home sales and the average selling price in the Greater Toronto Area (GTA) were above last year’s levels, according to data from GTA Realtors. The GTA market recorded 7,481 sales through the Toronto Regional Real Estate Board’s (TRREB) MLS System, up...
Iconic architect Frank Gehry has announced the official start of construction on Forma, the high-rise residential towers in his birthplace city of Toronto. Located at 266 and 276 King Street West in the center of Toronto’s entertainment district, Forma will offer...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
