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Russo, Tsourounis succeed Bizzarri as co-CEOs at Hazelview
Russo, Tsourounis to succeed Bizzarri at Hazelview
JUST ANNOUNCED: Hazelview Investments, one of Canada’s largest private global real estate investment managers, has undergone a succession at the top as CEO Ugo Bizzarri is transitioning immediately to a new role as executive chair of the company’s board.
Minto sells 150 Roehampton in Toronto for $91M
Minto Apartment REIT (MI-UN-T) has an agreement to sell its 17-storey apartment building at 150 Roehampton Ave. in Toronto as the trust prepares for the closing of its take-private transaction with its parent company, Minto Group, and Crestpoint.
Slate’s Dixie Outlet Mall pushed into insolvency
The recent insolvency of the Dixie Outlet Mall in Mississauga stands out from other insolvencies because the property is 91-per-cent leased to around 120 tenants, according to court documents, and thus is a large income-producing property.
Cottage prices to increase in 2026 despite economic fears
The median price of a recreational single-family home in Canada is forecast, by Royal LePage, to increase four per cent this year to $604,552, bucking both the broader nationwide housing trend and worries about the economy.
Welltower to sell 4 seniors homes after watchdog review
The Competition Bureau has reached an agreement with Welltower OP LLC to address competition concerns related to its proposed deal to buy Amica Senior Lifestyles. Under the deal, Welltower will sell four retirement homes from its existing portfolio.
New AI data centre near Merritt, B.C. set to open
A new artificial intelligence data centre in Merritt is weeks away from going live, part of a push by Bell to boost Canada’s AI capacity. The 6.5-megawatt facility is designed to handle intense computing demands using high-density, liquid-cooled systems and specialized equipment.
Potential buyers eyeing Vancouver's former HBC flagship
Almost four months after the former Hudson’s Bay Company flagship building was put on the market, multiple groups have expressed interest in buying the property, industry sources say. There’s no asking price, but “pricing guidance” is $230M.
Luxury brokerage Douglas Elliman coming to Canada
High-net-worth Canadians will soon have a new option to consider for their real estate needs with the arrival of U.S.-based luxury brokerage Douglas Elliman Inc. While real estate is seeing a slowdown, industry insiders say the high end of the market has been more resilient.
Low rental uptake in Montreal chills future development
While a ton of housing units are being built in Montreal, few are being rented. With only one-in-10 units under construction being reserved, the Urban Development Institute of Quebec fears developers will eventually abandon the metropolis.
Mississauga has ‘critical concerns’ about 7-tower plan
There are “critical concerns” about a development proposal from Infrastructure Ontario for seven apartment buildings in Mississauga. The buildings, with heights ranging from 25 to 45 storeys, are planned for the north parking lot of the Clarkson GO station.
4 residential towers proposed for east Brampton
Four highrises with a total of 649 residential units are being proposed near Goreway Drive and Yorkland Boulevard in east Brampton. City staff are reviewing an application by Candevcon Group Inc. on behalf of Brampton New Life Community Church.
Nova Scotia village could add up to 2,790 homes
A new development holds the potential to double the population of Bible Hill, N.S., over the next 25 years. A development agreement for Five Corners Properties was approved last month which could see 2,790 residential units built.
Saskatoon rejects event centre partnership with Oak View
A private partnership agreement that has been years in the making has been shut down after Saskatoon city council decided against moving forward with having a U.S.-based company operate the potential downtown arena.
FIFA cancelling thousands of hotel bookings in host cities
The British Columbia Hotel Association said FIFA organizers have cancelled between 70 per cent and 80 per cent of their booked hotel rooms in Vancouver, accounting for roughly 15,000 hotel-room nights during the tournament period between June 11 and July 19.
StorageVault completes $62.5M acquisition of 5 assets
StorageVault (SVI-T) has completed the acquisition of five stores from four vendor groups, for an aggregate purchase price of $62.5 million. Three of the acquisitions are arm’s length and two, totalling $42.4 million, are related party acquisitions.
Real estate podcasts
Craig Hippern, Mantella: Why industrial condos are beating rentals, CRE Podcast
Steve Saretsky, Saretsky Group: Vancouver investment risk, Canadian Private RE
Why Vancouver multiplex builders sell instead of hold, Canadian CRE Investor
NBA owner, music stars, athletes team up on $5B Atlanta bet
The Centennial Yards project is notable not only for its scale but for its backers: A rare coalition of financiers, athletes, entertainers and predominantly Black members of Atlanta’s business elite, brought together to push a development that might otherwise have collapsed.
Cold storage market in U.S. is increasingly bifurcated
The U.S. cold storage market is dealing with the aftermath of a sizable spike in development in recent years, combined with a more recent softening of demand, according to a new report by Newmark.
NYC faces possible strike by 34,000 doormen, building workers
New York City apartment residents are being put on notice of a potential strike by building staff as soon as next month as the union representing the workers and an advisory board to building owners negotiate a new labour contract.
Oaktree explores £1.2B IPO for BTR portfolio
Oaktree Capital Management is preparing to bring a sizable U.K. and Ireland build-to-rent platform to market, with plans for a London initial public offering that could value the business at around £1.2B, Green Street News reported.
Industry Events
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Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre
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