Toronto's First Wood-Framed Mid-Rise Development Aimed At First-Time Homebuyers Breaks Ground
September 20, 2017

Toronto's First Wood-Framed Mid-Rise Development Aimed At First-Time Homebuyers Breaks Ground

The GTA's first six-storey, production-built wood-framed residences have broken ground, with plans to provide condos and townhouses for first-time homebuyers. 

“Finding an affordable place to live is one of the biggest challenges we face in this city,” Mayor John Tory said at the groundbreaking of the new 3.6-acre condominium community. At 5131 Sheppard Ave. East, the project is dubbed Daniels…

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Toronto-Montreal Corridor A Hyperloop Finalist

The Toronto-Montreal travel corridor has been named among the top 10 strongest candidates for a hyperloop system that could reduce travel times from five hours to 39 minutes. The route was the only Canadian winner among the 10 international entries…

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Hyperloop One's Global Field Ops Manager On What Musk's Transport System Will Mean For Cities

“It has the potential to change not only how we live and work, but how we build cities.”

Hyperloop One global field operations manager Paul Smith is talking about the way the proposed new transport system originally conceived by Elon Musk could have a revolutionary impact on real estate, and the way national economies work.

Hyperloop has the potential to rebalance economies away from a few major cities and redistribute real estate value that is concentrated in those places, Smith said. He uses the U.K. as an example, but this is a potentially global change.

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2017 Shaping Up To Be Great Year For Toronto Tourism

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Activist Investor Sandpiper Targets Agellan REIT, Calls For Board Changes

Private equity firm Sandpiper Group is calling for changes to Toronto's Agellan Commercial Real Estate Investment Trust — and fast. 

The Vancouver-based activist investor has taken a 10% stake in Agellan Commercial and is in talks with the REIT about its strategy and the potential reorganization of its board. Agellan holds industrial, office and residential assets in both Canada and…

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Industrial Boom: How The 14 Largest Big-Box Industrial Markets Are Faring This Year

Industrial real estate is the cream of the crop of America's commercial real estate market, setting records across the board in 2016, from rent growth to net absorption — and research shows 2017 is keeping pace.

Big-box industrial properties larger than 200K SF sustained robust leasing activity in the first half of the year, with national vacancy rates reaching an all-time low of 6.2%, according to Colliers International's North American Big Box Industrial report. In addition, cap rates remained at a record low of 5%. 

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