Behind The Deal: Ryerson University
Buys 104 Bond St
Ryerson University has acquired 104 Bond St for $10.25M, besting top TO developers after three rounds of bidding for the 27k SF building. Colliers' Greg Peacock, the sale broker, walks us through the transaction.
We snapped Greg (left) and Will Angus of Colliers' Private Capital Real Estate Advisory Group, who co-brokered the deal for their client, Shaw Laboratory Group. The vendor, a family-owned dental-moulding biz, had developers knocking on the door over the years with unsolicited…
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For Marlin Spring, Development Is All In The Family
Marlin Spring Developments COO Zev Mandelbaum is the third generation of his family's 60-year building business. His grandfather, Sandy Hofstedter, started H&R Developments, among Canada's biggest homebuilders at its peak. His father, Mark, co-launched Lanterra Developments, a top mixed-use builder of projects like…
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Teachers Acquires Constellation Brands; Onex Purchases Save-A-Lot
Ontario Teachers' Pension Plan has paid $1.03B to acquire the Canadian wine business of Constellation Brands. Mississauga-HQ'd Constellation, with eight wineries and 163 Wine Rack stores in Ontario, boasts three times the market share of its closest Canadian competitor and owns…
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BisnowTV: Bill & Samantha Rudin (Part 2) Developing The Futuristic Dock 72 And Repositioning Strategy
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Sitting in the model apartment at Rudin Management Co's latest condo project, The Greenwich Lane, EisnerAmper partner Kenneth Weissenberg sat down with Rudin CEO and vice chairman Bill Rudin and Bill's daughter Samantha Rudin Earls to discuss developing and design…
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'Dead Malls' Resulting In Big CMBS Losses
Retail is the second-largest property type funded through CMBS loans (multifamily is the first) and as of October regional malls throughout the country were backed by $48.6B in CMBS loans, according to a recent Morningstar report.
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