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LaSalle Investment Management has hired ex-Bentall Kennedy EVP John McKinlay as CEO of its Canadian operation. We spoke to him about his plans to develop new business opportunities and drive the firm's future growth. 
Bisnow: So how did you come on board at LaSalle Canada? John McKinlay: I was at Bentall Kennedy for almost 13 years (most recently as acquisitions EVP for Canada, managing a team that originated over $5B in deals) and…
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HOOPP Acquires 50% Stake In Calgary's TransCanada Tower
H&R REIT is selling a 50% non-managing interest in Calgary's TransCanada Tower to HOOPP Realty for $257.4M (a 5.15% cap rate on current NOI). H&R states the building—TransCanada Pipelines' 38-storey, 931k SF HQ—has nearly doubled in value since the trust…
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Firm Capital Purchases 40% Of Thickson Place In Whitby
Firm Capital Property Trust has acquired a 40% stake in Thickson Place, a 105k SF retail centre in Whitby, ON, from First Capital Realty for $15.8M. The deal grows Firm Capital's portfolio by 11%, to $157M. Thickson Place is 100%…
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The Real Estate Behind The Richest Men And Women In The World Part 5: Larry EllisonOracle co-founder and former CEO Larry Ellison falls within the top 10 richest people in the world and has an enormous net worth of $49.3B and an impressive real estate portfolio to match. In fact, impressive may be an understatement as Larry has been called the "nation's most avid trophy-home buyer." His holdings are too numerous to discuss each in detail, but check out Bisnow's top five and we think you'll understand the title. |
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A Powerful Tribute To American History: The National Museum Of African American History And CultureAfter 13 years in the works, the National Museum of African American History and Culture opened to much fanfare last month in Washington, DC. Thousands gathered at the National Mall to celebrate the opening of the museum, which houses a collection of more than 37,000 objects highlighting African American culture, family, slavery, the Civil Rights Movement and segregation. |
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