David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Canada
Brookfield Properties May Sell Stakes in 2 Office Towers
The Toronto real estate company is considering selling a stake in at least two properties it owns in New York and Toronto. The company's in no hurry, but a deal to sell half stakes in 245 Park Ave. in New ...
Brookfield Leases 300,000 sf at BCE Place in Toronto
February 3, 2003 TORONTO – Brookfield Properties Corp. (NYSE:BPO) has leases totaling more than 300,000 square feet at its flagship BCE Place complex in downtown Toronto. The law firm of McMillan Binch signed a new 15-year lease for 106,000 sf ...
Revenue Properties Pays C$56Mln for Toronto-area Office Buildings
January 2, 2003 MISSISSAUGA, Ontario – Revenue Properties Co. has paid about C$56 million (US$35.6 million) for two office buildings that total 301,421 square feet in Mississauga. The Toronto-based company bought the Class-A, suburban buildings at 4720 and 4880 Tahoe ...
Solar Trust Canadian Conduit Hits the Market
October 4, 2002 Toronto-Dominion Bank is gearing up a C$278.5 million (US$175 million) conduit in Canada.The CMBS deal, Solar Trust Commercial Mortgage, 2002-1, is backed by 71 fixed-rate mortgages originated by Commercial Mortgage Origination Co., Toronto-Dominion's conduit-lending arm.Two of the ...
Bank of Montreal Sells Ground Under Toronto HQ
September 12, 2002BMO Financial Group (NYSE:BMO), also known as the Bank of Montreal, has sold its ownership stake in the land beneath First Canadian Place, its headquarters office in downtown Toronto.The bank sold its 25 percent interest to Manulife Financial ...
BPO Buys Stake in Toronto Property
August 14, 2002 TORONTO – BPO Properties (TSX:BPP) has purchased a 50 percent interest in a 1.1 million-square-foot office and retail property in downtown Toronto for C$68 million, (US$43.5 million) or C$126/sf (US$81/sf).The 1.1 million sf of office space is ...
RioCan to Buy Retail Portfolio in Canada for C$286Mln
August 7, 2002 TORONTO – RioCan Real Estate Investment Trust (TSE:REI) is paying C$286 million (US180.6 million) for a portfolio of nine shopping centers, as well as a 50 percent interest in another, from retail developer First Pro Shopping Centres.The ...
Column Canada to Float C$310.1Mln CMBS Deal
July 8, 2002 Credit Suisse First Boston, TD Bank Financial Group and Laurentian Bank of Canada are launching a C$310.1 million (US$203.9 million) CMBS conduit transaction, Column Canada Issuer Corp., 2002-CCL1.CSFB's Column Canada Financial is contributing the bulk – C$168.4 ...
Toronto Firm Sells Interest in Apartment Complex
June 13, 2002 TORONTO – Revenue Properties Co. (TSE:RPC) has sold its interest in The Oaks, a 1,215-unit multifamily complex in Toronto.An Ontario limited partnership led by Berkley Properties Corp. paid about C$50,000/unit (US$32,478) for the property – a deal ...
CREIT to Pay $90.8Mln for Trophy Office Complex in Toronto
May 20, 2002 TORONTO, Ontario – Canadian Real Estate Investment Trust (TSE:REF) has agreed to buy a twin-tower office complex in midtown Toronto for C$140 million (US$90.8 million) in a deal set to close July 3.The Class-A office complex at ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
