Kane Willmott

Marriott is making a bold move into the Canadian luxury market, adding three new luxury hotels and expanding its footprint with branded residences. This signals growing demand for elevated, service-driven living experiences. Branded residences are no longer a trend. They’re a reflection of how buyers are choosing to live: with global standards, five-star service, and curated lifestyle offerings at their doorstep. #LuxuryRealEstate #TorontoLuxuryHomes #RealEstateLeadership

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I was asked by a foreign investor to compare the Canadian condo market to the multi-family market and asked if interchangeable. They’re not. • Condos: higher vacancies, transient tenants, no CMHC financing, shorter amortizations, larger equity requirements. Volatile by design. • Multifamily: lower turnover, family/professional tenants, CMHC-backed financing with 40–50 year amortizations, and stable long-term demand. Even as condo inventory has increased in Toronto, purpose-built rental vacancy remains tight and given financing structures remain far more favorable for investors. Thanks Kate Grondin for summarizing with data points.

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Starlight Investments has expanded its Ontario portfolio with the acquisition of a rental community featuring 23 low-rise townhome complexes, with a total of 69 condo-deeded suites in central Toronto. Located in a well-connected neighbourhood near Lansdowne Avenue and Davenport Road, the community offers convenient access to public transit, major roads, and a wide range of local amenities and services including schools, parks, cafés, and retail destinations like Galleria Shopping Centre and Dufferin Mall. “We are pleased to expand our Ontario portfolio with the addition of this picturesque, family-friendly property located in the heart of Toronto. This acquisition is aligned with Starlight’s dedication to providing quality rental housing in locations that are well-suited to long-term living and quality of life.” -- Neil Fischler, Executive Vice President, Asset Management, Canadian Residential at Starlight Investments. Learn more: https://lnkd.in/dHFzdFDw David Chalmers | Neil Fischler | Federico Vaccaro | David Morrison | Larry De Melo | Michael Hanak | Gurman Athwal, CFA | Stefania Garcia | Anton Bondarenko, MBA | Atulya Khobragade | Gwen McGuire | Karina Saks | Sabrina Odamtten | Sheida Shoai , MBA, MSc | Andrew Yi | Max Lai, CPA, CA | Stefano Capano | Himani Tolia, CM

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Toronto-based developer Stafford Homes is partnering with Greybrook Realty Partners to develop a funky new 49-storey, 552-unit condo tower that would sit near Midtown's bustling Eglinton Avenue and Yonge Street intersection. Full story: https://lnkd.in/g6UWha_Q Stafford | Greybrook Realty Partners | Turner Fleischer #Toronto #Torontorealestate #realestate #realestatenews #propertydevelopment

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New office construction in Canada is down 82% from its 2020 peak, setting the stage for a supply crunch in the not-so-distant future.   With fewer projects in the pipeline and strong tenant preference for modern Class AAA space, landlords may need to revisit how their assets are positioned to stay competitive. In our latest Canadian office market update, experts Jennifer Nhieu and Raymond Wong, CRE share what’s shaping the national office market and where things could be headed next: https://lnkd.in/gVhzhcg3

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ICYMI: Cree Nation plans $400M cultural hub at former Hudson’s Bay building in Montreal The James Bay Eeyou Corporation and JHD Immobilier have announced their intention to bid on the acquisition of the former Hudson’s Bay building in downtown Montreal, located at 585 Sainte-Catherine Street West. With a $400 million investment, the developers plan to transform this iconic building into a museum and cultural hub, celebrating the heritage and contemporary vitality of the Cree Nation. https://lnkd.in/gSzXnaMe #CreeNation #IndigenousHeritage #MontrealCulture #CreeCulture #CulturalHub #HudsonsBayBuilding #ReconciliationThroughCulture #JamesBayEeyou #IndigenousArchitecture #UrbanRevitalization #MuseumProject #CreeInnovation #MontrealDevelopment

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Ottawa’s office vacancy rate jumped nearly half a percentage point in the third quarter as several large swaths of space came back on the market amid a wave of downsizing among tenants, Colliers said Thursday. https://lnkd.in/gWuZF9dU #Ottawa #ottnews #OBJ

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