Array Elevated Supply Reducing Advertised MF Rents in Major Markets Canada + Apartments | July 11, 2025 2025 Canadian Next Gen Awards Award Shindico’s Akman Involved in Many Philanthropic Activities Canada + Finance | July 11, 2025 FEATURED STORY Live Interest RatesNewsletter Subscribe Canada CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More Canada Stories More Stories Connect CRE Canada & Industry Events Connect Investment: Public & Private Capital 2025 Location: Vancouver, BC Date: November 6, 2025 More Events Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Alberta & Prairies Stories Millard Scaled Avenue Living from Regional Player to National Force Alberta & Prairies + Apartments | July 9, 2025 As managing partner for equity capital markets at Calgary-based Avenue Living, Gabriel Millard leads the firm’s growth strategy and oversees the full lifecycle of capital markets activities: Creating new fund vehicles and cultivating lasting investor partnerships. During his tenure, he has scaled the firm from a regional player to a national force with over $7.5 … Van Houtte Coffee Opens New Warehouse in Edmonton Alberta & Prairies + Industrial | July 8, 2025 Van Houtte Coffee Services has opened a new $1.5 million, 26,000-square-foot office and distribution centre in Edmonton. Located in the city’s west-end industrial park, the facility currently houses more than 30 employees, with plans for continued expansion. The site will support operations across British Columbia, Saskatchewan, Manitoba and northern markets. “This new hub is a … Latest National Stories Shindico’s Akman Involved in Many Philanthropic Activities Canada + Finance | July 11, 2025 (Alex Akman is among the 2025 Canadian Next Generation Awards recipients, as selected by Connect CRE Canada. This profile explains how she stands out among her peers. Read about all of the award winners.) By Amy Wolff Sorter Alex Akman is Shindico’s Chief Operating Officer and a member of the Executive Management team. He oversees and manages … Elevated Supply Reducing Advertised MF Rents in Major Markets Canada + Apartments | July 11, 2025 Elevated supply continues to reduce advertised multi-family rental rates in major markets, says a new Canada Mortgage and Housing Corporation. But rents continue to rise and CMHC expects vacancy rates to climb in most markets through the rest of 2025. Since October 2024, asking rents have declined due to the increased supply, albeit at a … Connect TeamParke ChapmanVice President of Connect Creative - EastSarah QuinnVice PresidentJosh OrensteinVice President, News & MediaView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Partage minoritaireRépartition entre les sexesLearn More Latest Cross Border News Stories AI Firm Cohere Opens New Office in Montreal Quebec + Cross Border News + Office | July 11, 2025 Cohere has opened a new office in Montreal, marking what the artificial-intelligence company calls “an important milestone” in its national expansion. “This represents an excellent opportunity for Cohere to grow our Canadian talent base and strengthen our relationships with the Montreal, Quebec, and Canadian governments, and businesses throughout the region,” said CEO and Co-founder Aidan … Former MLSE Chief Leiweke Indicted, Resigns from Oak View CEO Post Cross Border News + Ontario + Finance | July 10, 2025 Tim Leiweke, the former CEO of Maple Leaf Sports & Entertainment, has been indicted by a U.S. grand jury for allegedly conspiring to rig the bidding process for the Moody Center arena at the University of Texas at Austin. According to the U.S. Department of Justice, from 2018 to 2024, Leiweke led a scheme to … Latest Maritimes Stories Downtown Halifax Office Vacancy Falls to 12.4% Maritimes + Retail | July 11, 2025 Downtown Halifax office continues to decline, says a new report. The core’s office vacancy rate fell to 360 basis points year-over-year to 12.4% in the first quarter, according to the Downtown Halifax Business Commission, citing Colliers data. However, the retail sector did not fare as well, as vacancy increased 120 basis points year-over-year to 10.9%. … Mei Sources, Underwrites Projects in Emerging East Coast Markets Maritimes + Finance | July 8, 2025 (Hub City’s Martin Jia Yu Mei is among the 2025 Canadian Next Generation Awards recipients, as selected by Connect CRE Canada. This profile explains how he stands out among his peers. (Read about all of the award winners.) Martin Jia Yu Mei is a real estate investor, strategist and founder of multiple property-focused ventures. His core duties … Latest Ontario Stories Northcrest’s Klein Oversees Big Development Budgets Ontario + Finance | July 11, 2025 (Leorah Klein is among the 2025 Canadian Next Generation Award recipients, as selected by Connect CRE Canada. This profile explains how she stands out among her peers. Read about all of the award winners.) By Amy Wolff Sorter Leorah Klein is Northcrest’s Senior Manager of Development, where she handles major real estate development projects by managing million-dollar … HOOPP’s Leadership Team Receives Overhaul, Executives Depart Ontario + Finance | July 11, 2025 The Healthcare of Ontario Pension Plan (HOOPP) has announced a significant shakeup of its executive leadership team, with several new appointments and expanded roles for existing leaders. Linda Halley, who has been with HOOPP for 24 years, has been promoted to chief risk officer. She previously served as interim chief financial officer and has held … Latest Pacific Canada Stories Colliers’ Palecek Closes Multiple Deals in Canada and U.S. Pacific Canada + Finance | July 10, 2025 (Jennica Palecek is among the 2025 Canadian Next Generation Awards recipients, as selected by Connect CRE Canada. This profile explains how she stands out among her peers. Read about all of the award winners.) Jennica Palecek is a leading commercial real estate broker at Colliers, where she advises on office strategy for everyone from early-stage startups to global … TransLink Buys Vancouver Industrial Land Parcel for $62.9M Pacific Canada + Industrial | July 9, 2025 TransLink has purchased a land parcel in Vancouver’s Marpole area for $62.9 million. Avison Young report that TransLink, the transit authority for the B.C. South Coast, bought a portion of 9150 Bentley Street from Southgate Holdings. The deal marked the largest land trade in the second quarter, according to Avison Young. The site is located … Latest Quebec Stories AI Firm Cohere Opens New Office in Montreal Quebec + Cross Border News + Office | July 11, 2025 Cohere has opened a new office in Montreal, marking what the artificial-intelligence company calls “an important milestone” in its national expansion. “This represents an excellent opportunity for Cohere to grow our Canadian talent base and strengthen our relationships with the Montreal, Quebec, and Canadian governments, and businesses throughout the region,” said CEO and Co-founder Aidan … SOFIAC Invests $10M in Two Lactalis Dairy Decarb Projects Quebec + Industrial | July 8, 2025 Dairy industry leader Lactalis Canada is partnering with investment platform SOFIAC to launch a $10-million decarbonization project at its manufacturing facilities in Victoriaville, Que., and Laverlochère, Que. The initiative aligns with both partners’ sustainability goals and is fully funded by SOFIAC, said Lactalis in a news release. “This partnership perfectly illustrates our ability to deliver …