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Canada  + Cross Border News + Ontario + Quebec  + Finance  |  February 26, 2024
Avison Young CEO Mark Rose
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By: Monte Stewart

Avison Young Nears Completion of Restructuring Efforts for Future Growth

Avison Young said it is nearing the completion of its restructuring efforts and, in a sign of confidence in the firm, “100% of financial stakeholders” will remain investors even after S&P Global Ratings downgraded the Toronto-based real estate firm following a default on a senior term loan. Click here to read the complete story on Connect Money.

Connect CRE Canada is the sister publication of Connect Money and Connct CRE.

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Inside The Story

Mark RoseS&P Global

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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