CBRE promoted Thomas Chibri to senior vice-president, capital markets, in Edmonton. Chibri joined the brokerage in 2013 and specializes in investment sales, with more than $8B of transactions spanning multifamily, industrial, office and retail properties.

JLL appointed Atilla Bayhondor vice-president of cost management for Western Canada. Bayhondor brings 20 years of owner-side preconstruction experience involving more than $2B of projects across British Columbia, Alberta, Ontario and California.

CBRE reported that Canadian commercial real estate investment volume reached $16.2B in the second quarter, up 51.6% from a year earlier and the highest quarterly total since early 2022. Deal count rose 4.8% from the first quarter to 2,146 transactions.

Northcrest Developments hired Emily Valentini as director of investments in Toronto. Valentini joins the developer of the 370-acre YZD site from Great Gulf, where she was director of finance.

First National named Hassan Pirnia president and CEO, effective Nov. 2. The former BMO executive succeeds Jason Ellis, who is retiring after 22 years with the mortgage lender, which administers more than $170B of residential and commercial mortgages.

Canadian Urban promoted Joel Turcotte and Kasper Hemmingsen to vice-president of asset management and Ben Fonteyne to senior associate of investments. Turcotte has worked with the Edmonton-based real estate investment manager since 2017.

JLL Canada added Tasnim Tazuar to its Value and Risk Advisory team in Ottawa as a consultant. Tazuar brings more than six years of valuation experience covering industrial, office and retail properties, including assignments for REITs and pension funds.

Mississauga city council approved a one-year pause on new data centres drawing more than 10 megawatts, leaving Prologis’s proposed 40-megawatt facility at 0 Tenth Line W. in limbo. Prologis said it was disappointed and considering its next steps, but remained committed to Mississauga.

The Canada Infrastructure Bank closed a $100M loan to support energy upgrades across approximately 30 Morguard residential and commercial properties. Morguard and its investors established a $145M ReNew Fund for the program, with Nerva Energy handling retrofit design and implementation.

Colliers-owned Englobe acquired Calgary-based Reinbold Engineering Group, adding more than 90 employees across Calgary, Edmonton, Kelowna, Vancouver and Toronto. The deal expands Englobe’s building engineering and high-performance building capabilities; financial terms were not disclosed.

Toronto Community Housing said Regent Park’s Building 4A, at Parliament and Gerrard streets, won a 2026 International Architecture Award in the multifamily category. The 26-storey, $219.2M mixed-use building will contain 136 replacement rent-geared-to-income homes and 135 new affordable homes.

La Caisse and Hines marked the completion of 141 Bay St. and the full opening of CIBC Square’s one-acre elevated park. Together with 81 Bay St., the new tower completes the fully leased, approximately three-million-square-foot downtown Toronto office campus.