Elysium Investments appointed Lorrie King managing director, bringing her out of retirement following a career of almost 40 years. King previously led Deloitte Private and advised privately owned Canadian real estate businesses. She will oversee Elysium’s business and operations as the Toronto developer expands its purpose-built rental and student housing platforms.

Hub International appointed Sarah Thompson national real estate practice leader for Canada, effective Sept. 1. Based in Vancouver, Thompson will lead the firm’s Canadian real estate strategy and develop insurance and risk-management products for property owners, developers and operators. She has worked with Hub since 2012.

Richelieu Hardware is investing more than $15 million to expand its distribution centre at 2810 Alfred-Nobel St. in Drummondville, Que. The privately funded project will increase the facility to 180,000 square feet from nearly 40,000 square feet, with Guimond Construction completing the work for a spring 2027 opening.

Montoni is developing a retail complex on Avenue de l’Esplanade in Mascouche, Que., anchored by the city’s first Super C and a new Jean Coutu pharmacy. Super C will occupy approximately 36,000 square feet and Jean Coutu will take nearly 15,700 square feet, with both stores expected to open in 2027.

Lankin Investments promoted Jay W. Barrett to senior vice-president of institutional capital markets. Barrett joined the Canadian multifamily investment manager in 2025 and has more than two decades of experience across public and private markets, including previous positions with CIBC Asset Management, BMO Financial and Omnigence Asset Management.

QuadReal Property Group provided a $160-million, four-year fixed-rate construction-to-bridge loan for the development of a 508,500-square-foot Class A industrial facility in Sherwood Park, Alta. QuadReal did not identify the borrower or disclose the development’s address in its announcement.

Lennard Commercial Realty appointed Max Wiltshire vice-president in its Vancouver office as the brokerage builds its industrial practice in British Columbia. Wiltshire joins from Cushman & Wakefield, where he was associate vice-president and advised owners, investors, tenants and landlords on industrial sales and leasing across Metro Vancouver and the Fraser Valley.

Centre Candiac, a two-storey retail and office property at 1 Montcalm Blvd. in Candiac, Que., was acquired for $12 million by a private investor affiliated with the centre’s Uniprix pharmacy. Cromwell Management sold the property, which was built in 1959.

Kerry Chan joined QuadReal Property Group as property manager at Commerce Court in downtown Toronto. Chan previously worked with JLL at the Manulife Centre and will now help oversee the office complex at 199 Bay St.

Jenny-Genevieve Kennedy joined National Bank of Canada as senior director of real estate after working with Rio Tinto. Kennedy brings experience in corporate real estate, workplace strategy, operations and stakeholder management to the bank.

Jean Lépine will conclude his appointment as administrator and acting CEO of the Real Estate Council of Ontario on Sept. 8. RECO’s new board will assume governance authority Sept. 9, with appointing a permanent CEO among its first priorities.