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Canada  + Cross Border News  + Finance  | 
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People & Companies News for Week Ending March 21, 2025

  • Hazelview Properties has achieved 100% green-building certification across its more than 200-building portfolio for the second consecutive year. The recognition comes from the Building Owners and Managers Association (BOMA) BEST program and the Certified Rental Building Program (CRBP), both of which assess environmental performance and sustainable management in real estate. Hazelview, a major Toronto-based Canadian multi-residential builder and manager, met about 250 operational standards, including 10 environmental benchmarks, to earn CRBP’s Green Living Together certification. BOMA BEST certification, an internationally recognized standard, evaluates buildings in key sustainability categories.
  • Wall Financial has appointed Bruno Wall as CEO. He has resigned as chair of the board. Oliver Borgers has been appointed as the new board chair. Wall Financial is a B.C. based real estate company active in the development and management of residential and commercial rental units, development and construction of residential housing for resale, and the development and management of hotel properties.
  • A new Canadian Real Estate Women chapter has opened in Ottawa. Sarah Crouch is the new chapter’s president. With the addition of Ottawa, CREW has 86 chapters about 15,000 members globally. CREW Ottawa was established to address “a notable” gap, said the governing global CREW Network. The nation’s capital lacked a dedicated group for women in commercial real estate. Crouch is the manager of business development at First Onsite Property Restoration.
  • MCAN Financial has appointed Derek Sutherland as President and CEO, effective April 1. Sutherland has served as Interim CEO for the past four months and as board chair since 2020. He will resign as chair, with Lead Director Gaelen Morphet assuming the position to maintain independent governance. MCAN is a residential and commercial real estate lender. Sutherland previously held various other leadership roles with the company, including chief risk officer. He has extensive experience in finance, risk management and governance.
  • Brad Hoffman has been promoted to managing partner for Canada at Panattoni Development Corporation. Hoffman has been with the company for 19 years. He previously served as Panattoni’s executive vice-president for Canada.
  • Starlight Investments has promoted Federico Vaccaro to executive vice-president of investments. He moved up from his previous position as senior VP of investments. Vaccaro has been with the company for about 12 years. He joined the firm as an asset management analyst in 2012.
  • Krishna Chavda has joined OPUS Corporation as a leasing manager in Calgary. She moved to the company from Orange Group. Chavda has about 12 years of commercial real estate experience.
  • Michel Brisebois has been promoted to chief human resources officer at industrial investment, development and management firm Logistec. He has held various human resources-related roles since joining the company in 2019. In another move, Logistic has elevated Katia Weyburn to VP of communications. She spent her first year with the firm as strategic communications director.
  • Unceded: Voices of the Land, a groundbreaking Indigenous-led contemporary architecture exhibition, will be showcased at Edmonton City Centre until June 21. Originally created for the 2018 Venice Architecture Biennale, Unceded is the first exhibition of its kind to be presented on the world stage, celebrating Indigenous architecture through the perspectives of 18 Indigenous architects and designers from across North America. More details are available at Unceded.org.
Read More News Stories About: Colliers
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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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