Tricon Capital Group Inc. has acquired a 550-unit portfolio of homes in Charlotte, N.C., for $26 million US. The portfolio was assembled over several decades by a private individual and has an occupancy rate of approximately 95 per cent.

InterRent Real Estate Investment Trust (REIT) has entered into an agreement to acquire a four-building apartment complex situated in Côte Saint-Luc in Montreal. The complex consists of 174 suites.

The Greater Toronto Area (GTA) Realtors recently reported 3,648 rental apartment transactions through the Toronto MLS system in the fourth quarter of 2012, which is up 13 per cent from the 3,234 transactions recorded during the same period in 2011. The number of units listed for rent during the fourth quarter was up by ...

Morguard North American Residential Real Estate Investment Trust (REIT) has finalized two separate agreements to acquire a total of 6,474 multi-family residential units in the U.S. for approximately $633 million US.

Royal LePage expects the trend towards slower sales volumes seen in the second half of 2012 will continue through the first half of 2013. Expectations are that year-over-year comparisons will begin to show improvement in the third quarter 2013, with sales volumes that are relatively flat versus 2012, and return to ...

Governor General David Johnston recently announced four Canadian architects have been appointed members of the Order of Canada.

South Beach Condos and Lofts in Toronto recently won two awards at the International Property Awards. The development by Amexon Development Corp. was awarded with Best Highrise Architecture and Best Mixed-Use Architecture for Canada.

Cadillac Fairview Corp. Ltd., Candarel, the Fonds immobilier de solidarité FTQ and the Club de hockey Canadien recently announced the addition of two floors to the Tour des Canadiens condo building. With the additional floors, the Tour des Canadiens will stand at 50 floors (552 units), and is now Montreal’s tallest residential project.

Greater Toronto Area (GTA) Realtors recently released its fourth quarter condo market report, recording 3,830 condominium apartment sales through the Toronto MLS system during the fourth quarter of 2012. The number represented a decline of 23 per cent compared to the same period in 2011, which saw 5,005 sales.

Friends of the Earth Canada has released the results of an opinion poll highlighting Ontarians’ support for green energy in the province. The poll also indicates strong opposition to the World Trade Organization’s (WTO) lack of support for Ontario’s initiative to buy local programs that create green jobs.

The World Wildlife Fund (WWF) and Loblaw Companies Ltd. has announced 28 new grant recipients from elementary and secondary schools across the country. The $100,000 in grants go to help support students and their engagement in green ...

Algonquin Power & Utilities Corp. (APUC) has announced that an affiliate of Algonquin Power Co. has acquired a 109.5 MegaWatt contracted wind powered generating station from Goldwind International SO Ltd. for $148.9 million.

Diamond Schmitt Architects recently received two LEED (Leadership in Energy and Environmental Design) gold ratings for new construction buildings. The buildings are located in Ontario and Alberta, respectively.

Ivanhoe Cambridge has announced an $87-million redevelopment and expansion project for Vaughan Mills shopping centre in Vaughan, Ont. Once completed, the mall will feature 19 major tenants and 250 stores within 1.1 million square feet of retail space. The expansion project is set to add roughly 150,000 square feet in ...

Jones Lang LaSalle continues to build its presence in Canada with the addition of retail investment experts Matthew Smith and Hugh O’Connell.

Four of the 10 winners announced for the 2012 North American Wood Design Awards were from B.C.

LG Electronics has become the first major appliance manufacturer to have its refrigerators certified by the CSA Group to meet the industry’s new sustainability standard for household refrigeration appliances.