Founder and CEO Jean-Guy Desjardins will stay on to provide strategic oversight
Two buildings will provide nearly 300 homes
The price works out to approximately $40m
Cushman & Wakefield has the marketing assignment
Parkwood to help Oakbank’s developer clients with consumer mortgages
"Hotels are a made-in-Canada business”
The site has midrise development opportunity
Québec City market leaders see resilience but warn against tariffs, construction costs and consumer hesitancy
The deal is expected to close within 60 to 75 days