Northpointe at Country Hills traded at a 7.5% cap rate
Choice Hotels International bought out its joint-venture partner
Toronto's condo market continues to be hit with project cancellations
The development pipeline is winding down as tenants' demand for Class-A space ramps up
"I think the AI revolution is the next industrial revolution," Marcio Sahade told Green Street News
The Ritz-Carlton, Toronto sold for $1.1m/room, a near record
"We have a lot of dry powder to invest in Canada," the partner and chief investment officer said
The deal is the largest hospitality transaction in B.C. since 2022
The deal for the 468,000 sq ft property is expected to close by yearend