A 16-storey, 440-bed student housing tower and the tallest building in Calgary’s University District. Built to Built Green Gold standards and steps from UCalgary, Encore  is the second of three rental projects the firms are delivering together in the 200-acre, master-planned community. RENX. “Gracorp, Harrison Street complete Calgary University District tower.” Published September 2025. https://renx.ca/gracorp-harrison-street-complete-rental-tower-calgary-university-district

expanding its mission of accelerating low-carbon energy innovation. Located in The Ampersand, the ETC has supported over 60 startups and helped raise $500M+ in venture capital since 2022. New funding from OCIF, PrairiesCan, Alberta Innovates, CIBC, Avatar Innovations, and Pathways Alliance will support 30 more companies and incubate 10 new ventures. Yahoo News. “‘What Calgary does best’: Energy Transition Centre receives $10 million to continue spurring energy innovation.” P

Above the major banks’ 680 mortgage approval threshold, but still below the average homeowner’s 764. Despite credit eligibility, high rent-to-income ratios (37.6% nationally, 41.1% in Toronto) continue to stall down payments and delay homeownership for many. MPA. “Average renter credit score meets major banks’ mortgage lending threshold: report.” Published August 2025. #YYCRE #CalgaryCRE #CVPartners #HousingAffordability #RenterEconomy #MortgageRates #CreditScores #Homeowners

Despite rising unemployment and slow GDP growth. Analysts warn that elevated prices may be out of sync with economic conditions, as banks face subdued loan growth, volatile provisions, and waning capital markets tailwinds. BNN Bloomberg. “Banks head into Q3 results with high valuations, overhang of economic uncertainty.” Published August 22, 2025. https://www.bnnbloomberg.ca/business/company-news/2025/08/22/banks-head-into-q3-results-with-high-valuations-overhang-of-economic-

joining other major Canadian banks ramping up in-person mandates. The new policy applies to corporate tower staff, with executives returning a month earlier, and reflects a broader trend reshaping downtown office demand across the country. Source: Connect CRE. “TD Bank Making Employees Spend Four Days per Week in Office.”   https://www.connectcre.ca/stories/td-bank-making-employees-spend-four-days-per-week-in-office/ #YYCRE #CalgaryCRE #CVPartners #ReturnToOffice #OfficeTrend

This is to help pay down debt from its $26B Shaw acquisition. The Tier 2 and 3 facilities—offering up to 49MW of capacity—will continue operating under Rogers Business branding, with InfraRed, a Sun Life company, managing the infrastructure. RENX. “Rogers to sell 9 Canadian data centres to InfraRed Capital.” Published August 2025. https://renx.ca/rogers-to-sell-9-canadian-data-centres-to-infrared-capital #YYCRE #CalgaryCRE #CVPartners #DataCentres #DigitalInfrastructure #Infr

First National Financial is being acquired for $2.9 billion by private equity giants Birch Hill Equity Partners and Brookfield Asset Management. Founders Stephen Smith and Moray Tawse will retain minority stakes, while CEO Jason Ellis and the leadership team stay on to manage over $153B in mortgages across 325,000+ clients. Winnipeg Sun. “Birch Hill, Brookfield buying First National Financial in $2.9-billion deal.” Published August 2025. https://winnipegsun.com/pmn/birch-hill

Expected to create 1,600 jobs, cut 3.4M tonnes of emissions, and add $233M to the economy by 2027. Funded through the TIER program and managed by Emissions Reduction Alberta, these projects include carbon nanofibers from woodchips, polyethylene recycling by NOVA Chemicals, and waste-to-fiber conversion by Hughes Energy Group. Environment + Energy Leader. “Alberta Invests $49M in Circular Economy Projects.” Published July 23, 2025. https://environmentenergyleader.com/stories/a

A new regional initiative to attract international investment and drive long-term economic growth. Led by Calgary Economic Development, the three-year program will support shared research, investor services, and regional marketing to position the Calgary region as North America’s most investment-ready location. Airdrie City View. “Council approves Invest Greater Calgary pilot program.” Published July 2025. https://www.airdriecityview.com/rocky-view-news/council-approves-inves

Coaldale just secured $3.475 million from Alberta’s Strategic Transportation Infrastructure Program (STIP) for a new industrial rail extension—the first rail project ever funded under the program. The $8M project, co-funded by NewCold, the Town of Coaldale, and the Government of Alberta, will connect the town’s industrial park to the CPKC rail line and unlock a $222M cold storage investment. Sunny South News. “Coaldale receives $3.475 million in grant funding for industrial r

Downtown Calgary—adding hundreds of new homes and removing over 500,000 sq. ft.  of obsolete office inventory? The Hat Eau Claire  (formerly Eau Claire Place I ) The Hat @9th  (formerly Teck Place ) Eau Claire Residences Hanover Place  (completion set for 2026) Each project received support through the City of Calgary’s Downtown Development Incentive Program (DIP) , offering $75/sq. ft. for qualified conversions. NORR’s Calgary office is now a national model, helping lead 17

Covering seven football fields and powering 25% of its East Gwillimbury Distribution Centre. The 7.5 MW system will generate over 8.5...

In Canada Life Assurance Company v. Aphria Inc. , the Supreme Court of Canada has granted leave to appeal a decision about whether commercial landlords should be obligated to mitigate damages after a tenant repudiates a lease and vacates the premises—but the landlord refuses to accept that repudiation.   If the Supreme Court recognizes a duty to mitigate for commercial landlords, this would redefine landlords’ obligations—potentially requiring them to actively re‑let premise

Calgary just recorded the second-largest rent drop in Canada, with one- and two-bedroom prices down 8.2% year-over-year. According to Zumper’s July 2025 report, this drop reflects an increase in supply in major markets. Daily Hive. “Calgary is seeing the second-largest rent price drop in Canada, only after Toronto.” Published July 2025. https://dailyhive.com/calgary/calgary-rent-drop-july #YYCRE #CalgaryCRE #CVPartners #RentalTrends #MultifamilyMarket #ZumperReport