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We are thrilled to announce a significant milestone—our portfolio has surpassed $500M in value with the acquisition of Concord Tower! Situated on the doorstep of the University of Alberta campus and Edmonton’s historic Whyte Avenue, Concord Tower is a landmark high-rise tower that offers unparalleled access to key amenities. Residents are walking distance to the LRT station, U of A campus, University hospitals, Whyte Avenue’s vibrant retail district and Edmonton’s scenic river valley. Beyond its immediate strengths, this asset also presents a rare opportunity for future multifamily development, sitting on excess developable land in an area where land assemblies are notoriously difficult. With the University of Alberta committed to expanding full-time enrollment to 50,000 students by 2026 and 60,000 within the decade, the demand for well-located housing will only intensify. This acquisition represents more than just growth—it reinforces Elite's commitment to strategic investments in [...]

We are delighted to introduce Elite Living: the multifamily division of Elite. Elite Living has acquired Mactaggart Place Apartments in the esteemed neighbourhood of Mactaggart in SW Edmonton. This property comprises 126 2-bedroom apartments, boasting proximity to retail amenities, transportation, ravines and walking trails. With easy access to the Anthony Henday and arterial roadways, this asset offers unparalleled convenience and lifestyle opportunities for its residents.

2nd acquisition of the week! Elite Real Estate Group has acquired Crossroads Shopping Centre, located on the intersection of Whitemud Drive & Calgary Trail in South Edmonton. This asset is historically institutionally-owned and is tenanted by Earls Restaurant, ATB Financial Entrepreneur Centre, Burgerking and Firefly Restaurant. The irreplaceable location serves as a centre point between downtown & South Edmonton. Elite remains committed to drive growth of the commercial real estate market in Alberta with its ongoing acquisitions and developments.

Acquired! Elite Real Estate Group is proud to announce its first acquisition (of many) in 2024: Bluequill Shopping Centre in Southwest Edmonton. This asset is fully leased to a healthy mix of long-term tenants, servicing the communities of Southwest Edmonton. Bluequill Shopping Centre is surrounded by residential neighbourhoods, schools and is in close proximity to amenities such as the Derrick Club and parks.

Elite is proud to announce its partnership with ESSC as their exclusive commercial real estate partner! https://www.edmontonsportsclub.com/player-perks/partnerships/elite-real-estate

Steel has been erected at 3 of our development sites. Contact us with leasing inquiries: info@elitedevelopments.ca 780-244-0021