Newsroom

Another one! We’re proud to announce the acquisition of Capital View Tower and Kingsway Tower — two high-rise buildings totaling 190 homes in central Edmonton. These were formerly institutionally owned assets positioned at some of the city’s most irreplaceable real estate: the Saskatchewan Drive / University corridor and the Kingsway / Royal Alex health district. This is Edmonton’s real demand—major employment anchors, transit connectivity and lifestyle proximity that stays resilient through cycles. Both buildings feature modernized lobbies and amenity spaces and they sit steps from the nodes that drive consistent demand: University of Alberta & U of A Hospital, NAIT University, Royal Alex Hospital, Kingsway Mall and LRT stations. We’ve proudly spearheaded the marketplace with $160M+ in acquisitions over the past 16 months alone. We’re continuing to deploy capital into high-quality assets in defensive locations across Alberta.

We are pleased to announce the acquisition of two high-rise towers in downtown Edmonton:Tower Hill and The Palisades. With this closing, we've acquired $120M+ in just 12 calendar months.We're strong believers in the Albertan economy- there's no better sandbox to play in than the one in your own backyard. We're continuing to scale with momentum-now surpassing $575M+ assets under management-and cementing our position as one of the most active buyers in Alberta Tower Hill and The Palisades were institutionally owned assets in truly irreplaceable locations-at the doorstep of the Edmonton River Valley, the legislature Grounds, and some of the city's most iconic landmarks. Boasting hotel-inspired lobbies, high-end amenity spaces and signature suites and penthouses, these are premier rental communities backed by strong historical performance an long-term demand drivers.

Elite Real Estate Group is excited to announce the acquisition of Coast Homes Centre, located at 10804 – 170 Street in West Edmonton. This ~60,000 SF centre, spanning 4.2 acres, is anchored by a strong mix of national, regional, and local tenants such as Dollar Tree, Subway, CannAmm, Plato’s Closet and more. Positioned along the busy 170 Street retail corridor, the property benefits from exceptional visibility and seamless connectivity to Stony Plain Road, Yellowhead Trail and the Anthony Henday highway. With its strategic location in one of West Edmonton’s most prominent retail nodes, this acquisition represents another step forward in strengthening our growing portfolio.

Elite Real Estate Group is proud to announce the acquisition of Summer Breeze Shopping Centre, a high-profile retail asset located at the intersection of Whitemud Drive and Calgary Trail — one of Edmonton’s most critical commercial corridors. This institutionally-owned asset spans ~53,000 sf on over 4.4 acres of land and features a strong national tenant mix, including Lordco Auto Parts, Sherwin-Williams, Sleep Country, A&W, and more. Its strategic position acts as a vital link between downtown and South Edmonton, offering unmatched connectivity to all corners of the city. This acquisition brings us to over $70M in acquisitions in 2025 alone — all within Edmonton. Same city. Bigger footprint.

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 [...]

Elite Real Estate Group has acquired Whitemud Crossing Shopping Centre. This asset is home to 30+ tenants on 8.3 acres of prime land in South Edmonton. Whitemud Crossing has been a cornerstone of Edmonton for decades, serving as a hub for commerce, community, and connectivity. With over 800 feet of direct frontage on Whitemud Drive, Edmonton’s busiest inner highway, this asset connects tens of thousands of vehicles daily to many community staples such as the Edmonton Public Library, Canadian Blood Services, Government of Alberta Film Services and many other national & local tenants. We are pleased to add this +93,000 sf asset to our growing portfolio with its strategic location.