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Articles by Nicola Wealth
Nicola Real Estate welcomes iA Financial Group as partner in fully leased GTA industrial property Original
Toronto, ON, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Nicola Real Estate is excited to announce a new partnership with iA Financial Group (iA) on 901 Hopkins Street, a fully leased, 293,000-square-foot industrial building in Whitby, Ontario. The property is the first investment between the two firms and marks another institutional investor joining Nicola Real Estate.
LG Electronics Canada signs nearly one million square-foot lease, in one of Canada’s largest distribution developments
Major lease reflects demand for modern, large-format, Zero Carbon Building-Design Certified industrial space in the Greater Toronto Area King Jane Business Park, King City, Ontario, where LG Electronics Canada has leased nearly one million square feet. *Rendering for illustrative purposes only. Toronto, ON, Aug.
Adam Sherriff-Scott Joins Nicola Real Estate to Lead Original
Toronto, ON, July 14, 2025 (GLOBE NEWSWIRE) -- Nicola Real Estate (NRE), the in-house real estate team of Canadian investment firm Nicola Wealth, welcomes industry veteran Adam Sherriff-Scott as Vice President, Leasing and Portfolio Strategy. Based in Toronto, Sherriff-Scott brings more than 25 years of experience in commercial real estate to NRE at a pivotal moment of strategic growth for the firm.
Nicola Wealth Secures Long-Term Lease for New Headquarters Original
Vancouver, BC, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Nicola Wealth Management Ltd. (Nicola Wealth) is excited to announce its commitment as the first office tenant at 1477 West Broadway, leasing over 38,000 square feet across two full floors. The relocation of the firm’s Vancouver headquarters underscores its dedication to enhancing client convenience, fostering a collaborative culture, and supporting its growing team.
Nicola Wealth Real Estate and Townline Celebrate Completion Original
Vancouver, BC, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) and Townline are pleased to announce the completion of Meridian, a landmark 37-storey residential rental apartment project located at 515 Cottonwood Avenue in Coquitlam, B.C. The project, a joint venture between NWRE and Townline, brings 267 thoughtfully designed rental homes to the thriving Burquitlam neighbourhood, including nine units leased to BC Housing to support affordable housing.
John Nicola’s Visionary Impact Earns Hall of Fame Induction Original
Vancouver, BC, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth Management Ltd. (Nicola Wealth) is proud to announce that John Nicola, Chairman, Chief Executive Officer and founder of Nicola Wealth, will be inducted into the Business Laureates of British Columbia (BLBC) Hall of Fame. The award recognizes Mr. Nicola’s contributions to the province and Canada’s business communities and highlights his innovative approach to wealth management.
Michael Kaumeyer Joins Nicola Wealth to Drive Original
Vancouver, BC, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada’s fastest-growing private investment counsel firms, is pleased to announce that Michael Kaumeyer, founder and former CEO of Grayhawk Wealth, has joined Nicola Wealth to help develop and grow its ultra-high-net-worth (UHNW) division.
Michael Kaumeyer Joins Nicola Wealth to Drive Ultra-High-Net-Worth Business
Vancouver, BC, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada’s fastest-growing private investment counsel firms, is pleased to announce that Michael Kaumeyer, founder and former CEO of Grayhawk Wealth, has joined Nicola Wealth to help develop and grow its ultra-high-net-worth (UHNW) division.
Nicola Wealth Announces Key Executive Leadership Original
Vancouver, BC, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth is pleased to announce a series of strategic leadership changes to drive the firm’s continued growth and solidify its position as one of Canada’s fastest-growing private investment counsel firms. Founder and CEO John Nicola will transition from his role as CEO by the end of 2025, assuming the position of Executive Chair of the Board of Directors.
Nicola Wealth Announces Key Executive Leadership Appointments
Nicola Wealth Tue, October 1, 2024 at 5:00 AM EDT 3 min read Vancouver, BC, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth is pleased to announce a series of strategic leadership changes to drive the firm’s continued growth and solidify its position as one of Canada’s fastest-growing private investment counsel firms. Founder and CEO John Nicola will transition from his role as CEO by the end of 2025, assuming the position of Executive Chair of the Board of Directors.
Mission Group Partners with Nicola Wealth Real Estate to Original
Kelowna, BC, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) and Mission Group are pleased to announce the unveiling of The Block, a state-of-the-art, 125,000-square-foot commercial development in the heart of Kelowna’s vibrant downtown. This premier office project, featuring cutting-edge smart technology and sustainable design, aims to redefine urban work and living in the region.
Nicola Blackwood Realty Advisors Rebrands as Nicola Original
Toronto, ON, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Nicola Wealth Management Ltd. is proud to announce a strategic rebranding of Nicola Blackwood Realty Advisors to Nicola Institutional Realty Advisors (NIRA), marking a significant milestone in the company's evolution. The rebrand reflects a commitment to providing unparalleled real estate investment advisory, asset management, and transaction management services to a diverse clientele.
Self Storage Development Achieves Net Zero Carbon Original
Vancouver, BC, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Advanced Self Storage, in partnership with the Nicola Wealth Real Estate (NWRE) team, is proud to announce their Maple Meadows project, a groundbreaking Net Zero Carbon Self Storage Building located in Maple Ridge, B.C., has achieved a significant milestone - certification from the Canada Green Building Council (CaGBC).
Self Storage Development Achieves Net Zero Carbon Certification, the First of Its Kind in Canada
Nicola Wealth December 8, 2023 at 9:39 AM·3 min read Vancouver, BC, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Advanced Self Storage, in partnership with the Nicola Wealth Real Estate (NWRE) team, is proud to announce their Maple Meadows project, a groundbreaking Net Zero Carbon Self Storage Building located in Maple Ridge, B.C., has achieved a significant milestone - certification from the Canada Green Building Council (CaGBC).
Self Storage Development Achieves Net Zero Carbon Certification, the First of Its Kind in Canada
Nicola Wealth 8 December 2023 at 9:39 am·3-min read Vancouver, BC, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Advanced Self Storage, in partnership with the Nicola Wealth Real Estate (NWRE) team, is proud to announce their Maple Meadows project, a groundbreaking Net Zero Carbon Self Storage Building located in Maple Ridge, B.C., has achieved a significant milestone - certification from the Canada Green Building Council (CaGBC).
Nicola Wealth Successfully Closes new Closed-End U.S. Multi-Family Fund Original
Vancouver, BC, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada’s Fastest Growing Private Investment Counsel Firms, is pleased to announce the successful raise of over $100 million (USD) for the Nicola U.S. Multi Family Limited Partnership (the “Fund”). The firm identified this opportunity focusing solely on acquiring U.S. multi-family real estate assets in select U.S. markets, in collaboration with Venterra Realty (“Venterra”).
Nicola Wealth Successfully Closes new Closed-End U.S. Multi-Family Fund
Nicola Wealth raises over $100 million (USD) for its new closed-end fund to strategically acquire U.S. multi-family real estate in partnership with Venterra Realty. Avasa Grove West Wesley Chapel, Florida Vancouver, BC, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada’s Fastest Growing Private Investment Counsel Firms, is pleased to announce the successful raise of over $100 million (USD) for the Nicola U.S. Multi Family Limited Partnership (the “Fund”).
Nicola Wealth Welcomes Wealth Advisors Martine Cunliffe and Original
Vancouver, BC, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth Management Ltd. (Nicola Wealth), one of Canada's fastest-growing independent wealth management firms, is proud to announce the appointment of two highly accomplished wealth advisors, Martine Cunliffe and Robert Gareau, to its wealth advisory team. These advisors are following in the footsteps of other investment professionals in Canada who are leaving larger institutions for private firms with unique financial offerings.
Nicola Wealth Welcomes Robert Olsen as Vice Chair, Private Original
Toronto, ON, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth Management Ltd. (Nicola Wealth) is pleased to announce the appointment of Robert Olsen as Vice Chair, Private Capital. In January 2024, Olsen will be joining the Nicola Wealth Private Capital Team, where he will be responsible for scaling the existing private capital function and developing and growing the talent on the team.
Nicola Wealth Welcomes Three Senior Advisors from Gluskin Original
Toronto, ON, July 25, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada's fastest-growing independent wealth management firms, is proud to announce the appointment of three new senior wealth advisors, Claire Blessing, Derrick Abraham, and Ori Mandowsky, to its expanding financial advisory business in Toronto with now 80+ employees and advisors.
Nicola Wealth Appoints John Montalbano & Carrie Russell to Original
Vancouver, BC, April 06, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada's fastest-growing independent wealth management firms, today announced the appointment of John Montalbano and Carrie Russell to its Board of Directors. John and Carrie join two previously appointed independent directors Tom Shepansky and Anne-Marie Thomas on the Nicola Wealth board of directors.
Strategic Real Estate Alliance Announces Integrated Brand, Original
Vancouver, BC, March 30, 2023 (GLOBE NEWSWIRE) -- After two successful years of partnership, Nicola Wealth is re-branding Blackwood Partners Inc. as Nicola Blackwood Realty Advisors. Nicola Wealth’s acquisition of Blackwood Partners in 2021 reinforced the firm’s commitment to building their institutional offering. With over $13.7 billion (CAD) of assets under management, Nicola Wealth offers a diverse range of investment opportunities in public and private asset classes.
Nicola Wealth Real Estate Acquires Adjacent Property to Consolidate Business Park Ownership
Read full article The 34,440 sf building sits on a 3.13-acre site adjacent to NWRE’s 1Forty3 Business Park Nicola Wealth Real Estate has acquired 4832 E McDowell Road The property is adjacent to its previously acquired 1Forty3 Business Park in Phoenix, AZ. Phoenix, AZ, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has acquired 4832 E McDowell Road, located adjacent to its previously acquired 1Forty3 Business Park in Phoenix, AZ.
Nicola Wealth Real Estate Acquires Adjacent Property to Original
Phoenix, AZ, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has acquired 4832 E McDowell Road, located adjacent to its previously acquired 1Forty3 Business Park in Phoenix, AZ. The transaction was brokered by Phil Breidenbach of Colliers. Totaling 34,440 square feet on a 3.13-acre site, 4832 E McDowell is adjacent to NWRE’s eight-building, 109,175 sf small bay infill property known as 1Forty3 Business Park.
Nicola Wealth Real Estate finishes another active year of acquisitions, leasing and development amidst a rising interest rate environment
Read full article The firm’s focus on industrial, multi-family rental, self-storage and development properties served well in 2022. Nicola Wealth Real Estate focused on industrial, multi-family rental, self-storage and development properties in 2022 The firm's portfolio has grown to over $8.5 billion (CAD) of real estate spanning major markets across North America. Vancouver, BC, Jan.
Nicola Wealth Real Estate finishes another active year of Original
Vancouver, BC, Jan. 18, 2023 (GLOBE NEWSWIRE) -- With interest rates rising over the course of 2022, NWRE’s pace of acquisitions slowed in the second half of the year, but still amounted to 50 acquisitions totaling $1.0 billion (CAD) of gross asset value.
Stock Market | The Antlers American | poteaudailynews.com
Vancouver, BC, Jan. 18, 2023 (GLOBE NEWSWIRE) -- With interest rates rising over the course of 2022, NWRE’s pace of acquisitions slowed in the second half of the year, but still amounted to 50 acquisitions totaling $1.0 billion (CAD) of gross asset value.
Nicola Wealth Welcomes Two Experienced Calgary-based Wealth Original
Calgary, AB, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada’s fastest-growing investment management firms, announced the addition of two Calgary-based Wealth Planners today, welcoming Cassandra Cross and Simran Arora to its growing Advisory Team. “I’m excited to be joining Nicola Wealth,” said Ms. Cross.
Nicola Wealth Welcomes Two Experienced Calgary-based Wealth Planners to Its Growing Advisory Team
Read full article Cassandra Cross and Simran Arora join Nicola Wealth and look to expand private investment opportunities in Alberta. Calgary, AB, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada’s fastest-growing investment management firms, announced the addition of two Calgary-based Wealth Planners today, welcoming Cassandra Cross and Simran Arora to its growing Advisory Team. “I’m excited to be joining Nicola Wealth,” said Ms. Cross.
Nicola Wealth Announces Expansion of Institutional Original
Vancouver, BC, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada's fastest-growing investment management firms, announced the appointment of Nigel Stewart as Vice President, Institutional Sales and Lucy So as Vice President, Institutional Sales | Client Relationship Manager.
Nicola Wealth Announces Acquisition of Levine Financial Original
Toronto, ON, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada’s fastest-growing private investment counsel firms, has announced the acquisition of Levine Financial Group (LFG) as part of its ongoing strategy to grow and expand into new markets across Canada. The move to acquire LFG is a strategic step in bringing Nicola Wealth’s integrated approach to wealth planning alongside its diversified investment platform to medical professionals across Ontario.
Nicola Wealth Real Estate & CanTex Capital partner in the Original
Dallas, TX, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE), in partnership with CanTex Capital (CanTex), has acquired 3216 – 3308 Royalty Row and the adjacent land parcels fronting John Carpenter Freeway in Dallas, Texas. The off-market transaction was brokered by David Guinn of Davidson & Bogel Real Estate LLC. The acquisition includes four existing industrial buildings totalling 119,350 square feet on 9.12 acres situated in the coveted Brookhollow submarket.
Nicola Wealth Real Estate grows DFW Portfolio with the Original
Dallas, TX, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has acquired 1473 Terre Colony Court, located 6 miles west of Downtown Dallas. The transaction, acquired through a partnership with CanTex Capital, was brokered by Robert Deptula of Transwestern and Cameron Deptula of Davidson & Bogel Real Estate LLC.
Nicola Wealth Real Estate and Hopewell Development partner Original
Phoenix, AZ, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has partnered with Hopewell Development (Hopewell) to acquire a 17.79-acre industrial development site in the North Mesa submarket adjacent to Falcon Field Airport and a total of 14.20 acres in the Corridor 101 submarket of Peoria. The two projects total 32 acres with the ability to develop up to 486,200 square feet spread over six buildings.
BMO sees signs of Q3 slowdown
Staff High inflation and rising interest rates are starting to take their toll on the economy, according to the latest reading from Bank of Montreal’s Canadian business activity index. The index — which reflects data from 10 monthly indicators, along with high-frequency data on retail mobility and internal credit card transaction data — declined by 0.4% for July, reversing a 0.3% gain in June, BMO reported.
RBC climate action mild enough to pass Texas fossil fuel test
Ian Bickis, Canadian Press RBC’s climate policies have been deemed mild enough to pass a Texas test on whether banks are boycotting oil and gas companies. State Comptroller Glenn Hegar last week named 10 financial institutions including BlackRock Inc., Credit Suisse Group AG and UBS Group AG that it deems to be boycotting fossil fuels, which under a law passed last year means they are barred from participating in the state’s sizable bond market.
Insolvency filings drop in July
Staff Insolvency activity activity cooled in July, but bankruptcy and debt restructuring filings remain elevated year over year, according to new data from the Office of the Superintendent of Bankruptcy (OSB). There were just over 8,000 insolvencies in July, down 12.6% from the previous month as both bankruptcies and credit proposals dropped — by 12.3% and 12.6%, respectively.
Finding bargains in high-quality stocks
Maddie Johnson Murdo MacLean, client investment manager at Walter Scott & Partners Ltd. in Edinburgh, Scotland said high-quality growth businesses almost always overcome short-term valuation pressures, provided an investor is willing to wait.
Finding Bargains in High-Quality Stocks
Related article Text transcript I’m Murdo MacLean. I am a client investment manager here at Walter Scott & Partners in Edinburgh. I think valuation is a perennial focus for us. As long-term investors, it is true that high quality growing businesses can overcome short-term valuation pressures provided you’re willing and patient to see the qualities of those businesses come through. But it certainly always helps not to overpay for businesses, even with that long-term investment horizon.
IIROC proficiency project moves on to traders, PMs
James Langton The Investment Industry Regulatory Organization of Canada’s (IIROC) ongoing project to develop proficiency standards for industry personnel is turning its attention to traders and portfolio managers. Back in 2020, IIROC launched a project to establish competency standards for various registration categories in an effort to “strengthen and enhance confidence in its proficiency regime,” the self-regulatory organization said in a notice setting out its proposals.
Q2 growth remains sluggish in OECD
Staff Global economic growth remained slow in the second quarter, according to new data from the Organization for Economic Cooperation and Development (OECD). In the second quarter, GDP rose by 0.3% in the OECD, which was flat with the previous quarter, the Paris-based group reported. For the G7 countries alone, quarterly GDP growth came in at 0.2%, up from zero growth in the first quarter.
Alberta fraudster gets near-max sentence
James Langton An Alberta court has sentenced a convicted fraudster to 10 years in prison and ordered over $3 million in restitution after finding that his scheme defrauded more than 100 investors out of at least $21 million. In his reasons on sentencing, Justice Colin Feasby of the Court of Queen’s Bench of Alberta cited a series of aggravating factors in the case of Arnold Breitkreutz.
Remains of PACE to face liquidation
James Langton Troubled credit union PACE Savings & Credit Union Ltd. is no longer under regulatory administration, as the remnants of the firm are now undergoing a court-supervised liquidation process. The Ontario Superior Court of Justice appointed KPMG Inc. as liquidator of PACE, removing it from administration by the Financial Services Regulatory Authority of Ontario (FSRA), which had been overseeing the firm.
Issues for advisors to watch this fall
Keep an eye on interest rates, inflation, legislation and more By: Staff August 29, 2022 12:17 Staff As we approach the last long weekend of the summer, here’s a look at important dates to keep on your radar in the fall. Interest rates The Bank of Canada has three remaining interest rate announcements scheduled for 2022: Sept. 7 Oct. 26 (including the quarterly monetary policy report) Dec.
Strong sales continue in industrial real estate market amid tight demand: report
The report was based on property in Vancouver, Calgary, Toronto, Ottawa and Montreal with a minimum sale price of $1 million. The sales decline had more to do with availability than softening demand, the report said. Retail and multi-suite residential saw the largest declines, while volume was down slightly in the industrial sector, the “darling of investors” over the past few years.
Ottawa posts $10.2-billion surplus in first quarter of fiscal year
The Canadian Press The federal government posted a surplus of $10.2 billion in the first quarter of the fiscal year. According to the Finance Department’s monthly fiscal monitor report, the surplus posted for April to June compared with a deficit of $36.5 billion during the same period last year. The report says the federal government’s 2022-2023 financial results continue to improve from the peak of the pandemic and as spending on temporary Covid-19 measures winds down.
Sagicor buys insurer Ivari for $325 million
Rudy Mezzetta Barbados-based Sagicor Financial Company Ltd. is acquiring Toronto-based life insurer Ivari for $325 million, the firms announced on Thursday. The acquisition, which is subject to regulatory approvals, is expected to close in 2023. Ivari, owned by Norwalk, Conn.-based Wilton Re Ltd., has $13.9 billion in assets under management (2021) and more than 250 employees.
With rates on the rise, how low can home prices go?
StaffTara Deschamps, The Canadian Press Mortage rates are rising as the Bank of Canada tightens monetary policy to combat inflation. When borrowing costs rise, housing demand falls and house prices decline. The question is, just how low could house prices go? Prospective buyers and homeowners alike have a stake in the answer, as home ownership accounts for a significant portion of Canadians’ wealth — about 40% to 60% of total assets depending on age.
Powell: Fed could keep lifting rates sharply 'for some time'
“These are the unfortunate costs of reducing inflation,” Powell said in the written version of a high-profile speech he is giving at the Fed’s annual economic symposium in Jackson Hole. “But a failure to restore price stability would mean far greater pain.” Powell’s message may disappoint investors who were hoping for a signal that the Fed might soon moderate its rate increases later this year if inflation were to show further signs of easing.
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