Lenders are showing renewed interest in office spaces in 2026, signaling a potential shift in the GTA’s commercial real estate landscape. According to CBRE Canada’s annual real estate lenders report, intentions to increase budgets for office loans have surged, marking the first rebound in six years. However, multifamily properties remain the top asset class for lenders. Vancouver has overtaken Toronto as the most attractive market for lenders, indicating a possible diversification of investment strategies. Economic weakness and market fundamentals are cited as major challenges, but increased lender competition and debt liquidity are also expected. For a deeper dive into the trends shaping commercial lending in Canada, read the full report on Storeys.com.
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