CANADA GLOBAL

Canada Global: Biscayne 85 as an Expensive Land Option Facing a Financing Test First

Biscayne 85 is not a near-term operating value engine but an expensive land option, so its first test is financing rather than execution. As long as construction is not expected to begin over the next two years, interest burden and loan extensions matter more than the appraisal…

Follow-up

Canada Global: Aventura Between Slower Office Economics and Housing Upside That Is Still Not Fully Approved

Aventura is already supported in the filings by a mix of office value and residential land value tied to 675 approved units, but the office business itself finished 2025 weaker and the move to 735 units remains outside fair value. So part of the upside is already recognized, whi…

Follow-up

Canada Global: The Debt Map and the Long Path from Asset Value to Shareholder Value

Canada Global has real underlying asset value, but that value still has to pass through short and relatively expensive project debt, partner and minority layers, and only then through the listed parent. That is why Series A covenant comfort is background support, not proof that…

Follow-up

Canada Global: River District Between a Stabilized Appraisal and NOI That Has Not Arrived Yet

River District already delivered an outsized value step-up for Canada Global in 2025, but by year-end the actual NOI still did not support talking about a stabilized asset, so the debate has shifted from the appraiser to execution speed.

Canada Global: 2025 Created Value Fast, but Most of It Is Still Not Accessible to Shareholders

Canada Global ended 2025 with much more paper value and with a real U.S. portfolio, but most of that value still depends on refinancing, permits, and lease-up rather than on cash that has already reached the listed-company layer.