Overview

Under the agreement of this take-private transaction worth C$9 billion, Boralex will continue to operate as an independent private company following closing.

Our Outlook Series 2026 provides forward‑looking analysis of the most important legal, regulatory, and market developments affecting Canadian organizations.

Mary Pagonis is a partner in McCarthy Tétrault’s Real Property & Planning Group in Montréal.

Her practice focuses on commercial real estate and financial services, with recognized expertise in real estate and mortgage brokerage matters. She regularly advises financial institutions, public and private companies, pension funds, developers, and retail operators across sectors including multi-residential and condo, senior and student housing, retail, hospitality, office, industrial, and mixed-use developments.

Mary has extensive experience in real estate financing and syndications, including in the context of data center securitizations and other structured finance transactions, as well as acquisitions and dispositions, construction and development projects, commercial leasing, sale and leaseback transactions, joint ventures, public-private partnerships, and mortgage purchase and sale agreements.

Practice Areas

• Banking/Finance
• Commercial Law
• Real Estate

Bar Information

Called to the bar: 2009 (QC)