Heather McKean


Osler, Hoskin & Harcourt LLP
100 King Street West
1 First Canadian Place
Toronto ON M5X 1B8

Tel: 416.862.6612
Fax: 416.862.6666

Email: hmckean@osler.com
Web: https://www.osler.com

Heather is the National Chair of the Real Estate Practice Group at Osler, one of the best commercial real estate law firms in Canada. Her practice includes top real estate transactions and debt financing transactions, in the mixed use, retail, office, manufacturing and hospitality sectors. She has been with the Firm since 1980.

She is the author of The 2016 International Comparative Legal Guide to: Real Estate, Canada chapter, as well as Purchasing Real Estate in Canada in European Lawyer. She has served on the Board of Directors of Toronto CREW and as Canada’s delegate to the U.S. based CREW Network and continues to be a member.

For three years, Heather served as Managing Partner of the firm, with responsibility for business strategy and client relationship management, and as a member of the firm’s Executive Committee.

  • Chambers Canada: Canada’s Leading Lawyers for Business, 2016-2017, recognized in the area of Real Estate.
  • Chambers Canada: Canada’s Leading Lawyers for Business, 2016-2017, recognized in the area of Real Estate (Ontario).
  • The Best Lawyers in Canada, 2014-2017, recognized in the area of Real Estate Law.
  • Chambers Global: The World’s Leading Business Lawyers 2014 & 2015: Real Estate.
  • Expert Guides: Women in Business Law, 2013-2015, recognized in the area of Real Estate.
  • Expert Guides: The World’s Leading Lawyers Chosen by Their Peers, 2015 and 2017, recognized in the area of Real Estate.
  • Expert Guides: The World’s Leading Lawyers Chosen by Their Peers, 2015, recognized in leading Women in Business Law.
  • Legal Media’s Construction and Real Estate Law Expert Guide 2015.

While Canada offers a stable, low-risk environment for real estate development and investment, the sector continues to be influenced by a number of forces, including urbanization, demographic changes and technological advances. The successful execution of real estate transactions and investments requires the expertise of an experienced legal team with a keen understanding of those forces, one that anticipates potential issues and delivers integrated, innovative solutions.

Having played a principal role in several of the most transformational transactions in the Canadian real estate market, Osler’s Real Estate Group helps clients navigate even the most complex real estate transactions. Our work includes advising on all aspects of real property including:

  • Acquisitions, dispositions and joint ventures, with particular expertise in portfolio transactions
  • Investments, with particular expertise advising pension fund investors
  • Capital markets transactions, with particular expertise creating and advising REITs
  • Financing arrangements
  • Commercial leasing (retail, office and industrial)
  • Asset and risk management
  • Infrastructure projects
  • Development projects

Described as having “a lot of depth in their bench” and as “amazing on service delivery” (Chambers Canada 2016), our real estate lawyers possess both technical savvy and practical knowledge, and have earned the unparalleled reputation of being successful negotiators and creative problem solvers. The long-term relationships we build with our clients are based on collegiality and trust, a deep understanding of our clients’ businesses and an in-depth knowledge of the complexities of the Canadian real estate sector. Our clients benefit from that knowledge, as well as Osler’s expertise in areas that intersect with the real estate industry, including capital markets, tax, alternative investment, corporate governance, construction, environmental, infrastructure and U.S. law.

sler is a leader in Canadian business law with a singular focus – your business. With an integrated network of offices in Toronto, Montréal, Calgary, Ottawa, Vancouver and New York, we have an undisputed reputation for solving problems, removing obstacles, and providing the answers you need, when you need them.

Osler is recognized for the breadth and depth of its practice in business law and is consistently ranked as one of Canada’s top firms. Proactive, pragmatic, experienced, innovative and collaborative, our team of over 400 lawyers is driven by the specific needs of our clients. At Osler, we do everything it takes to maintain our position as one of Canada’s leading business law firms, meeting and exceeding the expectations of our clients, lawyers, students, staff and communities.

We go the extra mile to achieve the best possible outcome for our clients in every matter we handle. We invest in our long-term relationships with a focus on understanding our clients’ businesses, including their changing goals, strategies and challenges. We work hard to stay at the forefront of emerging legal issues and developments that impact our clients’ businesses – and we work even harder to keep them informed.

We ensure that we’re doing the right things to remain the firm of choice for the best and brightest law students in Canada, our industry’s future leaders who clients will seek out. We donate millions of dollars and thousands of hours to advancing legal education in Canada.

And we stick to the same high standards of recruiting, training and retaining our lawyers, as we do with our management and administrative staff, because leading lawyers need top-flight support and resources.

Our lawyers, students and staff engage fully and often in helping our communities become better places to live and work for everyone, because we think that’s an important responsibility as a leading organization.

“Heather McKean is considered to be “thoughtful, professional, thorough and detailed” by interviewees. She is the national chair of the real estate group, and recently advised Chicago-based healthcare REIT Ventas on its CAD980 million acquisition of 29 senior housing communities across seven provinces.”
Chambers & Partners, 2016