Caroline Stephens

Caroline’s practice covers all aspects of commercial real estate law, including real estate transactions, construction law, financing and real estate components in major merger and acquisition transactions. She also assists landlords and tenants in the drafting, review and negotiation of commercial leases.

In recent years, Caroline has participated in a number of large real estate transactions, knowing how to adapt and cater to the needs of local and national real estate clients, whether it be real estate developers or real estate portfolio and asset managers. Her clients can rely on her expertise, proactivity and honesty to obtain innovative solutions to the complex and strategic questions they are faced with. Caroline combines her law and business knowledge to provide practical and effective advice.

In addition to her passion for law, Caroline also plays an important role in the community, being a co-founder of the Université de Montréal’s Institute for Research in Immunology and Cancer Young Philanthropists. Since 2016, she is actively involved in promoting and funding that institution.

Representative Work

  • Mapei SpA

    Mapei in its acquisition of Diaplas

  • Caisse de dépôt et Placement du Québec

    Caisse de dépôt et Placement du Québec in its $150 million equity investment

  • Québecor

    Québecor and its wholly-owned subsidiary Videotron Ltd. in their $2.85 billion acquisition of Freedom Mobile Inc. from Rogers Communications Inc. and Shaw Communications Inc.

  • Imerys

    Imerys in its sale of two graphite mines to Northern Graphite

  • BBH Capital Partners

    BBH Capital Partners in its $120 million investment in Synex Group insurance

  • Deerfield Specialty Papers Inc.

    Deerfield Specialty Papers in connection with the sale of Glassine Canada to Nordic Paper Holding.

  • Promark Electronics Inc.

    Promark Electronics Inc. in its acquisition by Electrical Components International

  • Aceto

    Aceto in its acquisition of A&C

  • IBM

    IBM in its acquisition of Expertus

  • ArcelorMittal

    ArcelorMittal Long Products Canada in its joint venture with Triple M Metal

  • Enterprise Holdings Inc.

    Enterprise Holdings Inc. in its Canadian subsidiary's acquisition of Discount Car and Truck Rentals

  • TPG

    TPG in its submission of a stalking horse bid for Cirque du Soleil’s assets in partnership with Fosun, Caisse de dépôt et placement du Québec and Investissement Québec

  • Ventas, Inc.

    Ventas in its acquisition of a high quality Canadian seniors housing portfolio valued at $2.4 billion in partnership with Le Groupe Maurice

  • Dream Office REIT

    Dream Office REIT in its $322.5 million sale of 700 De La Gauchetière Street West to Allied Properties REIT

  • Vervent Audio Group

    Vervent Audio Group in its acquisition of Audio Plus Services & Plurison

Media Mentions

  • Osler News May 17, 2021

    Caroline Stephens shortlisted for Canadian Real Estate Forum’s “Outstanding Young Leaders” program

    Osler is pleased to announce that Caroline Stephens, an associate in the Real Estate Group, has been shortlisted by Montréal Real Estate Forum as...

    Read more

Community Involvement

  • Co-founder and co-president, Université de Montréal’s Institute for Research in Immunology and Cancer Young Philanthropists



  • University of Montréal, LLB
  • Concordia University, B Comm Finance


  • French
  • English

Professional Affiliations

  • Canadian Bar Association
  • Québec Bar
  • Young Bar Association of Montréal
  • Urban Development Institute of Québec  
  • Beta Gamma Sigma International Honour Society
  • Golden Key International Honour Society 
  • Dean’s Honour List (Concordia University)