Real Estate News
Industry
Nexii Building Solutions To Be Sold For $3M, Two Years After $2B Valuation
After previously reaching "unicorn" status with a $1B valuation and hitting $2B, BC-based green construction company Nexii Building Solutions filed for creditor protection in January.
Apr 22, 2024
Affordable Housing
City Files Plans For Milestone ‘Housing Now’ Development In Scarborough Centre
“The proposed development, being advanced as part of the City’s Housing Now program, represents one of the largest affordable housing projects in Ontario in the past 25 years and the province’s largest co-operative housing development.”
Real Estate News
60 GTHA Condo Projects On Hold Indefinitely As Developers Pull Back "Dramatically"
New data from Urbanation shows that some 21,505 units that were on track to launch since the market began to slow down in 2022 are now “on hold indefinitely.”
Development Projects
Proposed Sheppard East Development Comes With A Shiny New YMCA
The development will come with a new state-of-the-art, 6,402-sq.-m YMCA facility.
From Luxe-Forward To Family-Friendly, Mississauga Master-Plan Offers Amenities For All
Touting a myriad of amenities that range from luxe-forward to family-friendly, life at Canopy Towers 2 promises to entertain, enrich, and make your life more convenient than it’s ever been before.
Development Projects
RioCan Proposes 47- And 44-Storey Towers For First Phase Of Golden Mile Master-Plan
Pending City Council’s go-ahead, the towers would mark the first of four phases in a larger master-planned project from RioCan, the likes of which is expected to deliver seven new buildings and a public park over five development blocks.
Real Estate News
GTA's Liberty Development Corporation Leads The Way In Sustainability
Not only are their design-forward developments packed with all the modern amenities one could desire — while being recognized for their particularly functional (and easy on the eyes) suites — but Liberty Development also pursues green initiatives and uses various energy efficient technologies.
Real Estate News
Selling Price For A Detached Toronto Home Has Risen By $1M In The Last Decade
Homebuyers are now paying nearly $1M more for a detached Toronto home than in 2014.
Cities
ARISTA Homes Teams Up With Panasonic To Help Residents Breathe Easier
This makes ARISTA North America's first homebuilder to include the product as a standard feature in all new homes.
Real Estate News
Money Laundering, Terrorism, And More: Why Are Realtors On The Front Line?
In recent years, the amount of paperwork realtors have been required to fill out regarding potential buyers has grown by a substantial amount. This includes forms from the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC), designed to protect against money laundering and terrorist financing, among other things.
Industry
Foreclosed Coromandel Properties Site In Cambie Corridor Sold For $11.2M
The foreclosed site that was formerly owned by Coromandel Properties consists of 5188 and 5210 Ash Street in the Cambie Corridor of Vancouver, near Queen Elizabeth Park.
Condos
BC Spring Market Forecast: Wave Of High-Profile Presale Launches Rising In Surrey City Centre
In this series, presented by Spark, STOREYS explores British Columbia's spring market. In today's instalment: exploring how big name developers such as Bosa Properties, Anthem Properties, and Concord Pacific are all set to launch projects in Surrey City Centre in the coming months.
British Columbia / Alberta
The Buzz Conference ‘ROCK'N REAL ESTATE 2024’ Hits Calgary In May
The country’s premier real estate conference is set to land in Calgary on May 2, and the event is shaping up to be a who’s who of Alberta real estate’s most influential leaders, thinkers, and innovators.
Development Projects
Concord Brentwood Phase 3 With Five Towers Up To 50 Storeys Receives Final Approval
Phase 3 of Concord Brentwood in Burnaby will sit at the southwest corner of the overall master plan site, between Dawson Street and Beta Avenue.
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