Industry
Industry
Quarry Rock Developments In BC Subject Of 9 Receiverships, Foreclosures
Projects by Quarry Rock Developments that are currently under receivership or foreclosure include The Willoughby, The Met, The Gordon, and The Graham.
Apr 26, 2024
Industry
Bankrupt Cambridge Homebuilder Denied Licence Renewal
An investigation has found that Hira Custom Homes had previously “attempted to sell homes that were already under an Agreement of Purchase and Sale, unjustifiably increased prices, did not comply with conditions on its licence, and provided false information to both purchasers and the HCRA.”
Industry
St. Catharines Developer Slammed With 26 Charges For Illegally Selling Homes
The HCRA has revealed that Christopher Lamb and his former company Novel Condominiums “have been found guilty of 26 charges of selling new homes illegally,” and as a result, have been hit with a $150,000 fine.
Industry
Nexii Building Solutions, Under Creditor Protection, Sells Subsidiaries For $3M
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.
This $3.7M Arthur Erickson-Designed Townhome Is A Work Of Art
A home needs to be more than just aesthetically pleasing to be an artistic dwelling; it needs to inspire its inhabitants through unique, thought-provoking design, that pushes boundaries and transcends the norm. (You’ll know one when you see it.)
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.
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.
Commercial
NAIOP Vancouver Reveals Finalists For 2024 Commercial Real Estate Awards
The NAIOP Vancouver Commercial Real Estate Awards ceremony will be held on Wednesday, May 29.
Policy
CREA’s New ‘Duty Of Cooperation’ Policy Raises Questions Over Enforcement, Penalties
“I feel like we're kind of in a period of growing pains where I'm still seeing a lot of people violating the policy because it's so unclear what the actual punishment will be.”
Industry
GWL Realty Advisors Buys Foreclosed 28-Storey Tower Site In Vancouver For $58M
The 1555 Robson Street property, which was previously owned by Align Properties, was put up for sale in February.
Industry
‘Luxe Listings’ Star Brett Starke Wants To Put Toronto’s Luxury Market On The Map
“There is a level of sophistication and elegance here that is truly world class,” says luxury broker Brett Starke. “Being Canadian, we don't feel the need to flaunt it or showcase it often, which may lead people to believe that it doesn't exist here — but it does, and it does at an amazing and beautiful scale.”
Industry
Under Receivership, Vandyk’s Grand Central Mimico Hits The Market
Jones Lang LaSalle Real Estate Services is also handling the sale of Vandyk’s King's Mill site at 15 Neighbourhood Lane, which hit the market last week.
Industry
Shoot Hoops For A Cause At This Real Estate Industry Charity Event
Ballin' Out For Charity will see professionals from all across the industry — construction companies to brokerages to developers — come together for a one-day, three-on-three basketball tournament.
Industry
Now's The Time To Secure Your Spot At TRREB REALTOR® QUEST 2024
Spring has officially arrived in Toronto, which means TRREB REALTOR® QUEST 2024 is just around the corner.
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