Howard Chai
Howard is based in Burnaby and covers real estate, housing policy, and the development industry. You can email him at howard@storeys.com or message him anonymously on Signal at HowardChai.24.
Staff Writer & Western Lead
Industry
Receiver Retains Rennie To Sell Remaining 119 Units At Thind's Highline Metrotown
The Highline Metrotown tower at 6511 Sussex Avenue in Burnaby was completed by Thind Properties in late-2023 before the leftover units were placed under receivership in December 2024.
Development Projects
Inside Metrotown's Tallest Proposed Tower: The 72-Storey McCarthy Plaza
The proposal is being made by McCarthy Properties and is planned for the intersection of Kingsway and Nelson Avenue in Burnaby.
Multifamily
Port Moody Bayrock Terrace Project Under Receivership Finds Buyer
The Bayrock Terrace project was being planned for 3000 Henry Street in Port Moody by Aultrust Financing before it was placed under receivership by KingSett Capital in July.
Multifamily
Foreclosed Auberry Project In Vancouver By iFortune Homes Sold For $16.5M
iFortune Homes was planning a project called Auberry at 463 W 59th Avenue in Vancouver before foreclosure proceedings were initiated in April 2024.
Multifamily
Landa Global Buys Foreclosed Vancouver Elm41 Project By iFortune For $14M
iFortune Homes was planning a project called Elm41 at 2465 W 41st Avennue in Vancouver before foreclosure proceedings were initiated in August 2023.
Development Projects
Final Six Phases Of Kʷasən Village In Burnaby To Include 5,000 New Homes
The Kʷasən Village master-planned community is being developed by the Musqueam Indian Band, Tsleil-Waututh Nation, and Aquilini Development at 3405 Willingdon Avenue in Burnaby.
Listed Commercial
Vista Heights Office Complex In Calgary Under Receivership Listed By CBRE
The Vista Heights office complex sits at 1925 & 1933 18th Avenue NE in Calgary and was placed under receivership in August 2024.
Appointment Notices
CREW Vancouver Welcomes New Board Of Directors For 2025
Kathy Yu of PCI Developments has been appointed President of CREW Vancouver for 2025.
Development Projects
Boffo Proposing 45-Storey Tower For Phase Two Of Bassano In Burnaby
The Bassano master-planned community by Boffo Developments is located at Springer Avenue and Lougheed Highway near Holdom Station in Burnaby.
Development Projects
Phase Two Of Lougheed Master Plan By SHAPE To Include 43 And 46-Storey Towers
The City of Lougheed master-planned community by SHAPE Properties is being developed at 9855 Austin Road in Burnaby, near the border with Coquitlam.
Development Projects
Crombie REIT Considering "Monetization" Of Vancouver Safeway JV With Westbank
Crombie REIT and Westbank have been working together on the Commercial-Broadway Safeway redevelopment for over five years and have made numerous revisions.
Development Projects
LedMac Planning 50- And 45-Storey Towers For Next Southgate City Phases
The two latest towers are set for the Gateway neighbourhood of Ledingham McAllister's Southgate City master-planned community in Burnaby.
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