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.

Howard Chai

Staff Writer & Western Lead

Path To Completion Outlined For Thind's Eclipse Tower Under Creditor Protection

The 34-storey Eclipse tower in Burnaby by Thind Properties was placed under creditor protection on January 8 and is 95% complete.

KingSett Capital Now Has Nearly $1.2B Tied Up In Receivership Proceedings In BC, Ontario

KingSett Capital recently initiated two new receiverships in BC, adding to an extensive list of mortgages tied up in insolvency proceedings in that province and in Ontario.

Why Construction Costs Are Higher In Vancouver Than Toronto

A recent construction cost report by Altus Group found that costs were higher in Vancouver regardless of the type of residential building.

Vancouver CRE Deals In 2024 Hit Lowest Total In A Decade, 2025 To Remain Cloudy

Commercial real estate transactions in Greater Vancouver totaled to 1,442 in 2024, the lowest total in over a decade.

Beedie Relocates In Burnaby, Sells Old Head Office To BC Housing For $16.2M

Beedie has sold its old head office at 3030 Gilmore Diversion and has relocated to Station Square in Metrotown.

Colliers To Acquire Triovest From Coril Holdings, Continuing Expansion

Colliers International is acquiring Triovest from Coril Holdings for an undisclosed amount, with Triovest set to be folded into Colliers.

Sightline Properties Buys 26-Lot Land Assembly In East Vancouver For $100M

The land assembly consists of 26 parcels between E Broadway and E 10th Avenue in Vancouver, near Renfrew Street.

Dayhu Planning 25-Storey Rental Tower On West Broadway In Kitsilano

The proposal for 2245-2283 W Broadway in Vancouver is being led by Frame Properties and owned by Dayhu Group.

City Of Vancouver Introduces New Hotel Development Policy

Vancouver has a shortage of 10,000 hotel rooms according to Destination Vancouver and the City is looking to address that shortage with policy changes.

VHDO Planning 27-Storey Social Housing Tower On City-Owned Granville Loops Site

The social housing tower at 1395 Rolston Street is part of the larger Granville Loops redevelopment at the eastern end of Granville Bridge in Vancouver.

Victoria Evergreen Terrace Redevelopment By BC Housing To Include 900 Units

The existing Evergreen Terrace housing development sits on a 7.81-acre site along Blanshard Street between Bay Street and Hillside Avenue in Victoria.

How A Weakened Canadian Dollar Impacts Commercial Real Estate

The Canadian dollar is lower now than it was a year ago, but that may not be a bad thing for commercial real estate.

2025 © STOREYS Publishing Inc. | All Rights Reserved

Howard Chai

Staff Writer & Western Lead

​The 34-storey Eclipse tower in Burnaby by Thind Properties was placed under creditor protection on January 8 and is 95% complete.

KingSett Capital recently initiated two new receiverships in BC, adding to an extensive list of mortgages tied up in insolvency proceedings in that province and in Ontario.

​A recent construction cost report by Altus Group found that costs were higher in Vancouver regardless of the type of residential building.

Commercial real estate transactions in Greater Vancouver totaled to 1,442 in 2024, the lowest total in over a decade.

Beedie has sold its old head office at 3030 Gilmore Diversion and has relocated to Station Square in Metrotown.

​Colliers International is acquiring Triovest from Coril Holdings for an undisclosed amount, with Triovest set to be folded into Colliers.

​The land assembly consists of 26 parcels between E Broadway and E 10th Avenue in Vancouver, near Renfrew Street.

​The proposal for 2245-2283 W Broadway in Vancouver is being led by Frame Properties and owned by Dayhu Group.

Vancouver has a shortage of 10,000 hotel rooms according to Destination Vancouver and the City is looking to address that shortage with policy changes.

​The social housing tower at 1395 Rolston Street is part of the larger Granville Loops redevelopment at the eastern end of Granville Bridge in Vancouver.

​The existing Evergreen Terrace housing development sits on a 7.81-acre site along Blanshard Street between Bay Street and Hillside Avenue in Victoria.

The Canadian dollar is lower now than it was a year ago, but that may not be a bad thing for commercial real estate.

2025 © STOREYS Publishing Inc. | All Rights Reserved

The 34-storey Eclipse tower in Burnaby by Thind Properties was placed under creditor protection on January 8 and is 95% complete.

A recent construction cost report by Altus Group found that costs were higher in Vancouver regardless of the type of residential building.

Colliers International is acquiring Triovest from Coril Holdings for an undisclosed amount, with Triovest set to be folded into Colliers.

The land assembly consists of 26 parcels between E Broadway and E 10th Avenue in Vancouver, near Renfrew Street.

The proposal for 2245-2283 W Broadway in Vancouver is being led by Frame Properties and owned by Dayhu Group.

The social housing tower at 1395 Rolston Street is part of the larger Granville Loops redevelopment at the eastern end of Granville Bridge in Vancouver.

The existing Evergreen Terrace housing development sits on a 7.81-acre site along Blanshard Street between Bay Street and Hillside Avenue in Victoria.