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
Development Projects
Keltic Unveils 3-Tower Proposal For REVS Bowling Redevelopment In Burnaby
Keltic Development acquired 5502 Lougheed Highway, currently occupied by REVS Bowling, in 2023.
Commercial
Westbank Sells Remaining Stake In Deloitte Summit & Toronto House For $60.5M
Allied Properties REIT acquired stakes in Deloitte Summit and Toronto House from Westbank in March 2024, then acquired the remaining interest in December.
Real Estate News
Sellers Off To Active Start In 2025 In Vancouver Resale Market
Buyer demand has been gaining steam the past few months, but it was sellers who were more active in January.
Appointment Notices
Christopher Alexander To Step Down As President Of RE/MAX Canada
Alexander will remain a RE/MAX brokerage owner and transition to consulting for RE/MAX Europe.
Construction
Housing Development Expected To Pause If Tariff Threat Turns Into Trade War
The tariffs have resulted in a pause on investment, which will delay development for several months, Vancouver developers warn.
Retail
Shato Holdings Buys Willowbrook Park Shopping Centre In Langley For $137M
The Willowbrook Park shopping centre sits at 6131 200 Street, 6263 200 Street, and 19888 Willowbrook Drive in Langley.
Appointment Notices
BC Real Estate And Development Industry Hires And Promotions: January 2025
QuadReal, Beedie, and CBRE were just three of the companies that saw many promotions or new hires in January.
Profiles
BC Minister Of Housing Ravi Kahlon On His New Mandate And The Year Ahead
Kahlon discusses the suite of legislation that municipalities spent the past year implementing and what to expect from his ministry in 2025.
Industrial
Manulife Sells Two Industrial Properties In Coquitlam To Belkorp For $71.3M
The two industrial properties Manulife sold are located at 91-93 Glacier Avenue and 2338-2440 Canoe Avenue in Coquitlam.
Policy
How To Use British Columbia's Land Owner Transparency Registry
The Province launched the Land Owner Transparency Registry in 2020 in an attempt to end hidden land ownership in BC.
Construction
How Developers Think About Parking In The Age Of Transit-Oriented Development
Metro Vancouver developers have much more freedom now that minimum parking requirements have been cut in many places.
Office
QuadReal Sells 5-Building Meadowvale Corporate Centre In Mississauga For $40.1M
The Meadowvale Corporate Centre sits at 2000 Argentia Road in Mississauga and was sold by QuadReal to Aaxel Insurance.
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