Staff Writer & Western Lead

Policy

BC Property Owners Group Seeking Judicial Review Of Short-Term Rental Legislation

The petition to the Supreme Court was filed last week by the West Coast Association for Property Rights, also known as the Property Rights Association of BC (PRABC).

Listed Commercial

Boutique Versante Hotel In Richmond Put Up For Sale Over $80M Debt

​The Versante Hotel sits at 8499 Bridgeport Road in Richmond, near YVR, and has been made available for purchase via private sale.

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.

Condos

BC Spring Market Forecast: Amidst Uncertainty, Presale Purchase Incentives Are In Abundance

In this series, presented by Spark, STOREYS explores British Columbia's spring market. In today's instalment: a dive into how over the past few months, Metro Vancouver has seen an influx of presale buyer incentives that's reflective of the current state of the market.

Policy

Feds Announce $600M Towards Housing Prefabrication, Homebuilding Innovation

Friday's announcement included a Homebuilding Technology and Innovation Fund and $500M for the Apartment Construction Loan Program specifically for prefabricated and modular housing.

Development Projects

Bonnis Properties Cancelling 17-Storey Granville Street Redevelopment

The redevelopment envisioned for 800-876 Granville Street was dependent on its office component, which is no longer possible, Kerry Bonnis told STOREYS.

Policy

Federal Government Announces $1.5B Canada Rental Protection Fund

​The Canada Rental Protection Fund will provide money to non-profits to acquire existing affordable rental housing, in order to shield them from rent increases or redevelopment.

Policy

Why Sean Fraser Thinks BC Is "Leading The Country" On Housing Policy

The Government of Canada is now creating a Canada Builds program just like British Columbia's BC Builds program.

Renting

BC Gov To Amend Residential Tenancy Act To Deter Bad-Faith Evictions

Besides detering bad-faith evictions, other amendments will also restrict rent increases when a family has a child.