Howard Chai
Howard is a freelance real estate reporter based in Vancouver who covers the development industry, housing policy, and commercial real estate. He was previously Western lead at STOREYS, where his work was nominated for a Jack Webster award. He is also a contributor at Western Investor, RENX, The Tyee, and The Globe and Mail, as well as Founder of The Realist.
Real Estate News
Ontario Municipalities Begin Slashing Development Charges As Part Of Federal Deal
Barrie, Guelph, and Windsor are just some of the local governments that have received funding as part of the Development Charge Reduction Program (DCRP).
Renting
Millennium Ups Proposed Kitsilano Rental Tower To 26 Storeys, Adding Hotel
Millennium Development initially proposed a 20-storey rental tower for 2158-2170 W 1st Avenue in 2024, and is now proposing a 26-storey rental tower with a hotel.
Real Estate News
Sutton Group Announces Strategic Partnership With Ace Project Marketing
The partnership combines Sutton Group’s national network with Ace’s development services and project marketing expertise.
Development Projects
Markham's Nearly-Complete EverHome Condo Project Placed Under Receivership
The EverHome condo project, at 9704 McCowan Road in Markham, was being developed by The Sher Corporation and has pre-sold over 100 units.
Listed Commercial
Amazon-Leased Ajax Facility Listed As Part Of 3-Building Industrial Portfolio
The industrial park at 789 Salem Road North, 689 Salem Road North, and 210 Kerrison Drive East in Ajax is leased to Amazon and H&M, among others.
Real Estate News
Ahead Of BC Election, UDI, Housing Central Push For Four Actions
The four housing-focused groups have come together as “unlikely allies” ahead of BC’s snap election on Saturday, October 24.
Development Projects
Terra Bona’s Two-Tower Development Site In Markham Sold Under Receivership
The 0.95-acre development site, located at 7115 Yonge Street and 8-14 Grandview Avenue in Markham, has been approved for two towers with 873 total units.
Office
How An Ottawa Office Conversion Ended Up In Receivership
The office building at 495 Richmond Road in Ottawa is owned by DOV Capital Corp and was placed under receivership on September 17 by Addenda Capital, after — according to filings in Ontario Superior Court — the conversion commenced without the lender's approval.
Listed Commercial
KingSett Capital Lists Two King Street East Office Towers In Downtown Toronto
RBC Capital Markets Realty recently listed 8 and 18 King Street East in Toronto, on behalf of KingSett Real Estate Growth LP No. 6.
Development Projects
Surrey, SFU Submit Application For New SFU Med School Designed By Stantec, Revery
The Surrey City Development Corporation and Simon Fraser University recently submitted their development application for Phase One of Centre Block.
Development Projects
Ontario Mondria Condos Under Receivership After $14M Water Damage Incident
Developed by Monde Development Group, Mondria 1 is located at 1607 King Street East in Clarington, and its water damage incident occurred in December 2025.
Real Estate News
Verve Senior Living Buys Ashcroft’s Ottawa Ravine Seniors Complex Under Receivership
Developed by Ashcroft Homes, the Ravines Retirement Residence and Ravines Senior Suites in Ottawa have been under receivership for over a year.
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