Multifamily
Multifamily
Landa Global To Buy Vancouver Modus Project Under Receivership For $10.6M
The Modus project planned for 7576 Granville Street in Vancouver was being built by Centred Developments before it was placed under receivership in May 2024.
Jan 22, 2025
Industry
Difficulties In China Force Aoyuan To Sell Projects In Vancouver, Toronto
The sales China Aoyuan Group has made are pertaining to The Grove and One Central in Metro Vancouver, and 120 Peter Street and M2M Condos in Greater Toronto.
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.
Sprawling Collingwood Estate Boasts Apple Orchards And A Squash Court
In the Collingwood countryside — AKA: one of Southern Ontario's most beloved regions, known for its world-class ski resorts and proximity to Georgian Bay — sits a charming-yet-luxurious farmhouse that you must get acquainted with.
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.
Multifamily
Minto REIT Buys 50% Stake In Lonsdale Square, Entering Metro Vancouver Market
Lonsdale Square is 113-unit rental building located at 126 E 21st Street in North Vancouver that Minto Apartments developed with Darwin Construction.
Multifamily
Starlight Buys Victoria Property Under Receivership For $23.5M After Bidding War
The 87-unit rental building at 4026 Quadra Street in Victoria was previously owned by Asfar Holdings Ltd. when it was placed under receivership in March.
Multifamily
RioCan & Allied Sell 8-Storey Strada In Toronto To CAPREIT For $48M
The 8-storey Strada at 555 College Street in Toronto was developed in 2021 by RioCan and Allied Properties REIT.
Multifamily
First Capital REIT Sells 50% Stake In North Vancouver Project For $29M
Victor, located at 65 Chesterfield Avenue in North Vancouver, was developed by Cressey Development and First Capital REIT.
Industry
CBRE To Broker Sale Of High Park Church Conversion Under Receivership
Construction on the High Park site has not advanced since late 2023 when the trade contractors abandoned the project “due to liquidity challenges and other delays.”
Multifamily
Westbank Continues Selling Spree With $133M Sale Of Zephyr To Crombie REIT
Crombie REIT has reached an agreement with Westbank to acquire the remaining 50% interest in The Zephyr at 1661 Davie Street for $133M.
Construction
High Land Costs In Vancouver Pushing Condo Projects Out To Suburbs: CMHC
The City of Vancouver is leading the region in rental housing starts, while condominium developments are moving out to suburbs like Burnaby and Surrey.
Multifamily
BC Housing, YWCA Buy 388 Slocan Affordable Housing Project By Chard For $32M
The 70-unit affordable housing project at 388 Slocan Street, the YWCA Sandy So Vista, was developed by Chard Development.
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