A ground level view of the GEC Viva building in Downtown Vancouver.

Student Housing Provider GEC Living Introduces Developer Partnership Program

​GEC Living will partner with other local developers to lease space, providing security to those developers and quickly adding student housing to the market.


City Of Vancouver Looks To Address Hotel Room Shortage

Councillor Kirby-Yung notes that Vancouver is in need of 10,000 new hotel rooms as it prepares to host several large-scale events in the coming years.


Inside The $68M Court-Approved Sale Of Coromandel Properties' Southview Gardens

Coromandel Properties had plans to redevelop the Southview Gardens property into four six-storey buildings with over 1,100 rental units. However, the property was placed under receivership earlier this year after Coromandel defaulted on loan payments.

Real Estate News

67% Of Home Builders, Developers Say They’re Building Fewer Units As Market Slows

Though builder confidence rallied slightly in Q2, the industry “remains downbeat” amid interest rate headwinds, with 22% of Canadian home builders reporting cancelling projects entirely.


CAPREIT $54M Acquisition Of Parque On Park Top BC Multi-Family Deal In First Half Of 2023

Both multi-family transactions and residential land transactions have seen a significant drop-off this year, but CAPREIT's $54M purchase of Parque on Park provided a noticeable boost.


BC Housing Acquires Salvation Army Harbour Light Vancouver Facility For $42M

​The deal for the Salvation Army Harbour Light property at 119 E Cordova was brokered by Colliers and closed in May, but the buyer was not made public previously.


Intracorp Project Sale Could Be A Sign Of Tough Rental Development Headwinds

The property is owned by Amica but being redeveloped by Intracorp Homes, with rezoning for the project approved earlier this year.


How The Housing Crisis Is Driving Mall Redevelopments Across Canada

Square One in Mississauga. Oakridge Park in Vancouver. Mall redevelopments big and small and currently happening across Canada.

Real Estate News

Developers Of 24-Storey Contour Metrotown List Pre-Con Site For $19.8M, Citing "Market Conditions"

The 24-storey Contour Metrotown project was planned for 6677 Silver Avenue (formerly 4330 Maywood) and has yet to commence construction.

Real Estate News

Bosa Properties Unveils New US Subsidiary Following Lawsuit From Bosa Development

Bosa Properties has their eye on the US market, and will now operate under a new subsidiary called IPB Properties, based in Seattle.


How Peoplefirst Developments Decided to Convert Calgary's Petro Fina Building

Peoplefirst Developments is taking advantage of Calgary's Downtown Development Incentive Program to convert the Petro Fina Building.