Featured
Industry
STOREYS' Trend Of The Year: The Pivot To Purpose-Built Rentals
Over the last twelve months, many industry professionals have shifted their focus from the embattled condo market to creating more purpose-built rentals.
Dec 16, 2024
Industry
Lenders Concerned About Owner Of Richmond Versante Hotel As Sales Process Stalls
Owned and operated by Michael Ching and Sunwins, the Versante Hotel at 8499 Bridgeport Road in Richmond became the subject of a foreclosure in January 2024.
Homes
37 & 38 Storeys Proposed For Lawrence Avenue East
The development would include 740 residential units ,as well as retail and medical offices.
Real Estate News
How Long Does It Take New Market-Rate Housing To Become Affordable?
Key factors in answering that question include the "filtering" effect of housing as well as construction timelines.
This Custom-Built Uxbridge Estate Exudes Modern Luxury
Tucked away on one of Uxbridge’s most coveted roads, a custom-built estate is serving a rare fusion of architectural excellence and resort-style luxury.
Development Projects
Gairloch And Fairway Propose 38 & 43 Storeys For Yonge-St. Clair
The chic new infill development would replace 12-single family homes with 706 housing units.
Industry
HCRA Denies Licence To Toronto Homebuilder With Links To Albion
A former director of Albion Building Consultant Inc. has been denied a building licence after applying under a numbered company, 9618759 Canada Inc.
Development Projects
Plans Filed For 40- And 45-Storey Residential, Film Studio In Toronto’s Port Lands
Plans from Tepfam Holdings are in keeping with the ongoing efforts to turn the Port Lands neighbourhood of Toronto into a buzzing community and housing hub.
Under Construction
All Eyes Are On Ford To Fix How We Approve New Housing
In the midst of a housing crisis, the labyrinth of approvals and permits that builders have to navigate is perplexing, says RESCON President Richard Lyall.
Development Projects
Brivia Group To Pay $55M To Cut Social Housing From 60-Storey CURV In Vancouver
The CURV tower by Brivia Group is set to be one of the tallest towers in Vancouver and the tallest passive housing building in the world.
Industry
Inside Hudson's Bay's "Fully Intertwined" Relationship With RioCan
The Hudson's Bay Company filed for CCAA creditor protection last week and that creditor protection extends to its joint venture with RioCan REIT (TSX: REI.UN) as well.
Other (Canada)
Canada's Population Is Aging, Where Is Everyone Going To Live?
The Government of Canada projects that seniors will account for nearly one quarter of the overall population by 2040.
Policy
Toronto Looks To Defer DCs For “Stalled” Condo Projects With Affordable Units
It’s estimated that up to 3,000 condominium units can be moved through the development review pipeline with the proposed development charges deferral.
Economy
Bank Of Canada Slashes Interest Rate To 2.75% As Trade War Develops
This marks the seventh interest rate cut in a row delivered by the Bank of Canada since June 2024.
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