Industry

Quarry Rock Developments was planning a project called The Met at 2245 McAllister Avenue in Port Coquitlam.
Industry

Northstar Development To Buy QRD Met Project Under Receivership For $11.6M

Quarry Rock Developments was planning a mixed-use project called The Met at 2245 McAllister Avenue in Port Coquitlam.

Industry

Ana Bailão On Affordable Housing Strategies For Toronto

Amid the housing crisis, access to affordable housing in Toronto continues to be a central issue for many Torontonians as governments, non-profits, and the private sector work to realize effective housing solutions. But there is still much to be done.

Real Estate News

On National Housing Day, A Look Back At The Initiatives That Defined The Past Year

Defined as “a day dedicated to raising awareness about housing and homelessness,” National Housing Day 2024 is a good time to reflect on the fact that importance is being put on restoring housing affordability and stability for Canadians — an indisputably tall order.

Industry

What BC Developers Really Think About Another NDP Term

One of BC’s top developers made waves in the last days of the provincial election campaign by urging everyone to vote BC Conservative in order to end an NDP regime headed by Premier David Eby that he called a blight on the economy and more.

Breaking News

Duck Island, Home Of Richmond Night Market, Subject Of $90M Foreclosure

​Duck Island, located along the Fraser River and leased to the Richmond Night Market, was set for redevelopment by Jingon International Development Group.

Industry

“A Paradigm Shift”: In A Unique Real Estate Market, This Firm Is Ahead Of The Curve

Elysium Investments deviates from the hyper-competitive, “dog-eat-dog” nature of new development in favour of a strategy called “collective serendipity,” where sellers are treated like joint-venture partners.

Industry

Sale Of Troubled Central Park Ajax Project Under Receivership For 3 Years Fails

​The project, located at 134-226 Harwood Avenue South in Ajax, was being undertaken by LeMine Investment Group when it was placed under receivership in April 2021.

Industry

Thind Facing Two More Receiverships, Owes $220M To KingSett

​The receivership application was filed by KingSett Capital against Thind's Highline and Minoru Square projects.

Construction

Ontario Homebuilding Lagged Behind Other Provinces For The Last 6 Years, Study Finds

Ontario has consistently ranked in the bottom half of provinces in terms of homebuilding per capita over the last six years — the data for 2024 being an indicator that things are only getting worse.

Industry

Construction On The One Threatened By Potential Lawsuit Against Receiver

The potential lawsuit is coming from Mappro Realty, the owner of an adjacent property, over the staging area being used for construction of The One.

Industry

Thind's District Northwest In Surrey Placed Under Receivership With $85M Debt

​The District Northwest project by Thind Properties is set for 13438 105A Avenue in Surrey and consists of two high-rise towers.

Industry

Chacon Developments Facing 4 Receiverships, Power Of Sales In Ontario

Chacon Developments is currently facing two receiverships and two of its other properties have been made available via power of sale.

Industry

EDGAR Development Simplifies Its Strategy As It Faces A Barrage Of Bureaucracy

“We can continue to find solutions, but I don’t feel that we are being heard. It’s cumulative, they are piling it on. It’s just not tenable anymore,” says Peter Edgar, who started the company in 2009.