Industry

tim hudak Ontario Real Estate Association (OREA)
Industry

OREA CEO Tim Hudak Steps Down After Seven Years

Tim Hudak has revealed to OREA members that he is stepping down as chief executive officer, effective August 2, 2024.

Development Projects

Less Than A Year After Launch, Capital Developments’ Yorkville Flatiron Breaks Ground

“It's not just a big milestone for Capital Developments, I think it's also a really big milestone for the whole industry.”

Industry

Quarry Rock's The Willoughby In Langley Sold For $35M Through Receivership

The 20335A 70A Avenue property in Langley, where Quarry Rock Developments was planning an 87-unit townhouse project, was placed under receivership in November.

Industry

Ottawa Shopping Mall Makes A Comeback From Receivership Order Issued In June

As far as receiverships go, things have taken an atypical turn for the Ottawa Train Yards, which were involved in an appointment order in early June amid allegations of a $40M debt.

Industry

AimForce Development Hit By 3 Foreclosures, Including 67-Storey Surrey Project

​The 67-storey tower was planned for 10227 King George Boulevard, which has become the subject of a new foreclosure, along with two other properties owned by AimForce Development Group.

Industry

Greybrook Announces Death Of Founder Elias Vamvakas At Age 65

Vamvakas is remembered by his company as a “visionary leader whose entrepreneurial spirit and dedication laid the foundation for Greybrook”

Industry

Failed Sale, $49M Debt Push Slate-Owned Burnaby Office Towers Into Receivership

​The subject property of the receivership against Slate Asset Management is the "Golden Towers" office complex at 4330 Kingsway in Burnaby.

Industry

From Condos To Commercial, This Canadian Software Service Is Modernizing Marketing

Planpoint caters to clients across a range of real estate realms – from new condo developments to rentals to commercial properties, and even single-family development projects.

Listed Commercial

Foreclosed White Rock Project By Weststone Group Listed For Sale Over $19M Debt

​Weststone Group was planning 100 rental units and 147 strata units across two buildings at 14990 North Bluff Road in White Rock, which was just listed for sale.

Industry

Buyer Found For Vandyk’s King’s Mill Site Under Receivership

As part of the sale of the property to PAD Investments Ltd., it appears that existing pre-sale agreements will be terminated per a notice sent to buyers of The King’s Mill project on June 28.

Industry

Developer Behind Richmond Hill Townhome Project Owing $22.5M In Receivership

The receivership order over King Development Inc. extends to include a stacked and freehold townhome development at 8, 10, 12, 14, 16, and 18 Bostwick Crescent, and 2, 6, and 8 Bond Crescent in Richmond Hill.

Industry

How INDOCHINO Styles Realtors For Summer (And Beyond)

INDOCHINO takes the guesswork out of creating that perfectly tailored suit. If you're ready to start the process, here's what to expect.

Industry

Mississauga Industrial Development Sites In Receivership Await Sales Approval

The undertakings at 759 Winston Churchill Boulevard, 688 Southdown Road, and 2226 Royal Windsor Drive have been mired in receivership proceedings since mid-February.