Industry

vandyke properties
Industry

Vandyk Group Mired In Another Receivership Order As Lenders Allege $12M In Debt

A receiver has been appointed for unsold units within Vandyk's boutique condominium building in South Etobicoke.

Industry

Site Of Planned 28-Storey Tower In Vancouver West End To Be Sold After Foreclosure

​The foreclosure proceedings against the 1555 Robson Street site, owned by Vivagrand Developments, were launched in June 2023.

Industry

3-Tower Project In Brampton Under Receivership Over $10M Vendor Take-Back Mortgage

Court documents show that the debtor failed to cough up a $400,000 interest payment to Homedale-Eagle Corporation that was due on November 2, 2023, and has been in default of the loan ever since.

Industry

Receiver Appointed For ‘Cathedraltown Piazza’ Development Site Over $55M In Debt

The second and third phases of an upscale condominium community in Markham have been embroiled in receivership proceedings since December, and those came to a head last month.

Industry

REBGV To Rebrand As Greater Vancouver Realtors

​On Thursday, the Real Estate Board of Greater Vancouver (REBGV) announced that it is rebranding as "Greater Vancouver Realtors," effective Monday, Feb. 12.

Industry

Horizon 21 Project In Coquitlam To Be Sold Following Foreclosure

Centred Developments' Horizon 21 project at 218 Blue Mountain Street in Coquitlam has been the subject of foreclosure proceedings that began in 2022.

Industry

A Game Changer: Recap Of The BUZZ Conference 2024

The who’s who of Canadian real estate descended on downtown Toronto last week for the industry’s premier conference.​

Industry

Greenbelt Developer Tricked Partner Into Selling Valuable Land, Lawsuit Alleges

Businessman Allan Fenwick alleges that developer Michael Rice of the Rice Group of Companies fraudulently convinced him to sell his shares in a 100-acre East Gwillimbury property.

Industry

Mississauga, Hamilton-Burlington, Waterloo, Simcoe Realtors Merge Under New Association

The new 'Cornerstone Association of Realtors' will be the second-largest real estate board in Ontario when it launches on July 1.

Industry

TRREB REALTOR® QUEST 2024 Returns To Toronto This May

TRREB REALTOR® QUEST 2024 will run from May 15 to May 16, and real estate aficionados are invited to tap into a variety of sponsorship and exhibitor opportunities.

Industry

Lender Seeks Receivership For Mizrahi, Rogers Yorkville Condo Development

The lender, Duca Financial Services Credit Union, alleges that the developers – Sam Mizrahi and Edward Rogers – are in default, owing $16M.

Industry

Blackstone's Real Estate Revenue Plummeted By 50% In 2023

Blackstone recently acquired Toronto-based Tricon Residential in a $3.5B deal that saw the giant asset manager buy up all outstanding common shares of Tricon in order to take it private.

Industry

Real Estate Agent And Broker Revenues Plunge 26% In Ontario, 27% In BC

New data from Statistics Canada shows what we already know anecdotally: real estate industry revenues have taken a major hit in the face of higher interest rates.