financing
Construction
Inside The Financing Challenges Developers Are Facing With Rental Projects
According to a survey conducted by the CMHC this year, 85% of rental developers said they're having difficulties financing their projects.
Nov 29, 2024
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.
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.
Economy
“More Likely Than Not”: CIBC Sticks To July Interest Rate Cut Prediction
May’s inflation uptick has had some experts faltering on their previously-held belief that the central bank will cut rates again this month — however, CIBC’s Avery Shenfeld is not in that camp.
This Forest Hill Estate Will Transport You To The French Countryside
Whether you’re hosting dignitaries or retreating in solitude, this Forest Hill address offers a bespoke backdrop — and a lifestyle — that’s as rare as it is refined.
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