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Renting
Behind The Scenes, This Property Management Group Is Ahead Of The Curve
“It's easy to get fatigued in this business. It's a very hands-on business that focuses on a lot of minutia,” says Oren Turkienicz, CEO of Holt Meadow. “So from our perspective, it's important to keep employees engaged.”
Development Projects
Final Designs Released For First Phase Of Cloverdale Mall Redevelopment
Renderings from Giannone Petricone Associates reveal the striking final design for the 33- and nine-storey development set to kick off the ambitious Cloverdale Mall overhaul.
Economy
Where Every Big Bank Stands On Tomorrow’s Interest Rate Announcement
Economists with Canada’s ‘Big Five’ banks are unanimously calling for an interest rate cut tomorrow, but there is some diversity in views when it comes to the announcements to follow.
Worried About Higher Mortgage Payments? A HESA Can Help
With The Home Equity Partners’ recent introduction of the Home Equity Sharing Agreement (HESA) to the GTA, potentially distressed borrowers have a new solution — one that sidesteps many pitfalls.
Multifamily
The Lauren, Developed By Westbank And Peterson, Sold To Starlight
The Lauren is a 22-storey rental tower located at 1051 Broughton Street in the West End of Vancouver that was completed by Westbank and Peterson in 2014.
Construction
Construction Associations Push BC To Create Ministry Of Construction
The BCCA and VRCA published a joint press release this week with their proposal for a new Ministry of Construction.
Industry
TRREB Membership Declines Year-Over-Year For First Time Since At Least 2016
Toronto realtors currently stand at a cost-benefit-analysis-inducing crossroads of slow market conditions and an increasingly hard-to-traverse industry. For some, the changing real estate landscape will edge them out, especially if profits increasingly fail to justify financial and mental pressures realtors are experiencing.
Industry
Jennifer Keesmaat, Teresa Goldstein Appointed To National Housing Council
Both Keesmaat and Goldstein are celebrated urban planners known for their work leading large-scale city building initiatives.
Urban Living
What’s Open And Closed In Toronto On The 2024 Labour Day Long Weekend
Labour Day — which falls on Monday, September 2 this year — is a statutory holiday, which means that many government and public services will be closed for the day in Toronto.
Construction
BC Updates Building Code To Allow Single Egress Designs For Mid-Rise Buildings
The Province hinted that it was going to be making this change to the BC Building Code over the summer and has now officially moved forward with it.
Retail
Tokyo Smoke To Shutter 29 Stores Amid Restructuring, Citing $29M Net Loss Last Year
The company has said that 167 locations across Ontario, Manitoba, Saskatchewan and Newfoundland and Labrador will remain operational during the creditor protection proceedings.
Listed Country
River Views And An Indoor Pool Await At This Gorgeous Fergus Estate
Tucked into the serene landscapes of Fergus, Ontario, a newly listed abode — dubbed The Riverlands — sprawls across a 3.7-acre estate.
Listed Commercial
Guardian Office Building In Edmonton Under Receivership Listed For Sale
The Guardian Building at 10240 124 Street in Edmonton is owned by 1643680 Alberta Ltd, which was placed under receivership in June.
Industry
30-Storey Connolly Tower In Hamilton Placed Under Receivership A Second Time
The Connolly, planned for 98 James Street South in Hamilton, has been placed under receivership twice now, under two different developers.
Policy
BC Outlines Local Requirements For New Inclusionary Zoning, Density Bonus Bill
The Province announced Bill 16 in April but only recently published some guidance on implementation, with more guidance expected next year.
Policy