Industry
Industry
King Square Shopping Centre In Markham Under Receivership Over $52M Debt
The King Square Shopping Centre in Markham opened in 2019 and a hotel was also planned for the mall's surface parking lot.
May 01, 2024
Industry
Brantford's Cordage Heritage District Placed Under Receivership Over $12M Debt
The owner of the Brantford property, 111 Sherwood Investments Inc., was placed under receivership earlier this month at the request of NHE Capital Corp.
Industry
Slam Dunk: Ballin' Out For Charity Raises $111,000 For MLSE
The Second Annual Ballin' Out for Charity event united Toronto's real estate industry in friendly competition.
Industry
Pace Developments' 50-Acre Barrie Project Under Receivership Over $47M Debt
The application to appoint a receiver for Pace Developments and its Urban North Townhomes project in Barrie was filed by KingSett Mortgage Corporation in March.
This $3.7M Arthur Erickson-Designed Townhome Is A Work Of Art
A home needs to be more than just aesthetically pleasing to be an artistic dwelling; it needs to inspire its inhabitants through unique, thought-provoking design, that pushes boundaries and transcends the norm. (You’ll know one when you see it.)
Industry
Colliers' Hart Buck & Jennifer Darling On The Uptick In Court-Ordered Sales
Hart Buck and Jennifer Darling of Colliers have handled numerous court-ordered sales in Metro Vancouver, especially in the past year.
Industry
Quarry Rock Developments In BC Subject Of 9 Receiverships, Foreclosures
Projects by Quarry Rock Developments that are currently under receivership or foreclosure include The Willoughby, The Met, The Gordon, and The Graham.
Industry
Bankrupt Cambridge Homebuilder Denied Licence Renewal
An investigation has found that Hira Custom Homes had previously “attempted to sell homes that were already under an Agreement of Purchase and Sale, unjustifiably increased prices, did not comply with conditions on its licence, and provided false information to both purchasers and the HCRA.”
Industry
St. Catharines Developer Slammed With 26 Charges For Illegally Selling Homes
The HCRA has revealed that Christopher Lamb and his former company Novel Condominiums “have been found guilty of 26 charges of selling new homes illegally,” and as a result, have been hit with a $150,000 fine.
Industry
Nexii Building Solutions, Under Creditor Protection, Sells Subsidiaries For $3M
After previously reaching "unicorn" status with a $1B valuation and hitting $2B, BC-based green construction company Nexii Building Solutions filed for creditor protection in January.
Industry
Foreclosed Coromandel Properties Site In Cambie Corridor Sold For $11.2M
The foreclosed site that was formerly owned by Coromandel Properties consists of 5188 and 5210 Ash Street in the Cambie Corridor of Vancouver, near Queen Elizabeth Park.
British Columbia / Alberta
The Buzz Conference ‘ROCK'N REAL ESTATE 2024’ Hits Calgary In May
The country’s premier real estate conference is set to land in Calgary on May 2, and the event is shaping up to be a who’s who of Alberta real estate’s most influential leaders, thinkers, and innovators.
Commercial
NAIOP Vancouver Reveals Finalists For 2024 Commercial Real Estate Awards
The NAIOP Vancouver Commercial Real Estate Awards ceremony will be held on Wednesday, May 29.
Policy
CREA’s New ‘Duty Of Cooperation’ Policy Raises Questions Over Enforcement, Penalties
“I feel like we're kind of in a period of growing pains where I'm still seeing a lot of people violating the policy because it's so unclear what the actual punishment will be.”
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