Industry
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.”
Jul 19, 2024
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.
Award-Winning Lakeside Kelowna Mansion Hits Market For $15.9M
The beautiful home at 20-180 Sheerwater Court in Kelowna won the Home of the Year award at the 2023 Okanagan Housing Awards of Excellence.
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.
Industry
Receiver Appointed Over Brampton, Caledon Development Lands As Lenders Allege $90M Debt
The receivership order extends over development lands in Brampton set to accomodate over 2,000 new residential units in townhomes, single-family homes, and mid- and high-rise apartments.
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