Multi-res prez sees growth ahead for Timbercreek

Multi-res prez sees growth ahead for Timbercreek

Considering the fact that Timbercreek Asset Management has built up a $3.5 billion multi-residential portfolio in the past 15-plus years, it should be no surprise to hear its new multi-residential division president promising more growth in the future.

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SmartREIT reveals plans for new VMC office building

SmartREIT and its chairman Mitchell Goldhar have plans for a new class-A office building in the Vaughan Metropolitan Centre (VMC), with professional services firm PwC Canada as the lead tenant.

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Brock Commons shows tall wood construction potential

The final wood panel was installed in the University of British Columbia’s Brock Commons, which will be the world’s tallest timber structure, this week. Brook CommonsThe student residence is scheduled to open in mid-2017 and could usher in a new era in wood construction as it has attracted international attention.

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Losani capitalizing on housing boom west of GTA

With better GO train service and an improved transportation network, the Hamilton/Niagara region is increasingly becoming an attractive option for homebuyers priced out of Toronto. The area around Hamilton already saw a price increase of 9.7 per cent in 2015 compared to the year before, so some buyers are migrating further west.

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Record high land transactions in GTA in Q2

Residential, industrial, commercial and institutional land sales in the Greater Toronto Area (GTA) set a record high at more than $2 billion in the second quarter of 2016. All real estate transactions for the quarter in the GTA were $5.2-billion the second highest volume for a quarter since 2007 led only by the fourth quarter of 2015.

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How many red buildings do you have in your portfolio?

Last year temperatures were the hottest on record, by a wide margin. According to the experts, it was a combination of El Niño and human activity. You only have to step out the door just about anywhere across Canada this summer to appreciate 2016 is out to give 2015 a run for its money.

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Salesman, saleswoman or salesperson?

A few weeks ago, I was searching for a photo to accompany an earlier blog post. It didn’t surprise me, but it was a little disheartening to find that images of female real estate agents were hard to come by.

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Six months ago: Time ripe for Canadian investment: Sahi

Despite a stumbling economy, Morguard Corporation chairman and chief executive officer K. Rai Sahi has his sights firmly set on Canada. “The current economic environment in Canada is challenging,” Sahi said. “There are significant variables that make predicting 2016 extremely difficult.

Property Biz Canada

One year ago: Skyline doubles Cleveland hotel stake

Skyline International Development Inc. knows something most Canadian real estate companies don’t: it’s hot in Cleveland. While the words “booming” and “Cleveland” have not been used together for decades, the former manufacturing hub on the shore of Lake Erie is enjoying an economic renaissance thanks to the development of a service-, medical- and education-oriented business base.

Property Biz Canada

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