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BTB aims to make more noise selling, acquiring
BTB aims to make more noise selling, acquiring
Look to see more announcements from BTB REIT in 2017. The Montreal-based trust had a quiet 2016, focusing on internal housekeeping such as reducing its debt level and efforts to shave its borrowing costs.
Urbanfund assembles Kitchener property for apartments
Urbanfund Corp. is expanding its Kitchener, Ont., portfolio and plans to consolidate two adjacent properties to develop a purpose-built rental apartment complex. The company is contributing 87 per cent of the $2.1 million being paid for a 16,700-square-foot site at 51, 55 and 59 Scott St. in Kitchener.
Niagara Parks sets sights high for marina development
The Niagara Parks Commission has issued a request for proposals to develop its Niagara Parks Marina property at Miller’s Creek, located 22 kilometres south of the Horseshoe Falls in Fort Erie, Ont. The current marina was developed in 1968 and has since grown to include 135 slips.
Cushman & Wakefield unveils ‘high-performing’ offices
Aiming to practise what it preaches, Cushman & Wakefield has moved into a “high-performing” national headquarters that could be a model for the rest of its Canadian offices.
UBC wins Coquitlam Central station plan contest
Eight students from the University of British Columbia are still on a “winner’s high” after besting a competition to design a mixed-use master planned community at Coquitlam Central station in Metro Vancouver.
The power of the second mortgage
Many people think of second mortgages as an option reserved for riskier deals or under-capitalized borrowers. The truth is that it’s a tool used by a wide cross-section of investors to serve many purposes.
Six months ago: Algoma Central Properties has begun its selloff
While Algoma Central Properties (ALC-T) president Tom Siklos would prefer if its parent company wasn’t getting out of the real estate business, he’s trying to make the most of it. “We want to accomplish what the board has asked and when we walk away from here we want to have raised as much capital as possible,” said Siklos.
One year ago: Urbanfund continues SW Ontario property push
Urbanfund Corp.’s (UFC-X) recent acquisition of a multi-residential rental development site in Kitchener, Ont., is as much about the market as the property for president and chief executive Mitchell Cohen.
| Property Biz Canada, Thursday, March 9, 2017 |
| Cadillac Fairview-OPB office tower coming to Toronto Property Biz Canada, March 9, 2017 |
| Oxford sticking with U.S., U.K. despite ‘noise’ Property Biz Canada, March 9, 2017 |
| Hutcheson has vision for Convention Centre building site Property Biz Canada, March 9, 2017 |
| Outlet Collection Winnipeg a first for Central Canada Property Biz Canada, March 9, 2017 |
| Spring Seasons beckons for Winnipeggers Property Biz Canada, March 9, 2017 |
| Understanding and investing in commercial real estate The Longview, March 9, 2017 |
| Where is your lottery ticket to fund retirement? Value: Weighed and Measured, March 9, 2017 |
| Six months ago: Pent-up demand filling Vancouver office towers Property Biz Canada, March 9, 2017 |
| One year ago: C&W Canada CEO has a growth mandate Property Biz Canada, March 9, 2017 |
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