A bankrupt luxury waterfront property sells to a developer for $5.6 million while B.C. taxpayers pay $14 million for an old motel where the building is assessed at $90,000

The 234-acre parcel, considered among the last great waterfront packages available in the North Okanagan, begins our annual summer look at trophy and waterfront listings in Western Canada.

After eight years of planning, and three years since it was approved, the Valemount Glacier ski resort was expected to being construction in mid-2021.

B.C.’s Food Security Task Force report lampooned as “dismissive” of agricultural reality in Peace River region

British Columbia will weather the economic turmoil of COVID-19 better than all other provinces, according to Deloitte Canada

With revenues down 50 per cent and travel, convention and cruise bans in place, hotel owners open into an unprecedented headwind

Latest near-$75 million deal in Vancouver follows purchase of two Victoria hotels

More than two-thirds of British Columbians say they do not feel comfortable leaving the safety of their home office to return to work due to the COVID-19 pandemic. That’s according to a recent . . .

As the COVID-19 curve flattens, three western cities are poised for an economic bounce back

Central data, payment portals and mobile apps are changing the game

B.C.’s top doctor warns businesses that private testing of asymptomatic individuals is against public health guidances and will do little good

New subleases total more than 500,000 square feet of space and nearly doubled Vancouver’s downtown office vacancy rate to 4 per cent

Regardless of political stripe, nearly 80 per cent of British Columbians want to forbid non-Canadians from buying real estate in the province, a new Glacier Media survey shows

Rates for mandatory Insurance for Metro Vancouver strata corporations have soared 50 per cent and are up 40 per cent across B.C.

Mega-landlord CAPREIT has followed a Vancouver trend in offering one month free rent deals as city rental rates drop for first time in years

B.C. Housing minister urges landlords and tenants to work together as pandemic measures extended to June 23

Land and multi-family rentals accounted for more than half the dollar volume as Lower Mainland commercial real estate sales surged to $2.1 billion in Q1

A 177-year old fellowship has used a uniquely Vancouver solution to replace its aging seniors home with sleek new affordable housing

Comments accepted to July 16 on expansion that would increase LNG production capacity by more than 50 per cent

CRE landlords in B.C., Alberta face carrot-or-stick options with limited government aid that bans evictions

Market may see a rush of homebuyers trying to beat deadline for new regulations on income qualification and downpayments

Unique lease arrangement, pandemic, have kept targeted tenants away from waterfront apartments

“Cutting-edge” regional office tower will employ 250 people and provide new office and retail space in the heart of downtown

1,008-acre swath of East Surrey attracts developers as SkyTrain and 120,000 new residents are expected to turn rural land into an urban destination

Launched in the teeth of a pandemic, a new 122-unit luxury condominium tower in West Vancouver has pre-sold 54 condos in the last month, including a $6 million penthouse, and the head of its marketing team suggest the success is more than a geographic anomaly.

B.C. Commercial landlords who don’t use federal assistance programs not able to evict tenants under new B.C, legislation announced June 1

Smaller operators will bear the brunt of an unprecedented downturn that could last three years.

A seven-kilometre urban section of the Trans Mountain pipeline twinning project has begun in Kamloops, throwing a lifeline to struggling hotels. Trans Mountain Corp. said in a press release that . . .

B.C.’s top doctor, Dr. Bonny Henry, announced May 26 that the province has officially banned overnight summer camp to mitigate potential outbreaks of COVID-19. Summer camps for kids have also . . .

In a May 27 unanimous vote, Vancouver City council approved a staff recommendation to allow mass-timber construction up to 12 storeys for residential and commercial uses, doubling the current . . .

As B.C and other provinces lift restrictions, a massive clean-up has begun of offices and other workspaces. A lot of contracts had been temporarily suspended or they did a reduction in service to. . .

BC Hydro will begin increasing construction activities at Site C, its $9 billion clean-energy power project on the Peace River in northeast B.C. The first increase in work will focus on . . .

Federal housing agency forecasts sales will fall up to 29 per cent, home prices will plunge and starts could crater 70 per cent this year. Industry experts beg to differ.

Deep-pocket institutional investors continued to pile into the Metro Vancouver commercial real estate market this spring, as witnessed by the purchase last week of a Gastown office building and the. . .

Clearing for the first two spreads of Coastal GasLink pipeline construction through the Peace region is nearly complete. The Surerus Murphy Joint Venture is building the first two sections of the. . .

Some Metro Vancouver businesses could be better off staying closed than risk re-opening during the second phase of the B.C.’s government's plan to safely and gradually re-open the economy. “This . . .

Building is 115 years old but extensively renovated into Class 1 office and retail complex on Water Street.

Building construction has started on the controversial 530-acre Southlands community in Tsawassen, 30 years after the land was purchased and 14 years since a development proposal was first pitched to Delta council

Efforts to restart the B.C. economy got underway in earnest May 19 as the province eased restrictions on everything from restaurants to retailers. As restaurants and pubs reopen to sit-down . . .

The B.C. government has bought the Comfort Inn and Suites in Victoria for $18.5 million to provide temporary shelter for 65 people living in homeless camps at Topaz Park and Pandora Avenue in the . . .

A total of 3,284 homes were sold in April, according to new data from the British Columbia Real Estate Association (BCREA) – and the average price was up nearly 8 per cent from a year earlier. . . .

Manitoba has moved the fastest in lifting business restrictions due to COVID-19, but all four western provinces have now begun to get back to economic life with an easing of physical-distancing . . .

Freddie Marks is a specialist in B.C rural recreational property but his phones have lit up with calls from the big city since the pandemic brought on self-isolation and social distancing. “. . .

While most B.C. businesses shut down by the pandemic look to the provincial health officer for guidance on when they might cautiously reopen, many resource companies turn more to global markets and. . .

Vancouver’s retail tenants are expected to have a stronger hand when dealing with landlords after fashion retailers and malls reopen following closures aimed at slowing the spread of COVID-19. . . .

Housing sales across the Lower Mainland fell sharply in April, the first full month since the COVID-19 crisis hit, but benchmark prices increased in both Greater Vancouver and the Fraser Valley . . .

Office and industrial sectors saw the fewest tenants seeking rent relief in April, while requests for rental help is exploding among retail tenants due to COVID-19 closures, according to a national. . .

At least a dozen Surrey manufacturers, including a brewery, have retooled to produce essential medical and personal protective equipment (PPE) during the pandemic. The companies have the capacity. . .

As the COVID-19 pandemic continues to devastate the Canadian economy, small landlords – who account for the majority of rental units in western cities – are being hammered particularly hard. With. . .

B.C. restaurants could be allowed to open their dining rooms as early as next month, although the provincial government has made clear that any loosened restrictions will come from provincial . . .

The province orders immediate evacuation of hundreds from B.C.’s biggest homeless camps into hotels and community centres left empty due to COVID-19

Forty-five workers at a Scott Construction’s construction site in Richmond were served free food from a local Mexican restaurant April 24 as Scott’s Lunchbox Challenge campaign gained recruits . . .

The company behind Steve Nash Fitness World and Sports Clubs (SNFW), which owes more than $35 million to creditors, has put the business up for sale. Under protection from its creditors, the . . .

In what Laura Jones is calling a “nightmare on Main Street” nearly 60 per cent Canadian small businesses say they will not be able to pay rent May 1 on their commercial properties due to the COVID-. . .

All of B.C. will be hit but quick recovery seen, says BC Real Estate Association 


601-unit MF share deal was completed between existing owners in 2019

Hotel owners don’t want people with mental-health and addiction problems staying in their properties

Developer refers to COVID-19 rules for physical distancing but hopes to meet scheduled 2021 opening

E-commerce distribution, retail inventory backlog put space at premium

Industry organizations have made numerous resource hubs available online, while we all struggle during this pandemic – here is our round-up

Tech industry group urges federal government to rethink eligibility of 75 per cent COVID-19 wage-subsidy program

Ban on open houses foreshadows short- to mid-term trouble for property sales, as COVID-19 infects all aspects of the market

Vancouver's Downtown East Side advocates see no evidence of homeless being relocated to hotels, despite assurances by City Hall

COVID-19 slams brakes on a wide range of federal, provincial, municipal projects and policy initiatives

Most B.C. businesses say they fear becoming insolvent, or being unable financially to restart

Property owners who want to appeal their assessments have been given more time because of the COVID-19 pandemic. The province’s Property Assessment Appeal Board is extending its deadline for . . .

Only five or six of the downtown shopping centre’s 99 retail and food-service tenants are still open

Some have been asked, or have volunteered, to provide shelter for essential workers and vulnerable people as occupancy rates plunge

Rush of spring-market transactions reported in early March was from pre-COVID-19 buying activity

Senior government officials, First Nations and business leaders to work on government’s economic response to the COVID-19 crisis

But co-working space providers are facing a “double-edged sword”

Tenants already due to leave recently purchased properties, where new owner intends to occupy the home, will still be evicted if notice was before March 30, says lawyer

Downturn-resilient companies are defined by speed and discipline in addressing problems, says McKinsey & Co

“Force majeure” get-out clause doesn’t automatically apply to real estate contracts during pandemic, even if you lose income and no longer want to buy

Two years and 35 units later, West Vancouver has once again approved a tower at 303 Marine Dr. In July 2018, council voted for a 26-storey, 141-unit development. The project, originally put . . .

Last week, pipeline and lumber companies were active, albeit with some curtailments

New Gold and Centerra projects received government approvals and First Nations support ahead of virus pandemic

They’ve taken extra precautions but otherwise it is business as usual for a large-scale greenhouse operation that made the switch to cannabis. Before the legalization of cannabis a couple of . . .

As much of the province grapples with working from home during the pandemic, B.C.’s farming industry is facing the monumental task of bringing in around 10,000 seasonal workers from overseas. . . .

“This is wide open to potential abuse,” says landlord association, as tenant advocate publicly wonders if it makes sense to pay rent

Updated plan includes establishing a Provincial Supply Chain Coordination Unit to co-ordinate goods and services distribution

One brokerage says high demand will win the day, while another predicts global disruption of supply chains

Rent supplement will be paid directly to landlords, in cases where tenants are struggling to pay rent due to income lost through virus crisis

Tight vacancy rate and soaring land prices has developer adding height to meet demand

Stoppage called “inevitable” despite provincial assurances that building can go on for now

B.C. government has legalized online and phone cannabis orders amid COVID-19

Few construction contracts include specific provisions for site shutdowns caused by a pandemic

Fears of COVID-19 require deft work on hands-on projects but planning and consultation continues