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Real Estate

Sale ordered for Richmond luxury hotel in $80M debt

Sale ordered for Richmond luxury hotel in $80M debt

The 100-room Versante Hotel is being listed for $98 million in a court-ordered sale.
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Potential park or resale: Burnaby eyes options for scrapped film studio land

Potential park or resale: Burnaby eyes options for scrapped film studio land

Larco Investments forfeits $20 million in failed Burnaby land deal.
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Opinion: Higher density living is changing the way neighbouring works in Canada

Opinion: Higher density living is changing the way neighbouring works in Canada

Before we draw conclusions about the implications of social isolation, we should check our expectations of how, when and why neighbouring does or does not happen.
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B.C. construction sector seeks support as workers shortage, late payments persist

B.C. construction sector seeks support as workers shortage, late payments persist

VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.
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In federal budget, Ottawa looks to Canada Post land for building housing supply

In federal budget, Ottawa looks to Canada Post land for building housing supply

OTTAWA — The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country's housing market.
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Housing starts down seven per cent in March from February: CMHC

Housing starts down seven per cent in March from February: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
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B.C. experts urge more budget spending to tackle housing crisis

B.C. experts urge more budget spending to tackle housing crisis

Funding attached to the Canada Rental Protection Fund and infrastructure fund is not enough, says B.C. housing minister.
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12K homes, 15 towers planned to kick off massive Metrotown mall redevelopment

12K homes, 15 towers planned to kick off massive Metrotown mall redevelopment

The new Metropolis at Metrotown master plan proposes new parks and parklets, mobility hubs, new streets and more.
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B.C. home sales slide almost 10 per cent in March despite mortgage rate drop

B.C. home sales slide almost 10 per cent in March despite mortgage rate drop

The B.C. Real Estate Association says the province saw 6,460 residential unit sales in the Multiple Listing Service systems last month, a 9.5-per-cent decline from March 2023.
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Comment: B.C. needs legislation that requires construction payments to be prompt

Comment: B.C. needs legislation that requires construction payments to be prompt

Why should anyone have to wait to be paid for completed work?
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