The Bank of England’s Monetary Policy Committee (MPC) voted 6–3 to maintain its Bank Rate at 5.25%. This marked the second consecutive MPC where the rate was not increased – the rate is at its highest level in 15 years. The three dissenting MPC members sought to...
Green Street, a provider of commercial real estate intelligence and analytics in the U.S. and Europe, has acquired Local Data Company (LDC), a London-based provider of proprietary data and insights on Great Britain’s retail and leisure market. LDC is the only company...
Romy Bowers has announced her decision to step down as president and CEO of the Canada Mortgage and Housing Corporation (CMHC) in December for the International Monetary Fund (IMF), where she will take on the role of director of the Office of Risk Management. Bowers...
New York City-headquartered Corcoran Group LLC has announced its first Canadian franchise with the launch of Corcoran Horizon Realty. Owned and led by CEO Cliff Rego, the brokerage will serve clients in the greater Toronto area and throughout the entire Ontario...
The Equiton Residential Income Fund Trust, a Canadian private equity firm, has completed its $21.5 million acquisition of Scenic Tower, a multifamily property in London, Ontario. The nine-story Scenic Tower has 115 units, and 148 combined outdoor and underground...
More than one-third of Canadians with a mortgage will have to make changes to their financial situation — including housing and employment – if the Bank of Canada enacts another rate hike, according to a survey from the personal finance site WealthRocket. The survey...
Hits and Misses for the Real Estate Week of March 23-27
