The real estate developer Groupe HD and the Quebec-focused investment fund Fondaction have broken ground on Laurea – Quartier d’ambition, a residential development in Montreal’s Olympic District sector. According to the companies, the project represents an...
Shelter Lending Corp., a Kelowna, British Columbia-based alternative mortgage lender, has acquired Accepted Financial Corp., a mortgage investment firm headquartered in Langley, British Columbia. The financial terms of the deal were not disclosed. Brad Currie,...
Warehouse One Clothing Ltd., the Canadian specialty fashion retailer, has begun store closing sales at all 128 locations of its Warehouse One and Bootlegger branded locations. On May 7, the financially struggling, Winnipeg-headquartered company announced that was...
Canadian housing starts totaled 279,317 in April, a 17% upswing compared to the 239,747 units recorded in March. According to data from the Canada Mortgage and Housing Corp. (CMHC), actual housing starts were down 1% year-over-year in centers with a population of...
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 11-15. Hit: A New...
Canadian home sales edged up 0.7% month-over-month during April but were 4% down from one year earlier. According to the Canadian Real Estate Association (CREA), new listings jumped 4.1% on a month-over-month basis in April while the national sales-to-new listings...