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Report: Sandals Resorts Exploring Potential Sale of Company

Report: Sandals Resorts Exploring Potential Sale of Company

by Phil Hall | Mar 19, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Caribbean-focused lodging and hospitality company Sandals Resorts International has restarted efforts to sell itself, according to a Wall Street Journal report sourced from unnamed “people familiar with the matter.” The Jamaican-headquartered company is reportedly...
Sotheby’s International Realty Opens First Philippines Office

Sotheby’s International Realty Opens First Philippines Office

by Phil Hall | Mar 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty announced the launch of its 18th Asian office with the opening of its first location in the Philippines. The new Philippines Sotheby’s International Realty is headquartered in Makati, the nation’s financial and commercial hub...
Canadian Housing Starts Declined in February

Canadian Housing Starts Declined in February

by Phil Hall | Mar 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The total monthly seasonally adjusted annual rate (SAAR) of housing starts for Canada was 229,030 units in February, a 4% decline from January’s 239,322 units. The Canada Mortgage and Housing Corporation reports actual housing starts were down 17% year-over-year in...
Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns

Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns

by Phil Hall | Mar 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada were down sharply during February, a decline that was attributed to apprehension over the tariff war with the Trump administration. Sales activity recorded over Canadian MLS Systems plummeted by 9.8% from January to February, according to data...
KV Debuts New Fund Focused on Western Canadian Real Estate Market

KV Debuts New Fund Focused on Western Canadian Real Estate Market

by Phil Hall | Mar 17, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Edmonton, Alberta-based KV Capital has launched KV Building Products Access Fund LP, a closed-end fund that will enable accredited Canadian investors to invest alongside KV and its institutional partners in the firm’s Building Products Strategy. The fund focused on...
5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker

5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker

by Phil Hall | Mar 17, 2025 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The British Columbia Financial Services Authority (BCFSA) issued five consent orders to individuals who committed professional misconduct by engaging in business with an unregistered mortgage broker named Jay Kanth Chaudhary. BFCSA conducted a multi-year investigation...
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