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Sienna Senior Living Acquires Four-Property Portfolio in Alberta

Sienna Senior Living Acquires Four-Property Portfolio in Alberta

by Phil Hall | Oct 17, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Markham, Ontario-headquartered Sienna Senior Living Inc. (TSX: SIA) has entered into an agreement to acquire a portfolio of four continuing care homes in Alberta for $181.6 million. The portfolio consists of Airdrie Care Community in Airdrie, Shasta Care Community in...
Canada Invests Nearly $71 Million into 207 Rental Units in Montreal

Canada Invests Nearly $71 Million into 207 Rental Units in Montreal

by Phil Hall | Oct 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government is investing nearly $71 million for the construction of 207 purpose-built rental units in Montreal. Funding for this endeavor will be provided as fully repayable, low-interest loans through the Apartment Construction Loan Program (ACLP), which...
Australian Real Estate Agent Reportedly Flees Nation After Stealing $230,000 from Company

Australian Real Estate Agent Reportedly Flees Nation After Stealing $230,000 from Company

by Phil Hall | Oct 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A real estate agent who owned a franchise of Australia’s Ray White brokerage has reportedly fled the country after being accused of stealing hundreds of thousands of dollars from her company and clients. According to combined media reports, Debra Lawry – who...
Coldwell Banker Expands Presence in Africa

Coldwell Banker Expands Presence in Africa

by Phil Hall | Oct 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Coldwell Banker Real Estate LLC, an Anywhere (NYSE: HOUS) brand, has expanded its’ international network with the new master franchise Coldwell Banker Tanzania and Zanzibar. The company noted Tanzania’s strategic position in East Africa and government...
New Ownership for Unfinished Ontario Condo Complex

New Ownership for Unfinished Ontario Condo Complex

by Phil Hall | Oct 14, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A mid-rise condominium project in Kitchener, Ontario, that was paused after it ran into financial problems has a new ownership team vowing to finish construction. The Canadian mortgage lender Dorr Capital Corporation, ELM Developments, and Gentai Capital Corporation...
Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects

Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects

by Phil Hall | Oct 14, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Winnipeg real estate agent had his license suspended and was fined for concealing the defects in a home prior to its sale and then lying to investigators about his actions. CBC News reported Mahmood Peyawary bought a home in the Westdale section of Winnipeg in March...
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