The European Central Bank has cut interest rates for the second consecutive month and for the third time this year. This is also the first time in 13 years that the ECB enacted back-to-back rate cuts. The ECB’s Governing Council lowered its three key interest rates by...
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...
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...
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 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...
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...
