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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...
Morguard Breaks Ground on Rental Community in Mississauga

Morguard Breaks Ground on Rental Community in Mississauga

by Phil Hall | Oct 11, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate and property management company Morguard Corporation (TSX: MRC) has begun construction of as new purpose-built rental community in the Port Credit section of Mississauga, Ontario. The new development will encompass one nine-story and two eight-story...
Moscow’s Luxury Housing Market Sales Hits Record High

Moscow’s Luxury Housing Market Sales Hits Record High

by Phil Hall | Oct 9, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Moscow’s luxury housing market recorded a record-breaking $1.8 billion in sales during the first nine months of this year. According to a report from the Russian business news site Vedomosti citing data from the real estate firm NF Group, 1,270 luxury apartments were...
Ares Management Corporation to Acquire GCP International

Ares Management Corporation to Acquire GCP International

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
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