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Green Street Acquires Britain’s Local Data Company

Green Street Acquires Britain’s Local Data Company

by Phil Hall | Nov 1, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Green Street, a provider of commercial real estate intelligence and analytics in the U.S. and Europe, has acquired Local Data Company (LDC), a London-based provider of proprietary data and insights on Great Britain’s retail and leisure market. LDC is the only company...
CMHC Chief Romy Bowers Leaving for IMF Position

CMHC Chief Romy Bowers Leaving for IMF Position

by Phil Hall | Oct 30, 2023 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Romy Bowers has announced her decision to step down as president and CEO of the Canada Mortgage and Housing Corporation (CMHC) in December  for the International Monetary Fund (IMF), where she will take on the role of director of the Office of Risk Management. Bowers...
Corcoran Group Launches First Canadian Franchise

Corcoran Group Launches First Canadian Franchise

by Phil Hall | Oct 27, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City-headquartered Corcoran Group LLC has announced its first Canadian franchise with the launch of Corcoran Horizon Realty. Owned and led by CEO Cliff Rego, the brokerage will serve clients in the greater Toronto area and throughout the entire Ontario...
Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario

Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario

by Phil Hall | Oct 24, 2023 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Equiton Residential Income Fund Trust, a Canadian private equity firm, has completed its $21.5 million acquisition of Scenic Tower, a multifamily property in London, Ontario. The nine-story Scenic Tower has 115 units, and 148 combined outdoor and underground...
How Will Another Rate Hike Impact Canadian Mortgage Holders?

How Will Another Rate Hike Impact Canadian Mortgage Holders?

by Phil Hall | Oct 20, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

More than one-third of Canadians with a mortgage will have to make changes to their financial situation — including housing and employment – if the Bank of Canada enacts another rate hike, according to a survey from the personal finance site WealthRocket. The survey...
Canadian Home Starts Up in September

Canadian Home Starts Up in September

by Phil Hall | Oct 18, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The trend in Canadian housing starts totaled 254,006 units in September, up 3.9% from 244,511 units in August, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the monthly seasonally adjusted annual rate...
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