The Canadian government and the Nova Scotia towns of New Glasgow, Pictou and Westville announced the fast tracking for the creation of more 190 homes over the next three years. The agreements under the Housing Accelerator Fund, will provide nearly $5.6 million to the...
The telecommunications company BT Group has announced the sale of its London landmark BT Tower to MCR Hotels for $346 million, with the new owner planning to transform the structure into a hotel. Located in the Fitzrovia district of Central London, the 620-foot-tall...
Raymond James Ltd., the Canadian arm of investment dealer Raymond James Financial Inc., has announced Robert Sutherland joined its equity capital markets team as managing director and head of real estate. Sutherland will oversee and lead the real estate sector for the...
The Toronto City Council voted to approve a 9.5% residential property tax hike, the largest of its kind in more than 25 years. According to a CBC report, the vote during a special budget meeting on Wednesday was based on the rate proposed by Mayor Olivia Chow. The...
Home sales activity recorded over Canadian MLS Systems in January was up by 3.7% from the previous month, according to the latest data from the Canadian Real Estate Association (CREA). The actual (not seasonally adjusted) monthly activity came in 22% above January...
Mantella Corp., a Toronto-headquartered real estate and land development company, has hired Abhi Goel as a director of finance. Goel will be the lead within Mantella’s finance and accounting group, reporting directly to President and Chief Financial Officer Craig...
New York State’s Housing Inventory Expands, But Sales Remain Down
