International News
$17.2 Million Listing for Penthouse Sets Record in Uruguay
Edgardo Defortuna, CEO at Fortune International, who is leading sales for the project, observed, “This is a trophy property within a landmark development that introduces a level of design, hospitality and service that Punta del Este has never experienced before.” Continue Reading $17.2 Million Listing for Penthouse Sets Record in Uruguay
British Real Estate Investor Seeks to Restore Closed UK Churches
Samuel Leeds stated that he made a £250,000 offer to purchase the former Darlaston Methodist Church in Wednesbury, England. Continue Reading British Real Estate Investor Seeks to Restore Closed UK Churches
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Lennard Commercial Realty Opens Vancouver Office
The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder. Continue Reading Lennard Commercial Realty Opens Vancouver Office
Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
“The idea that renters are young, mobile, and just passing through no longer holds true,” says Viler Lika, founder and CEO of SingleKey. Continue Reading Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
Corcoran Atlantic Opens First Office in Portugal
“Portugal is not just a beautiful place to live, it’s a smart place to invest,” said Pamela Liebman, president and CEO of The Corcoran Group. Continue Reading Corcoran Atlantic Opens First Office in Portugal
Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
Trump Organization to Develop Luxury Hotel Resort in Maldives
The resort is set to open by the end of 2028. Continue Reading Trump Organization to Develop Luxury Hotel Resort in Maldives
Former Calgary Office Building to Become 204-Unit Rental Housing Development
“Calgarians urgently need continued investment in housing,” said Mayor Jeromy Farkas. Continue Reading Former Calgary Office Building to Become 204-Unit Rental Housing Development
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