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Canada Allocates $5 Million for Shared Equity Mortgages in Ontario

by Phil Hall | May 28, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Canadian government is allocating a $5 million repayable loan through the Shared Equity Mortgage Providers Fund to Ourboro Inc., which will fund shared equity mortgages for first-time homebuyers in the Greater Toronto Area and select communities across Ontario....
Toronto Home Sales Down Despite Spike in New Listings

Toronto Home Sales Down Despite Spike in New Listings

by Phil Hall | May 3, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Greater Toronto Area recorded 7,114 home sales during April, down 5% from last year, according to the Toronto Regional Real Estate Board (TRREB). This occurred while new listings were up 47.2% year-over-year. “Many homeowners are anticipating an increase in demand...
Madison Group to Build Master-Planned Community in Midtown Toronto

Madison Group to Build Master-Planned Community in Midtown Toronto

by Phil Hall | Apr 24, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Madison Group, the Toronto-headquartered real estate development company, announced its latest project will be a master-planned community in Toronto’s Midtown. The new project will encompass two individual properties, with two towers at 90-110 Eglinton Ave. East and...
National Bank of Canada Grants Green Loan to New Toronto Development

National Bank of Canada Grants Green Loan to New Toronto Development

by Phil Hall | Mar 20, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

National Bank of Canada (TSX: NA) has granted a green loan to Capital Developments for the construction of Olive Residences in Toronto. Located in Toronto’s North York neighborhood, Olive Residences is a new 29-story residential building with 350 condo units for...
Ted Welter Named Executive Chairman at Hazelview Investments

Ted Welter Named Executive Chairman at Hazelview Investments

by Phil Hall | Mar 12, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Hazelview Investments, a Toronto-headquartered investor, owner, and manager of global real estate investments, has named Ted Welter as the company’s executive chairman. Welter brings more than 35 years of experience to the new role, including expertise in...
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