Real Estate
REMI Network
Historic Old Mill Toronto complex changes hands
Lark Hospitality has sold Old Mill Toronto to an asset and property management group directed by Etobicoke resident Frank De Luca.
CondoBusiness
Canadian home sales dipped from May to June
The number of Canadian home sales tracked through local MLS Systems dipped 0.8-per-cent month-over-month in June, says the Canadian Real Estate Association.
REMI Network
Stalled economic growth worries central bankers
Bank of Canada Governor Stephen Poloz suggests the economy is now on two distinct growth tracks, but acknowledges that hits in the resource sector ripple out to other industries.
CondoBusiness
Record number of GTA condo units rented in Q2
The number of GTA condo units rented through the MLS system during the second quarter of 2015 surged to a record-setting 8,200, reports Urbanation.
Canadian Property Management
New prestige office buildings capture market
Although longstanding landmarks in the Toronto, Montreal, Calgary and Vancouver skylines now command average rents 18 per cent higher than less iconic competition can muster, real estate analysts predict an emergent tenants' market will alter that picture.
CondoBusiness
Housing starts trended upward in June: CMHC
The Canada Mortgage and Housing Corporation (CMHC) reports that in June, the trend measure of Canadian housing starts rose to 183,959 units.
REMI Network
GTA home sales set new all-time high for June
The Toronto Real Estate Board (TREB) reported 11,992 sales through the Multiple Listing Service (MLS) system for June 2015, breaking records for the month.
CondoBusiness
Metro Vancouver saw record home sales in June
Last month was record-breaking for the Real Estate Board of Greater Vancouver (REBGV), which reported its highest sales ever for the month of June.
REMI Network
New scholarship rewards theoretical investment
A newly launched investment equivalent to moot court challenges competing student teams to manage a theoretical $1-billion real estate portfolio.
CondoBusiness
Ontario allows e-signatures on real estate docs
Effective July 1, 2015, electronic signatures are legally equivalent to signatures on paper documents in Ontario real estate transactions.
CondoBusiness
Adjustment likely in T.O. condo market: CIBC
A CIBC report predicts that subsiding rental demand and increasing condo supply will likely lead to an impending adjustment in Toronto's high-rise market.
Canadian Facility Management & Design
Show leadership in facility management
Facility managers can and should go beyond the ‘manage’ label in their title and provide leadership within their organization. An expert shares how.
CondoBusiness
May sees stronger Canadian home sales: CREA
May 2015 was the fourth consecutive month where Canadian home sales showed an increase over the previous month, says the Canadian Real Estate Association.
CondoBusiness
Metro Vancouver home sales up over last May
The Metro Vancouver market remained competitive in May, leading to upward pressure on home prices, especially in the detached home segment.
Construction Business
GTA home sales continue at record pace in June
Realtors have reported 5,661 GTA home sales through the Toronto Real Estate Board (TREB) MLS System between June 1 and 14.
Canadian Property Management
Sun Life to acquire Bentall Kennedy
Sun Life Financial significantly expands its asset management arm with the announced $560-million acquisition of Bentall Kennedy Group.
REMI Network
Canadian developer to build condos in Honduras
Now under construction, Calm Waters Resort is a new Honduras project featuring condos and villas from the Canadian-based IsleVision Investment Group.





