A sprawling real estate investment enterprise in Northern Ontario run by a former child actor has filed for creditor protection as it struggles to pay off debts of $144-million, largely from hundreds of individual private lenders including some who used
Category: Real Estate Online
Real estate receiverships on the rise in Canada as projects stall
From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.
Elevated interest rates, construction costs and delays, and a slower real estate market are all contributing
Trump lawyers said he is ‘a real estate genius’ in closing arguments of NY case
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Kitchener-Waterloo leads price fall in Canadian real estate: report
An analysis of 21 major Canadian housing markets reveals that only three areas avoided a price decline since the market peaked in June 2023
Alice Mason, Real Estate Fixer and Hostess to the Elite, Dies at 100
She was born Alice Christmas on Oct. 26, 1923, in Philadelphia “to a bourgeois family of color,” as she wrote in an unpublished memoir. Her father, Lawrence Duke Christmas, was a dentist; her mother, Alice (Meyers) Christmas, managed the household.
Jennifer Lopez’s Homes: Inside the Superstar’s Impressive Real Estate Portfolio
Jennifer Lopez’s homes are as wide-ranging as the multihyphenate’s many talents. Her portfolio currently encompasses properties located in hot spots like Bel Air, the Hamptons, and Miami. Most recently, she and husband Ben Affleck put down $60.9 million for an
Digging for deals in the winter real estate market
The four-bedroom house at 10164 Manor Drive, in the Fairfield Island area of Chilliwack, was listed for $899,000 but sold for $865,000 in just 12 days on Dec. 5.zealty.ca
If you’re looking for a
Industrial real estate remains tight
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Even though a record-breaking 16.3 million square feet of new industrial space was added to the Canadian market in the final quarter of 2023, demand continues to outpace supply, according to a new report.
The national availability rate
A wave of defaults has real estate lawyers urging presale buyers to be cautious
In 2021, Sudip Sehgall put down an $81,990 deposit on a yet-to-be-built townhouse in Surrey, B.C. While it was under construction, he occasionally visited the site to watch it grow.
The 52-year-old envisioned the deal taking him steps closer to