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Real Estate

Two more towers up to 80 storeys tall, more rental housing could be coming to Burnaby’s Brentwood

Two more towers up to 80 storeys tall, more rental housing could be coming to Burnaby’s Brentwood

The city wants public feedback on proposed changes to the Brentwood Town Centre development plan.
Housing starts stable in 2023, but demand still outpaces growing supply of apartments

Housing starts stable in 2023, but demand still outpaces growing supply of apartments

Despite housing starts in Canada's six largest citieshovering at near all-time highs last year, experts warn those levels are still not enough to address the country's housing shortage in the years to come. The Canada Mortgage and Housing Corp.
Intracorp inks largest-ever financing deal with Grosvenor

Intracorp inks largest-ever financing deal with Grosvenor

Deal underscores the complexities of funding large-scale projects
Mortgage renewals, insurances costs put the squeeze on B.C. homeowners

Mortgage renewals, insurances costs put the squeeze on B.C. homeowners

'We cringe every time we do a renewal now'
Retail space remains scarce across Metro Vancouver

Retail space remains scarce across Metro Vancouver

Suburban retail vacancy is low, despite expansions at sites such as Amazing Brentwood, Richmond Centre.
B.C. Airbnb hosts generated $93M in taxes in 2023, claims Airbnb

B.C. Airbnb hosts generated $93M in taxes in 2023, claims Airbnb

The rental platform says new short-term rental restrictions could have negative implications on tax revenue.
B.C. real estate agent fined $55K, loses licence after assignment misconduct

B.C. real estate agent fined $55K, loses licence after assignment misconduct

Gina Takhar voluntarily surrendered her license in August 2020 but BCFSA pursued cancellation of the licence, plus a penalty.
Study says women well represented in commercial real estate. Insiders disagree

Study says women well represented in commercial real estate. Insiders disagree

Women account for nearly half of the workforce in Canadian commercial real estate firms.
Builders fined for more falling construction debris at major Burnaby development

Builders fined for more falling construction debris at major Burnaby development

WorkSafeBC has fined CapWest Forming Ltd. and A. Carrillo & Bros Concrete Ltd. for a shoring post and two pieces of plywood that fell from the 62nd level of tower 2 at the Gilmore Place development in Brentwood.
Vancouver top city in Canada for commercial real estate investment, says report

Vancouver top city in Canada for commercial real estate investment, says report

While sentiments towards investment are rosy, the dollar volume of transactions fell by nearly half in 2023