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Apartment developers add glam touches

Builders are adding amenities and upgrading technology to bring in higher rents, make projects viable https://www.theglobeandmail.com/report-on-business/industry-news/property-report/property-report-luxuryapartments/article37686903/
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January 30, 2018
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Lougheed Village Sale Caps Historic Year For BC Multifamily

In BC’s largest single multifamily sale of 2015, Starlight Investments has acquired Burnaby’s Lougheed Village Apartments, a four-building apartment complex. CBRE SVP Lance Coulson takes us behind the deal.
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December 7, 2015
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Transforming Real Estate Into Real Advantage

  Congratulations to CBRE’s top advisors from 2015. Their insights, resources and connections deliver exceptional value and growth for clients – locally and globally.
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February 11, 2016
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Edward Chapman site sells for triple last year’s assessed value

West Pender Street site's sale shows strong demand for downtown Vancouver office space The sale of a downtown site for three times last year’s assessed value highlights the continuing strong demand for commercial real estate in Vancouver’s central business district. https://www.biv.com/article/2017/1/edward-chapman-sale-shows-strong-demand-downtown-o/
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January 22, 2017
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Condo owners cash out with $51 million project sale

Owners of a 114-unit condominium project in North Vancouver have become among the first in B.C. to secure court approval to sell their entire complex to a developer.  https://www.biv.com/article/2017/2/condo-owners-cash-out-51-million-project-sale/
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February 21, 2017
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Old condos eyed as lucrative new development option

British Columbia's old condominium and townhouse projects could be the new target for developers – potentially offering windfall profits for owners – following  a change to the provincial Strata Property Act.  The proposed change, which could come into effect by year’s end, would make it easier for strata owners to dissolve their strata corporation and sell the entire building. Under the change, 80% of strata owners, rather than the current unanimous vote, would be needed to dissolve the strata.
siteadministrator
October 20, 2015