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News
Downtown Victoria Wintergarden Hotel Site Under Receivership Sold For $8.8M
3+ day, 2+ hour ago (572+ words) Just a bit over half a year since it was placed under receivership, the site of the planned Wintergarden Hotel in downtown Victoria has found a buyer, according to filings in the Supreme Court of British Columbia. The subject site…...
Foreclosed iFortune Homes Royal Oak Site In Burnaby Sold For $8.5M
4+ day, 6+ hour ago (346+ words) A development site in the Royal Oak neighbourhood of Burnaby that has been under foreclosure for over two years was finally sold last week, according to filings in the Supreme Court of British Columbia obtained by The Realist. The subject…...
All CURV Presales Terminated While Receiver And Developer Butt Heads
5+ day, 5+ hour ago (540+ words) After over a year, the court-appointed Receiver for Brivia Group’s CURV project in Vancouver has finally published its first report, providing an update on the receivership proceeding that began on July 25, 2025. At 1075 Nelson Street in the West End of Vancouver,…...
Vancouver Real Estate Rundown: Aug 24 - Sept 7, 2026
5+ day, 11+ hour ago (539+ words) [This Rundown is delivered to over 1,900 real estate professionals weekly. Interested in having your branding displayed here as a presenting sponsor? Email: [email protected].] Throughout August I’ve been publishing standing inventory data. To cap off the series (for now), last week…...
Insolvent Broadway Duet Project By Minglian Group Sold For Over $20M To RBI Group
1+ week, 6+ day ago (353+ words) Duet, a mid-rise mixed-use project in Vancouver that is under construction, has changed hands as part of a court-ordered sale, according to filings in the Supreme Court of British Columbia. The subject site is 2511 Spruce Street, a square corner site…...
Manulife Buys North Vancouver Townhouse Complex From KingSett-Starlight For $48M
2+ week, 6+ day ago (463+ words) Toronto-based Manulife Financial (TSX: MFC) has acquired another multi-family property in Metro Vancouver, acquiring a large rental townhouse community in North Vancouver a few weeks ago. The townhouse community is known as Twin Lakes and is located at 3701 Princess Avenue…...
Vancouver Real Estate Rundown: Aug 10 - Aug 23, 2026
2+ week, 6+ day ago (1274+ words) There was no Rundown last week, but the week before that The Globe and Mail published Part Two of my deep dive into the presale world in Metro Vancouver. Part One was about what’s happening with developers and purchasers — they’re…...
KingSett Takes Over 86 Unsold Units At Thind's Highline Metrotown Via Credit Bid
3+ week, 2+ day ago (414+ words) Howard Chai | Substack KingSett Takes Over 86 Unsold Units At Thind's Highline Metrotown Via Credit Bid The standing inventory at Thind's Highline Metrotown was placed under receivership in December 2024 and Anthem Properties has been marketing the units. Toronto-based private equity real…...
Standing Inventory Data By Developer And Building: Vancouver Island
3+ week, 3+ day ago (327+ words) The problem of completed unsold condos and how to deal with it has been a big topic of discussion in recent months since the Governments of Canada and British Columbia made a surprise announcement that they would be partnering on…...
Jameson’s 28-Storey Broadway & Birch Tower Under Creditor Protection Listed For Sale
3+ week, 5+ day ago (377+ words) A bit over three years after commencing construction, the high-rise tower at 2538 Birch Street in Vancouver, at the intersection with Broadway, has been completed and is now set to go through a court-ordered sales process, according to documents in the…...