Real Estate

A damning report by the monitor overseeing the League group of companies’ restructuring efforts cites inexperienced, inept management and the poorly executed Capital City Centre in Colwood as the reasons for the death of Victoria-based League.

Lured by the tightest United States rental market in six years, Canadian real estate investment trusts (REITs) are charging into what is seen as bargain-priced rental apartment market south of the border.

Montreal-based forest manufacturer Tembec (TSX:TMB) has closed the sale of approximately 17,700 hectares of forestland in the East Kootenays to Vancouver and Nanaimo-based Jemi Fibre Corp. (TSX-V:JFI).

Parents helping young buyers snatch up properties all over Fraser Valley

Pure Industrial REIT has agreed to buy 11 U.S. properties for US$235 million, the Vancouver-based industrial real estate investment trust announced after markets closed on June 19.

Walking into Brassneck Brewery or 33 Acres Brewing in Vancouver’s Mount Pleasant neighbourhood is a daunting prospect on a Friday night.

A Metro Vancouver residential property purchase can reveal some ugly surprises, from marijuana grow-op and meth lab damage to old oil tanks, aboriginal middens or a heritage designation, all of which can prove costly to the buyer.

British Columbia’s recreational real estate market is heating up this spring, with investors beginning to elbow out retirees in some prime vacation areas, according to the 2014 Royal LePage Recreation Property Report.

The Nature Trust of British Columbia has paid an Okanagan landowner $50,000 per acre for 30.4-aces (12.3 hectare) of brush land in the southern Okanagan, a price that local real estate professionals say is a hefty premium.

B.C. home sales jumped 13.9% in May compared with the same period a year before — the biggest increase in numbers for the month since before the 2008 recession.