Thursday, May 21, 2020
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Multifamily Apartments

Starlight adds two apartment blocks Oswego & Michigan to its portfolio

250 Oswego (right) and 283 Michigan (left). Acquired in November 2019 by Starlight Investments. Starlight Investments, a privately held...

110 rental units acquired via portfolio sale by Headwater Projects of Vancouver

Headwater Projects, a Vancouver based multi-family investment group has recently acquired four multifamily rental apartment buildings in...

4 Esquimalt Apartment Buildings sold to Vancouver based Belmont Properties.

Gary Averbach and Robert Golden of Belmont Properties are listed as directors of the holding company who recently purchased approximately $38,000,000 worth...

1.3 acre Speed & Frances residential tower land trades hands

A land assembly across from Mayfair Mall has been sold to a local Victoria developer, Geric Construction. The 8 parcel assembly encompasses approximately 57,600...

Wille Portfolio Sale of 3 Apartment Buildings

Vera Eleanora Wille (1926-2017) and her husband Frank Wille (1925-2004) immigrated to Canada in 1953 from Germany, and established a successful car dealership business...

11 rental unit rezone and DP proposal across from Hillside Mall on a single family lot

Cam Pringle of Cadillac Properties is proposing an 11 unit multifamily building on a 55x125’ lot at 2732 Doncaster directly across from Thrifty’s at...

83 rental apartments + 4 rental townhomes at Quadra & Southgate

Analogue Projects, a related company to Surfside Holdings has been approved for a six-storey 83 unit rental apartment building and 4 rental townhouse units...

56 unit multifamily proposed for north side of Hillside Mall

Abstract Developments has submitted a re-zoning application to the District of Saanich to permit a 56 unit strata condo building. Abstract's 62 unit building sites...

Headwater Projects assembles two multifamily sites in Fairfield

Headwater Projects, a Vancouver based multi-family investment group has recently acquired two neighbouring buildings in the coveted Fairfield neighbourhood. Civic Address Lot Size (sqft) # Units Purchase Price 1009 Fairfield Road 10,797 18 $3,075,000 575...

Greater Victoria Multifamily Update 2017

With so much activity ($127M) in the multi-family sector in 2016, it is no doubt that investors will continue to flock to this asset class...

Must Read

Gorge @ Tillicum – 53 unit development proposal

pending development application in the Tillicum Gorge neighbourhood

Comfort Inn 3020 Blanshard sold to province

Cornell Developments Ltd has sold the land, building, and business at 3020 Blanshard Street to the Province of British Columbia.

April Residential Real Estate Update – VREB

Victoria Spring market far from the usual as real estate continues to react to pandemic MonthAprAprYear20202019Net Unconditional Sales:287696New Listings:6671,392Active Listings:2,3052,751

251 unit condominium project proposed along Glanford Ave near Royal Oak

Mike Geric Construction on behalf of the land owner Diego Trozzo has submmited a rezoning application to the District of Saanich for...

Canada Emergency Commercial Rent Relief (CECRA)

Rent relief program overview for Victoria Commercial Landlords and Tenants (CECRA).