ONE Development is a builder that also secures investor funds to help pay for fix-and-flip properties it purchases and, as a result, they receive preferred or common shares.
At the beginning of the year, no one really knew what would lie ahead for the real estate industry (or any industry for that matter) due to COVID-19. Even experts were stumped on what would happen to the Canadian housing market and what trends they would expect to see.
Several factors are expected to offset the headwinds resulting from the outbreak's impact on the economy, study shows
The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms
City calls for policies in place to help unemployed tenants
There was a surge of claims over the weekend according to a new report
With the virus outbreak only just beginning, more disruption is expected
Sales were strong before the COVID-19 outbreak
Conference Board of Canada sees recession both sides of the border
But Statistics Canada has reported a gain for the non-residential sector
The impact of job losses from the COVID-19 outbreak is happening now
The firm is suspending Zillow Offers in the US but will keep marketing inventory
Ontario Real Estate Association is urging the use of technology instead
A Singapore asset firm was due to acquire the fund's 50% stake in a London development
The commercial mortgage market could face decimation from COVID-19 outbreak
Just one major region reported lower sales according to the NAR
TREBB has published advice for Realtors to mitigate the risk
The real estate portal says searches are down almost 40% this month
New York-based REIT has filed a lawsuit against the bank
Canadian 'Big Six' bank says digital channels are a safer option
Five US real estate bodies have asked mayors and governors to include them in COVID-19 exemptions
The crown corporation says that it is financially prudent in the current circumstances
The new rental supplement will be paid directly to landlords
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