Downtown Vancouver's Bentall Centre sold to Blackstone Group for undisclosed price
Posted on Mar 29, 2019
Vancouver's Bentall Centre property has been sold from China's Anbang Insurance Group to an American joint venture including private equity giant Blackstone Group.
Right now, there is a New-York based private equity giant and also a Los Angeles-based company who are both teaming up to buy downtown Vancouver's Bentall Centre, from China's Anbang Insu...
A star investor in 'The Big Short' is betting against Canadian banks
Posted on Mar 22, 2019
Steve Eisman, who is the hedge-fund manager famous for betting against the US housing market ahead of the 2008 crash, is sounding the alarm on the Canadian market.
"I'm calling for a simple normalization of credit that hasn't happened in 20 years," Eisman said in an interview with the Financial Times. He did not indicate the size of his positions or...
Why are hundreds of luxury Vancouver mansions being rented for cheap?
Posted on Mar 12, 2019
- We all are aware that in Vancouver there are very high real estate prices which make ownership impossible for many people, yet suddenly, it's not too difficult to live like a king.
A week ago, author and housing advocate Kishone Roy found approximately 800 Vancouver-area mansions for rent on Craigslist for prices well below what they would normally...
Douglas Todd: Is B.C. immigration program a back door for millionaire house buyers?
Posted on Mar 01, 2019
We are now at a point that thousands of people who came to Metro Vancouver through a provincial immigration scheme have bought expensive houses?
A report from Statistics Canada shows that 2,370 people who recently arrived in A Statistics Canada report shows 2,370 people who recently arrived in B.C. through a provincial immigration program have bough...