Thind Eclipse Brentwood Owing $189M, Placed Under Creditor Protection
08 Jan

Thind Eclipse Brentwood Owing $189M, Placed Under Creditor Protection

Real Estate
STOREYS [Editor's Note: The headline of this article was updated on January 8 to reflect that KingSett's application was approved on January 8.] Toronto-based KingSett Capital, the lender who initiated receivership proceedings against three projects by Burnaby-based real estate developer Thind Properties, has initiated creditor protection proceedings against a fourth project by Thind, according to filings in the Supreme Court of British Columbia. Over the past decade, Thind Properties has been developing four towers across a large site immediately south of The Amazing Brentwood in Burnaby, near Still Creek Drive. Those towers include the Lumina Waterfall at 2311 Beta Avenue,…
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BREAKING NEWS: Re/Max president, Amy Lessinger, resigns
08 Jan

BREAKING NEWS: Re/Max president, Amy Lessinger, resigns

Real Estate
REM Today, Re/Max announced its company president, Amy Lessinger, has resigned. Her last day will be Friday, January 17, 2025. Lessinger has been in the role since February 2024. In a note to Re/Max affiliates, Erik Carlson, CEO of Re/Max Holdings Inc., said the company has initiated a search for its next president and that it appreciates Lessinger’s efforts during her time, along with her contributions in previous roles.   Enjoying this article? Get the latest REM articles in your inbox 3x week so you stay up to date on the latest in the Canadian real estate industry Success! Email…
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House of the Week: $4.7 million for a handsome Edwardian south of St. Clair with a TV in the shower
08 Jan

House of the Week: $4.7 million for a handsome Edwardian south of St. Clair with a TV in the shower

Promoted
Real Estate – Toronto Life Neighbourhood: Casa Loma Price: $4,785,000 Size: 2,800 square feet Bedrooms: 4+1 Bathrooms: 5+1 Parking spot: 1 Real estate agent: Deb Bennett, Keller Williams Advantage Realty The Place A four-plus-one-bedroom, five-plus-one-bathroom detached just off Yonge with a licensed parking spot, a finished basement and a deep, leafy backyard. It's within walking distance of St. Clair station, the Rosehill Reservoir (which is the largest green space in midtown), several more parks and many shops in all directions. And motorists are a short drive from both Vaughan Road and the DVP. The History This home was built in…
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What’s Going On With Capital Gains Tax? An Expert Explains
08 Jan

What’s Going On With Capital Gains Tax? An Expert Explains

Editor's Picks, Invest
STOREYS After it was initially believed the Liberal's capital gains tax increase would leave Parliament along with Trudeau after failing to be officially signed into law before the Prime Minister's resignation and prorogue of Parliament, a press release from the Canada Revenue Agency (CRA) is now saying otherwise. Early Tuesday, the CRA announced that "Although [the capital gains tax] changes are subject to parliamentary approval, consistent with standard practice, the CRA is administering the changes to the capital gains inclusion rate effective June 25, 2024." This means that any capital gains realized since June 25, 2024, would be subject to…
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Marketing Strategies for Introverts to Attract Clients Effectively
08 Jan

Marketing Strategies for Introverts to Attract Clients Effectively

Marketing and Sales
Introverts possess valuable qualities like being great listeners, but marketing their services can be challenging. Traditional methods like public speaking and social media can feel uncomfortable. However, introverts can thrive using strategies that align with their personality, such as blogging and podcasting. Writing allows for control and comfort, while podcasting offers flexibility in recording. Both methods can effectively attract qualified leads by enhancing online visibility and authority, making them ideal for introverted marketers.  ------------------------------------- ​ As an introvert, you have many valuable qualities, like being an excellent listener and being very present with the person in front of you, making…
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What’s Going On With Capital Gains Changes? An Expert Explains
08 Jan

What’s Going On With Capital Gains Changes? An Expert Explains

Real Estate
STOREYS After it was initially believed the Liberal's capital gains tax increase would leave Parliament along with Trudeau after failing to be officially signed into law before the Prime Minister's resignation and prorogue of Parliament until March 24, a press release from the Canada Revenue Agency (CRA) is now saying otherwise. Early Tuesday, the CRA announced that "Although [the capital gains tax] changes are subject to parliamentary approval, consistent with standard practice, the CRA is administering the changes to the capital gains inclusion rate effective June 25, 2024." This means that any capital gains realized since June 25, 2024, would…
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Workplace Trends 2025: Attracting Talent and Elevating Employee Experiences
08 Jan

Workplace Trends 2025: Attracting Talent and Elevating Employee Experiences

Staffing & HR
The workplace revolution, influenced by AI, is set to culminate in 2025. Despite advancements, many American workers are unhappy, leading to the "Great Detachment," where detachment affects productivity and talent retention. In 2025, HR functions will consolidate, with generative AI streamlining hiring processes. Small businesses may attract talent from larger firms by offering flexibility and growth opportunities, but they must adopt creative recruitment strategies, as many still rely on traditional methods.  --------------------------------------- Last year, we noted a “ workplace revolution” was probably on the way. While 2024 experienced much of that revolution, the culmination will likely be in 2025. AI…
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Happy New Year + a look back at 2024
08 Jan

Happy New Year + a look back at 2024

Seattle Market
Blog - Urban Living three clients put homes under contract – a condo at Spire, a townhome in Eastlake, and a new home in Kirkland. We also listed a house in Eastlake yesterday, and it has been busy and will likely be pending tomorrow. We know it is still early, but 2025 feels like it will be busier than […] The post Happy New Year + a look back at 2024 appeared first on Urban Living.   ​Read More
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Where Marcon EVP Nic Paolella Hopes To Take The Company
08 Jan

Where Marcon EVP Nic Paolella Hopes To Take The Company

Real Estate
STOREYS When Nic Paolella registered for a third-year real-estate course at the University of British Columbia more than a decade ago, his professor quickly realized that he was not your average neophyte student trying to get a handle on this whole property-development thing. Paolella had grown up in the business after his father, Marco, while waiting to get into welding school in the mid-1980s, found himself starting a construction business out in what was then the relative wilderness of the Fraser Valley. That company, Marcon, had grown well beyond the valley by the time Nic started university. “I remember Nic.…
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