HOOPP Plans $300M Mississauga Business Park Development



Avision Young has announced that Healthcare of Ontario Pension Plan (HOOPP) acquired 33 acres of property in Airport Corporate Centre (ACC), a Canadian business park in Mississauga. In the $300-million-dollar development, HOOPP intends to develop the property into 1.1 millions square feet of office space and over 70,000 square feet of restaurant and service facilities. HOOPP plans […]

Real Estate Connect NYC 2012 Focuses on Innovation in Action



In January 2012, representatives from numerous tech companies will visit New York for the Real Estate Connect conference. The theme for this year is “Innovation in Action”. The annual conference brings together influential people from the worlds of real estate and technology.   Among the industry-leading thinkers and innovators featured this year are: Phil Libin, […]

U.S. Home Rentals on the Rise; Property Managers in Demand



There was a time when you could not even pay a real estate professional to go into the property management business. It was considered the “ugly” profession that only the toughest could endure. Lately, however, many of those once reluctant professionals have needed to toughen up and join the growing ranks of rental home property […]

Canada’s Real Estate Now More Affordable, Study Says



Homes in Canada became a bit more affordable in the third quarter of 2011, according to a new report by RBC. Most parts of Canada saw a decrease in housing costs, with Vancouver being the one exception. The index RBC uses calculates the affordability of housing at a given time. The lower the index, the […]

Foreign Investors Hold Most of City of London’s Real Estate



For the first time, non-British investors control the most real estate in London’s financial district. The City of London, or simply “the City” is the historic core of the greater London, England, and it also happens to be London’s financial center. According to a new report, 52% of the property in the financial district is […]

Ryan Homes Announces New Single-Family Homes in Davidson, NC



Ryan Homes has announced the building of new single-family homes at Summers Walk in Davidson, North Carolina. Summers Walk homes will start in the low $220’s and will be located in the small town of Davidson, about 20 miles north of Charlotte in northern Mecklenburg County. Homes at Summers Walk will feature as many as […]

iStar Plans to Open Miami Paramount Bay Luxury Condos Soon



Investment firm iStar Financial hopes to finally open the troubled downtown Miami condo tower Paramount Bay this year, adding ST Residential to the property’s title.  The 47-story waterfront tower is difficult to miss, but it has remained vacant and unfinished for nearly six years.   When Royal Palm Miami Holdings began construction in 2005, there […]

Certified Green Real Estate Agents Help Save the World



Being a green real estate agent is more than just a self-declaration.  According to Metro, green brokers need to be certified.  With their expertise in ecological matters, they help buyers and renters make environmentally conscious choices when shopping for the perfect home. With a green real estate agent guiding you through the murky waters of […]

Israeli Firm to Invest $500m in Indian Real Estate



An Israeli company called Elbit Imaging plans to invest no less than $500 million in real estate development projects in India.  The developer, along with its subsidiary Plaza Centers NV, intends to create a diversified portfolio in India with office, residential, and retail real estate. In India the joint venture will be called Elbit India […]

TIAA-CREF to Invest $1.09 Billion in 4 CBL Shopping Malls



Today, institutional real estate investor TIAA-CREF announced a $1.09 billion join venture with CBL to invest in four shopping malls. The shopping malls are Oak Park Mall in Kansas City, KS, CoolSprings Galleria in Nashville, TN, County Center in St. Louis, MO, and Pearland Town Center in Pearland, TX. According to Stephen Lebovitz, president and […]