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Korea Unveils Steps to Speed Up Real Estate Debt Restructuring

Posted on November 28, 2023August 25, 2023 by padk

(Bloomberg) — South Korea is taking steps to accelerate the restructuring of troubled real estate projects involving project financing, to prevent another debt crisis after last year’s turmoil.

A group of about 3,000 financial companies involved in project financing signed

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For affordable housing, it takes a team – Greeley Tribune

Posted on November 27, 2023August 25, 2023 by padk

FORT COLLINS — Making housing more affordable takes a team approach, panelists agreed Wednesday at BizWest’s 2023 Northern Colorado Real Estate Summit Wednesday.

“The problem of affordable housing is very solvable in Northern Colorado, but you can’t do it yourself,”

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P.E.I.’s home real estate market moderating, but still tight

Posted on November 15, 2023August 25, 2023 by padk

Home shoppers on P.E.I. have had more to choose from this year but the market still favours sellers, according to the latest figures from the P.E.I. Real Estate Association.

After three years of rapidly increasing prices, the average price for

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Here’s how much home you could buy in 8 Canadian cities — if you had a million dollars

Posted on November 2, 2023August 25, 2023 by padk

The first thing Canadian alt rock legends the Barenaked Ladies sang that they’d do if they had a million dollars back in 1988 was buy a house — but how much house could they actually get these days in a

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Frenzy to buy vacation properties across Canada eases amid rising rates, economic uncertainty

Posted on October 25, 2023August 25, 2023 by padk

Many of those who already own a cottage, cabin or waterfront home are not rushing to part with them, so supply remains tight.Royal LePage Atlantic

Relaxing on a dock is an even more laid-back

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Jim Pattison’s former West Van home for sale for $1. Conditions apply

Posted on June 17, 2023 by padk

The District of West Vancouver is hoping to sell a beachfront home in Ambleside for as little as $1, but the purchaser must relocate it

Published June 11, 2023 • Last updated

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Commercial real estate poses risks to US banks

Posted on June 8, 2023 by padk

jamie dimon — JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington.Jeena Moon/Reuters

JPMorgan CEO Jamie Dimon warned commercial-real estate loans could cause problems for US banks.
“There’s always an off-side,” he

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Breanne Cote elected BC Northern Real Estate Board chair

Posted on May 15, 2023 by padk

The BC Northern Real Estate Board has a new chair.

Breanne Cote was elected to the position for 2023-24 during the BCNREB’s annual general meeting.

Based at Royal LePage Aspire Realty in Prince George, Cote has been a real estate

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Green New Deal Boosts Appeal of New Build Investments

Posted on May 6, 2023 by padk

Investing in new-build property has traditionally been a popular form of property investment due to the range of benefits it can offer – this has seen many investors purchase off-plan (before the house is completed) as a means of maximizing

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Silk Road Real Estate Issues 3 years US$ 20 million Bond

Posted on May 1, 2023 by padk

Published: Apr. 25, 2023 at 9:15 AM MDT

TBILISI, Georgia, April 25, 2023 /PRNewswire/ — Silk Road Real Estate, a leading Georgian real estate management company, has today issued a US$ 20 million bond – the first of

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