CALGARY – Two downtown properties near The Bow tower project, either owned or jointly-owned by Calgary energy giant Encana, are on the market for sale, the Herald has learned.
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Tag Archives: properties
County property inspection begins Tuesday
Assessors will be out and about beginning Tuesday updating information on properties in specific areas of the County of Grande Prairie.
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Eyeing a rental market play? Blackstone wants you
After investing close to $7 billion in rental properties, Blackstone is offering cash to smaller investors looking to get into the game.
Seven more properties up for possible demolition/rebuild
Seven additional properties are under consideration for inclusion in the program to demolish and rebuild homes beyond repair due to the flood.
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Does the math still work on buying rental properties?
CNBC’s Diana Olick has the update on how rising home prices are impacting the rental market.
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Red Deer considers tax rate increase
Red Deer city council will consider a 4.75 per cent tax rate increase for residential, multi-family and non-residential properties on Monday.
If the motion is approved, a homeowner would pay $57 more annually to $2,607 (from $2,550 in 2012) on their tax bill on a home assessed at $300,000.
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Highrise Proposed for Downtown Properties
Citizens are invited to a public meeting about a proposed rezoning of properties located at 10539-99 Avenue NW, 10523-99 Avenue NW, 10519-99 Avenue NW and 9835-106 Street NW.
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The U.S. Simply Doesn’t Have Enough Available Rental Housing, Whether You’re Rich or Poor
The Census Bureau says there are about 41 million renter households in the United States, a group making up about 35 percent of the country. And the renter ranks are expected to swell this decade as the housing demand of Baby Boomers and their children starts to converge. Twentysomethings who’ve been living at home during the recession will finally move out to form their own households. Many Baby Boomers, meanwhile, are expected to downsize into smaller rentals units where they won’t have to mow their own lawns.
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Calgary-based investment firm has sold all its Lethbridge properties
Calgary-based Mosaic Capital Corporation recently announce that its wholly-owned subsidiary First West Properties L.P. has sold two Lethbridge warehouses. These properties were the last remaining of three properties First West previously held in Lethbridge.
The Decade (1820 31 Street North) and Braman (2930 9 Avenue North) warehouses had a combined square footage over 187,000 square feet and were sold for nearly $15 million. Company representatives would not reveal who the buyer of the properties was.
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Municipality ready to seize downtown properties
After attempts to negotiate voluntary sale agreements with landowners in a chunk of the downtown area were unsuccessful, the Regional Municipality of Wood Buffalo’s city council gave unanimous approval Tuesday evening to begin the process of expropriating each of the properties.
The municipality has identified a handful of downtown properties that they will require in order to accommodate the construction of a new sports and entertainment complex, as well as some new road extensions to improve traffic.
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