Laura Hanrahan

📍Toronto | Deputy Editor @storeyspub | [email protected]

[Laura Hanrahan @LauraHanrahan]

Court approval is being sought to have JLL market The One with a minimum bid price of $1.2 billion. Oh, and the receiver is looking to add in another 88 units. Check out the details in my latest for Green Street. https://t.co/fBQjavhj8F

[STOREYS @storeyspub]

Sam Mizrahi, the developer behind the embattled tower rising at the corner of Toronto's Yonge and Bloor known as The One, is being forced off of the project. We spoke directly with Mizrahi to get his take on what happened.

Click to read the full story.

https://t.co/b6xkU2IvPV

[STOREYS @storeyspub]

The primary lender on a luxury condo development built in a joint partnership between developer Sam Mizrahi and Edward Rogers is looking to have the project placed under receivership, alleging millions in unpaid loans.

Click to read the full story.

https://t.co/5jwDaoY2c5

[STOREYS @storeyspub]

In the next installment of our annual editorial Year End series, presented by Spark, we're examining our Ontario Real Estate Issue of the Year: the Greenbelt.

Click to read the full story.

@sparkresoftware | #realestate #realestatenews #Greenbelt

https://t.co/8xVKMAVQ8R

[STOREYS @storeyspub]

New legislation tabled by the Ontario government looks to give the Province more control over the real estate assets of several organizations, including the Ontario Science Centre and Public Health Ontario.

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https://t.co/OXnJH95i4r

[STOREYS @storeyspub]

To make sure their offerings get seen by a shrinking pool of potential buyers, residential builders have started to put more effort into advertising and promotions.

Click to read the full story.

#realestate #realestatenews #advertising

https://t.co/0TqksqYpB7

[STOREYS @storeyspub]

Apart from the seasonal pop-up shop, the property is best known for sitting eerily vacant the rest of the year, which begs the question: How can such a prime piece of real estate afford to sit there boarded up and unused?

Click to read the full story.

https://t.co/4gSO80q9DR

[Laura Hanrahan @LauraHanrahan]

STOREYS reached out to Mizrahi in late June of this year regarding rumoured financing issues, at which time Mizrahi denied any issues whatsoever.

[STOREYS @storeyspub]

One of the tallest skyscrapers coming to Canada is facing significant financial trouble as Mizrahi Developments' The One was placed under receivership.

Click to read the full story.

#realestate #realestatenews #receivership #developments

https://t.co/WoZkqvswzu

[STOREYS @storeyspub]

After a referral from the OPP in August, the RCMP is now investigating allegations associated with the Ontario government's decision to open the Greenbelt up for development.

#realestate #realestatenews #Ontario #Greenbelt #ONpoli

https://t.co/S2ydxd4NyT

[STOREYS @storeyspub]

A new report from the Integrity Commissioner details the questionable Greenbelt land selection process at the hands of Ryan Amato, and places substantial blame on Housing Minister Clark.

#realestate #realestatenews #Greenbelt #ONpoli #Ontario

https://t.co/QalWG5HBL1

[STOREYS @storeyspub]

Ford and Clark responded to questions about the Auditor General's Greenbelt report, confirming the staff member blamed for the selection process is still employed.

#realestate #realestatenews #Ontario #Greenbelt #ONpoli

https://t.co/bOj2tBfXXK

[STOREYS @storeyspub]

The Chief of Staff for #Ontario's Housing Minister heavily steered #Greenbelt land removal land selection in a way that was "not transparent, objective, or fully informed," and favoured certain developers.

#ONpoli #realestate #realestatenews

https://t.co/yh0c6OjHho

[STOREYS @storeyspub]

The site of one of Toronto’s most notorious murders has been quietly put back on the market under a new address.

#realestate #realestatenews #Toronto

https://t.co/H1Rt89PknY

[STOREYS @storeyspub]

Heading into today’s announcement, economists wavered on whether the bank would implement yet another rate hike, but for the second month in a row, the Bank of Canada has raised its rates by 0.25%.

#breaking #interestrates #economy #Canada

https://t.co/aS27003bjJ

[STOREYS @storeyspub]

In a tighter race than many anticipated, frontrunner Olivia Chow secured her first term as Toronto's mayor. Here's what to expect next, especially when it comes to housing.

@oliviachow | #realestatenews #housing #Toronto #TOpoli

https://t.co/mXMd04hi8R

[STOREYS @storeyspub]

The rate hike relief is officially over: the Bank of Canada has hiked its interest rate for the first time since January.

@bankofcanada | #realestatenews #finance #interestrates #mortgagerates #inflation

https://t.co/f3OFXhUIum

[STOREYS @storeyspub]

Where would you guess Succession's characters would live in Toronto? (We all know Kendall is Yorkville personified.)

#Succession #realestate #Toronto #luxury

https://t.co/I7yCtdaCcB

[STOREYS @storeyspub]

The slowing economy and rapidly increasing interest rates saw the GTA's commercial real estate investment drop by a staggering 50% compared to Q1 of last year.

@altusgroup | #realestate #GTA #commercialrealestate #investment

https://t.co/KYHWmHFmuf

[Laura Hanrahan @LauraHanrahan]

When asked why it was never communicated to members that Openn would ultimately be a paid service, Patrick Pichette, Vice President of https://t.co/oiyqxEy90X, told STOREYS, “We never communicated anything that it was a free service either.”
https://t.co/zLhOZ75NUJ

[STOREYS @storeyspub]

For the second consecutive time, the Bank of Canada has chosen to keep interest rate hikes paused. A number of experts are forecasting another hike this year, however.

@bankofcanada | #realestatenews #interestrates #finance #Canada #economy #inflation

https://t.co/BeEfbzhdzz