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Business notes: The Agency Real Estate opens up unique office in Duncan – Cowichan Valley Citizen

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The Agency, a new real estate firm in the Cowichan Valley, has opened its doors at its unique office at 725 Canada Ave. in Duncan.

The Agency has been in business since September, 2019, in Nanaimo, but the owners decided to switch operations to the Valley.

Co-owner Brian Danyliw said the new office isn’t the typical type of real estate office people are used to, with separate cubicles and a corporate ambience.

“We just finished major renovations here and created an open space that is as much about play as it is work,” he said.

“The real estate industry is known for being a cut-throat business, but we want to show that we can have fun and still do our jobs well. At The Agency, we’re all about collaboration and working together as a team.”

Danyliw said, as an essential service, The Agency is in operation during the COVID-19 crisis, but appointments are required and social distancing and other precautions are practised at the office.

•••

While the public faces empty grocery shelves and hears about farmers having to destroy their crops or dump their milk during the COVID-19 crisis, young agrarians like Derrick Pawlowski and Cammy Lockwood are finding solutions for distributing food in their community at the Cowichan Valley Co-operative Marketplace.

Having roots in farming themselves, and with their hearts in the fields and kitchens of the 80 active farmers and processors that make up the co-operative, they have turned to organizations like Community Evolution to help them navigate the challenges caused by the pandemic.

The Vancouver-based non-profit organization Community Evolution has an impressive five-year history of empowering co-operative, community-based enterprises to develop, grow and create positive change.

Lockwood, chairman of the CVCM, said Community Evolution’s technical support, facilitation and seed-funding are building capacity within the co-operative and helping it get to a point where it is not only able to fully sustain itself, but can truly emerge as a leader in the industry and share its knowledge with other communities.

“The demand has grown 10-fold since the start of the lockdown, and we’re just so grateful that we are able to use our platform to meet the needs of our producers and consumers,” Lockwood said.

“We are excited to do even more in the future.”

•••

During the COVID-19 crisis, dentists and health-care practitioners outside the hospital system play a pivotal role in supporting the health of our communities.

With dentists mandated by the College of Dental Surgeons of British Columbia to offer emergency services only during the pandemic, dentists are leveraging tele-dentistry to provide care whenever possible.

A press release from the Valley’s Warmland Dental is advising that it is open, answering calls, and providing in-person care when required.

“Anyone who is experiencing significant pain or other symptoms they think may be considered a dental emergency should call their own dentist as a first step,” the release said.

“It is a dentist’s obligation to ensure they are available for their patients. At our practice, the team will perform an assessment over the phone to screen patients against COVID-19 risk factors and determine if their symptoms constitute a true dental emergency.”

The release said that in cases where symptoms can be treated safely with medication, patients can be provided with a prescription over the phone, and patients needing immediate in-person care will be booked for an appointment.

It said that if a patient’s regular dentist is not available, they are welcome to contact Warmland Dental.

“Patients outside the Duncan area can connect with a dentist virtually through hellodent.com, where patients can have their urgent dental care needs addressed from the comfort and safety of their homes,” the release said.

•••

PropertyGuys.com, North America’s largest private home-sale network, has opened a new franchise in the Cowichan Valley.

Offering a private sale, flat-fee approach to real estate that puts the seller at the core of the transaction, PropertyGuys.com’s ever-expanding circle of franchises has helped more than 90,0000 homeowners from coast to coast take control of their real estate experience and save thousands of dollars.

New owners, Jim and Jocelyn Barnes, are excited about the opening of their first location and to help homeowners in the Cowichan Valley area discover the benefits of private sale.

“We’re in a unique position as franchisees,” said Jim.

“The reason we wanted to open this location is because we used PropertyGuys.com to sell our home in Cranbrook and we absolutely loved it. It was our dream to help others the same way we were helped.”

For more information, visit www.propertyguys.com.



robert.barron@cowichanvalleycitizen.com

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Inside LeBron James’s Sizable Real Estate Portfolio – Architectural Digest

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LeBron James has built quite the legacy for himself both on and off the court. The all-star athlete, who famously hails from Akron, Ohio, has invested quite a bit in his home state since he’s risen through the ranks of the NBA. In fact, though he’s relocated several times while playing for different teams, he’s always found a way to give back. “Akron, Ohio, is my home. I will always be here,” James said at the opening of his I Promise School in 2018. “I’m still working out at my old high school.” The NBA star, who currently plays for the Los Angeles Lakers, has also made his mark in other major cities throughout the U.S. Over the past two decades, James has amassed an impressive real estate portfolio that includes homes in Los Angeles and Miami, where he played for the Miami Heat for four seasons. Take a peek into his properties below.

2003

James wasted no time building his real estate portfolio shortly after the Cleveland Cavaliers selected him as the first overall pick in the 2003 NBA Draft. He reportedly paid $2.1 million for a Bath Township property just northwest of Akron and built a 30,000-square-foot mansion on the land in subsequent years, spending millions to make the house a home. He was just 18 at the time. Presently the property features six bedrooms, eight full and six half bathrooms, as well as a recording studio, a movie theater, an aquarium, a barbershop, a two-lane bowling alley, and a sports bar. The primary suite even features a two-story walk-in closet. James still owns the compound, and it’s now reportedly worth around $9.2 million.

2010

James sent shock waves through the sports world when he opted to leave the Cavaliers in 2010 to sign on with the Miami Heat as a free agent. He secured his living situation there shortly afterward, paying $9 million for a custom-built, three-story mansion in Coconut Grove, Florida, that November. The bachelor pad was prime for entertaining and featured an eight-seat home theater, a wine cellar, a backyard pool area with a multicolored LED lighting system, and a private waterside balcony off the primary suite. There was also a separate guest house situated atop a three-car garage and a dock that could accommodate two 60-foot boats. James listed the 12,178-square-foot mansion for $17 million in 2014 and it sold for $13.4 million the following year.

2015

By the time James went back to the Cavs, he was ready to expand his real estate reach to the west coast. He snapped up a 9,440-square-foot white brick and stone colonial mansion for $21 million that fall—his first of three L.A.-area abodes. The Brentwood place featured six bedrooms and eight bathrooms, with a double-height foyer, a wood-paneled office, a Calacatta marble kitchen, and a home gym. Outdoors there was an infinity-edge swimming pool that spanned nearly the width of the house, a handful of patios, and a basketball court next to a three-car garage. James listed the home for $20.5 million in early 2021 and ultimately sold it for a slight loss at $19.6 million that September.

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Chinese real estate developers accepting watermelons as payment: Heres why – Business Standard

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The deep recession in China’s property market has compelled real estate companies to float a bizarre marketing strategy to lure home buyers.

China’s have started accepting payments for homes in watermelons and other agricultural produce.

in Chinese third- and fourth-tier cities have launched various promotional campaigns recently, including encouraging home buyers to pay part of their down payment with wheat and garlic, in a bid to attract farmers to purchase newly built homes to offload excess housing inventory,” Global Times reported.

One developer in Nanjing said it would allow home buyers to pay for their homes using watermelon at a rate of 20 yuan per kilogram, as per Global Times.

The media outlet quoting a representative of the company said that the bizarre promotional event has been suspended after being ordered by the headquarters.

“We were told to delete all promotional posters on the social media platforms,” said the representative, noting that they may design other types of promotional activities.

A poster for the promotional event starting from June 28 to July 15, reads the property developer would allow home buyers to make a maximum payment of 5,000 kilograms of watermelon, valued at 100,000 yuan, noting the purpose of the promotion is to support local watermelon farmers.

The property market was one of the few cherished destinations for household savings. The developers and homebuyers were also willing to take loans from the banks but these good days for China ended last year.

The household debt touched over USD 10 trillion. And around 27 per cent of bank loans in China are tied to real estate, reported a think tank, Policy Research Group (POREG).

This industry was known to be the biggest job creator in China but now it is termed as “Lehman moment”, in comparison to the 2008 bankruptcy of Lehman Brothers, which was a trigger for the global financial crisis. More so, when the number of empty homes has crossed the 65 million mark (90 million according to some estimates) – enough to house the population of France, and raised the spectre of a global economy on crutches.

The housing market in China is now seen as ‘a national threat’ as prices rise sky-high, just like the buildings, according to Think Tank citing New York Times.

Developers borrowed money in the form of onshore and offshore bonds, trust loans, and wealth management products, in addition to bank loans. Thus, lenders span from institutions to the general people both at home and overseas.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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This Week's Top Stories: Canadian Real Estate Prices Are Falling, and Regulator Prepares – Better Dwelling – Better Dwelling

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This Week’s Top Stories: Canadian Real Estate Prices Are Falling, and Regulator Prepares – Better Dwelling  Better Dwelling



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