Real eState

CREW members chart successful new path with Scout Real Estate – Calgary Herald

Published

3 years ago

October 14, 2021

Author of the article:

David Parker • Calgary Herald

This year’s winner of the Commercial Real Estate Women Entrepreneurial Spirit Impact Award, Lori Suba, centre, founded Scout Real Estate in 2020 with associates Laurae Spindler, right, and Eve Renaud. Photo by Scout Real Estate /Postmedia Network

Commercial Real Estate Women (CREW) is an international networking organization that aims to elevate women in leadership roles in the industry.

A Calgary chapter was founded in 2005, and five years later Lori Suba became a member. The founder and president of Scout Real Estate was recently named the winner of this year’s CREW Entrepreneurial Spirit Impact Award, which was open to candidates across the organization’s more than 11,000 members in Canada, the U.S. and the U.K.

Suba is the first Canadian to be recognized with the award, offered to an individual willing to step outside the box to create something new or different.

During her membership of the 140-strong Calgary chapter, Suba has served on the board and was its president in 2019.

Armed with a BA degree from the University of Calgary and an executive MBA with a specialty in real estate leadership from the University of Fredericton, Suba began her career with a boutique firm and then joined the downtown office leasing team at CBRE.

With 18 years of commercial leasing experience, in 2020 — despite COVID — she launched Scout along with two associates, both keen members of CREW.

Laurae Spindler serves as its mentorship committee chair. Since the start of her real estate career in 2007, she has negotiated more than 450 lease and sale transactions. Her experience includes time as a leasing specialist with Shaw Communications and management positions specializing in industrial real estate with Dream and ONE Properties.

The third member of the team is retail specialist Eve Renaud, also a past president of CREW. While continuing to act as vice-president of Rencor Developments, Renaud brings to Scout 20 years of experience in the retail industry working for major landlords such as Cadillac Fairview, Ivanhoe Cambridge and 20 Vic Management, where she served as director of leasing for the CORE Shopping Centre.

The primary commercial real estate sectors of office, industrial and retail are well covered by the experience of the Scout team, and Suba says by sharing and collaborating on all business negotiations they can be of great value to clients with specialized requirements, as well as those with a mix of needs, being able to make quick, local decisions.

Scout has enjoyed a successful first year in business and continues to pick up new clients in all sectors.

Their diverse backgrounds and reputation earned in the local real estate community has helped the trio work closely with other brokers.

A good example is Renaud’s relationship with Talha Niazi of Barclay Street Real Estate, who has the responsibility of leasing the ground floor retail space in the Real Estate Council of Alberta mixed-use building on the northwest corner of 11 ^th Avenue and 14 ^th Street S.W.

Niazi has leased two of the three retail spots — to Compound Pharmacy and Papa Murphy’s Pizza. The third and largest space at 4,600 square feet has been leased to a brewer client of Renaud. Niazi and Renaud worked together to persuade the Calgary company of the benefits of locating in the new building, which will soon be surrounded by three under-construction residential towers as well as a couple more craft breweries that prefer to be located in a cluster.

Among Scout’s other retail listings are one in the upscale Britannia Plaza, the former White Spot stand-alone 6,000-square-foot building on 23 ^rd Street N.E., and out-of-town leases in Edgefield Place in Strathmore, Mountain Ridge Plaza in Cochrane and Deer Park Plaza in Red Deer.

The team’s offerings also include properties in The Park at Willowglen, Mark on 10 ^th , Touchstone Corporate Centre and Chinook Village.

Scout’s success says a lot about the benefits of being a CREW member.

Notes:

Surprised to learn that Cassandra McAuley is leaving Tourism Calgary after seven and a half years promoting this city. A key member of the executive team as vice-president of communications and stakeholder engagement, on Monday she will join the team at MMGY NextFactor, an industry-leading consulting firm specializing in worldwide travel and tourism, as its vice-president of destination planning.

David Parker appears regularly in the Herald. Read his columns online at calgaryherald.com/business. He can be reached at 403-830-4622 or by email at info@davidparker.ca .

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Real eState

Two Quebec real estate brokers suspended for using fake bids to drive up prices

Published

2 days ago

September 11, 2024

Anne Joseph

MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.

Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.

Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.

She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.

The two brokers were suspended in May 2023 after La Presse published an article about their practices.

One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.

This report by The Canadian Press was first published Sept. 11, 2024.

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Montreal home sales, prices rise in August: real estate board

Published

7 days ago

September 6, 2024

Anne Joseph

MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.

The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.

The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.

The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.

QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.

Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.

This report by The Canadian Press was first published Sept. 6, 2024.

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Canada’s Best Cities for Renters in 2024: A Comprehensive Analysis

Published

2 months ago

July 24, 2024

Harry Miller

In the quest to find cities where renters can enjoy the best of all worlds, a recent study analyzed 24 metrics across three key categories—Housing & Economy, Quality of Life, and Community. The study ranked the 100 largest cities in Canada to determine which ones offer the most to their renters.

Here are the top 10 cities that emerged as the best for renters in 2024:

St. John’s, NL

St. John’s, Newfoundland and Labrador, stand out as the top city for renters in Canada for 2024. Known for its vibrant cultural scene, stunning natural beauty, and welcoming community, St. John’s offers an exceptional quality of life. The city boasts affordable housing, a robust economy, and low unemployment rates, making it an attractive option for those seeking a balanced and enriching living experience. Its rich history, picturesque harbour, and dynamic arts scene further enhance its appeal, ensuring that renters can enjoy both comfort and excitement in this charming coastal city.

Sherbrooke, QC

Sherbrooke, Quebec, emerges as a leading city for renters in Canada for 2024, offering a blend of affordability and quality of life. Nestled in the heart of the Eastern Townships, Sherbrooke is known for its picturesque landscapes, vibrant cultural scene, and strong community spirit. The city provides affordable rental options, low living costs, and a thriving local economy, making it an ideal destination for those seeking both comfort and economic stability. With its rich history, numerous parks, and dynamic arts and education sectors, Sherbrooke presents an inviting environment for renters looking for a well-rounded lifestyle.

Québec City, QC

Québec City, the capital of Quebec, stands out as a premier destination for renters in Canada for 2024. Known for its rich history, stunning architecture, and vibrant cultural heritage, this city offers an exceptional quality of life. Renters benefit from affordable housing, excellent public services, and a robust economy. The city’s charming streets, historic sites, and diverse culinary scene provide a unique living experience. With top-notch education institutions, numerous parks, and a strong sense of community, Québec City is an ideal choice for those seeking a dynamic and fulfilling lifestyle.

Trois-Rivières, QC

Trois-Rivières, nestled between Montreal and Quebec City, emerges as a top choice for renters in Canada. This historic city, known for its picturesque riverside views and rich cultural scene, offers an appealing blend of affordability and quality of life. Renters in Trois-Rivières enjoy reasonable housing costs, a low unemployment rate, and a vibrant community atmosphere. The city’s well-preserved historic sites, bustling arts community, and excellent educational institutions make it an attractive destination for those seeking a balanced and enriching lifestyle.

Saguenay, QC

Saguenay, located in the stunning Saguenay–Lac-Saint-Jean region of Quebec, is a prime destination for renters seeking affordable living amidst breathtaking natural beauty. Known for its picturesque fjords and vibrant cultural scene, Saguenay offers residents a high quality of life with lower housing costs compared to major urban centers. The city boasts a strong sense of community, excellent recreational opportunities, and a growing economy. For those looking to combine affordability with a rich cultural and natural environment, Saguenay stands out as an ideal choice.

Granby, QC

Granby, nestled in the heart of Quebec’s Eastern Townships, offers renters a delightful blend of small-town charm and ample opportunities. Known for its beautiful parks, vibrant cultural scene, and family-friendly environment, Granby provides an exceptional quality of life. The city’s affordable housing market and strong sense of community make it an attractive option for those seeking a peaceful yet dynamic place to live. With its renowned zoo, bustling downtown, and numerous outdoor activities, Granby is a hidden gem that caters to a diverse range of lifestyles.

Fredericton, NB

Fredericton, the capital city of New Brunswick, offers renters a harmonious blend of historical charm and modern amenities. Known for its vibrant arts scene, beautiful riverfront, and welcoming community, Fredericton provides an excellent quality of life. The city boasts affordable housing options, scenic parks, and a strong educational presence with institutions like the University of New Brunswick. Its rich cultural heritage, coupled with a thriving local economy, makes Fredericton an attractive destination for those seeking a balanced and fulfilling lifestyle.

Saint John, NB

Saint John, New Brunswick’s largest city, is a coastal gem known for its stunning waterfront and rich heritage. Nestled on the Bay of Fundy, it offers renters an affordable cost of living with a unique blend of historic architecture and modern conveniences. The city’s vibrant uptown area is bustling with shops, restaurants, and cultural attractions, while its scenic parks and outdoor spaces provide ample opportunities for recreation. Saint John’s strong sense of community and economic growth make it an inviting place for those looking to enjoy both urban and natural beauty.

Saint-Hyacinthe, QC

Saint-Hyacinthe, located in the Montérégie region of Quebec, is a vibrant city known for its strong agricultural roots and innovative spirit. Often referred to as the “Agricultural Technopolis,” it is home to numerous research centers and educational institutions. Renters in Saint-Hyacinthe benefit from a high quality of life with access to excellent local amenities, including parks, cultural events, and a thriving local food scene. The city’s affordable housing and close-knit community atmosphere make it an attractive option for those seeking a balanced and enriching lifestyle.

Lévis, QC

Lévis, located on the southern shore of the St. Lawrence River across from Quebec City, offers a unique blend of historical charm and modern conveniences. Known for its picturesque views and well-preserved heritage sites, Lévis is a city where history meets contemporary living. Residents enjoy a high quality of life with excellent public services, green spaces, and cultural activities. The city’s affordable housing options and strong sense of community make it a desirable place for renters looking for both tranquility and easy access to urban amenities.

This category looked at factors such as average rent, housing costs, rental availability, and unemployment rates. Québec stood out with 10 cities ranking at the top, demonstrating strong economic stability and affordable housing options, which are critical for renters looking for cost-effective living conditions.

Québec again led the pack in this category, with five cities in the top 10. Ontario followed closely with three cities. British Columbia excelled in walkability, with four cities achieving the highest walk scores, while Caledon topped the list for its extensive green spaces. These factors contribute significantly to the overall quality of life, making these cities attractive for renters.

Victoria, BC, emerged as the leader in this category due to its rich array of restaurants, museums, and educational institutions, offering a vibrant community life. St. John’s, NL, and Vancouver, BC, also ranked highly. Québec City, QC, and Lévis, QC, scored the highest in life satisfaction, reflecting a strong sense of community and well-being. Additionally, Saskatoon, SK, and Oshawa, ON, were noted for having residents with lower stress levels.

For a comprehensive view of the rankings and detailed interactive visuals, you can visit the full study by Point2Homes.

While no city can provide a perfect living experience for every renter, the cities highlighted in this study come remarkably close by excelling in key areas such as housing affordability, quality of life, and community engagement. These findings offer valuable insights for renters seeking the best places to live in Canada in 2024.