The following real estate transfers were recorded in Jefferson County:
Justin Foust to David Brautigam, lot 6, Wheeling and Lake Erie Coal Mining Co. First.
Julianna Parkenick (deceased) to Sherri Vella, .24 acre, Steubenville Township.
Kenneth and Catherine MacAlister to Bonita Starkey and Chad Dombroski, 1.2563 acres, Mount Pleasant Township.
Bryan and Juli Long to Kyle Reid Investments LLC, lots 15-19, W.H. Rodgers Second.
First National Bank of Pennsylvania to Sheryl Ullom, lot 27, Walton Acres.
Terrence Miller (deceased) to Travis Miller, metes, Brush Creek Township.
Harold and Lisa Vandruff Jr. to Sean Moore, lot 10, Askowitz.
Joyce Rouse (deceased) to Ronald Rouse Sr., metes, Cross Creek Township.
Yontz Real Estate Rentals LLC to Satarra Moore and Fred Moore, lots 69 and 70, Gerke’s.
Fitness Pavilion Inc to Origin Fitness Center Inc, 1.3 acres, 5,274 square feet, Cross Creek Township.
Donald and Mary Whipkey to Origin Fitness Center Inc, metes, Cross Creek Township.
Thomas Vergus and Raven Wright to Danielle Sheets, lot 55, McConnell’s.
Kenneth Seiple to Steven Clark, lots 19 and 20, George Myers.
Thomas DiLeonardo (deceased) to Michele Beraducci, lot 22, Beverly Hills Eighth.
JP Morgan Mortgage Acquisition Corp to Southeast Property Acquisitions LLC, 1.52 acres, Knox Township.
Jonathan and Jordian Lemon Jr. to John and Amber Good Jr., lot 17, Dana Lynn.
Gary Srock to Petrella Enterprises LLC, .456 acre, Knox Township.
Lawson Rentals LLC to HCS of Merchants Isle LLC, part lots 32 and 33, Popular Springs.
Franca Zumpano to Morgan McCloud, lot 34 and part lot 33, Beverly Hills Seventh.
Stanley Boroski (deceased) to Mary Boroski, lots 196 and 197, A.C. Jones, .16 acre, Smithfield Township.
Gilbert Thermes (deceased) to Mark and Lori Thomas, part lots 34 and 35, Green Acres (survivorship).
Dorothy Sutton to Robert H. Sutton Trust, lots 89 and 90, Beechwood.
Louis Kutys II to Shane Kutys, lot 20, Walker’s.
Darnell Young to Charles Johnson, part lot 5, Henrietta Mear’s.
Frederick Morris to Bridget Stone, part lot 135, Irondale.
Charles Adrian (deceased) to Janice Adrian, lot 15, John Spahn’s Second.
Emery and Bonnie Mason to Danny Hancock II, part lot 6, James P. Draper’s.
Mitchell Bass Sr. (deceased) to Ethel Bass, lot 3, George E. Sharp’s, lot 13, Pug’s Sunrise Manor, part lot 41, Beverly Hills Seventh.
Cindy Hinerman to Michael Hinerman, .46 acre, Knox Township.
Linnard Merrill (deceased) to Nita Merrill, 1.0894 acres, Salem Township.
Michael Payton (deceased) to Cindy Payton, 4.51 acres, Knox Township.
Margaret Wright (deceased) to Earl Wright, lot 30, Linduff Estates.
Edward G and Nancy R. Kotora Joint Living Trust to David and Shelia Werkin and Monica Werkin, lot 53, Country Club Hills (survivorship).
Dwain and Melissa Zink to Donald and Karen Vandeborne, lot 27, Green Acres (survivorship).
David and Shannon Irvin to Sernna Properties LLC, metes, Ross Township.
Justin and Debra Sofio to Jeffrey Cline Sr., lot 175, Becker Highlands.
Roger and Kristen Fisher to Shirley Huggins, lot 17 and part lot 18, McFerren’s Second.
Taylor and Trong Do to Benjamin Erste, lot 64 and part lot 65, Country Club Estates.
Christopher and Jessica Brown to Gary Morris and Kaitlynn Fitzgerald, lot 14 and part lot 15, Sunset Hills (survivorship).
Amy Beilis and Dinah Redpath to Michael Abbott, lot 85, Alexander Manor.
Margaret Canyock (deceased) to T.J. Dabney Rentals LLC, lot 26, Simmons and Foster’s.
Wilson Family Irrevocable Trust to Thomas Kotur, lot 129, Lincoln Heights.
Tiffany and Matthew Jenca to Nathan Saldana and Stephanie Humienny, lot 66, Beverly Hills (survivorship).
Jacob Slyder and Nicole Slyder to Ryan Kathrens, part lots 120-123, Walker’s Second.
Harry Huggins (deceased) to Nora Huggins, lot 5, Beverly Hills.
Benjamin and Teresa Wiker to Daniel and Connie Creek, lots 2 and 3, Broadview, .1783 acre, Salem Township. (survivorship).
Helen Whitaker to Sunnyside Holdings LLC, part lot 34, Watson and Thomasson’s Fourth.
Mary Colaianni to Reno Colaianni, 10.9526 acres, Mount Pleasant Township.
Willis Calhoun to Ronald Dulaney II, metes, Wells Township.
Susan Black to Beverly Brenda, 5 acres, Springfield Township.
Mark Walker and others to Megan Geyer and Aaron Montgomery, lot 56, Westwood Estates (survivorship).
Joshua and Chelsie Virtue to Richard Reed III, .6151 acres, Wayne Township.
Mona Boyer and others to Timothy and Tina Jacobs, lot 40 and 41, Brentwood Estates (survivorship).
Lawrence and Lisa Mayle to Ben Warner, lot 4, Simmons and Foster’s.
McClurg Properties LLC to Maureen Pollock, part lots 23 and 29, A. Clark’s Second.
Honey Jar Properties LLC to HCS of Merchants Isle LLC, part lot 221, Steubenville Original.
Andrew and Carlie Jolly to Charles Jolly, .5712 acres, Springfield Township.
Paul and Kayla Sweeney to James and Paula Fox, .706 acre, Cross Creek Township.
Linda Yuricic to Michelle Yuricic, lot 54, St. John Heights.
Frederick Luscher (deceased) to Janice Luscher, metes, Cross Creek Township.
Arlie Suggs (deceased) to Ezaine Suggs and others, lot 35 and part lot 38, W.C. Brown.
Betty Alvey to Jay’s Real Estate LLC, lot 199, Lincoln Heights.
Joshua Black to Nicholas Bish, lot 17, Frazier’s.
Richard and Sheryl Call to Edward and Sandra Picardi, lot 2, Lewis Second (survivorship).
Robert and Connie Tanley to Jason and Jessica Downing, part lot 4 and lot 5, Morgan and McBane’s.
Corey Gadsen to Michael Stumm and Park Stumm, part lot 41, LaBelleView (survivorship).
Sandra Leone to Leone Family Irrevocable Trust, lots 90, 91, 110 and 111, Overlook Hills.
Billie and David Hibbits to Alesia Wither, part lot 159, LaBelleView.
Peter and Marguerite Bates to Todd Zimish, lot 14, part lots 7 and 8, Pleasant Heights.
Stella Tsouris and others to Stephen Davis, part lot 161, Steubenville Original.
Queenie Christian (deceased) to Peter Christian and Lloyd Christian Jr., lot 2, Seminole.
Timothy and Tammy McCoy to Kateland Ayers and Damian Ayers, lots 6 and 8, Wiliam A. Seaton’s Third (survivorship).
Michael Gaschler to Kathleen Gaschler, lot 75, Sunrise Terrace.
Jefferson County Land Revitalization Corp. to Sandra Wanat, .137 acre, Mount Pleasant Township.
Jefferson County Land Revitalization Corp. to Logos Inter-plus-Com, lot 629, LaBelleView.
Simplicity launches real estate conveyancing solution in Ontario – ITBusiness.ca
Prolegis is a cloud-based real estate conveyancing solution made for real estate lawyers. It integrates with a real estate practice, providing tools and information to help each user enhance their performance, customer engagement, and work-life balance.
Prolegis is designed to help users save time, with all the capabilities and key third-party integrations needed to convey a real estate transaction. The solution provides user flexibility to configure and organize work, communicate with clients, and manage the real estate transaction end-to-end from a single solution at any time. It offers a library of document and workflow management tools, community databases, stakeholder portals, and real-time support.
‘Simplicity is incredibly pleased and excited to offer Ontario real estate lawyers and conveyancers a fresh new choice in a legal software provider. Collaborating with our valued customers and a network of trusted stakeholders, we are building a better, brighter future for real estate legal professionals and Canadian homebuyers,” said Neil N. Babiy, co-founder and chief executive officer of Simplicity Global Solutions Ltd. “At Simplicity, we envision a future where innovative technology is at the forefront of enhancing the customer experience in the real estate ecosystem. We are committed to helping advance technology utilization and adoption within the real estate sector by providing solutions that are user-friendly, easy to implement, and economical to acquire and operate.”
Ontario real estate lawyers and conveyancers can now book a demo and learn more about the tool here.
U.S. real estate giant Blackstone says it will not target single-family homes in its Canadian expansion – The Globe and Mail
Blackstone Inc. BX-N said Monday it has no interest in investing in single-family homes in Canada, laying to rest speculation the giant global asset manager would scoop up hundreds of Canadian houses and turn them into rental properties.
After Blackstone announced plans in May to establish a Canadian office in Toronto, rumours abounded that the private equity firm would unleash its firepower, gobble up homes and increase competition for individuals and families looking to buy homes. The typical home price across the country has climbed 50 per cent over the past two years and real estate investors have come under scrutiny for their role in ramping up competition and driving up prices.
But Blackstone’s head of real estate Americas, Nadeem Meghji, said that is not in the cards for the company’s Canadian expansion.
“It’s just not an area that we are focused on in Canada,” he said in a joint interview with Janice Lin, the new head of Blackstone Canada.
The New York-based company, which has US$915.5-billion in assets under management, has been accused of profiting off the 2007 U.S. housing meltdown after it bought swaths of distressed properties and then rented them out to U.S. residents.
Blackstone has said it did not own any single-family homes before the crisis and didn’t foreclose on any of the properties. It has also said many of its purchases were homes that had been sitting vacant and dragging down local property values.
Blackstone has since sold that business and owns a rent-to-own business called Home Partners of America – one of the many players in a growing single-family home rental market in the U.S.
“We don’t have a similar platform in Canada and we don’t have the intention of launching one because, from our perspective, we think there are just more interesting places to deploy capital in the Canadian market,” Mr. Meghji said.
Ms. Lin, a former Canada Pension Plan Investment Board executive, is in charge of Blackstone’s expansion in Canada. She cited the country’s favourable immigration policies and its strong population growth as two key factors that make Canada a winner for Blackstone’s capital.
Blackstone mostly owns warehouses and other industrial space in Canada, as well as a couple of office towers. It also has some investments in apartment building developments. All together, they are worth about US$14-billion, according to Blackstone, representing just a tiny fraction of the company’s global real estate portfolio.
Ms. Lin and Mr. Meghji both said the company will continue to invest in industrial and top office buildings, as well as hotels.
Blackstone has previously said it expects its growth here will be significant. Mr. Meghji would not quantify “significant” except to say he expects growth will be material and Canada could eventually command a larger share of Blackstone’s global real estate portfolio.
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Calls increase for more money as Montreal and rest of Quebec facing housing crunch
MONTREAL — When Soufia Khmarou moved from Morocco to Montreal in 2009, she thought finding an affordable house for her and her three children was going to be easy.
“I was not expecting this,” Khmarou said in an interview Monday. “What we see, what we hear about Quebec … the reality doesn’t reflect the ad.”
Khmarou appeared next to Manon Massé, a spokesperson with Quebec’s second opposition party, Québec solidaire, who told reporters Montreal’s affordable housing shortage is going to get worse if more money isn’t made available.
Standing next to a construction site of high-end condominiums near downtown Montreal, Massé said, “There are housing units being built in Montreal. But for the families that want to find a place to stay and afford to pay rent each month, there’s a crisis.”
The need for affordable housing will be especially acute after June 30, she said, when most of the leases across the province end. Many families will be forced to remain in or move into homes that are unsanitary or unfit for their needs. Massé said low-income families in Montreal and in the rest of the province are spending up to 85 per cent of their monthly incomes on housing.
Khmarou said she’s been on waiting lists to access subsidized housing for the past three years, hoping to move her family out of a Montreal apartment she said is unsanitary.
“But I don’t have any answers; all I see is more and more people on the same lists,” Khmarou said. “There’s no hope; there’s no low-rental housing that’s being added on the market.”
Montreal Mayor Valérie Plante held a separate news conference on Monday, also to lament the lack of affordable housing in the city. Plante said Montreal has been waiting for the past four years for millions of dollars promised by the federal government to build around 1,200 affordable housing units and renovate an additional 4,700 units.
“We know that there’s a housing crisis — it’s hard on July 1,” Plante told reporters. “To know that there are almost 6,000 units that are taken hostage, that aren’t made available for citizens, it’s unacceptable. It’s been four years, at one point, patience has a limit.
“When we talk about the safety and healthiness of housing units, that’s what’s at stake,” she said.
A coalition of housing committees and tenant associations in Quebec released a report over the weekend indicating a widespread rent increase across the province. The coalition analyzed 51,000 rental listings from February to May and said rents across the province increased by nine per cent between 2021 and 2022, reaching an average of $1,300 per month.
The coalition said that less-populated parts of the province were used to an accessible market but are now seeing strong increases.
Rentals.ca, a Canadian website for apartment rental searches, said the average rent for all Canadian properties listed on its site was $1,888 per month in May — a year-over-year rise of 10.5 per cent. With an average of about $2,000 a month for a two-bedroom unit, Montreal ranked 22nd out of 35 cities. Vancouver, the front-runner, had the same size units listed for an average of $3,495 per month.
The association of homebuilders, called the Association des professionnels de la construction et de l’habitation du Québec, said in a report last week that Quebec is missing 100,000 homes, with more than 37,000 families on waiting lists to access subsidized housing.
Paul Cardinal, director of economic services with the association, wrote that “the only way to sustainably reduce real estate overheating is to increase supply.”
This report by The Canadian Press was first published on June 27, 2022.
This story was produced with the financial assistance of the Meta and Canadian Press News Fellowship.
Virginie Ann, The Canadian Press
Stock market news live updates: Stock turn lower following last week's rebound – Yahoo Canada
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