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Latest Stories

6th May 2025

Surrey’s Guildford Place Plaza Faces Foreclosure

Landmark Premiere Properties and Cenyard Investments face foreclosure on Guildford Place. The 3-acre retail plaza in Surrey, across from the Guildford Town Centre mall, houses tenants like Tim Hortons, Lasik MD, and Anytime Fitness. The action, triggered by missed loan payments, marks Landmark’s third insolvency proceeding in recent months.

Read the full story by Storeys.

27th Apr 2025

Surrey Approves 350-Unit Rental Project on City-Owned Land

Surrey Council has approved a purpose-built rental development on a 2.9-acre city-owned site at 10975 126A Street. The project will deliver approximately 350 rental homes, with at least 20% designated as below-market units. Located near the Scott Road SkyTrain Station, the development aims to enhance affordable housing near transit and amenities.

Read the full story by City of Surrey.

14th Apr 2025

Aquilini Group Is Bringing a New Hilton Hotel to Surrey

A new 189-suite Homewood Suites by Hilton is set to occupy the top nine floors of Surrey's City Centre 4 tower. It will be managed by the Aquilini Group—owners of the Vancouver Canucks. Located next to Surrey Memorial Hospital, the hotel will feature home-like accommodations, pet-friendly policies, and a 6,000-square-foot rooftop amenity space.

Read the full story by Daily Hive.

31st Mar 2025

Thind’s District Northwest Project Receives $86M Bid

The District Northwest project by Thind Properties, 85.3% pre-sold and placed under receivership due to financial issues, is moving forward with a proposed sales process. BM Group's stalking horse bid of $86 million sets a baseline for prospective offers. Pending court approval, LOIs must be submitted by May 9, and final bids are due on June 13.

Read the full story by Storeys.

14th Mar 2025

Waterfront Entertainment District Planned for Surrey

City of Surrey has launched a feasibility study to develop a waterfront entertainment district along the Fraser River near Patullo Bridge. The city aims to create a vibrant area featuring parks, restaurants, and retail to boost tourism and local engagement. Previous mayors have considered proposals for a Ferris wheel attraction in this area.

Read the full story by Daily Hive.

25th Feb 2025

City of Surrey Backs Out of Metro 2050 Plan

Surrey has decided to remove itself from the Metro 2050 Regional Growth Strategy, a master plan for the region's growth over the next three decades. It guides municipal governments in modifying their OCPs, and making other municipal policies and strategies. Council argues it unfairly burdens residents without equal benefits.

Read the full story by Daily Hive.

RC
RCSubscriber since May 2024
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As a legal practitioner with a busy practice, Real Estate Recap provides me with an insightful and quick update on the current real estate happenings in Canada. Not only is the information helpful for my personal use, it goes a long way in dealing with relevant legal issues for clients.
EM
EMSubscriber since December 2024
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Real Estate Recap is a fantastic resource! It’s packed with useful information about market trends and provides educating insights that help readers understand the real estate market better. The practical tips and clear explanations make it a must-read for anyone looking to stay informed and learn more about the real esate market!
SD
SDSubscriber since June 2024
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Staying on top of real estate news can be hard, but thanks to RealEstateRecap, I don’t miss a beat. Their updates are informative, and make it easy to stay in the know. Great Newsletter, Thank you
SG
SGSubscriber since June 2024
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Very informative newsletter! It is now my go to source for all real estate news.
SB
SBSubscriber since December 2024
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Great newsletter! Very insightful and it provides all the key points without being a long, tedious read. Very well done!

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