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Wednesday , 22 October 2014
  • New mortgage organization to assist investors

    New mortgage organization to assist investors

    A new professional association for the mortgage industry has been formed, the non-profit Association of Mortgage Investment Professionals (AMIPROS). As the name suggests, the group’s aims are to assist and advise investors looking to place their money in mortgages. The group will bestow three designations based on completion of a core course in investor protection and two specializations. The two main specializations, which cover the main options open to investors, are private and syndicated mortgages, both of which have seen “dramatic growth” in Canada, AMIPROS says, since 2008 when the government began to make changes to mortgage lending practices. The head of the new organization, Joseph White, says that compared to the 1970s and 1980s, which he refers to as the “stone age” of mortgage lending in Ontario, today is “the Industrial or Golden Age of mortgage lending.” “The explosion in growth of retail investing in private and syndicated mortgages over ... Read More »
  • New Aquavista waterfront condos from Tridel

    New Aquavista waterfront condos from Tridel

    In June of 2013, Toronto condominium developer Tridel Corp. and real estate developer Hines International officially revealed plans for the first residences to be built at the new Bayside community on Toronto’s waterfront. Aqualina at Bayside, a condominium community designed by architectural firm Arquitectonica, will rise on the waterfront location bounded by Sherbourne Common, a new Waterfront Promenade, a new road called Merchants’ Wharf, and Queen’s Quay Boulevard. The new neighbourhood of East Bayfront will contain 3 million square feet of residential and commercial space, all on the water’s edge. As Tridel vice president of sales and marketing, Jim Ritchie, commented at the time, “There are few condominium locations which offer this intimate a connection with Lake Ontario, and fewer still that are as fully integrated into the development of the surrounding area as Aqualina at Bayside Toronto.” Now there is another. Tridel and Hines have just announced the second ... Read More »

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  • Dutch artist’s “smart highway” glows in the dark

    Dutch artist’s “smart highway” glows in the dark

    How would the world look if commonplace elements like roads and highways were designed by artists rather than by engineers? A glimpse can be seen in the work of internationally renowned Dutch artist and inventor Daan Roosegaarde whose Smart Highway in the Netherlands has recently been tested. The glow-in-the-dark road is the first section of what could eventually be a much larger project. Photo-luminescent paint absorbs solar energy by day and releases it as light at night, making the highway more visible and therefore safer for drivers. “The landscape becomes an experience of light and information,” the artist’s studio says. “As a result this increases visibility and safety.” Beyond the safety benefits, the goal, he says, is to make roads more sustainable and interactive, using light, energy and road signs that automatically adapt to traffic conditions and provide drivers with useful information about road and traffic conditions. Collaborating with Heijmans ... Read More »
  • New mortgage organization to assist investors

    New mortgage organization to assist investors

  • New Aquavista waterfront condos from Tridel

    New Aquavista waterfront condos from Tridel

  • Toronto designer’s flower chair wins NYC competition

    Toronto designer’s flower chair wins NYC competition

  • Condo sales, rentals booming in third quarter

    Condo sales, rentals booming in third quarter

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