Howard Chai
@Howard__24
Taiwanese-Canadian. Western Lead at @storeyspub, where I cover real estate, housing policy, and the development industry. Email: [email protected]
SCOOP: A receivership application has been filed against the 60-storey CURV luxury condo and rental project in Vancouver. Lender is a syndicate that includes RBC, BMO, and Meridian Credit Union. Debt is $91M. #vanRE storeys.com/curv-vancouver…
Everybody in the industry I’ve talked to recently believes insolvencies will increase in H2 2025. Both Vancouver and Toronto. “Extend and pretend” is coming to an end. #vanRE
Paul Mochrie is out as City Manager for the City of Vancouver. As you might expect, it was a “mutual” decision. #vanpoli

The City of Surrey has published a new land use plan for its City Centre area, which includes the Central Business District, Entertainment District, and Medical District. This is just a draft and there is no word yet on when it is up for approval. #vanRE storeys.com/surrey-city-ce…
Pablo Torre brought real investigative journalism back to sports on a grand scale. He’s quickly becoming one of the more influential voices in sports journalism.
JC Tretter is resigning from the NFLPA, as he told @jjones9.
This is the intersection of two of my biggest passions: journalism and the NBA. Very inspirational to me as a fellow journalist, on multiple levels.
👀👀👀
Vancouver has proposed new standardized residential zoning districts with set heights and densities to simplify the development approval process. Next week, Council is set to refer the changes to a future public hearing. #vanRE #vanpoli storeys.com/vancouver-stan…
Former Vancouver City Councillor @christineeboyle is BC's new Minister of Housing (and Municipal Affairs), replacing @KahlonRav. #bcpoli #vanpoli #vanRE Kahlon goes back to his former post of Jobs and Economic Growth, which he held during COVID. storeys.com/christine-boyl…
TransLink has acquired a 5.06-acre parcel of industrial land near its Vancouver Transit Centre, the company confirmed to me. They paid $62.9 million, which translates to over $12 million per acre, significantly higher than the average $ / acre. #vanRE storeys.com/translink-vanc…
The Burnaby Lake Village project has exited creditor protection after Peterson bought out Create Properties. Here's what happened and an update on Create Properties, who defaulted on their HO lease in April, according to a notice shared with me. #vanRE storeys.com/peterson-creat…
NEW - BC has gone to the dogs. Gov proposing to ban breeding, sale + ownership of exotic cats. Includes servals, caracals, ocelots, wildcats, Asian golden, fishing, jungle and marbled cats. NDP in pocket of 'big dog' lobby. The war on cats has begun! Fight for freedom!
Some big REIT news: H&R REIT / $HR.UN has disclosed that it has received multiple offers from potential buyers. H&R REIT is one of the largest REITs in Canada, with over $10.5 billion in assets under management (a lot of it in the US). storeys.com/hr-reit-potent…
If I had $1 for every individual escalator at Metropolis at Metrotown and every day that they’ve been out of order, I would have enough money to fix all of the escalators. #Burnaby
