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Starlight Investments, one of Canada’s largest owners of apartment buildings and multifamily properties, is halting monthly payouts on two of its funds, another sign that higher interest rates are causing trouble across the real estate sector – even for the most sophisticated managers and investors. Starlight, which owns $25-billion worth of properties and real estate …
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Michael Emory, CEO of Allied Properties REIT, stands in the lobby of offices on Adelaide in Toronto.Ashley Hutcheson/The Globe and Mail Office property owner Allied Properties REIT AP-UN-T is considering the sale of its data-centre portfolio, a deal that would help the commercial landlord pay down debt as it retools for a new era of …
DEARBORN, Mich. (AP) – Ford Motor Co. is recalling over 634,000 SUVs worldwide because a cracked fuel injector can spill fuel or leak vapors onto a hot engine and cause fires. The recall covers Bronco Sport and Escape SUVs from the 2020 through 2023 model years. All have 1.5-liter, three-cylinder engines. The Dearborn, Michigan, automaker …
Ford recalls over 634K SUVs due to fuel leaks and fire risk Read More »
(CNN) — The James Webb Space Telescope has captured a detailed molecular and chemical portrait of a faraway planet’s skies, scoring another first for the exoplanet science community. WASP-39b, otherwise known as Bocaprins, can be found orbiting a star some 700 light-years away. It is an exoplanet — a planet outside our solar system — …
Webb telescope captures first look at an exoplanet’s atmospheric breakdown Read More »
Ciarán Fahey, The Associated Press Published Wednesday, November 23, 2022 4:44PM EST DOHA, Qatar (AP) — Germany’s players covered their mouths for the team photo before their opening World Cup match on Wednesday to protest against FIFA following the governing body’s clampdown on the “One Love” armband. …
World Cup: Germany players cover their mouths in protest Read More »
Ken Sweet, The Associated Press Published Wednesday, November 23, 2022 5:33PM EST Last Updated Wednesday, November 23, 2022 5:59PM EST NEW YORK (AP) – The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it has managed to recover and secure …
$740M in crypto assets recovered in FTX bankruptcy so far Read More »
Mark Sherman, The Associated Press Published Tuesday, November 22, 2022 3:19PM EST Last Updated Tuesday, November 22, 2022 4:21PM EST WASHINGTON (AP) – The Supreme Court on Tuesday cleared the way for the imminent handover of former President Donald Trump’s tax returns to a congressional committee …
Trump’s taxes: US Supreme Court clears way for handover of returns to Congress Read More »
Canadian soccer fans from far and wide are likely feeling the pre-game jitters and excitement as the men’s team gears up to play its first match at the FIFA World Cup in Qatar. The last time Canada played in the World Cup was also the team’s first time, 36 years ago when Mexico hosted. Now …
Jacob Serebrin, The Canadian Press Published Wednesday, November 23, 2022 6:24AM EST Last Updated Wednesday, November 23, 2022 6:26PM EST For Canadian soccer fansthe excitement of seeing their country play in the men’s World Cup for the first time in 36 years gave way to disappointment …
World Cup: Soccer fans inspired by Canada’s performance vs Belgium Read More »
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In just 6 years, Sahil Jaggi has amassed a real estate portfolio worth $9-million and is now branching out into small-scale residential development.Fred Lum/The Globe and Mail Sahil Jaggi is watching to see if the trickle of properties for sale in the Toronto-area real estate market turns into a wave. “That’s a good time for …
