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Singla Bros. Holdings Ltd. pleads guilty to 6 of 10 charges in Penticton courtroom
Six guilty pleas were entered in a Penticton court room on behalf of Singla Bros.…
Kamloops woman banned from property management for how her business adapted to COVID
A Kamloops woman has been ordered to stop being a property manager until and unless…
Why you can’t manage rentals in B.C. without a license
Kathy Bakker was simply providing a service. The Kamloops woman had worked for a property…
Property values down across much of Southern Interior: BC Assessment
Property prices across the Southern Interior have largely declined according to the latest figures from…
North Okanagan home values trending up
VERNON - There’s an upswing in the assessed value of homes in the North Okanagan. According to B.C. Assessment’s latest number-crunching, single family residential properties rose in value in most communities in the North Okanagan and Shuswap regions between July 1, 2014 and July 1, 2015. The biggest jumps were in Spallumcheen and Salmon Arm...
Better than money: John Howard Society gets major property donation
VERNON - The John Howard Society has received a gift few non-profits ever do: real estate. A 3,600 square foot suite inside the Creekside Professional Building was given to the society by a local couple, Mike and Beverly Davies, Tuesday, Feb. 17. It’s the largest gift ever received by the society, and believed to be...
Upswing in North Okanagan property values
VERNON – There’s an upward trend in the value of North Okanagan properties. B.C. Assessment has released its 2015 assessment roll, which grew to $27,173,940,965, up 3.6 per cent from $26,221,360,408 in 2014. A notable $393,000,000 was added to the roll through subdivisions, rezoning and new construction. In the North Okanagan, the District of Coldstream...
Developers sue after Salmon Arm property buy turns sour
SALMON ARM - A multi-million dollar lawsuit is underway after a trio of developers found out the property they bought in Salmon Arm wouldn’t be as profitable as they’d expected. Smart Centres Inc., Salmon Arm Shopping Centres Limited and Calloway REIT (Salmon Arm) Inc. are suing EBA Engineering Consultants, and three of its employees, over...
A new chapter begins in the storied life of the Hotel El
KELOWNA – After more than a year of aggressive interest and offers from Kelowna real estate development company Argus Properties, Hotel Eldorado owner Jim Nixon decided the time was finally right to sell after 25 years. “They wanted what I wanted,” Nixon says on Argus’ plans for the hotel, marina and restaurant. “It’s a local...