property developer

B.C. developer, director fined $99K for causing ‘consumer harm’

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B.C. developer, director fined K for causing ‘consumer harm’

A Surrey, B.C.-based property developer and its director have been ordered to pay nearly $100,000 by the province’s real estate regulator for causing “consumer harm.” The B.C. Financial Services Authority (BCFSA) said Halcyon Point Development and its director Dale Tortorelli are both liable for failing to provide purchasers with a disclosure statement and for putting … Read more

‘It was a nightmare’: why world’s first luxury villa in a plane, in Bali, was so tough to build, according to the Russian entrepreneur who envisioned it

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‘It was a nightmare’: why world’s first luxury villa in a plane, in Bali, was so tough to build, according to the Russian entrepreneur who envisioned it

After identifying and striking a deal with the owner – an Australian who bought the Boeing a decade before with the idea of turning it into a nightclub – Demin relocated it to a narrow plot of land he’d leased on the dramatic sea cliffs overlooking Nyang Nyang Beach, on Bali’s south coast. The glass-sided … Read more