Beltline

Inner-city community combines historic charm with stunning new developments

The Beltine is a community experiencing a period of major transition – from the reconstruction of 17th Avenue S.W. to the reimagining of Victoria Park.

Through it all, the beauty and vibrancy of this inner-city neighbourhood just seems to be getting stronger and stronger.

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Density dilemma

Study finds major Canadian cities have room to improve when it comes to densification

Densification is a buzzword now in the real estate industry, and it’s certainly on the minds of many policy makers in cities across Canada, including Calgary.

If you travel to cities around the world, you will see firsthand how the other half lives, so to speak. More people are living close together in those global cities.

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The road to right-sizing

HGTV star Todd Talbot shares advice from 20 years in real estate at the Calgary Home and Garden Show

At the age of 22, Vancouver actor Todd Talbot bought his first home, paying his mortgage with the help of a rent-paying friend.

It was a unique occurrence among his theatre colleagues.

“(As an actor) you don’t make a ton of money and you are pretty transient,” said Talbot, who, as a teenager, appeared on the Hillside TV series with fellow Vancouverite and current Hollywood heavyweight Ryan Reynolds.

However, it was this initial foray into real estate – $190,000 for a two-bedroom, two-bathroom condo two blocks from Kitsilano Beach – that sparked Talbot’s second career as an entrepreneur, leveraging one piece of property for another, and then another, and eventually leading to ownership of several real estate companies.

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Putting down roots

GROW condo in Bankview conjures memories of home for Christopher Stephanou

There is much to be said for the convenience and upbeat vibe of the inner-city lifestyle. Walkability, connectivity and short commute times are just a few of the pluses. When you add on the sustainable amenities that promote a sense of community and communal living, the attractiveness soars even further. That’s why 30-year-old Christopher Stephanou jumped at the chance to purchase a one-bedroom condominium at GROW, a 20-unit, multi-family project located in the heart of Bankview.

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Future leaders

Westman Centre for Real Estate Studies is developing tomorrow’s real estate professionals

While interest accruing on a mortgage balance is rarely a welcome sight, the growing interest in the Westman Centre for Real Estate Studies at the University of Calgary is a different story.

Part of the Haskayne School of Business, the Westman Centre was founded in 2012 with $7.6 million in funding from the real estate industry, which included a $5 million endowment from Jay Westman. Its mission is to be a catalyst for the development of real estate professionals and a leading centre of excellence for real estate studies through its teaching, research and community engagement activities.

“Industry saw a need for a program where graduates would have a firm grasp of the real estate sector and the career opportunities it could offer,” said Jessica Abt, the centre’s director.

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