Stay in touch with NIHO!

In The News

Working to beat the HST deadline

Derrick Penner, The Vancouver Sun, April 18, 2010

Developers are doing what they can to beat the harmonized sales tax July 1 deadline, building units ahead of schedule and hoping to make sales earlier rather than having to charge the unpopular tax later.

Opportunities are limited, the time fleeting, but with the tax adding a cost in the tens of thousands of dollars to homes, builders who have serviced lots figure they’re better off taking the risk of having to hold onto excess inventory.

Read more »

Rx for a resort going downhill

Kerry Gold, The Globe & Mail, April 9, 2010

The Vancouver-based Gaglardi family is known for owning Sandman Inn hotels and Denny’s restaurants, where you can work your way through something called a Grand Slam at 2 o’clock in the morning.

There is also “Flying Phil Gaglardi,” now deceased. He was the eccentric, 1960s era Highways Minister who had a penchant for driving fast and grabbing headlines. Today,

Read more »

Backers ‘should hang in there’

Carla Wilson, Victoria Times Colonist, March 27, 2010

Creditors of major projects like Bear Mountain Resort should stick with developers while waiting for a stronger economy and a revitalized market, says Rudy Nielsen, president of NIHO, a company that develops residential property throughout B.C.

Langford’s Bear Mountain Resort is one of several large B.C. projects to face financial woes in the recession, said Nielsen, also president of Landcor Data Corp.

Read more »

West Coast Resorts’ Salmon Masters Tournament

Ron LaForce, Salmon Trout Steelhead Magazine, March 2010

For the past seven years, West Coast Resorts has hosted the Salmon Masters Tournament. Salmon Masters is North America’s largest cash jackpot salmon tournament with a total guaranteed payout of $360,000.00. The Grand Prize is $115,000.00. The proceeds from the tournament support the Make a Wish Foundation and The Pacific Salmon Foundation. The entry fee of $6,995 includes a spectacular trip to one of West Coast’s three participating salmon lodges.

Read more »

Kudos

Vancouver Sun, July 13, 2009

More than $178,000 was raised at Coast Capital Savings’ 8th Annual Charity Golf Tournament benefiting depression research and treatment at VGH & UBC Hospital Foundation for Depression Research. Since 2002, the annual event has raised over $980,000, with the majority of funds going toward research, treatment and awareness of mental illness.

The Westminster Savings Foundation provided $20,000 to Servants Anonymous Surrey, a society dedicated to preventing child and youth exploitation,

Read more »

It Looks Lovely – I’ll Take the Lot

Sally Howard and Emma Wells, The Sunday Times (London), November 1, 2009

Rudy Nielsen looks unprepossessing enough in his blue jeans and lumberjack shirt, but he has been known to buy up an entire town before breakfast. Nielsen is an agent and property developer with a difference: his speciality is buying, renovating and selling the once thriving mining communities that litter the vast expanses of Canada.

“Many of these abandoned places are extremely picturesque,

Read more »

First Gated Ranch Community

Frank O’Brien, Western Investor, September 2009

From somewhere in the world – but most likely Western Canada, the USA, or Europe- 16 well-heeled buyers are expected to ante more than $1 million each to share in Canada’s first gated community, now being developed between the East Kootenay communities of Invermere and Radium Hot Springs.

“I know more about recreational real estate  in BC than probably anyone else, and this is the best property I have ever seen,” said Rudy Nielsen,

Read more »

Real estate in slow recovery

Carla Wilson, The Victoria Times-Colonist, April 16, 2004

Despite careful tracking of residential house sales and values in B.C., it’s too early to know where the market is heading, says a real estate analyst.

It will take another three to four months to predict where the bottom of the market is, Rudy Nielsen, president of Vancouver-based Landcor Data Corporation, said yesterday. He added from there, any recovery will be slow.

Read more »

Real estate prices up last month

Carla Wilson, The Victoria Times- Colonist,  May 2, 2009

Greater Victoria’s real estate market continued to rack up hefty month-over-month increases in sales while prices in April continued to decline from record highs of the past two years.

“There is definitely a spurt in the marketplace right now … has been for the last three to four weeks,” said Rudy Nielsen, president of Landcor Data Corp., which tracks British Columbia’s real estate market.

Read more »

Real estate expectations fall

Derrick Penner, The Vancouver Sun, May 20, 2009

British Columbia’s real estate markets have reached a point where it is difficult to predict if they’ll go down any further or begin a recovery — or even when either might occur.

In its latest forecast released Tuesday, the Canada Mortgage and Housing Corp. reduced its expectations for new-home construction, sales and prices for this year and next.

Province-wide,

Read more »