How a chat put renters on path to affordable home ownership in Port Moody

A new housing project in Port Moody will give local tenants a chance to become homeowners in the development. Thirty of the 358 units to be constructed at 50 Electronic Avenue are going to be rent-to-own homes. Affordability is expected to be achieved through two measures. One is that rents will be charged below market rates, according to developer Kush Panatch. Second, the Panatch Group will fix the purchase price as if tenants were buying their units today.

Read More

Outdoor movies at Rocky Point Park

Kush Panatch, the president of the Panatch Group, and his associates, Kulvinder Panatch, Eshleen Panatch and Aman Panatch, are ready to watch movies on the main lawn at Port Moody’s Rocky Point Park.

Read More

Forecasting the Future & Holding onto the Past with Developer Kush Panatch

Developer of 50 Electronic Avenue, Kush Panatch, joins Adam and Matt to discuss his trailblazing new project in Port Moody’s most up-and-coming area. Learn Kush’s best investment advice, market predictions, and tips and strategies for growing your net worth through careful forecasting and long-term holds.

Read More

Rent-to-own scheme in condo project wins over PoMo councillors

A series of changes made by The Panatch Group to its proposal to build 358 condo units at 50 Electronic Ave. seems to have won the favour of Port Moody council.

At its meeting July 10, council gave third reading to a series of bylaw amendments that would allow the project — two six-storey buildings with 18,000 sq. ft. of commercial space on the ground floor of the western building — to proceed.

Read More