Asset Management

rent control in Ontario

Push for revised rent control in Ontario

The controversial topic of rent control in Ontario is back in the news after two Toronto City councillors voiced concerns about what they are calling “unethical” rent hikes across the GTA
for rent

Top rental trends of 2016

With over 395,000 live listings currently in its real estate channel—of which, over 83,000 listings are apartments and condos for rent—Kijiji’s rental listing data provides a great window into Canadian rental trends.
real estate education

New Canadian context for real estate education

The newly released textbook packages universal principles and domestic context into one 500+-page compendium devised to impart a grounding in real estate fundamentals, transactions and the multidisciplinary oversight of income properties.
water sub-metering

Tapping into water savings

Many building owners today are familiar with electricity sub-metering and its proven energy and cost savings, but few understand the technology and the savings that can be incurred from water sub-metering.
GTA condominium home sales

GTA apartment transactions down from 2015

According to the latest market report from JLL’s Multi-Residential Advisory Group, GTA apartment transactions have decreased by 36 per cent compared to the same period last year.
apartment market

Canada’s apartment market today

Canada’s apartment market continues to capture the attention of investors craving stability in what has become an uncertain economic backdrop. Notably, Calgary apartment market conditions have
Real estate status

Real estate status upgrade heralds new investors

The reclassification from an industry group within the financials sector formally occurs on September 1, and will also introduce a new term for real estate investment trusts (REITs), which will become known as Equity REITs.
rental market

The GTA rental market today

A new report from Urbanation indicates the GTA rental market is in healthy shape, with tightened conditions due to fewer completions and less turnover.
apartment market

Q2 2016 apartment market summary

National vacancy levels remain healthy as we move into Q3, supporting strong income stability for owners and investors active in the Canadian apartment market.
residential tenancy laws

Keeping up with residential tenancy laws

As the rental industry grows and changes, so do residential tenancy laws. Joe Hoffer, Partner Cohen Highley LLP, highlights three specific areas of concern.
multi-unit

Cogeneration sparks apartment sector interest

Cogeneration in Canada is no longer just for hospitals and industrial facilities—multi-residential property owners are beginning to take note of this energy savings technology, too.
condominium apartment

Rental market demand propels sector growth

A new report from Urbanation suggests rental market demand is hot given both condo rentals and purpose-built construction starts saw record numbers in 2015.
rsz_affordable_housing_

An affordable remedy to a national crisis

Affordable housing shortages for working Canadians have hit critical levels in most major cities across Canada. For years, grim statistics of growing waitlists far outpacing the number of affordable rental units under construction have made headlines nation-wide. Despite the alarming numbers, not much in the way of viable, sustainable solutions have been presented. That is, until now...
Toronto CityPlace

GTA cap rate hits new benchmark low

The average cap rate in the GTA for the third quarter of 2015 (Q3’15) hit its lowest level in the last 30 years. Cap rate in Q3’15 stood at 3.75 per cent, down from 4.2 per cent in Q2’15 and down almost 50 per cent from the 6.3 per cent posted in Q3’10.
Empty Room

Insight into window replacement in condos

Window replacement can be expensive, involved and intrusive. It's important to answer four questions before beginning this kind of project in a condo.
Toronto

Apartment transactions up versus Q1 last year

Apartment transactions totaling $328 million contributed12 per cent to the overall first quarter dollar volume, with 37 properties trading in excess of $1 million.
propertymeasurement

Property measurement standard goes global

BOMA Canada and REALpac are part of the global coalition supporting the new International Property Measurement Standard