The fatal fire that ripped through a 24-storey apartment tower in London, England, on Wednesday, June 14th, has left the city traumatized. Deemed one of the deadliest of its kind in the recent history, the blaze in the 120-unit Grenfell Tower council housing block has resulted in 30 confirmed deaths and dozens of lives still unaccounted for.
An analysis of 62 companies reporting portfolios of at least 10 million square feet to Canadian Property Management's 2017 Who's Who in Canadian Real Estate survey finds two female CEOs, three COOs and 17 CFOs.
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
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.
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.
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.
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.
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
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.
A new report from Urbanation indicates the GTA rental market is in healthy shape, with tightened conditions due to fewer completions and less turnover.
National vacancy levels remain healthy as we move into Q3, supporting strong income stability for owners and investors active in the Canadian apartment market.
As the rental industry grows and changes, so do residential tenancy laws. Joe Hoffer, Partner Cohen Highley LLP, highlights three specific areas of concern.
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.
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.
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...
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.
Window replacement can be expensive, involved and intrusive. It's important to answer four questions before beginning this kind of project in a condo.