Financial Management

On the road to recovery

New data from Altus Group, Morguard, and Rentals.ca show a slump in sales and declining rental rates as we ease our way down the road to recovery.
Solid pre-pandemic fundamentals underpin Canadian real estate market

Solid pre-pandemic fundamentals buttress market

Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
challenges May 2020

More challenges in store for rental-housing sector

Challenges due to COVID-19 continue to rock the apartment sector, with landlords fearing a rise in rent arrears as May 1 approaches.
COVID-19's black swan prompts rollout of business continuity and recovery plans

Black swan triggers business continuity plans

Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.
CMHC mortgage deferral plan

CMHC’s mortgage payment deferral plan

To help apartment owners understand CMHC's COVID-19 mortgage payment deferral plan, Collier's Riley Young, Associate Vice President, Capital Markets, walks us through the process.
Postponed reassessment delays Ontario's next property tax cycle

Ontario to delay next property tax cycle

The move was announced in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.
rent defaults from COVID-19

Help for landlords facing revenue loss

Apartment owners aren’t just fearing heightened exposure to COVID-19, but the potential onslaught of rent defaults by tenants unable to pay.
economic recession

Rental market outlook: March 2020

A look at what's influencing Canada's rental market in March 2020 and how the COVID-19 pandemic will impact property managers in the near and long term.
redemption gates

Property funds possess stabilizing mechanisms

REALPAC’s recent survey of 15 Canadian open-end real estate funds offers insight into when and why fund administrators would suspend the ability for investors to redeem their holdings.
GTA rental market Aug 2019

Elevated immigration fuels GTA rental market

A strong GTA rental market fuelled by favourable demographics lifted transaction velocity 8 per cent over the four quar­ters ending at mid-year 2019, according to a new report from Marcus & Milichap.
rental housing regulator

Backlog plagues Quebec rental housing regulator

Quebec's largest rental housing association maintains fewer cases would go to la Régie du logement if landlords were entitled to ask for security deposits.
home prices

Rent sticker shock awaits Canadians in the U.S.

Asking rents in the five largest American cities of New York, Los Angeles, Chicago, Houston and Phoenix appear moderately to dramatically steeper than Canadian tenants typically pay.
COVID-19 fallout

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
condo price

Renovating your apartment: Is it worth it?

Renovations or retrofits to an investment property that increase rents and/or decrease operating costs may also increase a property’s value. Cost and value, however, are not synonymous, and not all renovations are as profitable as one might expect.

Affordable rental housing on national agenda

As 2019 begins, Canadians continue to face a well-chronicled slate of challenges when it comes to finding affordable rental housing. Here, housing experts share their insights...and even a few solutions.
Commercial ratepayers

Few favours for commercial ratepayers in 2018

Tax ratios for 11 of Canada's largest cities demonstrate that commercial ratepayers consistently carry a disproportionate share of the municipal property tax burden.
senior amenities

Services and amenities for aging Canadians

Planning to build a retirement home? CMHC recommends developers consider the following key factors before investing in on-site services and amenities.