Financial Management
Ontario tables 2021 rent freeze legislation
With Ontario's Bill 204 now tabled, paralegal Paul Cappa sheds light on what the unprecedented rent freeze means for the province's smaller landlords.
Ontario capital markets set for rule revamp
Proposals address a range of issues that are likely to be of interest to listed real estate entities and their investors, as well as start-up ventures and other publicly traded service providers to the industry.
Ontario announces plan to freeze rents
Rental housing sector responds to Ontario's announcement that it intends to freeze rents in 2021, a move that has blindsided the industry.
Preference for multifamily assets signalled
Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets. The asset class was the top attractor of investment dollars in Canada’s commercial real estate market during the first half of 2020.
Rental demand in Canada’s major urban centres
Measures to limit the spread of COVID-19 and protect Canadians’ health are contributing to a significant interruption in rental demand.
Converting hotels into multifamily apartments
Given the uncertainty of the travel and tourism sector, could converting hotels into affordable apartments serve as an effective solution to the housing crisis?
Ontario Electricity Rebate applied unevenly
Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.
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 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.
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.
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’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.
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.
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.
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.
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.
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.