Industry News

energy efficiency

Affordable modular housing coming to rural Alberta

Individuals and families in rural Alberta will soon have access to modular housing via a new government-funded shipping container project developed through the Alberta Rural Development Network.
carbon pollution amnesty

Feds foil carbon pollution amnesty efforts

Surcharges will apply to 22 different fuel types, but most consumer expenditure is expected to go to gasoline and natural gas price add-ons.

Viva-Cité rental project breaks ground in Montreal

Habitations Trigone and its partner Fonds immobilier de solidarité FTQ recently broke ground on a new rental project, Viva-Cité Saint-Constant, aimed at adults 55-plus.
rent-to-own marketing tactics

New York targets rent-to-own marketing tactics

Through the option-to-purchase approach, prospective homebuyers remained tenants until the end of the option period, but were induced to waive many of their regulatory protections.
GTA condominium apartment sales Q3-2018

Strong GTA rent growth continues into Q3

GTA condo rent climbed 9.4 per cent in Q3-2018 to an average of $3.26 per square foot, according to Urbanation’s Q3-2018 rental market results.

Dave Ramslie named as Clean50 Honouree

Concert's Dave Ramslie, vice president, sustainability, has been named as a 2019 Clean50 Honouree in the Buildings Category.
St. Catherines apartment

Q Management acquires 12 Skyline apartment properties

Skyline Group of Companies announced it has sold a large portfolio of 12 apartments to Toronto-based Q Management LP for $213.5 million.

Tornadoes wreak havoc on Ottawa region

More than 400,000 homes and businesses were left in the dark after three tornadoes ripped through the Ottawa and Gatineau region on Friday, September 21,

CBRE Canada names Werner Dietl CEO

Werner Dietl will succeed Mark Renzoni, as president and CEO of CBRE Canada effective Jan. 1, 2019. Renzoni, will step down at the end of the year after 30 years with the commercial real estate company.
REMI Network

REMI Network earns three 2018 COPA nominations

After winning gold in 2017, the REMI Network is again a Canadian Online Publishing Award finalist for Best Trade Media Website.
Hurricane Florence

Hurricane Florence could swamp asset values

REITs hold more than 5,500 properties in the area flagged for storm surge and other severe weather fallout.
rental housing industry

Record-setting U.S. rent growth continues

U.S. multifamily rents in August maintained the year's torrid pace, according to the Yardi Matrix Multifamily National Report for August 2018.
1235 Marlborough - exterior of building. (CNW Group/The Minto Group)

Minto’s new Oakville rental property now LEED registered

Minto Capital announced that its new purpose-built rental tower, 1235 Marlborough in Oakville, Ontario, is now LEED registered.
National Housing Strategy

Quebec social housing advocacy group launches 28-day march

A social housing advocacy group in Quebec has launched a 28-day march in an effort to raise awareness about social housing issues in the lead-up to the provincial election.
Canadian REITs

Canadian REITs mark 25 years on the TSX

Since the first two listings in 1993, investors can now look to 44 REITs with a collective market capitalization of $62 billion.

FRPO appoints new president and CEO

FRPO announced it has appointed Tony Irwin as its new president and CEO, replacing Daryl Chong who has been the interim president since February 2018.
stop collecting carbon tax

Ontario utilities to stop collecting carbon tax

The Ontario Energy Board must provide direction before the levy can be removed from natural gas bills.