Management

Class A apartments

Class A apartments hit hardest by pandemic

Although multi-residential housing is fairing better than other asset types, Class A apartments are feeling the strain of the pandemic. What will the road to recovery look like?
Most U.S. markets fall short of Vancouver and Toronto in Q3 2020

Toronto and Vancouver outdo most U.S. markets

Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.
rise in vacancies

Downtown Toronto’s startling rise in vacancies

New data from Urbanation shows a sharp rise in vacancies in downtown Toronto's purpose-built apartments from 0.7 per cent in Q3-2019 to nearly 3 per cent today.
hydro cost hit postponed with extended eligibility for Ontario Electricity Rebate

Rebate extension postpones hydro cost hit

The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.
student housing

Student housing without the students

The lack of students to fill rental units near universities and colleges has Montreal student housing landlords looking for alternate solutions.
summer peak demand unexpected in electricity system models

COVID-19 confounds electricity system models

After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.
prompt payment bill 37

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 modernization effort

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.
15-minute city

 ‘15-minute city’ making a comeback

As urban planners re-evaluate the way our cities were designed through the lens of today’s health and wellness needs, the concept of 'the 15-minute city' is making a comeback.
freeze rents

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.
multifamily assets

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

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 hotel

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?
Many hydro accounts for common areas in large multi-residential buildings will no longer qualify for the Ontario Electricity Rebate as of November 2020

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.
Bill 184

The pros and cons of Bill 184

Ontario’s Bill 184 has raised the ire of tenant advocacy groups over concerns it will drive renters further into debt while making evictions easier for landlords.
multi-residential building design

COVID-19’s impact on multi-res building design

Jonathan King, principal at the architectural firm BNKC, discusses the future of multi-residential building design in the aftermath of COVID-19.
Class A apartments

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.