Risk Management

furniture

Lounge furniture targeted as multi-res fire risk

Some condo lobbies may be looking spare lately because the lounge furniture that usually occupies these spaces is being targeted as a fire risk.
risks to commercial real estate

Balancing the risks to commercial real estate

Senior ranking valuation specialists agreed that new uncertainties around fraying trade agreements, political instability and climate volatility have broadened the scope of their worries well beyond rising interest rates.
Accessibility certification

Accessibility certification fills industry void

Much of the existing building stock falls short of the universal design ideal, but RHFAC can help owners/managers identify impediments to access and set priorities to address them.
accessibility

Simple design choices support accessibility

Condominium boards and managers have been increasingly seeking advice on how to make accessibility improvements in older buildings.
lighting design

Lighting design that illuminates condo security

Lighting design can make a big difference in the safety and security of a condominium.
stranded asset potential

Climate risk raises stranded asset potential

Worldwide escalating tallies of damage from storms and drought-related phenomena are indisputably capturing the commercial real estate industry's attention.
elevators

Required upgrades to single-speed elevators lifted

The TSSA recently lifted the requirement to undertake certain upgrades to the controls of single-speed elevators, but it doesn’t mean building owners should abandon modernization.
integrated security systems

Integrated security solutions add new layer

The intrusion detection system (IDS) is slowly being incorporated into integrated security solutions in condominiums.
maintenance fees

How climate change could affect maintenance fees

Maintenance fees are based on historic norms, stable benchmarks and logical predictions. What happens when those predictions no longer fit the weather?
condo insurance claims

Many condo insurance claims arise from liability

Experience as an insurance broker specializing in the condo segment shows that the majority of claims arise from liability.
money laundering via real estate

Money laundering via real estate scrutinized

Recent guidance from the Financial Transactions and Reports Analysis Centre of Canada sets out 39 indicators that should prompt parties involved in facilitating real estate deals to contemplate purchasers' or vendors' motives.
technological innovations

Technological innovations in condominiums

Technology is one of those things that never stops moving, and sometimes it can be daunting to keep up with all the latest advancements out
tree removal

Taking the emotion out of tree removal decisions

It's important to make objective tree removal decisions because the physical condition of these dynamic organisms can deteriorate quickly.
Fort McMurray

Fort McMurray landlords monitor fire from afar

Nearly $2 billion worth of commercial and industrial properties are primarily located outside the fire zone, downtown or in the north part of the city.
winter safety tips for condo managers

Five winter safety tips for condo managers

December has been seasonably mild, so winter safety tips may not be top of mind for condo managers. But now is a good time to prepare for coming weather.
cigarette

Spate of condo blazes sparks safety campaign

A spate of condo blazes in Alberta has reignited conversations about the perennial fire safety risk posed by cigarettes in multi-residential buildings.
apartment

Foreseeable safety hazards spell liability

Beyond the occupier's duty of care — a responsibility that property owners bear toward inhabitants, visitors and trespassers — landlords are also employers subject to health and safety regulations.