Financial Management

succession planning

The perils of ignoring succession planning

REITs and PERE managers face a unique challenge in developing succession planning strategies that identify the next generation of leaders.
condo auditors

What board directors should ask condo auditors

It’s important for board members to review the draft financial statements and know what questions to ask their condo auditor before giving their approval.
decisions about money

Condo corporation facing a special assessment?

Making tough financial decisions will never be easy, but making the right tough decisions gets easier if condo directors follow these five principles.
HST

HST misconception a sleeping giant

HST has been flying under the radar and could become a potentially significant liability for condo corporations.
facilities manager

Moving up from supervisor to facilities manager

So a facilities management supervisor wants to make the move to facilities manager. There are a few reality checks to consider first.
range anxiety

Retail leader buckles down on EV range anxiety

CF's national electric vehicle charging program will add 45 networked chargers at 15 shopping centres, helping to ease range anxiety and ramp up EV sales.
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?
FMs

How FMs can get recognized for their work

Amid persisting misconceptions about the role of FMs, experts shared tips on showing the value of facilities management in a PM Expo seminar last fall.
condominium audit

Condo audits uncover four common issues

During condominium audits, certain issues related to financial or operational matters may need to be highlighted to management and the board.
office staging

Courting tenants with office staging a rising trend

Office staging is increasing among landlords who are refreshing existing space with new build outs in order to remain competitive.
real estate education

New Canadian context for real estate education

The newly released textbook packages universal principles and domestic context into one 500+-page compendium devised to impart a grounding in real estate fundamentals, transactions and the multidisciplinary oversight of income properties.
condominium

Five top talking points for condo communities

Generate the biggest bang for the corporation’s communication buck by focusing on five important talking points.
reserve fund

Coming back from reserve fund shortfalls

In an ideal world, condominium owners are satisfied with the way their corporation is run, fees are comparable to the condominium down the street, major
technology trends

Eight technology trends that could impact CRE

Eight technology trends have recently been flagged in a new global report, spanning various regions and industries, including real estate.
performance management

Building a performance management system

Performance management systems in facility management can take many forms, from simple operations and maintenance plans and spreadsheets to complex integrated technology systems. These systems
Gen Z

Preparing the workplace for Gen Z

If organizations want to be ready when Gen Z enters the workforce five years from now, it’s time to start designing with this demographic cohort in mind, says Kay Sargent.
gender equality

Push for gender equality in CRE industry

The struggle for gender equality in the Canadian workplace is a matter of priority as recent studies reveal a lack of women in corporate leadership roles.