Financial Management

accessibility

Canadian Facility Management & Design

Canada far from meeting accessibility goals

Federally-regulated organizations will need to prioritize specific actions that advance accessibility and disability inclusion by 2040.
Exposure to U.S. office loans grows unsettling

Canadian Property Management

Exposure to U.S. office loans grows unsettling

Regional and mid-sized banks in the United States are considered most vulnerable to losses on commercial real estate loans, particularly those tied to that country’s shaky office sector.
State of good repair lags in Toronto

Canadian Facility Management & Design

State of good repair lags in City of Toronto

Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
Investment returns show slipping values in 2023

Canadian Property Management

Investment returns show slipping values in 2023

Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
purpose-built housing

Canadian Apartment Magazine

The push for more purpose-built rental housing

Strong rental demand continued to outpace supply in 2023 resulting in less available purpose-built rental apartments and lower affordability, according to new report from CMHC.
managers

CondoBusiness

Pushing for a workplace culture shift

Condo managers are familiar with hostile work environments, but cases of harassment and intimidation, and even violence, have reportedly increased due to a confluence of factors.
renovictions

Canadian Apartment Magazine

Clamping down on renovictions

Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
reserve funds

CondoBusiness

Overhauling reserve funds in Ontario

As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.
insurance

Canadian Apartment Magazine

Uncertainty leads to rising costs

The biggest challenge for many real estate owners in 2024 will be finding affordable insurance coverage to protect their buildings.
insurance

CondoBusiness

What’s next for condominium insurance?

Timely maintenance and improvements will play an important role in securing favourable coverage terms and avoiding delays in the renewal process.
Interest rates subdue multifamily development

Canadian Apartment Magazine

Interest rates subdue multifamily developers

Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
Lenders set to curtail office exposure in 2024

Canadian Property Management

Lenders set to curtail office exposure in 2024

Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
fall economic statement

Canadian Apartment Magazine

The road to more rental housing

Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
Commercial ratepayers carry heftier tax share

Canadian Property Management

Commercial ratepayers carry heftier tax share

Commercial ratepayers took on a larger share of the property tax burden in eight of 11 large Canadian cities this year, with 2023 commercial tax rates more than tripling residential tax rates in six of those cities.
Conversion momentum draws on combo of factors

Canadian Apartment Magazine

Conversion momentum draws on combo of drivers

Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
Distressed asset sales remain a steady fraction

Canadian Property Management

Distressed asset sales remain a steady fraction

Distressed asset sales were a nominal and relatively consistent fraction of the Canadian commercial investment property market in the first half of 2023.
Promises aplenty ahead of Manitoba election

Canadian Property Management

Promises aplenty ahead of Manitoba election

Manitobans are hearing promises aplenty as political parties offer up tax cuts, rate freezes and incentive programs ahead of the provincial election, set for October 3.