Financial Management

office-using sectors show relative resilience in COVID-19 job loss scenarios

Canadian Property Management

Office-using sectors show relative resilience

There is plenty of uncertainty and little consensus on the economic outlook for Canada and the United States. It is becoming clear that it will not be a V-shaped recovery, and it is more likely to be uneven and prolonged.
Retail landlords respond to COVID-19-related issues

Canadian Property Management

Retail landlords absorb and counter economic hit

Results of a wide-ranging survey show many major Canadian commercial real estate players braced for the erosion of consumer confidence, tenant solvency and their own investment returns.
climate change

CondoBusiness

Are condos prepared for climate change?

While many condos haven’t yet experienced the major effects of climate change, statistics and case studies foreshadow the impacts that could come.

Canadian Apartment Magazine

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.
Solid pre-pandemic fundamentals underpin Canadian real estate market

Canadian Property Management

Solid pre-pandemic fundamentals buttress market

Thus far, in most markets, there’s been no spurt of office sublets or rent discounts that conventionally signify an economic downturn, but there has been a flurry of conjecture about the forces COVID-19 may have unleashed.
condo amenities

CondoBusiness

Plans for reopening condo amenities

As provinces gradually gear up for reopening and ease some coronavirus restrictions, there are proactive measures and legal concerns condo communities might want to think
Canadians now fill half of BOMA International executive officer positions

Canadian Property Management

Details of CECRA program rollout still emerging

The CECRA program is voluntary. Not all eligible landlords will necessarily take advantage of this program for various reasons.
cobotics

Canadian Facility Management & Design

Outbreak accelerates role of cobotics in cleaning

COVID-19 is expected to push cobotics to the forefront of cleaning as facilities prioritize health and safety more than ever.
Ontario to offset electricity costs with fixed rate for global adjustment in April, May and June

Canadian Property Management

Ontario to temporarily offset electricity costs

Commercial and industrial electricity customers will pay the differential above 11.5 cents per kilowatt-hour in added monthly increments beginning in January 2021.
challenges May 2020

Canadian Apartment Magazine

More challenges in store for rental-housing sector

Challenges due to COVID-19 continue to rock the apartment sector, with landlords fearing a rise in rent arrears as May 1 approaches.
COVID-19's black swan prompts rollout of business continuity and recovery plans

Canadian Property Management

Black swan triggers business continuity plans

Commercial real estate operators are seeking advice across a wide spectrum of expertise as they deploy their crisis management, business continuity and recovery plans.
housing market

CondoBusiness

Housing prices to hold steady during pandemic

Housing prices are forecasted to remain steady through 2020, according to Royal Lepage’s newly released Housing Price Survey and Market Forecast.
CMHC mortgage deferral plan

Canadian Apartment Magazine

CMHC’s mortgage payment deferral plan

To help apartment owners understand CMHC's COVID-19 mortgage payment deferral plan, Collier's Riley Young, Associate Vice President, Capital Markets, walks us through the process.
ergonomic lighting

Canadian Property Management

COVID-19 ripples through to commercial leasing

Landlords and tenants are continuing to move lease transactions forward in anticipation of a return to business as usual in the near future.
Postponed reassessment delays Ontario's next property tax cycle

Canadian Property Management

Ontario to delay next property tax cycle

The move was announced in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.
rent defaults from COVID-19

Canadian Apartment Magazine

Help for landlords facing revenue loss

Apartment owners aren’t just fearing heightened exposure to COVID-19, but the potential onslaught of rent defaults by tenants unable to pay.
redemption gates

Canadian Property Management

Property funds possess stabilizing mechanisms

REALPAC’s recent survey of 15 Canadian open-end real estate funds offers insight into when and why fund administrators would suspend the ability for investors to redeem their holdings.