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REMI Network

Auditor General flags several condo sector oversights

Ontario's Auditor General Bonnie Lysyk revealed major concerns in her first audit of the condo sector and its two authorities.

Canadian Apartment Magazine

Avenue Living surpasses $2 billion in assets

Avenue Living announced it has surpassed $2 billion in assets under management during the COVID-19 pandemic, growing by 30 per cent since December 2019.

Canadian Facility Management & Design

Safety body advised to redeploy resources

Ontario’s Electrical Safety Authority (ESA) has been advised to place greater priority on the scrutiny of complex installations and adopt technologies to better support efficient, cost-effective service delivery.

REMI Network

REMI Network extends COPA nomination streak

Fittingly for 2020, both nominations for the Canadian Online Publishing Awards are tied to reporting how the property and facilities management sectors responded to the challenges of COVID-19.

Canadian Facility Management & Design

StorageVault completes $220-million deal

Six vendor groups were involved in the deal for 13 store locations and a vacant land parcel.

Canadian Apartment Magazine

First virtual MAC Awards honours best of 2020

The first virtual MAC Awards honouring achievements in Ontario's rental housing sector was held Thursday, December 3, 2020.    

REMI Network

Townhouse demand up during pandemic: report

The supply of townhouse land remains scarce. As a key component of the “missing middle,” this land is often prohibitively expensive in urban areas.

Canadian Apartment Magazine

Ontario’s new standard lease form

The Province of Ontario has updated its standard lease form to take into account RTA changes that were introduced last July by Bill 184.

Canadian Apartment Magazine

CAPREIT acquires newly completed Halifax rental property

CAPREIT announced it has purchased a newly constructed Halifax rental property, located in the suburb of Bedford, for $11.9 million. 

REMI Network

Mixed-use restoration set for 150-year-old church

A Toronto developer is converting an historic church in Ingersoll, Ontario, into a mixed-use hub of office, event and retail space.

REMI Network

NRC’s new advanced materials research facility opens in Mississauga

The National Research Council's new advanced materials research facility, now open in Mississauga, will serve as a national clean energy hub.

REMI Network

GTA rents continue to decline

GTA rents continue to decline, with condo rentals in downtown Toronto seeing the most significant drop in rates at 16 per cent.

Canadian Apartment Magazine

Low-income households foiled on energy savings

Prince Edward Island and Nova Scotia are the top spenders to alleviate energy cost pressures on low-income households among Canadian provinces.

REMI Network

New standard for accessible homes announced

The a new, national standard for affordable, adaptable and accessible homes will form the foundation of a new Rick Hansen Foundation Accessibility Certification module.

Canadian Property Management

Bond rate signals to institutional investors

A 100 basis point slide in the 10-year Canada bond rate over the course of the COVID-19 pandemic contributes to real estate’s continuing allure for institutional investors.

Canadian Apartment Magazine

CAPREIT acquires two Ottawa rental properties

CAPREIT announced it has waived conditions on the acquisition of two Ottawa rental properties for a total purchase price of $95.5 million.

Canadian Property Management

CERS applications to be accepted as of Nov. 23

Legislation to enable the Canada Emergency Rent Subsidy (CERS) received parliamentary approval late last week and an online application portal was expected to be operational for Nov. 23.