Industry News
CondoBusiness
Hamilton to get first waterfront condominium
The Real Estate Investment Network of Canada (REIN) recently listed Hamilton, Ont. as one of Ontario’s top real estate investment markets and developer Sonorak Corporation (Sonorak) plans to take advantage of that with a new condominium development on the city’s waterfront.
Canadian Apartment Magazine
Tenant-landlord dispute resolution services grow
As of March 1, residents of southern Alberta will have access to the Residential Tenancy Dispute Resolution Service (RTDRS), a quasi-judicial tribunal created in 2006 to help landlords and tenants resolve disputes quickly and affordably.
Canadian Apartment Magazine
Online platform protects landlord, tenant rights
Launched in late October 2014, a new online platform seeks to ease the process of renting an apartment by protecting the rights of tenants and landlords and making rental information more accessible. Originally available exclusively in Waterloo, Ont., the map-based site, known as Apartmint, has recently expanded its services to Toronto and Windsor, Ont.
REMI Network
Man. zoo showcases geothermal energy system
Manitoba unveiled a renewable district geothermal energy system as part of a polar bear exhibit at the Assiniboine Park Zoo. The Assiniboine Park Conservancy (APC)
REMI Network
ASHRAE and IES revise standard for EB retrofits
To achieve better energy efficiency, ASHRAE and the Illuminating Engineering Society (IES) have revised a standard, creating a more detailed description of procedures for the
Canadian Facility Management & Design
Office furniture manufacturer appoints new CEO
The Global Group (Global), a manufacturer of office furniture, has appointed a new President and CEO to its team. Effective Feb. 10, Joel Feldberg, Global’s former Chief Operating Officer, assumed the role.
REMI Network
Ontario clean-tech projects gets $26.8-mil boost
The Canadian government is investing more than $26.8 million in advanced clean technology projects developed in Ontario. The investment from Sustainable Development Technology Canada’s (SDTC)
Canadian Apartment Magazine
Vancouver project to offer condos, rental units
Sequel 138, a 97-unit affordable housing development located at 138 Hastings St. in Vancouver, B.C., has entered construction. The project offers low to moderate-income families and individuals access to affordable condominiums and rental apartments.
Canadian Apartment Magazine
Starlight purchases Belle Haven Apartments
The previously announced acquisition of North Carolina’s Belle Haven Apartments by the Ontario-governed Starlight U.S. Multi-Family Core Fund (Starlight) has closed. Belle Haven Apartments, a group of seven three-storey, 176-unit garden style apartment complex, was purchased by Starlight for approximately $26.4-million U.S.
Canadian Facility Management & Design
Canary District ready for 2015 Pan Am Games
Construction of the 35-acre CIBC Pan Am/Parapan Am Athletes' Village, known as the Canary District, is now complete and ready to house a total of 10,300 Pan American and Parapan American Games athletes and officials. When the Games begin in July 2015, the Village will feature a YMCA, banks, a coffee shop, a general store, a dining tent, a prosthetic and wheelchair repair centre, and an 18-acre park.
Canadian Facility Management & Design
Youth Recovery Centre nears completion in P.E.I.
Prince Edward Island’s first Youth Recovery Centre is almost complete, thanks to a provincial investment of $800,000. The facility, which entered construction last fall, is part of a $9-million commitment to improving access to youth addictions and mental health treatments throughout the province. The project will be complete in April.
Canadian Facility Management & Design
$16-mil Sask. food centre receives federal support
A new $16-million Saskatchewan Food Industry Development Centre (Food Centre) is being financed, in part, by Growing Forward 2, a federal-provincial-territorial initiative. The new 30,000-square-foot facility will expand the province’s food ingredient processing sector, housing product development, specialized laboratory services, extrusion technology, interim capacity and more.
CondoBusiness
GTA new home sales outpace 10-year average
According to the Building Industry and Land Development Association (BILD), sales of new homes and condominiums in the Greater Toronto Area were just above the 10-year average in January. In the high-rise sector, a total of 825 new condo sales were tracked for the month.
REMI Network
Toronto wins 2015 Ontario Wood Award
The City of Toronto was recognized with a 2015 Ontario Wood Award for repurposing city trees and promoting local wood products and urban forestry services.
CondoBusiness
Karl Lagerfeld to design Toronto condo lobbies
Karl Lagerfeld, a German designer, artist and photographer based out of Paris, France, has partnered with CD Capital Developments and Freed Developments to design two lobbies in the new Art Shoppe Lofts + Condos mixed-use development in Toronto, Ont. The condominium will be the first project in North America to involve Lagerfeld’s influential and creative direction.
REMI Network
Coast to coast real estate trends for 2015: report
Commercial real estate sales across Canada are expected to top $25 billion in 2015, according to Morguard Corporation’s 2015 Economic Outlook and Market Fundamentals Research
Canadian Apartment Magazine
Windsor has cheapest bachelor rents: Rentseeker
According to a recent infographic from Rentseeker, the cheapest major city in Canada in which to rent a bachelor apartment is Windsor, Ont. ($518). The infographic, which is based on data from the Canada Mortgage and Housing Corporation (CMHC), illustrates the average pricing and vacancy rates of rental apartments in cities across Canada.





