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Avenue Living fined for safety violation

The Calgary-based rental housing provider pleaded guilty under its legal name, Boulevard Real Estate Equities Ltd., for an incident that caused a worker injury.

REMI Network

Q4 overflow spurs Montreal investment deal volume

Sales value topped $2 billion for the fourth consecutive quarter, albeit at a lower total than was achieved in the second to fourth quarters of 2019.

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.

Canadian Apartment Magazine

European landlords pursue longer term leases

Short-term rental housing providers in major European cities are now pursuing local tenants and advertising more mid- and long-term availabilities as a hedge against slumping international travel.

Canadian Apartment Magazine

Medium-term rental agreements plunge across EU

The platform typically boasts about 50,000 active listings for rental accommodations, stretching across several European markets that have suffered high rates of COVID-19.

Canadian Apartment Magazine

Quebec landlords to be queried on financial stress

Quebec's largest rental housing association has released a flurry of messages to frame issues around rent payment for the public, the Quebec government and landlords themselves.

Canadian Property Management

Multifamily and retail stability on priority list

Some of Canada’s most prominent commercial real estate players are tackling the challenge of COVID-19, asset class by asset class.

Canadian Property Management

New Brunswick property tax relief set for 2021

Commercial ratepayers will see a phased 15 per cent cut in the property tax rate, in step with previously promised tax reductions for residential landlords.

Canadian Apartment Magazine

Purpose-built rental drives U.S. MURB market

A new report from Harvard University's Joint Center for Housing Studies explores the condition of rental housing stock, the demographics of tenant households, market dynamics and the erosion of affordability.

Canadian Apartment Magazine

Low yields not deterring multifamily investment

Multifamily assets delivered the lowest income return of the property sectors to institutional investors in the Canada Property Index last year, but produced strong total returns on a foundation of 7.3 per cent capital growth.

Canadian Apartment Magazine

Push to broaden pet-friendly parameters

Animal welfare advocates in the United States are funding research to explore the mutual benefits for people and pets when they live together.

REMI Network

Toronto grants new funding for waste reduction

Condo and apartment boards in Toronto looking to advance their waste reduction goals can now apply for a new community grant of up to $25,000.

CondoBusiness

Housing to launch Square One District build-out

The first pieces of an envisioned 130-acre new mixed-use community adjoining Mississauga's Square One Shopping Centre should be underway later this year.

CondoBusiness

Code changes fine-tune Ontario condo soundscape

As of January 1, developers will no longer have to meet a challenging standard for the comprehensibility of voice communications systems, and they can take an alternative approach to calculating sound transmission between dwelling units.

Canadian Apartment Magazine

Multifamily asset class wins lender confidence

Lenders to the Canadian commercial real estate industry aren't losing much sleep over their allocations to the multifamily asset class, as just 2.2 per cent of recent survey respondents report concerns about its prospects.

Canadian Property Management

The tech-savvy resident

It's a content-streaming, always connected, on-the-go world of online entertainment, and multi-residential customers expect nothing less.

Canadian Apartment Magazine

Ontario to scrap obscure rental housing statute

The Residential Complex Sales Representation Act is among dozens of statutes and regulations tagged for revision or outright repeal in proposed omnibus legislation introduced in late October.