Financial Management

Resilience still lacks climate action profile

Canadian Property Management

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Defaulted real estate loans on the upswing

Canadian Property Management

Defaulted real estate loans on the upswing

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Shelved takeover attempt resets hotel rivals

REMI Network

Shelved takeover attempt resets hotel rivals

Choice Hotels International has retreated from its nearly year-long effort to take over Wyndham Hotels & Resorts, withdrawing its share purchase offer and slate of board candidates.
Taxing debate awaits Toronto commercial parking

Canadian Property Management

Taxing debate awaits Toronto commercial parking

Debate about a proposed surcharge on commercial parking spaces in Toronto has been deferred until City Council begins to consider 2025 budget measures.
Sustainable finance quest spurs global alliance

Canadian Property Management

Sustainable finance quest spurs global alliance

Green building proponents in Australia, the United Kingdom and the United States are joining forces to produce and promote guidance on sustainable finance options for real estate.
Clean energy projects serve mix of purposes

Canadian Property Management

Clean energy projects serve mix of purposes

Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
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.
Construction cost escalators still in play

CondoBusiness

Construction cost escalators still in play

Construction costs are generally highest in Vancouver across all multifamily categories, including low-, mid- and high-rise concrete buildings and low-rise wood-frame apartments up to six storeys.
mortgage

CondoBusiness

Mortgage tips for new and existing condo owners

While the monthly fees and mortgage process can differ slightly from traditional property ownership, condos are an opportunity to grow with your community and have a say in maintaining the structure, amenities and more.
AB security deposits to resume earning interest

Canadian Apartment Magazine

AB security deposits resume earning interest

Under the triggering formula in Alberta regulations, residential rental security deposits will resume earning interest in 2024 for the first time in 16 years.
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.
capital repair

CondoBusiness

Unintended consequences in capital repair planning

Capital repair planning in the condominium market is a crucial aspect of maintaining and improving aging buildings. However, it is essential to recognize that decisions made in this process can have unintended consequences.
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.
minimum wage

CondoBusiness

The impact of minimum wage increases

This minimum wage increase is larger than most in recent history, second only to that imposed on January 1, 2018.
NB funds advance preparations for new housing

Canadian Apartment Magazine

NB funds advance preparations for new housing

The New Brunswick government is promising up to $22.5 million annually to underwrite pre-construction studies and core infrastructure needed to support new housing development in small communities.
Big six banks feeling little office fallout

Canadian Property Management

Big six banks feeling little office fallout

The credit rating service, DBRS Morningstar, is reiterating a general negative outlook for office properties, while highlighting lending and underwriting trends that have limited exposure for Canada's big six banks.