Financial Management

Board renewal brings six openings at CMHC

Canadian Apartment Magazine

Board renewal brings six openings at CMHC

Board renewal at Canada Mortgage and Housing Corporation (CMHC) is opening up positions for a new chairperson and five directors.
Ontario keeps clinging to 2016 market values

Canadian Property Management

Ontario keeps clinging to 2016 market values

The recent regulation to postpone Ontario's property reassessment for another year stretches the assessment cycle to double its originally intended time span.
Toronto strives to find more cash

Canadian Property Management

Toronto strives to find more cash

Commercial properties are central to Toronto’s efforts to find more cash as the city government considers how to address massive budget shortfalls projected for 2024 and into the future.
Delinquent loans mount on U.S. office assets

REMI Network

Delinquent loans mount on U.S. office assets

DBRS Morningstar’s recently released status report on commercial mortgage-backed securities counts July as the fourth consecutive month with rising delinquency rates.
workplace

Canadian Facility Management & Design

Workplace macro trends facing facility managers

The tension between employees’ desire to work fluidly and the need for predictability within a business is a key factor affecting workplaces around the world.
CRE loan books undergo U.S. Fed stress test

REMI Network

CRE loan books undergo U.S. Fed stress test

Through a recent stress testing exercise, the U.S. Federal Reserve determined that potential losses on commercial real estate loans pose the second highest risk for lenders after credit cards.
USGBC bell-ringers signal green capital momentum

REMI Network

USGBC bell-ringers signal green capital momentum

The New York Stock Exchange recognized three decades of green building momentum across the United States and its capital markets as the U.S. Green Building Council opened the day’s trading on June 8.
condo

CondoBusiness

Actuaries garner new insight into condo finances

The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
mortgage

REMI Network

Potential homebuyers sidelined waiting for mortgage rates to drop

Housing costs are among the top three sources of financial anxiety for Canadians, after fears of unknown expenses and concerns about their overall financial situation.
Retrofit funds opened via banking aggregator

Canadian Property Management

Retrofit funds opened via banking aggregator

Canada Infrastructure Bank is opening another avenue for small and mid-sized landlords to obtain low-cost financing for decarbonization projects.
HVAC

CondoBusiness

Putting HVAC maintenance in the spotlight

What HVAC contractors do, or don’t do, during maintenance has a significant impact on the repairs, service calls and utilities consumed by mechanical equipment.
REITs unexpectedly tapped for new tax measure

Canadian Property Management

REITs unexpectedly tapped for new tax measure

Advocates for the Canadian commercial real estate industry are asking the federal finance department to clarify why real estate investment trusts have been included in a pending new tax measure.
budget

REMI Network

Overcoming budget challenges in today’s market

Here are a few major points of consideration when building a better budget.
Lender confidence varies by CRE asset class

Canadian Property Management

Lender confidence varies by CRE asset class

Logistics warehouses, multifamily rental buildings, data centres and life sciences labs are tapped as favoured assets in CBRE Canada’s newly released survey of lenders' sentiment.
governance

CondoBusiness

Effective decision-making equals good governance

The essential key to board good governance is effective decision-making, both in and out of the board meeting.
Lucrative tax credits pledged for heat pumps

Canadian Property Management

Lucrative tax credits pledged for heat pumps

Canada’s fall economic statement pledges $6.7 billion over five years to support uptake of a range of clean technologies, including solar heating, air-source and ground-source heat pumps and energy storage.
Push to curb inflation has CRE ramifications

Canadian Property Management

Push to curb inflation has CRE ramifications

Transaction volume had been surpassing pre-pandemic levels until the steepest and most rapid rise in interest rates thus far this century undermined that momentum.