REMI

Asset Management

aging residential towers

Investing in Canada’s aging residential towers

Aging residential towers are in dire need of investment, something the pandemic has underscored given the scores of frontline workers who’ve been disproportionately affected.
COVID-19 clips 2020 investment performance

COVID-19 clips 2020 investment performance

A ten-year run of capital growth abruptly reversed, resulting in a 7.8 per cent loss of value across the 2,356 assets that the 44 portfolios represented in the Canada Annual Property Index hold.
Multifamily assets outperform the 2020 national average total return for the Canada Property Index

Multifamily assets surpass 2020 index average

Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
The Waverley Toronto rental community

Embracing the rich history of the Waverley Hotel

Leasing has begun at Toronto’s newest boutique rental community, The Waverley, which pays homage to the iconic Silver Dollar Room and Waverley Hotel.
multi-suite residential

Investor confidence in multi-suite remains high

Investor confidence in the multi-suite residential and industrial property sectors remained robust throughout 2020, according to Morguard's new economic outlook report.
Canada's apartment market

A hopeful outlook for Canada’s rental market

As the average rent in Canada hit a record low of 9.1 % from a year ago, analysts share a hopeful outlook for Canada's rental market in 2021 and beyond.
Multifamily energy performance

Multifamily energy performance typically vexing

Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.
GRESB adjusts 2020 path for benchmarking ESG performance

GRESB adjusts 2020 path to the stars

More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.
rent growth

Class A apartments hit hardest by pandemic

Although multi-residential housing is fairing better than other asset types, Class A apartments are feeling the strain of the pandemic. What will the road to recovery look like?
Most U.S. markets fall short of Vancouver and Toronto in Q3 2020

Toronto and Vancouver outdo most U.S. markets

Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.
GTHA

Downtown Toronto’s startling rise in vacancies

New data from Urbanation shows a sharp rise in vacancies in downtown Toronto's purpose-built apartments from 0.7 per cent in Q3-2019 to nearly 3 per cent today.
Ontario capital markets set for modernization effort

Ontario capital markets set for rule revamp

Proposals address a range of issues that are likely to be of interest to listed real estate entities and their investors, as well as start-up ventures and other publicly traded service providers to the industry.
multifamily assets

Preference for multifamily assets signalled

Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets. The asset class was the top attractor of investment dollars in Canada’s commercial real estate market during the first half of 2020.
converting hotel

Converting hotels into multifamily apartments

Given the uncertainty of the travel and tourism sector, could converting hotels into affordable apartments serve as an effective solution to the housing crisis?
rent growth

On the road to recovery

New data from Altus Group, Morguard, and Rentals.ca show a slump in sales and declining rental rates as we ease our way down the road to recovery.
Solid pre-pandemic fundamentals underpin Canadian real estate market

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.
challenges May 2020

More challenges in store for rental-housing sector

Challenges due to COVID-19 continue to rock the apartment sector, with landlords fearing a rise in rent arrears as May 1 approaches.