REMI

Financial Management

condos

Who will manage all the future condos in Ontario?

Ontario's condo management industry is calling for change as the province plans to build 1.5 million homes in 10 years, including a large number of new condos.
HVAC

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.
windows

‘Windows’ of opportunity for home retrofits 

In low-rise homes, including condos, up to 35 per cent of heated air can be lost through the windows during the heating season.
Ontario offers bonus incentives on retrofits

Ontario offers bonus incentives for retrofits

Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.
auditor

Auditors and annual general meetings

As we emerge from the pandemic, some boards of directors are considering a return to in-person annual general meetings.
Multifamily remains favoured investment asset

Multifamily remains favoured investment asset

Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
tenant

Rental demand spotlights tenant relationships

As condos supply the surging demand for rental housing many corporations may be experiencing a rise in tenant-occupied units.
condo

Legislation escalating condo manager workloads

There are many problems with having property managers act as a condo’s legal representative in a CAT application.
governance

How technology can revolutionize the governance of shared-ownership properties

What if there was an easy way to improve participation in governance to achieve a higher standard, particularly on questions of significant importance?
labour shortage

Rethinking staffing models amid a labour shortage

How new staffing solutions could improve a property manager’s working conditions and ease the labour shortage.
contractor

Maintaining healthy contractor relationships

Construction and project planning, now more so than ever, must assign realistic expectations of scheduling and staging to meet contractor and material availability.
Condo project financing confronts new math

Condo project financing confronts new math

More cautious criteria for condo project financing could upend some development pro formas and potentially constrain housing starts in the coming months.
condos

Existing condos: rising to modern standards

New regulations from multiple levels of government are forcing condominium boards and property management companies to consider more than just a simple cost-benefit calculation when examining repair and retrofit options.
capital projects

Freeing-up time for capital projects

Achieving a more symbiotic approach to property management requires understanding the crucial tie between leading-edge occupant services and proactive maintenance.
team

There’s no eye for an eye in team

Making decisions as a team and standing together as a team is a key component to success.
condo managers

Creating a career path for condo managers

Rallying future condo managers to join the industry, including young professionals, requires a great deal of awareness, which is currently lacking.
Edmonton

Governing condos in Alberta

Condos are ideally designed to operate with relative simplicity and in a well-managed complex there is a measure of security and community.