Financial Management
Canadian Facility Management & Design
Tenant lounge reborn from vacant retail space
A former convenience store, adjacent to the lobby inside a downtown Toronto office tower, has been transformed into a private 1920s-style Art Deco lounge for tenant meetings and events.
CondoBusiness
WELL evolves into residential communities
Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
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.
Canadian Facility Management & Design
Canada far from meeting accessibility goals
Federally-regulated organizations will need to prioritize specific actions that advance accessibility and disability inclusion by 2040.
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.
Canadian Facility Management & Design
State of good repair lags in City of Toronto
Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
Canadian Property Management
Investment returns show slipping values in 2023
Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
Canadian Apartment Magazine
The push for more purpose-built rental housing
Strong rental demand continued to outpace supply in 2023 resulting in less available purpose-built rental apartments and lower affordability, according to new report from CMHC.
CondoBusiness
Pushing for a workplace culture shift
Condo managers are familiar with hostile work environments, but cases of harassment and intimidation, and even violence, have reportedly increased due to a confluence of factors.
Canadian Apartment Magazine
Clamping down on renovictions
Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
CondoBusiness
Overhauling reserve funds in Ontario
As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.
Canadian Apartment Magazine
Uncertainty leads to rising costs
The biggest challenge for many real estate owners in 2024 will be finding affordable insurance coverage to protect their buildings.
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.
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.
Canadian Property Management
Lenders set to curtail office exposure in 2024
Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
Canadian Apartment Magazine
The road to more rental housing
Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
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.