Management
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.
Canadian Facility Management & Design
A first Passive House retrofit in Halifax
Once complete, it will serve as an inspiration for others pursuing deep retrofits of existing buildings, an endeavour that offers the most hope for reducing greenhouse gas emissions in Halifax.
Canadian Property Management
CRE fosters all-in approach to decarbonization
Daunting net zero targets in the buildings sector are spurring an all-in approach to decarbonization that assigns roles to finance, engineering, management and operational teams.
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 Property Management
DEI progress harder to see in 2023 survey
A jump in participation makes progress harder to see in findings from the third global survey of diversity, equity and inclusion initiatives in the commercial real estate sector.
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 Property Management
Building electrification projects impart lessons
The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
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.
Canadian Property Management
Outdoor lighting principles hail the dark side
Guiding principles for responsible nighttime lighting define how light should be applied, but, first, prospective installers are advised to consider whether lighting is even necessary.
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.
CondoBusiness
A look at the CAO’s draft anti-harassment rule
Harassment towards property managers, directors, contractors, and residents remains a significant problem within condominium corporations.
Canadian Apartment Magazine
Maintaining a safe property through winter
Residential property managers need to be extra vigilant this time of year to ensure their buildings are safe and properly maintained.
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.