Financial Management
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
REMI Network
Overcoming budget challenges in today’s market
Here are a few major points of consideration when building a better budget.
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.
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.
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.
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.
Canadian Property Management
Commercial ratepayers confront widening tax gap
Commercial property tax rates climbed and commercial-to-residential tax ratios widened this year in the majority of large Canadian cities Altus Group surveys for its annual benchmark report.
CondoBusiness
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.