Sign Up | Archives May 9, 2017
Toronto Community Housing in crisis
It has been another tumultuous month for Toronto Community Housing, Canada’s largest social housing provider. The city-run entity with a $9-billion portfolio is once again facing criticism for failing in the upkeep of its 59,000 units—despite a lack of funds, decaying stock, and a wait-list of more than 181,000 people.
Minto Capital acquires Radisson place in Calgary
Minto Capital Management Inc. announced the acquisition of Radisson Place in Calgary, Alberta. Radisson Place is a 12-storey multi-residential building east of downtown Calgary, complete with 11,400 square feet of commercial space.
GTA condo lease transactions up 3.5 per cent in Q1
Greater Toronto Area realtors reported 6,680 condominium apartment lease transactions during the first quarter of 2017, an increase of 3.5 per cent year-over-year, according to the Toronto Real Estate Board.
 
Understanding the Importance of Cash Flow
First National's Brian Kimmel sees it all the time. A prospective client will approach him looking for financing on what they think is a valuable property. Kimmel does a cash flow analysis and delivers news that’s often shocking. From a cash flow perspective, the building isn’t worth what the borrower thinks.
 
Making bins more convenient boosts recycling rates
Researchers at The University of British Columbia released a new study showing that placing bins 1.5 metres away from suite doors drastically boosts recycling and composting rates by 141 per cent.
Draft plan unveiled for Port Credit waterfront development
West Village Partners recently purchased a 72-acre former oil refinery site in Port Credit, Ontario, and will be working with residents and stakeholders to transform the lands into a live-work-play waterfront community.
H&S Building Supplies Ltd. is one of Ontario's premier maintenance supply wholesalers. We specialize in the multi-unit residential space; providing quality products, competitive prices, on-time delivery, and product knowledge second to none. We exist to service & supply the property management industry.
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How to prolong the lifespan of lighting systems
Facilities and properties everywhere are switching to more efficient lighting technology. Older lighting technologies such as metal halide, high pressure sodium (HPS), or even fluorescent are slowly becoming obsolete and being replaced with evolving solid-state lighting technology.
Problematic market conditions persist: CMHC
Although conditions in Canada’s housing markets are showing some signs of improvement, Canada Mortgage and Housing Corporation (CMHC) is still holding the official overall rating of the country’s housing market at “strong evidence of problematic conditions.”
Commercial electricity customers mull decision
The Ontario government’s promised electricity cost adjustments have transformed a projected three per cent increase into a 17 per cent reduction for the average residential customer.



Getting the most from your swimming pool
Whether it’s a standard outdoor swimming pool or a luxurious indoor facility with a spa, pools make wonderful amenities that appeal to all tenant types. To help building owners get the most out of their pools, we spoke with Martyn Knowles, Commercial Sales Manager for Hayward Canada and Certified Pool Operator.
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