Sign Up | Archives January 19, 2016
Rental market demand propels sector growth
Given all the new and competing stock that’s now available to prospective tenants, concerns might arise about long-term market sustainability and whether supply will outpace demand. But, as recent data supports, sector growth is expected to remain solid into the foreseeable future with both condo investors and apartment developers happily reaping the rewards.
Top 10 stories to watch in 2016
With 2016 now underway, REMI’s award-winning editorial team takes a look at the top stories from 2015 and how they will continue to impact the commercial real estate management industry.
Older renter demographic is content not to own
A recent consumer survey of Canadian attitudes about mortgage debt offers insight on tenants’ rationale for staying out of the home ownership market. While younger respondents most often cite financial reasons, an older renter demographic indicates it is more of a lifestyle choice.
Understanding the importance of cash flow
Brian Kimmel, Assistant VP of Commercial financing, sees it all the time. A prospective client will approach him looking for financing on what the client thinks 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.
Multi-residential cap rates inch up in Calgary
Multi-residential cap rates took a slight upward course in the fourth quarter of 2015, while remaining generally lower than the national averages for other property types.
Multi-residential investment signals U.S. growth
Multi-residential development and transactions accounted for a significant share of U.S. real estate investment in 2015 during a year when the majority of the nation’s large urban markets enjoyed declining vacancies and rising rents. Analysts now anticipate more of the same in 2016.
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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Park Lawn and Mattamy enter joint venture
Park Lawn Company Limited announced that it has completed the transaction with Mattamy Development Corporation. The parties have entered into a joint venture agreement for the development of the company’s property at 57 Linelle Street, Toronto.
More acclaim for Seattle multifamily project
Seattle’s Stack House Apartments have earned an ASHRAE Technology Award for the engineer behind the multifamily project’s innovative and energy-efficient building systems.
Steep apartment rents spur NYC market trends
Apartment rents in New York City are projected to rise at a greater rate than either housing sales prices or household incomes in 2016. This follows a record-breaking pace in 2015 when the median rent for one-bedroom units in Manhattan jumped 10.7 per cent.