Sign Up | Archives November 22, 2016
GTA apartment transactions down from 2015
According to the latest market report from JLL’s Multi-Residential Advisory Group, 2016 apartment transactions in the GTA decreased by 36 per cent, with sales totalling $594 despite only having 27 per cent fewer suites than last year (4,605 vs. 3,764). In 2015, the first three quarters saw $809 million in total apartment sales.
Ontario announces freeze on apartment property taxes
A new proposal announced mid-November by Ontario Minister of Finance, Charles Sousa, and Minister of Housing, Chris Ballard, promises to take action to address housing affordability across the province.
CRE market hazy amidst looming Trump presidency
In light of Donald Trump being elected as 45th president of the United States, CBRE has issued a statement outlining several of Trump’s proposals that could benefit commercial real estate, and others that could unfavorably affect property markets.
Financing High-Rise Energy Retrofits
In January 2014, the City of Toronto introduced a program to help support energy efficiency and water conservation improvements in rental apartment buildings. The High-rise Retrofit Improvement Support (Hi-RIS) program started out with $10 million in funding, and in its third and final year, still has about $6 million left to distribute to help improve Toronto’s apartment buildings and reduce operating costs.
New plans for mixed-use project Le Phare de Quebec
Groupe Dallaire has unveiled new plans for Le Phare de Québec, a mixed-use development that will be built on Boulevard Laurier and focused around a dynamic public square.
RioCan and Boardwalk team up on mixed-use tower
RioCan is partnering with Boardwalk to develop a mixed-use tower at RioCan’s Brentwood Village Shopping Centre in Calgary.
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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New study looks at IoT in multi-unit dwellings
The Continental Automated Buildings Association, through its Connected Home Council, has launched a collaborative research study entitled “Connected Multi-Dwelling Units (MDUs) and Internet of Things (IoT)."
Timbercreek launches investment microsite
Timbercreek Asset Management announced it has introduced a new investment microsite, which provides educational information and valuable resources to financial professionals so they can better identify quality opportunities for their clients.
Living walls cultivate air quality and wellbeing
Maintenance is a key component of any successful living wall and should be performed at least once a month. Pruning, removal of dead plant material, preventative pest management, inspection and calibration of irrigation systems, fertilizer and nutrient top ups, as well as occasional system repairs and plant replacement should all be performed.

Creating the ultimate modern laundry room
Creating a more up-to-date, user-friendly laundry room with the latest technologies and high-efficiency machines will help property managers attract new renters, save on utility costs and add value to the property.
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