Sign Up | Archives December 6, 2016
2016 FRPO MAC Awards honours industry leaders
The 2016 FRPO MAC Awards were held on Thursday, December 1 at the Metro Toronto Convention Centre, providing the industry with the opportunity to recognize and celebrate innovation, quality of work and leadership among Ontario rental housing providers.
Gaslight District sparks new vision for Cambridge
Plans are taking shape for Gaslight District, a $125-million-plus large-scale development in Galt, a community in the regional municipality of Cambridge, which will feature repurposed heritage properties, new high rises and a technology hub.
Tricon Capital Group acquires California portfolio
Tricon Capital Group Inc., a principal investor and asset manager focused on the residential real estate industry, announced that its Tricon Lifestyle Communities investment vertical has acquired a portfolio of three housing communities in California for a total purchase price of $30.4 million.
What Apartment Owners Look For in a Lender
When Kevin Green is contemplating the purchase of a multi-million-dollar apartment building, he wants a lender with expertise in the multi-family asset class. Ideally, the lender should be, “a financial team-mate, partner, advocate,” says Green, president of Greenwin Inc.
Best strategies for saving energy
Rising utility costs are a daunting reality all building owners and operators must face. To determine best strategies for saving energy and offsetting these increases, we spoke to Suneel Gupta, Director of Energy and Sustainability at FirstService Residential Ontario.
Ontario to increase land transfer tax rates
Ontario is increasing land transfer tax (LTT) rates on all types of real property for the first time since 1989. This change would be effective January 2017.
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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UK addresses decline in housing affordability
The United Kingdom’s tight housing market has prompted new government efforts to relieve renting costs and boost the country’s supply of private and public stock.
Toronto home sales climb 16.5 per cent in November
In November 2016, Greater Toronto Area realtors reported 8,547 home sales through the Toronto Real Estate Board (TREB)’s MLS System, which is a 16.5 per cent increase year-over-year.
Facility fights bedbugs with creative invention
Bedbugs are becoming a huge concern in North America, spreading throughout hotels, stores, offices, apartment buildings, on transit and even in healthcare facilities. Bedbugs are not particularly fussy about where they reside; as long as there is a place to hide and a convenient meal close by, they will be quite content.

Rising performance demands for elevators
Given the growing number of high rise residential towers, elevators are more important today than ever before. How has technology advanced to accommodate this heightened demand? What new regulations should property managers be aware of?
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