Sign Up | Archives August 16, 2016
The GTA rental market today
A new report from Urbanation indicates the GTA rental market is in healthy shape, with tightened conditions due to fewer completions and less turnover.
Upscale rental breaks ground in Quebec
Québec-based GCS Développement immobilier and Fonds immobilier de solidarité FTQ broke ground on Arrondissement 74, an upscale rental building located in a quiet neighbourhood of Québec City, known as Charlesburg.
U.S. report underscores influence of millennials
A new report from Avison Young takes a closer look at millennials and their influence on all aspects of the U.S. economy. Millennials and Re-Urbanization of the City – Closer to the Core emphasises the generation’s effect on commercial real estate, amenities and location.
 
Financing Capital Improvements
Most owners of apartment buildings have either had to, or are currently contemplating capital improvements to upgrade building quality. While many owners consider building improvements, there is often uncertainty about how to finance those upgrades.
 
Real estate investment data standards adopted
A new standardized approach for collecting, measuring and interpreting real estate investment performance data responds to the ever-widening scope of global portfolios and institutional investors’ need for transparency and cross-border consistency.
Partners sell residential component of The Well
Riocan REIT, Allied Properties REIT and Diamondcorp, collectively called The Well JV, have entered into a binding agreement to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP for approximately $180 million, subject to certain closing conditions.
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.
Read more.
Sienna Senior Living acquires B.C. assets
Sienna Senior Living Inc. has completed its previously announced acquisition of a portfolio of B.C. seniors living assets; options to acquire up to a 100 per cent interest at a discount to fair market value in two additional newly built seniors living assets; and a 50 per cent interest in Pacific Seniors Management General Partnership.
Pest prevention for pools and other amenities
A condominium’s amenities should set it apart from competitors, keeping owners and residents happy and suites occupied — at least, that’s the goal. A property manager should have a plan for keeping the amenities in pristine condition. That plan should include pest management, because a building’s amenities are an easy target for pests seeking food and shelter.
Pure Multi-Family internalizes asset management
Pure Multi-Family REIT announced plans to internalize asset management, effective September 1, 2016. In the meantime, the Managing GP will continue to provide services to Pure Multi-Family under the Asset Management Agreement until August 31, 2016.



Vancouver developers to pursue zero emissions
Publicly owned rental housing will be tasked with demonstrating how greenhouse gas emissions from Vancouver’s building stock can be significantly reduced. However, the city’s newly adopted Zero Emissions Building Plan (ZEBP) ultimately demands similar results from all types of new developments, with the goal of entirely eliminating emissions by 2030.
Read More »