Forward | Unsubscribe | Sign Up | Archives December 23, 2016
THIS WEEK'S TOP 5 TRENDING STORIES
1. Stricter rules ahead for GTA apartment owners
Toronto city council has approved a plan that will impose stricter rules on apartment building owners, but may inadvertently lead to higher rents for tenants. The new regulatory program, which is expected to cost $5 million and aims to be in place by the summer of 2017, will require rental property owners to register their buildings with the city for an annual registration fee of $10.60 per rental unit and comply with an ongoing inspection regiment.
 
2. A primer for real estate investment decisions
Climate volatility, energy costs and a growing backlog of required capital expenditure are projected to drive real estate investment decisions in the near and long term.
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3. SmartREIT to begin first residential project
Smart Real Estate Investment Trust and Mitchell Goldhar have announced they will soon begin the marketing and development of their first high-rise residential project.
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4. Vancouver firm designs largest U.S. mass timber building
Results from the Business Advantage 2016 Workplace Index survey found that workers in different age groups have various levels of motivation and unique office preferences.
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5. Fortress receives OMB approval for two project proposals
The Ontario Municipal Board has approved two future residential housing development proposals submitted by Fortress Real Developments (Fortress).
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