Financial Management

apartment market

Canada’s apartment market today

Canada’s apartment market continues to capture the attention of investors craving stability in what has become an uncertain economic backdrop. Notably, Calgary apartment market conditions have
apartment market

Q2 2016 apartment market summary

National vacancy levels remain healthy as we move into Q3, supporting strong income stability for owners and investors active in the Canadian apartment market.
apartment construction

Multi-unit starts expected to slow in 2016

According to CMHC's Q2 Housing Market Outlook , multi-unit starts are expected to slow for the remainder of the year, then stabilize in 2017.
zoning

Ontario opens way to inclusionary zoning

New inclusionary zoning legislation in Ontario could soon give municipalities the power to require that builders include affordable housing units in all new residential developments. If passed, the Promoting Affordable Housing Act, 2016, will be the first of its kind in Canada and could take effect in early 2017, if not sooner.
multi-unit

Cogeneration sparks apartment sector interest

Cogeneration in Canada is no longer just for hospitals and industrial facilities—multi-residential property owners are beginning to take note of this energy savings technology, too.
zoning

GTA apartment market trends and transactions

RealNet Canada Inc. announced 2015 GTA apartment market results, noting that total dollar volume for the 12-month period reached $1.7 billion, representing a year-over-year increase
Top 10 commercial real estate stories to watch in 2016

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
Smiling woman holding a white banner with words " welcome refugees"

Welcoming Canada’s newest tenants

FRPO’s Mike Chopowick offers landlords important dos and don’ts for screening refugees as prospective tenants, and highlights a few goodwill initiatives.
rsz_affordable_housing_

An affordable remedy to a national crisis

Affordable housing shortages for working Canadians have hit critical levels in most major cities across Canada. For years, grim statistics of growing waitlists far outpacing the number of affordable rental units under construction have made headlines nation-wide. Despite the alarming numbers, not much in the way of viable, sustainable solutions have been presented. That is, until now...
Toronto CityPlace

GTA cap rate hits new benchmark low

The average cap rate in the GTA for the third quarter of 2015 (Q3’15) hit its lowest level in the last 30 years. Cap rate in Q3’15 stood at 3.75 per cent, down from 4.2 per cent in Q2’15 and down almost 50 per cent from the 6.3 per cent posted in Q3’10.
architecture

Managing your property as an asset

For years, the purpose-built rental  industry has followed the same general practises. As building managers, developers and financiers, we tend to focus on the lease-up,
low-income housing

Boosting Canada’s low-income rental market

Affordability is a concern for many Canadians, but low-income rental households face the greatest set of challenges. With the federal election fast approaching, party leaders have been busy unveiling plans to tackle what is being dubbed an “affordable housing crisis.”
home sales

GTA apartment market summary: Q2 2015

After a sluggish opening three months in the GTA, the second quarter rebounded convincingly to reach its fifth best quarter of all-time in dollar volume, totaling $3.6 billion
cap-and-trade costs

Utilities flagged for cap-and-trade costs

Ontario's greater reliance on natural gas heating will likely make cap-and-trade charges more noticeable than they have been thus far in Quebec.
home sales

2013 sets the bar for GTA apartment market

Following a breakthrough year in 2013, 2014 saw the GTA apartment market return to its normal supply and demand dynamic. What do the statistics tell us?
Hoarder House overflown with stuff

How to identify predatory tenants

Steps to help landlords identify predatory tenants before they slip through the front door, creating a costly stream of havoc in their wake.
energy reporting

GTA apartment market upbeat in first half

Marcus & Millichap released its bi-annual Apartment Market Report in mid-November, highlighting steady job growth and strong apartment demand in the Greater Toronto Area.