View Online | Sign Up | Archives June 20, 2017
London fatal fire sparks high-rise safety concerns
The fatal fire that ripped through a 24-storey apartment tower in London, England, on Wednesday, June 14th, has left the city traumatized. Deemed one of the deadliest apartment fires in recent history, the blaze in the 120-unit Grenfell Tower council housing block has resulted in 79 confirmed deaths and dozens of injuries.
Trends favour Barrie rental housing market
Barrie’s rental housing market looks promising for investors, a new report contends. Steady population growth, expanding employment and postsecondary education opportunities and the ripple effect of Toronto’s soaring housing costs are highlighted among favourable trends.
Regs proposed for short-term rentals in Toronto
City of Toronto staff are proposing that short-term rentals be restricted to the home-sharing variety versus the commercial kind.
How to Invest for Success in a Hot Rental Market
“The rise of permanent renters” has ignited a hot market for apartment buildings. However, investor demand far exceeds supply. There are several things borrowers need to know in order to qualify for financing and prosper in this complex, competitive real estate sector.
Investor demand outstrips multifamily supply
Cap rates in the range of 2 to 3 per cent didn’t deter investors from acquiring approximately $450 million worth of Vancouver apartment buildings in the first quarter of this year.
Anti-harassment legislation fails NY tenants
New York State Attorney General Eric Schneiderman is attempting to amend 1990s-era anti-harassment legislation that has never been successfully employed to convict a rental housing landlord.
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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Planning and design starts for Oakridge site
Planning and design have started for a retail, office and residential redevelopment of the 11.5-hectare (28.5-acre) Oakridge Centre site on West 41st Avenue in Vancouver.
Existing asbestos stockpile raises concerns
At one time, asbestos was used in more than 3,000 different applications around the globe. Today, CAREX Canada says about 152,000 Canadians are exposed to it at work, from construction workers and electricians to plumbing and heating tradespeople and other specialty contractors.
in_the_loop_finance_invest_banner.gif Feds scrutinize real estate deals for tax compliance
The federal government is stepping up its scrutiny of real estate deals in a crackdown on tax cheating, the Canada Revenue Agency (CRA) reported last Friday in a news release.
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Toronto Community Housing in crisis
It has been another tumultuous month for Toronto Community Housing, Canada’s largest social housing provider. The city-run entity with a $9-billion portfolio is once again facing criticism for failing in the upkeep of its 59,000 units—despite a lack of funds, decaying stock, and a wait-list of more than 181,000 people.
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