View Online | Sign Up | Archives September 12, 2017
Skyline sells $173M in assets to Q Management LP
Skyline Apartment REIT announced that it has sold $173M in multi-residential real estate assets to Toronto-based Q Management LP. The sale, which closed on Sept. 6, consisted of nine properties and 1,036 apartment units located primarily in the city of Hamilton.
Mixed-use plans for iconic newspaper building
Plans are now solidifying for the Times Colonist Building in Victoria, B.C., which sold to Merchant House Capital Inc. this year.
Land tops Vancouver Q2 investment transactions
Vancouver’s three largest investment transactions for the spring of 2017 surpassed an entire quarter’s worth of activity in Calgary.
Single Speed Elevators Holding Property Owners at Risk
New directives by the Technical Standards & Safety Authority are placing greater liability on property owners with legacy elevator technology. On Aug. 1, 2017, a revised TSSA order went into effect allowing building owners to continue operating single speed elevators – even with their propensity for not levelling with the floor.
Innovation Transforms Historic Landmark Hotel
Built in 1913, the iconic Fort Garry Hotel is one of Winnipeg’s most recognizable architectural landmarks and a National Historic Site of Canada. But despite the timeless aesthetics and classic appeal of the building’s exterior, dated equipment and mechanical systems began to take their toll.
Edmonton Zoning Bylaw changes to increase neighbourhood communication
Edmonton City Council has approved Zoning Bylaw changes that will help increase awareness of upcoming residential construction in established neighbourhoods.
InterRent expands portfolio in Montreal and Hamilton
InterRent Real Estate Investment Trust announced that it has entered into an unconditional agreement to acquire two neighbouring high-rise apartments located at 2121 and 2255 rue Saint Mathieu in Montreal, Quebec.
H&S Building Supplies Ltd. is one of Ontario's premier maintenance supply wholesalers. We specialize in multi-unit residential space; providing quality products, competitive prices, on-time delivery, and product knowledge second to none. We exist to service and supply the property management industry.
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Ontario introduces stricter rules for evicting tenants
The government of Ontario announced it is “curbing abuse of unlawful evictions” by imposing stricter rules on landlords for evicting tenants, beginning September 1, 2017.
NZ quake study gets to heart of housing damage
Seismic performance standards could support both building and cardiovascular resilience, a newly released study of the aftermath of New Zealand’s 2010 and 2011 earthquakes theorizes.
in_the_loop_banner_energy_sus.gif Montreal megaproject pursues WELL Multi-family Residential Certification
HUMANITI, a mixed-use megaproject that will combine a residential, office and commercial space in Montreal, has officially registered to pursue WELL Multi-family Residential Certification for its residential component.
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Cladding falls short in UK combustibility tests
Recently completed laboratory efforts to replicate the conditions of last June’s tragic Grenfell Tower fire, in which an estimated 80 residents died in the rapid conflagration of a 24-storey apartment building, underscore already ominous warnings about the potential combustibility of some wall cladding systems.
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