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Milestones

Construction of new Toronto apartments hits 25-year high

Posted in Appraisal, CMHC, Communications, Development, Finance, Housing, Industry Trends, Milestones, Newsworthy

Construction of new Toronto apartments hits 25-year high

Story by: Tamsin Mcmahon, The Globe and Mail Toronto is experiencing a rental renaissance with the number of new apartment units under construction hitting a 25-year high this year. There were 26 apartment buildings under construction in the Toronto area in the third quarter of the year, containing more than 6,500 rental units, according to a new report by real estate market research firm Urbanation Inc. Developers have proposed another 43 rental buildings containing more than 10,000 units....

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Northern Property to Buy Apartment REIT True North

Posted in Communications, Finance, Housing, Milestones, Newsworthy

Northern Property to Buy Apartment REIT True North

Story by: Katia Dmitrieva Northern Property Real Estate Investment Trust agreed to buy True North Apartment REIT and a separate portfolio of residential buildings to create one of Canada’s largest multifamily landlords. True North stockholders will get 0.39 Northern Property trust units for each True North share, the companies said in a statement Monday. The deal values True North shares at $C9 ($6.85) apiece, about 16 percent more than Friday’s closing price. Calgary-based Northern Property...

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Meet the new host of Canada’s Insider Network!

Posted in Communications, Events, Marketing, Media Releases, Milestones, Newsworthy

Meet the new host of Canada’s Insider Network!

RHB Insider Network (RHBIN) is proud to announce Jessica Green as the new host and anchor of Canada’s leading apartment video series. Communications and digital media marketing specialist Jessica Green will be the new lead host of Canada’s top property management film series. Green, whose clients range from tech start-ups and local retailers to non-profits and national apparel manufacturers, started her company, Cursive PR, to help brands discover untapped digital opportunities that inspire...

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PARK PROPERTY MANAGEMENT CAPTURES SUSTAINABLE PROJECT OF THE YEAR AWARD

Posted in Communications, Housing, HVAC / Mechanical, Milestones, Retrofit, Utility Management

PARK PROPERTY MANAGEMENT CAPTURES SUSTAINABLE PROJECT OF THE YEAR AWARD

In early 2015, hundreds of sustainable energy leaders attended the Ontario Sustainable Energy Association’s (OSEA) 5th annual Powering Prosperity Awards dinner. These awards recognize outstanding accomplishments in eight award categories that span the breadth of community, aboriginal, public and private sector sustainable energy solutions. At the ceremony, Park Property Management Inc. was named one of the two winners of the Sustainable Project of the Year award. OSEA has been supporting a...

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The Skyline Group of Companies Named One of Canada’s Best Managed Companies

Posted in Communications, Employment, Media Releases, Milestones

The Skyline Group of Companies Named One of Canada’s Best Managed Companies

The Skyline Group of Companies was named one of Canada’s Best Managed Companies in 2014 for excellence in business performance. Sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums, the Best Managed award recognizes Canadian owned and managed companies with revenues over $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization. “I would like to congratulate Skyline and its entire workforce,”...

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LANDLORD WEBCON RETURNS MAY 2015

Posted in Communications, Events, Marketing, Media Releases, Milestones, Technology

LANDLORD WEBCON RETURNS MAY 2015

WEBCON 2015- Canada’s Rental Marketing Conference is celebrating it’s 5th anniversary! This year we’re bringing you an amped up RHB Launch Pad, streamlined speaker sessions and a brand new awards celebration! WEBCON’s trend of featuring high profile speakers will continue in 2015.  This year’s 10+ sessions will be centered around apartment marketing through the use of technology, led by experts from Google, Yelp, Rentlytics and more. Data and content analysis have become driving forces behind...

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Toronto election: 5 things to know

Posted in Appointments, Communications, Events, Housing, Legal, Legislation, Milestones, Newsworthy

Toronto election: 5 things to know

Story by: CBC News Like it or not, whether you live in an Etobicoke duplex, a posh condo overlooking Lake Ontario or at the other end of the country, you have probably been unable to avoid hearing about Toronto politics over the past 12 months. It has been, to make the grossest of understatements, an eventful year. But with Monday’s mayoral election, Torontonians will look to the future — either sticking with the legacy of incumbent mayor and controversy magnet Rob Ford, or striking out...

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Who bought what: 10 landmark buildings that sold in the 21st century

Posted in Broker Sales, Industry Trends, Milestones, Student Housing

Who bought what: 10 landmark buildings that sold in the 21st century

Story by: Hyder Owainati | BuzzBuzzHome The hefty price tag for London’s iconic pickle-shaped skyscraper, the Gherkin, has done little to dissuade potential buyers from nibbling. Just a few weeks after it was announced that the 44-storey Norman Foster-designed tower would hit the market for upwards of $1 billion USD, the rumor mill is already spinning with news of potential bidders. Those who have expressed interest include Qatari royals, the Al-Thani family, among other Middle Eastern...

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David Azrieli dies at age 92

Posted in Communications, Milestones, Newsworthy

David Azrieli dies at age 92

David Azrieli, Canadian billionaire and real estate tycoon, dies at age 92 David Azrieli, the ninth-richest person in Canada, died on Wednesday at 92. The Montreal resident became known as a king to some but his beginnings were much more humble. Mr. Azrieli, whose family fortune was estimated to be worth US$3.1-billion by Forbes, started out life in 1922 in a small village in Poland. At the age of 17 in 1939, he was forced to flee as he stayed one step ahead of Germany and its Nazi regime....

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CAPREIT CONTINUES TO UNVEIL NEW MARKETS

Posted in Communications, Development, Finance, Housing, Industry Trends, Milestones, Newsworthy

CAPREIT CONTINUES TO UNVEIL NEW MARKETS

IN IRELAND REITS ARE THE NEW KIDS ON THE PROPERTY BLOCK – CANADA’S CAPREIT SEES OPPORTUNITY IRES REIT was created when Investec Bank invited Canada’s largest apartment REIT (CAPREIT) to look at a portfolio of 338 apartments which was being sold by Lloyds bank. CAPREIT was established in the Canadian downturn of 1997 and now owns and rents 41,200 apartments there. CAPREIT were surprised that there were no large scale professional investors in apartments in Ireland and saw a great...

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