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Professional Services

Managing Multifamily: How Real-Time Reporting Changed the Game

Posted in Communications, Housing, Industry Trends, Marketing, New Products, Newsworthy, Professional Services, Technology

Managing Multifamily: How Real-Time Reporting Changed the Game

Story by: Tim Blackwell  |  Property Management Insider A common thread at the 8th Annual Interface Student Housing conference in Austin in April was the role that technology plays in attracting and maintaining multifamily residents. For three days, a record-breaking 1,200 attendees heard, among many things, interesting perspectives in the Student sector. A number of C-level players discussed the importance of having the right digital tools to effectively run properties on and off campus. It’s...

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The On-Demand Economy: Changing the Living Experience for Residents

Posted in Communications, Housing, Industry Trends, Marketing, Newsworthy, Payments Processing, Professional Services, Recreational

The On-Demand Economy: Changing the Living Experience for Residents

Story by Tim Blackwell  |  Property Management Insider Your residents demand what you have to offer, and they want to get it their way. Consumer desire to transact and interact via mobile devices is driving the latest industrial revolution, the “On-Demand Economy.” Sometimes referred to as the “Sharing Economy,” this on-demand market segment revolves around businesses providing goods or services to consumers largely through online platforms or applications. Businesses must be nimble and quick....

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PRIVACY ISSUES WILL REQUIRE LEASE AMENDMENTS

Posted in Bylaws / Regulations, Communications, Housing, Industry Trends, Legal, Legislation, Newsworthy, Professional Services, Real Estate Law, Tenancy Law

PRIVACY ISSUES WILL REQUIRE LEASE AMENDMENTS

The Divisional Court has ruled that, in the absence of express, permissive language in a lease, a Landlord may not take photographs of the interior of a rental unit and post the images when listing the unit for sale. In particular, the Court stated: “…absent a specific term of the lease, or with the tenant’s consent, there is no authority under s. 27 of the RTA to require entry into a tenant’s premise to take photographs for marketing purposes to advance the sale of the...

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How Cloud-Based Technology can Save Maintenance Teams Time and Money

Posted in CMHC, Communications, Health & Safety, Housing, HVAC / Mechanical, Industry Trends, Janitorial, Maintenance, Marketing, New Products, Newsworthy, Professional Services, Restoration, Retrofit, Roofing, Suite Renovations, Technology

How Cloud-Based Technology can Save Maintenance Teams Time and Money

By Tim Blackwell  | Property Management Insider New tool technology is exceeding traditional definitions of improvements to the power tools that build and maintain multifamily housing. High-tech and blue-tooth enabled tools are not only designed to ease the chores of drilling, sawing and affixin’ but also save time and money. Cloud-Based Technology is Making Maintenance Mobile Tools have come a long way since the introduction of the electric motor in the 1880s that made possible today’s...

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Two factors have caused Canadian household debt levels to fly high: economist

Posted in CMHC, Communications, Finance, Housing, Industry Trends, Newsworthy, Professional Services

Two factors have caused Canadian household debt levels to fly high: economist

Story by: Josh Sherman  |  BuzzBuzzHome What happens when Canada’s central bank cuts its overnight lending rate and the country’s hottest housing markets continue to see eye-popping price gains? People take on mortgages to buy homes as they look to capitalize on historically low monthly payments. In turn, this activity is causing national household debt levels to swell, says Douglas Porter, BMO’s Chief Economist. “Total Canadian household credit growth remains very healthy — perhaps too...

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Long-Term Affordable Housing Strategy Update

Posted in Bylaws / Regulations, CMHC, Communications, Development, Employment, Finance, Health & Safety, Housing, Industry Trends, Insurance, Legal, Legislation, Marketing, Newsworthy, Professional Services, Senior Housing, Student Housing, Tax Law, Tenancy Law

Long-Term Affordable Housing Strategy Update

Ministry of Municipal Affairs and Housing  |  March 28, 2016 In support of Ontario’s updated Long-Term Affordable Housing Strategy, Ontario is taking the following initiatives. Developing a Framework for Inclusionary Zoning Ontario is proposing to introduce legislation that would, if passed, allow municipalities the choice of establishing inclusionary zoning policies. If a municipality chose to use this tool, new housing proposals would require a certain percentage of affordable units in...

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Research Strategies for Multifamily

Posted in CMHC, Communications, Development, Employment, Finance, Housing, Industry Trends, Marketing, Newsworthy, Professional Services, Recreational, Technology

Research Strategies for Multifamily

Story by: Lindsey Schober  |  March 28, 2016 Before you can start any sort of marketing or advertising campaign for your community, you need to know your audience. Who is your renter? What are they into? Are they pet lovers, runners, both? Today, you need to know more about your targets than their basic demographic information. Knowing their likes, dislikes, tastes, lifestyle, where they are online and their interests gives you the ability to craft creative and powerful messages that break...

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The Hottest Trends in Multifamily Outdoor Living

Posted in Communications, Development, Exterior Building, Furnishings, Housing, Industry Trends, Interior Building, Maintenance, Marketing, New Products, Newsworthy, Professional Services, Recreational, Restoration

The Hottest Trends in Multifamily Outdoor Living

Story by:  Leah Mendes  |  March 28, 2016 Summer is right around the corner, and the weather isn’t the only thing heating up. New trends are on the horizon in multifamily, and apartment communities are finding new ways to bring the full indoor living experience outdoors. The National Kitchen & Bath Association identified outdoor kitchens and living spaces as the hottest trends in housing today, although it’s been popular for a few years. Americans began enhancing their outdoor living...

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No more interest rate cuts from the Bank of Canada? The country’s biggest banks weigh in

Posted in CMHC, Communications, Employment, Finance, Housing, Industry Trends, Legal, Marketing, Professional Services

No more interest rate cuts from the Bank of Canada? The country’s biggest banks weigh in

Story by:  Josh Sherman  | Buzzbuzzhome The Bank of Canada has maintained the overnight rate at a historically low 0.5 per cent, mirroring the decision it made in January. Likewise, a number of the biggest Canadian banks threw in their two cents once more on the central bank’s decision. While none were caught off guard by the move, each provided insight into what to expect from the Bank of Canada concerning the key interest rate, which influences mortgage rates, moving forward. Here’s what...

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Vancouver housing market ‘vulnerable’ to money laundering

Posted in Bylaws / Regulations, CMHC, Communications, Employment, Finance, Housing, Industry Trends, Insurance, Legal, Legislation, Marketing, Newsworthy, Professional Services, Real Estate Law

Vancouver housing market ‘vulnerable’ to money laundering

Story by: Kathy Tomlinson  |  The Globe and Mail Dozens of Vancouver-area real estate firms are failing to comply with federal anti-money-laundering laws that require them to identify who their clients are and where their money comes from, The Globe and Mail has learned. The Financial Transactions and Reports Analysis Centre (FinTRAC), which enforces the legislation, says it found “significant” or “very significant” deficiencies within some five dozen B.C. brokerages in the past year. It...

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