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Restoration

Developer plans renovation of decrepit former Vancouver rooming house

Posted in Development, Exterior Building, Health & Safety, Housing, Maintenance, Restoration, Retrofit

Developer plans renovation of decrepit former Vancouver rooming house

Majority of rooms to be rented at below market rates, Solterra Group says. What was once one of the 10 worst Downtown Eastside hotels in Vancouver is getting a new lease on life. In what is being called a “highly unusual” application, the owners of the former North Star Hotel at 5 West Hastings plan to renovate it and will dedicate over half of the 31 rooms for welfare recipents and low-income renters. The four-story Victorian brick hotel, built in 1904, is a stone’s throw from Pigeon Park at...

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Winnipeg: Applications open for new downtown residential housing tax credits

Posted in Bylaws / Regulations, CMHC, Communications, Condo Conversions, Development, Finance, Government Rebates West, Housing, Restoration

Winnipeg: Applications open for new downtown residential housing tax credits

Developers interested in creating new downtown residential-housing units can apply today for a new round of city-provincial tax credits. In June, city council approved a new downtown-housing incentive program to piggy-back on a fully subscribed, $40-million ‎city-provincial grant program that helped build approximately 1,300 units, most of them condominiums. The new program won’t offer grants up front, but will allow developers of pre-approved projects to receive a rebate of any...

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Tenant Damage Deposits in Ontario: Now is the Right Time

Posted in Bylaws / Regulations, Communications, Fire Safety, Health & Safety, Housing, Legal, Legislation, Maintenance, Restoration, Suite Renovations, Tenancy Law

Tenant Damage Deposits in Ontario: Now is the Right Time

It is a well-known fact that Ontario’s rental housing stock is reaching a time-worn state. Over half of all rental housing units in the province were constructed prior to 1970, just before rent controls devastated new rental housing supply in the mid-seventies.  Over 400,000 rental housing units, or 30% of the apartment stock, is now over 55 years old. Landlords in the private sector are responding by investing vast amounts of money into repairs, maintenance and new apartment construction,...

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Dream REIT Looks to Restaurants to Beat Office Glut

Posted in Communications, Finance, Housing, Newsworthy, Restoration

Dream REIT Looks to Restaurants to Beat Office Glut

Dream Office Real Estate Investment Trust, the worst-performing REIT in Canada over the past year, is banking on tower renovations and adding retail to keep tenants amid a wave of new office supply. Dream Office, the largest office REIT in Canada, is seeking to sell as much as C$150 million ($138 million) of properties this year in smaller markets, and to upgrade its buildings and add retail space in its Toronto and Montreal properties, according to Chief Executive Officer Jane Gavan. “It used...

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Effective Maintenance Management: People, Processes and Technology

Posted in Housing, Interior Building, Maintenance, Professional Services, Restoration, Retrofit, Suite Renovations, Technology

Effective Maintenance Management: People, Processes and Technology

Maintenance can be a necessary evil in the apartment industry. Water heaters leak, HVAC units fail and pipes burst in units old and new. As repairs add up, so do expenses, which drop straight to the bottom line. Effective management of repairs and expenses will lessen the blow in many cases, but that goes beyond getting good deals on replacement items. As with many business applications, solving problems efficiently often comes down to people, processes and technology. If you think you’re...

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Working Through Maintenance Delays With Residents

Posted in Communications, Elevators, Escalators, Health & Safety, Interior Building, Maintenance, Restoration, Retrofit, Suite Renovations

Working Through Maintenance Delays With Residents

The modern-day renter chooses the renter lifestyle because it’s convenient and worry free. Once they become residents of your property, how can you ensure you deliver that implied promise? Keeping the ship running smoothly is an uphill battle — appliances will break, amenities need maintenance, and maintenance delays will happen. They key to placating frustrated residents as you work to resolve issues is delivering great customer service. Keep residents in the loop As a resident, it’s...

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2014 RHB APARTMENT GUIDE: EXTERIORS

Posted in Development, Exterior Building, Industry Trends, Insurance, Maintenance, Ministry Of Labour, Newsworthy, Professional Services, Restoration, Retrofit, Roofing

2014 RHB APARTMENT GUIDE: EXTERIORS

The 2014 RHB Apartment Guide – Exteriors serves to inform Canadian apartment building owners and managers on how to maintain, renovate and upgrade their properties, with the focus on the building’s exterior. This guide provides strategies, direction and tips on what to do, what to look for and what to avoid, as well as the importance of building maintenance and capital work. To ensure that this guide contains the most current and pertinent information, RHB worked in collaboration with Geoff...

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Lifecycle Marketing For Property Managers: A Three Part Series.

Posted in Communications, Industry Trends, Marketing, Restoration

Lifecycle Marketing For Property Managers: A Three Part Series.

PART ONE Who Is Your Perfect Client? While preparing to write this article, I did a quick Google (and even Bing) search for “Lifecycle Marketing for Property Managers.” I was completely flabbergasted to find no relevant blogs, articles, videos, or other web content related to this topic. Lifecycle marketing is not really a new concept. In fact, it is a critical part of running a successful business. During my 4+ years as an Infusionsoft consultant, trainer, and product documentation...

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