The chief executive officer of RioCan Real Estate Investment Trust has inked deals to sell 19 assets in the past four months, part of his drive to unload about US$2-billion worth of properties. At the same time, he’s tearing up some of his malls to develop apartments, trying to capitalize on the rental boom and
Great-West Lifeco's real estate arm has acquired the business of Colorado-based EverWest Real Estate Partners, marking its first move into the U.S. The terms of the deal announced today were not disclosed. Read full article
For investors seeking signs of what lies ahead for the Canadian economy in 2018, the real estate market offers some intriguing clues. Today, real estate represents a lot more than where Canadians live and work. Its presence in Canada’s investment picture has grown considerably. “The old benchmark was [that] less than 3 per cent of
Student housing is a significant market for property managers, and property management companies can keep occupancy rates high and turnover low by catering to students and their needs. Often students look for accommodation and do research on line. Including web site pictures, description of amenities and even on line lease options, will make it easier
Salesforce has recently built a 1,070 foot building in San Francisco – the tallest building west of the Mississippi. In my mind and after many visits, I always visualize the city as very low rise compared to New York or Toronto, by design and by necessity. This new tower is visible from almost everywhere and
It’s important to ensure effective setup, and training for the integration of your banking services with your Yardi system. Through working with Lynx to implement these integrations, you can save time and reduce errors by removing the risk of unreliable manual inputting. We can also help to ensure proper practices are followed for areas such
Amazon is getting significant praise for its approach to helping the homeless. Initially, Amazon provided a motel it owned in Seattle as a temporary site for a homeless shelter. Instead, Amazon has decided to let the shelter stay. It will give about half of a six-story building to the shelter, providing 47,000 square feet of
Across North America malls are struggling due to changing demographics, competitive e-commerce, and discount stores. Developers in Texas are responding in innovative ways to gain traffic by expanding the mix to include more restaurants, entertainment, heath care and even education. An “experiential” marketing strategy is being used with a feel more like an amusement park
It was an outstanding event, overflowing with Yardi Users, food, entertainment, and fun. I know the Lynx Team had one of the best times ever, but also met many new clients, and Yardi contacts. From our company’s perspective, the sessions were invaluable with even more to offer our clients. The Conference was kicked off by
Oxford Properties and One Eleven are redeveloping Front Street and transforming it into a downtown innovation cluster. They are hoping that this development called Union Park will turn Toronto into a centre for technological development. The existing five-storey building will eventually house high-growth startups and development labs for large companies. The new facilities will accommodate
