BOMA has been an advocate for split class assessments for some time. As you may know, buildings in high growth areas are assessed at very high residential values, but then are classed as commercial properties with much higher mill rates. This is especially true in Vancouver where the ratio between commercial and residential rates is […]
Read more »Your BOMA Board leadership is currently in the process of recruiting a new President and hope to have someone in place by our April AGM or sooner. A copy of the job opportunity is posted on the BOMA website here. This is a great opportunity for a new leader to bring fresh ideas to our commercial property management […]
Read more »BOMA BC engaged Deloitte to conduct an Economic Impact Study of the BC Commercial Real Estate Sector. The study spanned BC’s Office, Retail and Light Industrial subsectors and was based on data from the 2013 to 2016 period. Accounting for both direct and indirect economic impacts, it is estimated that the BC Commercial Real Estate […]
Read more »Vancouver’s affordability crisis is keeping many people struggling with mental health, poverty, and addiction in a state of homelessness. Vacancy rates are lower than ever. “Renovictions” are increasing as gentrification eats up affordable housing. Income assistance has yet to increase, and shelters are filled to capacity. As cold weather lingers, safe spaces to sleep during […]
Read more »Fortunately, it was communicated in the meeting that there are now no plans to bring the proposal to Council for consideration. Of the proposed changes included in the City’s original proposal, the only one that would be acceptable to industry would be the change to five-year land averaging coming in to effect in 2018 […]
Read more »The BC SPCA manages pest issues at the 42 buildings they operate across BC. While prevention is their first choice, despite their best efforts they sometimes still get in. So they teamed up with UBC and researched the most humane and animal-friendly ways to solve wildlife and rodent problems, creating the AnimalKind pest control standards.For […]
Read more »Scott Ullrich, CEO of Gateway Property Management and participant in FortisBC’s Rental Apartment Efficiency ProgramAs CEO of Gateway Property Management, Scott Ullrich is responsible for managing a diverse portfolio of rental apartment buildings in BC. Like most property managers, he knows maintenance, controlling operating costs and keeping clients and tenants happy are cornerstones of the […]
Read more »Deanna Fourt, director of energy efficiency and conservation for Island HealthWhen it’s time to replace equipment, renovate your building or build a new one, improving energy performance is often an important consideration. It can help save operating costs, reduce greenhouse gas emissions and enhance the premises for everyone who lives or works in your building.LED […]
Read more »More than 80 per cent of BC’s rental apartment buildings are older than 35 years, meaning many could benefit from improved energy-efficiency measures; however, the process of upgrading can be costly or complicated for property managers.FortisBC’s Rental Apartment Efficiency Program* is designed to help property managers and landlords save money, energy and water through energy-efficiency […]
Read more »Experts say that simple features help keep rats and mice out. For example, use door sweeps made of rodent-proof materials, and seal utility openings with escutcheon plates, cement mortar, or copper mesh. Discourage pigeon perching by designing window ledges with a 45 degree angle or installing bird slides, spikes, or electric shock tracks. Cover up […]
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