3 mins

ICC PROPERTY MANAGEMENT ON COVID-19’S EFFECTS ON THE COMMERCIAL REAL ESTATE INDUSTRY

ICC Property Management

The COVID-19 pandemic is placing unprecedented pressure on Canada’s commercial real estate market. Reduced demand for commercial space due to quarantines, social distancing requirements, shutdowns and supply chain disruptions had negative impacts on property owners and property management firms, according to ICC Property Management.  With no vaccine or cure for COVID-19 currently available, it has been difficult ...

4 mins

ICC PROPERTY MANAGEMENT ON FUTURE TRENDS IN THE PROPERTY MANAGEMENT INDUSTRY

ICC Property Management

If there is one thing you can count on in the future, it’s change. The COVID-19 pandemic changed the way people work, shop, socialize and look for housing. Technological advances in digital video, artificial intelligence, 5G, and Wi-Fi connectivity have changed consumer and property owners’ expectations. New real estate investors are buying rental properties and ...

4 mins

ICC PROPERTY MANAGEMENT: HOW TECHNOLOGY TRANSFORMS PROPERTY MANAGEMENT INDUSTRY

ICC Property Management Digital Transformation

Digital transformation is the buzzword and goal of companies in every industry since 2018. Replacing outdated equipment and operations with new technology promises to cut costs, increase speed and efficiency, and achieve higher profitability and asset values.  ICC Property Management believes that as businesses in the property management industry rapidly adopt technology, they are also ...

4 mins

ICC PROPERTY MANAGEMENT ON RENTING AND EVICTION CHANGES DURING COVID-19

ICC Property Management

The impacts of COVID-19 on Canadians have caused many to lose their jobs and fall behind on mortgage payments or rent. Although rental housing falls under provincial jurisdiction, the Canadian Government has encouraged landlords to consider rent deferrals and consider eviction moratoriums under tenancy agreements until the COVID-19 pandemic is over. What is a tenancy agreement? ...