Editor’s Note
B
y now, US Thanksgiving (and Black Friday) has come and gone, and you will have heard about the rampaging crowds of deal-seeking American consumers. Canadian retailers got in on the action this year, and consumers north of the border are mimicking their southern neighbours’ outrageous behaviour (such as camping out front of stores days in advance). I like a good deal as much as the next person, but it’s not worth the long lines and crowds just to save some money on an LCD TV or tablet computer. And as I read online recently, “Paying $600 for a $1,000 TV does not mean that you saved $400 – it means that you just spent $600.” This month’s issue profiles the Skyline Group of Companies. After buying their first student rental property just 20 years ago, they now own and manage more than 10,000 units and have reached $1 billion in value. The Skyline Apartment REIT is the seventh largest owner and manager of multi-residential properties in Canada. And with the addition of the Skyline Commercial REIT, there are no limits on where this company could go. We have a feature on the Federation of Rental-housing Providers of Ontario (FRPO), which is the largest apartment association in English-speaking Canada. We spoke with Mike Chopowick, interim President and CEO, to learn more about what FRPO is doing for its members and the rental housing industry. We also have an interesting article on the unintended consequences of government regulation with respect to the rental housing industry. It discusses the impact of rent control and the eviction process on landlords and tenants across Canada, so make sure that you give it a read. In case you were unaware, RHB Magazine is the exclusive media partner for FRPO’s 2013 MAC Awards Gala, which is being held on December 5 in Toronto. The Right Honourable Jean Chretien is guest speaker, so it is going to be a huge event. And to add to the evening’s festivities, RHB Magazine is also the official media for The Byng Group Holiday Cocktail Party, which takes place right after the FRPO Awards Gala. This is the must-attend event of the show!
Vol. 6 No. 6 CO-FOUNDER, DIRECTOR
Juan Malvestitti juan@rentalhousingbusiness.ca
CO-FOUNDER, PUBLISHER
Marc L. Côté marc@rentalhousingbusiness.ca
EDITORIAL
David Gargaro david@rentalhousingbusiness.ca
CONTRIBUTING EDITOR
John Dickie, President CFAA jdickie@rentalhousingbusiness.ca
DESIGN
Thomas Calvert
PHOTOGRAPHY Trina Koster
OFFICE MANAGER Kayla Clark
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