CANADIAN APARTMENT MAGAZINE
WHO’S WHO 2012 PRESENTED BY:
TOP 10
IN CANADIAN MULTI-RESIDENTIAL
MANAGE ONLY 1 2 3 4 5
OWN ONLY
APARTMENT
1 2 3 4 5
CONDO
35277 28389 23800 22348 11505
19081 11506 11333 9036 8000
1 2 3 4 5
OWN ONLY
COMMERCIAL
1 2 3 4 5
26 www.canadianapartmentmagazine.ca
Baywest Management Corp. Northern Property REIT Boardwalk REIT Minto Properties Homestead Land Holidays Ltd.
67 15 14 9 9
8000 3650 3149 2875 2733
13 4
NUMBER OF UNITS
6 Greenwin Inc. 7 Briarlane Property Management Inc. 8 Apollo Property Management Ltd. 9 Bayshore Property Management 10 The DMS Group
207 118 112 102 100 NUMBER OF UNITS
6 Industrielle Alliance, Assurance et services financiers Inc. 7 AWM- Alliance Real-estate Group Ltd. 8 Berkley Property Management 9 Old Oak Properties Inc. 10 Parkhurst Asset Corp.
NUMBER OF UNITS
450 310 230 190 187
10826 9367 8086 7519 7284
NUMBER OF UNITS
4 Bona Building and Management Co. Ltd. 5 Morguard Residential
NUMBER OF UNITS
Lanesborough Real Estate Investment Trust AON Inc. Sabjoy Inc. The Brown Group of Companies Preston Group
MANAGE & OWN ONLY 1 2 3 4 5
470 277 238 219 212
116 27 15
NUMBER OF UNITS
6 Mainstreet Equity Corp. 7 Shelter Canadian Properties Ltd. 8 Citigroup Properties Inc. 9 Briarlane Property Management Inc. 10 Bayshore Property Management
NUMBER OF UNITS
Gateway Property Management Corp. Minto Properties Shelter Canadian Properties Ltd. Pacific Quorum Properties Inc. AWM- Alliance Real-estate Group Ltd.
370 240
NUMBER OF UNITS
6 Killam Properties Inc. 7 Minto Properties 8 Park Property Management Inc. 9 Skyline Apartment REIT 10 Northern Property REIT
NUMBER OF UNITS
34057 1333 115
7802 6777 6335 6300 3925 NUMBER OF UNITS
6 Old Oak Properties Inc. 7 Berkley Property Management 8 Industrielle Alliance, Assurance et services financiers Inc. 9 AWM- Alliance Real-estate Group Ltd. 10 Parkhurst Asset Corp.
NUMBER OF UNITS
1 Baywest Management Corp. 2 CAPREIT 3 Shepherd Village
MANAGE ONLY
2100 1817 1737 1226 837
NUMBER OF UNITS
Gateway Property Management Corp. AWM- Alliance Real-estate Group Ltd. Pacific Quorum Properties Inc. ICC Property Management Ltd. Apollo Property Management Ltd.
MANAGE & OWN ONLY
NUMBER OF UNITS
6 Vertica Resident Services 7 Minto Properties 8 Shelter Canadian Properties Ltd. 9 Cogir Management Corporation 10 Berkley Property Management
NUMBER OF UNITS
Boardwalk REIT CAPREIT Realstar Management Homestead Land Holidays Ltd. Timbercreek Asset Management
MANAGE ONLY 1 2 3 4 5
18022 15507 15233 14875 9244
Preston Group Lanesborough Real Estate Investment Trust AON Inc. The Brown Group of Companies Sabjoy Inc.
MANAGE & OWN ONLY 1 2 3 4 5
NUMBER OF UNITS
MetCap Living Management Greenwin Inc. Gateway Property Management Corp. The DMS Group Briarlane Property Management Inc.
4 2 2 1 1 NUMBER OF UNITS
6 Mainstreet Equity Corp. 7 Realstar Management 8 Killam Properties Inc. 9 Timbercreek Asset Management 10 Skyline Apartment REIT
185 147 144 128 93
2012 WHO’S WHO TOP COMPANIES IN CANADIAN MULTI-RESIDENTIAL Thank you to those companies submitting information for our 2012 ranking of multi-res owners/managers in Canada. We appreciate your input. Every effort has been made to ensure the accuracy of the figures published. These are Canadian Apartment’s listings and are based on data that was supplied to us but not independently verified. If you have any questions or comments, please contact me at paulm@mediaedge.ca. If you were not represented in the rankings and would like to participate next year, you can obtain a registration form by contacting me at the above email. APARTMENT RANK
TOTAL UNITS
MANAGE
670
OWN
CONDO BOTH
MANAGE
692
OWN
% BY REGION
COMMERCIAL BOTH
MANAGE
34057
OWN
BOTH
1
Baywest Management Corp.
35869
2
Boardwalk REIT
35507
3
Gateway Property Management Corp.
34821
4
CAPREIT
29722
28389
5
Realstar Management
23947
23800
147
6
Homestead Land Holidays Ltd.
22535
22348
187
7
MetCap Living Management
19430
18022
8
Minto Properties
19260
6777
9
MetCap-WhosWhoArticle-halfH-v2-1.pdf 05/01/2012 10:15:29 AM Greenwin Inc. 17727 15507
35277 15233
35
9367
19081
470
WESTERN ONTARIO QUEBEC MARITIMES CANADA
450
>80
230
60-80
<20
<20
2
60-80
<20
<20
<20
60-80
<20
<20
<20
60-80
<20
<20
<20
<20
<20
<20
1333
>80
1406
2
2649
277
190
>80
207
15
>80
1998
> GREATER THAN < LESS THAN
>80
7
# C
M
Y
CM
MY
CY
CMY
K
MetCap Living knows the importance of your property investment. With over 20 years in professional property management and experience in owning and managing all aspects of multi-unit housing, we have the expertise to boost your NOI. From Marketing, Leasing, Utilities and Site Management, Collections and Accounts Receivable, we tailor our services to your needs. We manage over $1 Billion in assets owned by private families and institutional investors. Our focus is on revenue growth and vacancy reduction, while maintainting strict control over expenses. We also have three engineers on staff for those difficult capital projects! To ensure the health of your bottom line, contact: Stacey Kurck – Director, Business Development Office: 416-340-1600 x 467 Cell: 416-894-2377 Stacey.Kurck@MetCap.com
May 2012 27 12054_MetCap_WhosWho_2012.indd 1
12-05-15 10:43 AM
2012 WHO’S WHO TOP COMPANIES APARTMENT RANK
TOTAL UNITS
MANAGE
OWN
CONDO BOTH
MANAGE
OWN
% BY REGION
COMMERCIAL BOTH
MANAGE
OWN
BOTH
10
The DMS Group
14975
14875
11
AWM- Alliance Real-estate Group Ltd.
12245
498
12
Briarlane Property Management Inc.
12237
13
Pacific Quorum Properties Inc.
11971
14
Timbercreek Asset Management
11633
11505
128
15
Killam Properties Inc.
10970
10826
144
16
Shelter Canadian Properties Ltd.
10449
6335
17
Apollo Property Management Ltd.
9362
18
ICC Property Management Ltd.
19
WESTERN ONTARIO QUEBEC MARITIMES CANADA
100 27
11506
212
9244
2875
118
419
11333
219
>80 2
>80 >80 >80 60-80
1250
8000
112
>80
9132
20
9036
76
>80
Morguard Residential
8648
1154
20
Park Property Management Inc.
8295
21
Mainstreet Equity Corp.
8185
22
Vertica Resident Services
7836
7802
23
Skyline Apartment REIT
7709
94
24
Northern Property REIT
7594
7284
310
25
Drewlo Holdings Inc.
7323
7271
52
26
CLV Group Inc./ Interrent REIT
7200
7200
27
Berkley Property Management
6669
3925
28
Cogir Management Corporation
6352
6300
10
The DMS Group Paul Smith 416 736 2524 psmith@dmsproperty.com www.dmsproperty.com 28 www.canadianapartmentmagazine.ca 12054_DMS_WhosWho_2012.indd 1
735
8086
140
4
15
22
1
68
8000
185 34
7519
240
3
40-60
<20
52
1
51
>80
>80 >80
>80
<20
<20
60-80
93
2
<20
40-60
<20
>80 40-60
<20
<20
<20
>80 >80
2450
<20
<20
238
6718
4
<20
3650
#
222
> GREATER THAN < LESS THAN
<20
>80 <20
>80
DMS is a market leading third party rental property management organization with a diverse portfolio of multi-residential, commercial and government-owned properties across Ontario. Our team are energized. DMS is focused on growth of our managed portfolio and on personal growth for our staff. As a multi-dimensional enterprise, DMS offers team members unparalleled career development opportunities. Our culture encouraging promotion from within the organization has allowed many staff to experienced multiple promotions. Our clients trust us. DMS manages professionally for over 100 different owners – many for over 20 years. Service delivery is tailored to specific property requirements and each client benefits from industry leading practices and economies of scale. DMS is proud to be ranked once again by Canadian Apartment Magazine as one of the in the top few multi-residential property management companies.
CANADIAN APARTMENT MAGAZINE WHO’S WHO 2012 12-05-10 5:08 PM
IN CANADIAN MULTI-RESIDENTIAL APARTMENT TOTAL UNITS
RANK
MANAGE
OWN
CONDO BOTH
MANAGE
OWN
BOTH
MANAGE
OWN
BOTH
70
WESTERN ONTARIO QUEBEC MARITIMES CANADA
29
Globe General Agencies
6099
30
Bayshore Property Management
4755
1920
2733
102
31
Citigroup Properties Inc.
4228
995
3149
84
32
Hollyburn Properties Ltd.
4067
33
Sterling Karamar Property Management
3993
3799
163
31
34
Devon Properties Ltd.
3880
3340
464
76
35
The Regional Group
3875
2000
1800
75
36
Concert Properties
3398
37
Prospero International Realty Inc.
2735
38
Centurion Apartment REIT
2675
2648
27
39
Kelson Group
2563
2524
39
40
O’Shanter Development Company Ltd.
2555
460
2016
50
6
23
>80
41
Old Oak Properties Inc.
2399
977
1347
62
6
7
>80
MA PL E LE AF QU AY,
6029
4000
TO RO NT O
Briarlane Rental Property Management Inc. is a private Canadian Corporation based in Markham, Ontario and was established in 1999 to provide an integrated array of investment and property management services to owners, investors and financial institutions. Briarlane manages many properties in the Greater Toronto Area, and we have for many years also very successfully managed properties in London, Brantford, Kitchener, Waterloo, Guelph, Pickering, Ajax, Oshawa, Oakville and Ottawa, Ontario. Our size allows us to negotiate excellent pricing for supplies and services including utility costs and our ability to compare operating costs throughout our managed portfolio allows us to ensure that our clients properties are operating
<20
60-80
20-40 >80
>80 >80
49
Briarlane Rental Property Management Inc. Brad Smith 905 944 9406 ext 225 bsmith@briarlane.ca www.briarlane.ca
<20
>80
18
2686
>80
>80
67
3380
> GREATER THAN < LESS THAN
% BY REGION
COMMERCIAL
40-60
<20
40-60
>80 >80
<20
>80
12
#
efficiently and competitively whether within the GTA or outside of it. We would welcome the opportunity to show you how by being very “hands on”, utilizing our years of experience, proven systems, and documentation we can ensure that there are few surprises or emergencies at your property while providing you with efficient and competitive operations in IRE , R, SU SA NN E MA GU any rental market. L-R: MO NIS H CO MA DR US KU NG BR AD SM ITH , PAT
BR AW N, AN
CANADIAN APARTMENT MAGAZINE WHO’S WHO 2012 12054_Briarlane_WhosWho_2012.indd 1
May 2012 29
12-05-11 1:35 PM
2012 WHO’S WHO TOP COMPANIES IN CANADIAN MULTI-RESIDENTIAL APARTMENT TOTAL UNITS
RANK
MANAGE
OWN
CONDO BOTH
MANAGE
OWN
% BY REGION
COMMERCIAL BOTH
MANAGE
OWN
BOTH
WESTERN ONTARIO QUEBEC MARITIMES CANADA
42
Preston Group
2109
2100
43
Lanesborough Real Estate Investment Trust
2009
1817
44
Greenrock Property Management Limited
2000
2000
45
AON Inc.
1848
33
1737
46
The Brown Group of Companies
1713
471
1226
47
Salpam Properties
1508
48
Lawrence Construction/Grant Management
1427
519
49
Tandem Property Management
1008
1008
50
Twin City Management Ltd.
995
949
51
Cogir
980
980
52
Capilano Property Management Ltd.
964
53
Sabjoy Inc.
851
54
Manulife Real Estate
801
800
55
Shepherd Village
778
659
115
56
Bona Building and Management Co. Ltd.
753
740
13
57
Equity Hill Properties Group
700
58
Blue Stone Properties Inc.
674
674
59
Equitable Real Estate Investment Corp.
634
606
28
>80
60
Northland Properties Inc.
614
605
9
>80
61
Shindico
592
94
5
>80
62
Canadian Urban Ltd.
551
547
63
State Building Group
450
450
64
Gistex Inc.
440
430
65
Compass Commercial Realty
329
317
66
Greenwood Lane Inc.
318
35
67
GoodWood Property Investments
152
68
Industrielle Alliance, Assurance et services financiers Inc.
120
69
Realspace Management Group Inc.
105
70
Parkhurst Asset Corp.
16
30 www.canadianapartmentmagazine.ca
9 125
> GREATER THAN < LESS THAN
>80
67
>80 >80
56
7
15
7
9
1500
40-60 <20 8
>80
<20
<20
>80
908
>80 >80 1
45
>80 >80
950
14
837
>80
14
48
638
>80 1
>80
4
>80 >80
14
>80 >80
490
3
<20
<20
<20
4 >80 10
278
12
>80
5
>80
150
2
116
103
20-40
4
>80 40-60
2 15
40-60
>80 1
>80