Posts Tagged With: Homes

CANMARC Real Estate Investment Trust suspends operation of distribution reinvestment plan


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MONTREAL, Jan. 26, 2012 /CNW Telbec/ – CANMARC Real Estate Investment Trust (“CANMARC”) (TSX: CMQ.UN) announced today that in light of the entering into of the previously announced support agreement among CANMARC and Cominar Real Estate Investment Trust, CANMARC will suspend, effective immediately, the operation of its distribution reinvestment plan (the “DRIP”). As a result, the previously declared distribution of $0.07917 per unit of CANMARC for the month of January 2012 which will be paid on February 15, 2012, to unitholders of record as at January 31, 2012, will not be eligible for reinvestment pursuant to the DRIP.

About CANMARC Real Estate Investment Trust

CANMARC (www.canmarc.ca) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Quebec. Managed internally, CANMARC owns a portfolio of Canadian income-producing commercial properties, consisting of retail and office properties with certain industrial properties. In total, CANMARC properties comprise approximately 9.4 million square feet of commercial gross leasable area and 464 multi-family residential units located in Quebec, Atlantic Canada, Western Canada and Ontario.

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HOME RENOVATION TIPS


Home Renovation Tips – Photo Courtesy of Gail Bergman PR

If you’re considering your own home renovation project this spring, Renovantage™ Inc. offers some suggestions to help you get started:

· Do your research. Before you begin your renovation, be sure to verify local zoning laws. For example, you may be prohibited from the building if your addition will cast a shadow on your neighbour’s house or if it changes the skyline. It’s also important to examine potential consequences of your project, such as the need to reinforce an existing foundation.

· Ask, ask and ask again. When embarking on a home improvement project, it’s important to ask the right questions of your contractor to alleviate your concerns. Good questions include: What trades are you licensed to perform? Will you use your own crew for this work or will you subcontract? Do you carry workers’ compensation and liability insurance? How many jobs does your company have in progress right now?

· Consider the need to upgrade. Keep in mind that when you’re adding square footage to your home, you may need to upgrade your existing electrical and plumbing services, as well as your furnace or water tank.

· Account for your costs. In addition to the initial planning costs required to create your design, you may also need to pay for the services of a structural engineer – particularly if you intend to knock down an exterior wall. Post-project costs may include landscaping, extra floorings, window coverings and possibly new furniture.

· Be prepared to relocate. Sometimes it’s impossible to live in your home while renovations are underway, particularly if an existing roof needs to be removed. Consider where you might be able to stay and how much of your budget can be allocated to alternate accommodations if necessary.

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Need a Contractor? Who You Gonna Call?


Hiring a Contractor Can Be Difficult – Photo Courtesy of Gail Bergman PR

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New Renovantage™ Home Reno Group Provides Proven

One-Stop Service, Wide Range of Benefits for Homeowners

Oakville, Ontario – May 17, 2011 – We’ve all seen or heard the horror stories of home renovations gone awry. So when you decide to add a second storey, remodel a kitchen, or treat yourself to a luxurious bathroom, where do you turn for trusted service without the risk of losing your hard-earned dollars?

Enter Renovantage™ Inc., a brand-new concept in a home renovation that takes the worry out of home improvement projects. Initially introduced in the Greater Toronto Area – within the borders of Hamilton, Barrie, and Oshawa – and with plans to roll out across Canada, Renovantage gives homeowners access to fully-certified, highly-qualified contractors with the added advantages of a performance guarantee, competitive pricing, and convenient one-stop access to affordable architectural and design services.

“We’re filling a gap in the market with this first-of-its-kind service,” said Greg Peterson, President of Oakville-based Renovantage and the brainchild behind the concept, along with partner Michael Draper. “There are so many home renovation contractors out there and our studies show that most people don’t know where to turn, or even what questions to ask, when seeking out a professional renovator.”

Considering that Canada Housing and Mortgage Corp. figures peg Canadian spending on home renovations at $34 billion each year – $11 billion of which is spent in the GTA – that’s a lot of money being spent on what may be, in many cases, blind faith, Peterson said.

Renovantage consists of a group of small and mid-sized licensed contractors who specialize in all forms of home renovations, from kitchen and bathroom remodeling to complete two-storey additions. Each Renovantage contractor goes through a rigorous screening process prior to being accepted into the group, ensuring the business is “trusted, reputable and responsible,” Peterson explained, adding that this background check is much more detailed than a typical homeowner could carry out.

What’s more, the group provides homeowners with a range of services they couldn’t access through an individual contractor. For one, Renovantage contractors use one of the top estimating software packages in North America when pricing jobs, so “estimates are accurate and complete, giving homeowners confidence that they’re paying a fair market price and there shouldn’t be any surprises,” said Peterson. With this Right Price Renovations™ program, contractors simply enter the scope of work to be performed and the software tells them precisely how long each task should take, what materials are required and how much they cost.

Homeowners also benefit from the group’s No Risk Renos™ performance guarantee. In addition to providing affordable dispute resolution services that include mediation and arbitration if necessary, Renovantage protects homeowners by stepping in to complete the work in the unlikely event of an unsatisfactory outcome, using an irrevocable letter of credit from the contractor – each of whom carries appropriate liability insurance – to cover any additional expenses that may be incurred.

Another advantage is convenient access to high-quality architectural and design expertise – through an online consultation process with licensed professionals – at a fraction of the typical market cost. Once the design is finalized, homeowners shop for finishes at Renovantage’s 15,000-square-foot décor centre, where they work with a professional interior design consultant to select everything from faucets, sinks, and tiles to carpets, paint colours and countertops – a one-stop convenience that individual contractors aren’t in a position to provide, said Peterson.

“Consumers like trusted brands and we aim to be the home renovation brand of choice,” he explained. “Our comprehensive range of services clearly distinguishes a Certified Renovantage™ Contractor from everybody else out there.”

While Renovantage’s performance guarantee is unique in the consumer market, the concept is considered routine in the commercial construction industry, explained Peterson. “The extremely high level and systemized approach to planning, designing and completing renovations that our contractors bring to each project is common practice in commercial construction, but this is a first for residential renovations,” he said.

“With Renovantage, customers know they’re going to get good quality workmanship on time, on a budget, with minimal disruption and with a performance guarantee to back them up.”

For more information or to speak with a Renovantage certified contractor, please visit http://www.renovantage.com or call (416) 840-6566.

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“Put that thing back where it came from or so help me”


Jennifer Winters Writes About Cleanliness – Photo Courtesy of Jennifer Winters

Written by: Jennifer Winters

There is a difference between being a messy person and a dirty person.

A dirty person leaves food, muddy clothes, doesn’t flush the toilet etc… Rather than a messy person who just doesn’t put things back where it is supposed to go in the first place. When a messy person does these things they begin to have piles and piles of crap. Which then starts to evolve and they can get very frustrated because they don’t know where they put anything. The funniest thing about the messy person is that if someone else moves something they will reply “why did you move that I can’t find it now” A dirty person, on the other hand, can start to lose sign of the simple things and daily living chores which becomes a whole other issue. These two kinds of people can very well be very kind-hearted, respectable and productive members of society, however, when it comes to their house it is behind closed doors. How many people have lied on a resume that says “neat, organized, efficient?” This statement could very well be true if you are talking from a professional perspective, but if your boss were to come into your house what would they find?

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