Greystar Real Estate Partners Retains Title as World's Largest Property Management Company in 2023

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Greystar Real Estate Partners Retains Title as World's Largest Property Management Company in 2023

 

In the ever-evolving landscape of property management, one company has consistently risen above the rest to claim the title of the world's largest property management company. Greystar Real Estate Partners, a powerhouse in the industry, has once again secured its position atop the rankings for 2023.

 

According to the latest data, Greystar managed an impressive 726,826 units worldwide, marking a significant increase from its 2022 figure of 698,257 units. This growth highlights the company's unwavering commitment to excellence and its ability to adapt to the changing needs of property owners and tenants alike.

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How do I know if a condominium is a good investment

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How do I know if a condominium is a good investment

By Eric Plant

When buying a condominium, a question on most peoples’ minds is whether or not it is a good investment. Will the condominium go up in value over the years, or will it go down. Although the most important things to look at are the location and the housing market (even a poorly run condominium will increase in value if the market goes up) a condominium’s financial statements are an extremely important indicator of its overall health.

Most buyers will request a Status Certificate from the condominium management company. The Status Certificate contains a few items that are worth taking a good look at before making the purchase. Chief among these are the audited financial statements, the Notice of Future Funding of the Reserve Fund (sometimes referred to as the “Form 15”), the insurance certificate, and the Declaration and Bylaws.

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Managing a condominium property in Toronto

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Managing a condominium  property in Toronto

 

Managing a condominium property in Toronto and surrounding areas involves a range of responsibilities to ensure the well-being of residents and the efficient operation of the property. Here are some best practices for a condominium property management company in this region:

 

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