Hollyburn Supplement

SPECIAL SUPPLEMENT TO CANADIAN APARTMENT MAGAZINE

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AUGUST 2015

Congratulations Hollyburn on your 40th anniversary!

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HOLLYBURN PROPERTIES LIMITED Building on a Legacy

Innovation, integrity, and unparalleled customer service. Since its formation in 1975, these have been the founding principles that have made Hollyburn Properties Limited a pioneer in apartment rentals management.

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Now, on the eve of its ruby anniversary, Directors Paul, Mark, Dan, and David Sander are eager to take their family-run company to the next level while paying tribute to its 40-year legacy.

“From day one, we’ve prided ourselves on our ability to step up to the plate and say, ‘What can we do differently than everybody else in the community to bring residents to rent from us and keep them with us,’” says Paul Sander, one of four Hollyburn directors.

“That fundamental philosophy has driven us to actively lead the pack in every way we possibly can on an ongoing basis to keep our assets full and our residents happy.”

Hollyburn was founded by Stephen Sander, a former high school teacher who made his mark in British Columbia’s home real estate business for over a decade before opening the doors to Hollyburn Properties Limited in 1975.

Originally operating at the foot of Hollyburn Mountain in West Vancouver, those early days saw the company flourish in the Vancouver marketplace and develop the innovative and sustainable practices that would go on to define the company’s brand. Over the following years, Stephen worked closely with several family members, and was joined by sons Paul, Mark, Dan, and David, who assumed leadership roles in the company following successes in related fields and earlier Hollyburn experience. Paul assumed his first senior management position in 1986, followed by Mark in 1995, Dan in 2008, and David in 2010. All have played critical roles since in building on the company’s success to launch multiple Canadian expansions.

The first of these permanent expansions occurred in 2000 when Hollyburn purchased its iconic flagship building in Toronto at 20 Prince Arthur Avenue. It was a risky move, but one that succeeded Special Supplement to Canadian Apartment

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in diversifying Hollyburn’s growing portfolio and promoting the company’s “stand-out” approach to property management. “The main reason for a national expansion was risk management,” says Mark Sander, who was instrumental in researching the Toronto market, developing key broker relationships, and determining what neighbourhoods would suit Hollyburn’s AAA location model. “We were concerned at the time about the political climate and the prospect of rent controls in BC,” he adds. “Insurance risk was also a consideration. Diversification provided a security net for our growing investment portfolio.”

Recalling Hollyburn’s first move into the Ontario market, Paul says, “Having one of the most prestigious buildings in Toronto was important to us, but it also meant we had a clientele base that was expecting excellence right out of the gate. We knew we had to arrive in Toronto with a flagship building and provide excellent service, which we’re proud to say we’ve accomplished and continue to offer today.”

Following its arrival in Toronto, Hollyburn established its presence in Alberta’s key market with the purchase of a flagship headquarters at Prince’s Island Place in Calgary, the city’s largest downtown rental building. Today, the company’s portfolio has grown to include 81 properties across Canada, including 54 in Vancouver, 19 in Toronto, 6 in Calgary, and 2 in Ottawa.

“Diversification has probably been the biggest differentiator in terms of our growth over the last 10 to 15 years, from a strategy perspective,” offers Dan Sander, adding, “More markets mean more opportunities, and these have enabled us to grow a lot faster. They were big moves, but we would have never been able to grow at this pace if our focus was just in BC.”

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Hollyburn’s growth is owed in part to its trademark investment strategy of breathing new life into older, mis-managed, or under-performing assets in premier locations through calculated, long-term investments.

It’s a strategy that founder Stephen embedded in the company’s DNA since he first set up shop, and one that Directors Paul, Mark, Dan, David, and their team continue to uphold.

“Investing in assets has been a fundamental drive throughout the history of this company,” says Paul, recalling, “My father taught us that if you make two dollars, you take what you need to keep going, live conservatively, and re-invest the rest back in the buildings to keep the resident happy.”

“That was the foundation for him, and it’s been that same kind of theme we’ve carried through all my life here,” he adds.

With that philosophy in mind, Hollyburn’s first priority is renovating and retrofitting newly acquired properties into modern, condo-quality accommodations. Whether repairing an asset’s infrastructure (e.g., roofing, parking garage, building foundation), installing state-of-theart mechanical systems, or undergoing extensive interior redesigns and retrofits, it spares no expense in making sure each property under the Hollyburn banner represents the best in comfort, style, safety, and sustainability.

“That’s really our differentiating business model; spending a significant amount of money improving our buildings in order to bring them back into a state where they’ll last for another 50 to 100 years. That, in turn, provides exceptional housing for all the communities we’re involved in,” says Dan, emphasizing, “Because we’re a private company, we’re not focused on quarterly returns. Instead, we’re focused on longterm sustainable success.”

THE INNOVATIVE EDGE 35

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Hollyburn’s success pivots on its ability to source and adopt new ideas, technologies, and materials across its portfolio. This innovative drive is fueled by collaborative team insights and talents, as well as consistent feedback from customers and the company’s keen eye for industry trends.

Celebrating 40 Years

For example, all of Hollyburn’s buildings in Ontario are accredited under the Certified Rental Building Program (CRB), which was developed by the Federation of Rental-Housing Providers of Ontario (FRPO) to provide rental housing consumers with a quality assurance protocol they can trust when selecting their home. The CRB contains a systematic set of objectives and guiding principles, and is the only multi-residential apartment building certification in North America which assures residents they are choosing a well-run, well-managed community. Furthermore, Hollyburn was one of the first companies to design and install intelligent digital building controls into its assets back in the early 1990s following an internal push to reduce energy bills and assume a leadership role in sustainable management by leveraging new technologies. Throughout the following years, that innovative spirit has driven the company to source and implement the industry’s most durable materials, energy-efficient suite amenities, and state-of-the art building equipment.

One of its most notable contributions to the industry, however, was the creation of Canada’s very first rental apartment website. Launched in 1995 as www.rentersguide.com, the site blazed a trail for online real estate promotion and showed both renters and industry stakeholders the power and reach of online media. Now known as Hollyburn.com, the website has undergone considerable upgrades in its 20-year run and remains a symbol of the company’s affinity for using tomorrow’s tools for today’s solutions.

Hollyburn’s innovate edge can also be felt throughout the company’s approach to sustainability. From its very beginnings, Hollyburn has actively pursued new and effective ways of promoting green living and supporting eco-friendly operations in its assets and throughout its company.

From installing high-efficiency boiler rooms and regenerative drive elevators, to launching organic waste programs and cooperative auto networks, Hollyburn spends significant time and manpower sourcing,

www.hollyburn.com

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INDUSTRY PARTNERS Hollyburn Properties’ role in the industry is recognized by many of its partners. In addition to being described as one of the “best managed portfolios of privately held real-estate in Canada” by the Canadian Mortgage and Housing Corporation (CMHC), it has maintained an A+ rating with the Better Business Bureau (BBB) for over 12 years nationally, and is a member of LandlordBC, the Federation of Rental Housing Providers of Ontario (FRPO), and the Calgary Residential Rental Association in Alberta (CRRA) since 1993, 2006, and 2013 respectively.

Hollyburn is also an active member of the Urban Development Institute (UDI), the Canadian Federation of Apartment Associations (CFAA), as well as many neighbourhood business improvement associations.

testing, and implementing sustainable initiatives across its portfolio.

Moreover, Hollyburn plays an active role in empowering its staff and tenants to become their own stewards for sustainability.

It does so through consistent communication and education with tenants, whether in the form of on-site events, welcoming package documentation, or one-on-one mentoring with building operators.

“Sustainability isn’t just about Hollyburn; it’s about our team and our residents,” says Dan. “We do everything collaboratively here, and we’re not afraid to

experiment and change up our processes. We have a lot of rental communities and we’re always experimenting with something new at each different location, so when new programs work, we learn from that and we repeat it.”

Thanks to these initiatives, and Hollyburn’s ongoing pilot projects, the company has deferred an estimated total of 21 million pounds of greenhouse gas emissions to date, and is poised to continue saving at a rate of 4 million pounds of CO2 per year. Additionally, it has achieved energy, waste, and resource savings across

the board, creating significant utility bill savings for property residents. These numbers continue to increase as Hollyburn acquires new buildings and refines overall efficiency.

From pioneering new technologies to investing in tomorrow’s solutions, Hollyburn has positioned itself as a trendsetter in the property management space. In so doing, its staff, residents, and industry partners are united in their goal to enhance the quality of living for each of its customers, while improving upon their respective neighbourhoods and communities.

THE RIGHT TEAM Hollyburn’s greatest resource is its staff.

Representing some of the best and most experienced in the industry, the Hollyburn team is what brings its innovations to life and upholds the company’s high standard of service at the ground level.

“All the innovation we’ve done has been home grown by communicating with the residents and working closely with our staff; especially the building managers who are working one-onone with our residents. They know their

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Celebrating 40 Years

wants, their needs, how to keep them happy, why a suite’s renting, and why it’s not renting, so we are always turning to them for the best solutions and empowering them to speak up,” says Paul, adding, “Some of the company’s best ideas come from the resident managers.”

Indeed, as the primary point of contact between the company and its residents, Hollyburn’s staff are vital to maintaining the company’s commitment to providing safe, secure, and comfortable rental accommodations. Doing so, however, requires a team of professionals that understands the intricacies of the industry and all the issues that can arise. It also requires talent who are available 24 hours of the day to manage any issue or concern that might arise, be it through their capacity as live-in managers or supporting office staff.

Understanding this, Hollyburn provides comprehensive training and education programs for all of its team members.

For newcomers, this begins with basic three month training on all the building manager essentials, as well as mentorship on the P.R.I.D.E. (passion, respect, integrity, dedication and experience) hotel service standard.

“To maintain and hold our position of leadership in this industry, we have to have — and are expected to have — excellently trained personable staff that are helpful and knowledgeable in the things that residents don’t ever see but that go on in a building behind the scenes,” says Paul.

Hollyburn also employs three full-time trainers and runs a training facility wherein resident managers can undergo thorough certifications in a wide number of subjects including customer service, plumbing, asset renovating, pool maintenance, health and safety procedures, and general repairs. Additionally, staff are Level 1 First Aid certified and are encouraged to take advantage of the company’s diverse mix of professional development, training, and education opportunities.

Dealing in multiple jurisdictions also means training staff to achieve and maintain the highest standards no matter their location. To that end, Hollyburn complements its training with tailor-made training programs and modules catered to the Ontario, Alberta, and BC markets.

“We take a lot of pride in selecting our staff and we treat our staff like our family, because we’re a family-run business,” says Dan. “If you ask our staff why they like working for Hollyburn, they will tell you it’s because of our family values and the camaraderie we’ve developed in our offices that foster those excellent staff relationships.”

Speaking to Hollyburn’s team-based philosophy, he adds, “Everyone looks after everybody and everyone works hard for the common goal. That works very well for us.” www.hollyburn.com

VANCOUVER HEAD OFFICE TEAM TORONTO TEAM CALGARY TEAM

Across the country, Hollyburn buildings enjoy industryleading “walk scores”, recognizing the quality of their neighbourhoods and proximity to transit, services, shopping, and other desired amenities.

Average Walk Scores

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VANCOUVER TEAM

ONWARDS AND UPWARDS A new chapter is being inked in Hollyburn’s history. Over the last few years, Hollyburn has invested significant funds and resources in the development of a new construction division, which was created to apply the company’s experience to the construction of new apartment rental properties.

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The first of Hollyburn’s new projects is taking shape in North Vancouver and slated for completion in August 2016. Other new developments are currently in the rezoning process in West Vancouver, North Vancouver, and Toronto.

“We’re putting everything we’ve learned in our 40-year history into the design and construction of these new rental communities,” says David, who is spearheading Hollyburn’s new construction division.

“Our vision is to hold these rental buildings in perpetuity and therefore every component is looked at in great detail with

regards to the life cycle cost, quality, and aesthetics. This translates into beautiful rooftop decks, gyms, great amenities, and buildings that are designed to function well for the resident and the community.”

Elsewhere, the company remains focused on growing its presence in its current four cities and seeking new opportunities for growth. “We’re very growth oriented and we always have been. That’s not going to stop. We’re going to continue to build quality rental housing, continue to buy quality rental housing, and we’re going to continue to grow,” says Dan.

Celebrating 40 Years

SUSTAINABLE GROWTH At Hollyburn Properties, sustainability is more than a buzzword. From day one, the company has promoted green living and eco-forward operations in all of its assets, relying on the education and dedication of its staff and residents to position Hollyburn as a leader in sustainable apartment living.

“Every one of our environmental initiatives has been driven by our desire to be sustainable over the long term,” asserts Paul. “We’re fortunate in the fact that Hollyburn has the ability to educate tens of thousands of people on what it means to live green. We also deal with apartment buildings that consume gas, water, electricity, and other resources, so we are in a position to make a tangible difference in the world.”

“Because we have the opportunity to do it, we have a responsibility to do it,” he says.

Investing in sustainably-run buildings has been a priority for Hollyburn since its foundation. In the past 25 years, however, it has placed an even greater emphasis on ensuring each of the properties in its portfolio is running at peak efficiency and contributing in positive ways to their environment. This environmental push intensified in the early 2000s with a top-to-bottom analysis of all its apartments to determine what retrofits would be most effective in achieving long-term sustainability.

“15 years ago, we came up with something called the Smart Suite model by going through every single aspect of the suite to determine how green they were, how they were made, and if there were better alternatives available to the benefit of the resident and the environment,” recalls George Warren, Hollyburn’s Operations Manager who has been with the company for 27 years.

From floor finishes to ceiling fans, kitchen equipment to wall paint, Hollyburn’s audit led to the design of a new suite model representing the utmost in sustainable living and – perhaps more importantly for some of its residents – lower energy bills.

Over the years, Hollyburn has continued to source new and innovative ways to bring greater sustainability and savings to all its properties.

This includes installing low-consumption toilets, water-saving equipment, and high-efficiency lighting, appliances, and fans in all its suites; and repairing existing assets with automated equipment controls, energy-efficient machinery, and in some cases, solar-panels and low-water consumption landscaping. Hollyburn has replaced over 100 oversized and outdated boilers with state-of-the-art, efficient modulating boilers and frequency drives for water pump circulation.

The support of Hollyburn’s staff and tenants are also integral to its sustainability goals. As such, it is continually educating tenants about green-living strategies, while empowering staff to bring new ideas and www.hollyburn.com

COMMUNITY GARDEN HARVEST, VANCOUVER

MILESTONES IN SUSTAINABILITY

Hollyburn is nominated by Mann Engineering Ltd for the Natural Resource Canada Award for its extensive retrofits of five 1960s-vintage concrete high-rise towers.

2001

Hollyburn partners with Natural Resources Canada (NRCAN) in a national pilot project called the Energy Innovators Initiative, earning recognition by the House of Commons for its participation.

2009

Hollyburn is recognized as one of BC Sustainable Energy Association’s “Green Landlords”.

2012

Hollyburn caps its solar-powered pilot project at 1286 Islington Avenue in Toronto, installing 10 kilowatt solar panels in collaboration with the feed-in tariff program (FIT) and the Ontario Power Authority.

2015

Hollyburn launches its Organics Composting Program at all 54 buildings in Vancouver.

2004

Hollyburn wins BC Gas contest for successfully reducing energy consumption at the Santana building by 25%

2010

Hollyburn becomes the first Canadian company to obtain the Canadian Mortgage and Housing Corporation’s Energy Efficiency Rebate.

2013

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COMMUNITY GARDEN, VANCOUVER CENTRAL PARK TERRACE SOLAR PANELS, TORONTO

processes to the table. Additionally, Hollyburn is pleased to partner with local environmental organizations like BC’s Growing City, which helped it launch its Organics Waste Management Program in 2015.

“A lot of sustainability has to do with the resident’s behaviours and what they do. For example, Hollyburn has been looking at elements like our recycling areas in all of our buildings, and educating tenants on their proper use. They’re also renovating them and making them safer, more comfortable, and more appealing in our efforts to make them as convenient as possible for residents,” explains Paul.

This eco-friendly philosophy also guides Hollyburn’s approach to new construction. On the job site in North Vancouver, its new building is being built to meet and exceed the most current standards set out by ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers) and the U.S. Green Building Council’s LEED (Leadership in Energy & Environmental Design) program. Highlights include the installation of hot-water heating systems, LED lighting, LOW-E windows, DDC controls, frequency drive circulating pumps, and a number of eco-friendly materials.

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“We’re putting everything we’ve learned about sustainability over the past 40 years into our new construction,” notes Paul.

Hollyburn continues to seek new and innovative ways to enhance its sustainability practices. At any given time, it is conducting pilot projects throughout its portfolio. These have included installing 10-kilowatt solar panels on the roof of 1286 Islington Ave in Toronto, implementing waste diversion programs among its new construction sites, and introducing co-operative auto vehicles at a number of its Toronto and Vancouver locations.

All combined, Hollyburn is tireless in its pursuit to bring sustainability into all that it does. It was the first company to successfully obtain the Canadian Mortgage and Housing Corporation’s Energy Efficiency Rebate in 2013, and has been recognized by both Natural Resources Canada and the House of Commons for its participation in the Energy Innovator’s Initiative.

“Sustainability is a big focus for our company,” says Dan. “We’re doing it to improve the livability for all residents and future residents, but we’re also reducing operating costs and doing our part to better our natural environment, which we’re proud to be able to do.”

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Hollyburn Properties Limited

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Celebrating 40 Years

A PART OF THE NEIGHBOURHOOD Strong communities rely on strong community partners. That’s why Hollyburn is proud to contribute to many organizations and neighbourhoods across the country.

“Creating opportunities that strengthen and support community, economic and social development continues to be an essential and guiding principle for us,” says Paul.

Whether playing an active role in outreach programs, working alongside non-profit organizations, or hosting yearly resident events, Hollyburn staff are embedded within their communities. The following are just two examples of their dedication in action.

In addition to these case studies, Hollyburn is a proud supporter of a number of Canadian organizations and community events. These include: • Festival of Lights • West Vancouver Pumpkin Fest • Vancouver Pride Festival

CASE STUDY: CITY SCHOOL

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nvesting in today’s youth and tomorrow’s leaders is a need Hollyburn takes to heart. With this in mind, the Hollyburn team is involved in numerous educational initiatives, including an outreach program with Vancouver’s City School program.

Operating out of King George Secondary School, the City School program offers a unique and enriching alternative minischool for youth aged 13-18 that are challenged by the conventional school system Since 2011, that support has taken many forms. It has included providing fare cards to students coming to school by bus, and providing subsidies for school activities such as live theatre and life skill training programs that might otherwise be out of reach for some of City School’s enrollees.

“Hollyburn’s financial support allows us to take advantage of many opportunities that would be denied to students from families whose expenditures are committed elsewhere,” says Sal Robinson, a former student and then teacher who now oversees the program.“With this partnership, we can help students overcome barriers such as bus fare, breakfast, eye glasses or other necessities to their success at this small alternative enrichment program.”

For more information on City School Vancouver, visit www.cityschoolvancouver.ca.

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CASE STUDY: COVENANT HOUSE

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Hollyburn Properties Limited

ovenant House is North America’s largest non-profit organization dedicated to supporting homeless and runaway youth.

It provides around-the-clock shelter, on-site and transitional housing, and a vast range of services and resources for youths between the ages of 16 and 24. Since its foundation in 1972, the organization has helped over 90,000 young people take their first steps off the streets thanks in part to the relationships it has formed with its community and industry partners.

Hollyburn is proud to be named among these partners. For over 13 years, it has united staff from British Columbia and Ontario to support Covenant House’s cause by providing fully subsidized and furnished suites within Toronto and Vancouver markets to aid youth in their transition from the streets into new lives.

“It’s been simply an amazing partnership,” says Bruce Rivers, Executive Director with Covenant House Toronto. “We have this incredible need for affordable, transitional housing here in Toronto, and Hollyburn has stepped up to help address that need.”

“I’m thrilled and so are the other people here at Covenant House Toronto,” he adds.

Hollyburn’s work with Covenant House Toronto began after its first and equally successful collaboration in Vancouver. It provides five subsidized apartments across both regions, including two within the heart of Toronto in close proximity to essential services and Covenant House’s head office.

In addition to providing fully subsidized rental accommodation, Hollyburn also allows the Covenant House Program’s successful graduates to take the apartment’s furniture with them after completing their stay.

These physical contributions aside, Bruce says it’s the human support provided by Hollyburn’s superintendents and head-office staff that has made this initial experience all the more richer.

“The staff at Hollyburn, including superintendents Peter and Shpresa, have been amazing. They’ve been very welcoming and supportive of the young people,” says Rivers. “Our first tenant, Jason, was really intimidated by being alone and being out there on his own, so he really appreciated the support that the Hollyburn staff on the ground at the actual apartment building provided.”

Reflecting on Jason’s journey in whole, he adds: “It’s been a great experience and he’s made incredible progress on all fronts.”

Hollyburn’s partnership has also helped turn a spotlight on Covenant House’s mission within the media and among other potential partners.

This in turn has helped Covenant House form similar relationships with real estate and industry stakeholders, adding much-needed resources and support.

More importantly, Rivers notes, the collaboration has provided Covenant House with accommodations for risk at youth, and established a partnership that both parties are eager to foster for years to come.

“The beauty of this arrangement is it will help a whole host of young people over the years. The positive energy that comes out of a three-way partnership with business, not-for-profit sector, and government is really powerful and this is a perfect example of that partnership in action.”

For more information about Covenant House Canada, visit www.covenanthousetoronto.ca.

Celebrating 40 Years

THE INNOVATIVE SPIRIT The world of property management is always evolving; challenging all those within it to keep pace or fall behind. This is why Hollyburn pursues innovation within every facet of its operations, be it to better the lives of its residents or to continue serving as a leader in its field.

“You have to innovate to survive in this industry,” says Paul. “Things are continuously changing, and it’s a very competitive marketplace. When there are several apartment buildings on the same block, all with one-bedroom suites available, innovation is how you differentiate yourself from the competition, and that’s why it’s been a core focus for us throughout the history of this company.”

In 1995, Hollyburn launched rentersguide.com, the first apartment rental website of its kind in Canada. Representing a turning point in online apartment marketing, the site was supported with a massive media campaign and played an influential role in bringing the industry into the digital age. Relaunched as Hollyburn.com 20 years later in 2015, the site continues to see new updates and features to this day.

Sourcing the most effective apartment materials is also a priority for the Hollyburn team. As such, it invests considerable time and resources into researching the most modern, sustainable, and state-of-the art products and technologies for its suites. These are then subject to comprehensive testing and research before being installed wherever they will most benefit their customers.

For example, explains George, Operations Manager, “As we speak, Hollyburn has two new boiler systems going into buildings, which use a whole new type of exchanger and mixing tank that we’ve never used before. We’re also experimenting with new construction boilers and we’re looking forward to implementing what we learn in our next retrofits.”

Physical innovations aside, Hollywww.hollyburn.com

burn takes pride in bringing new human innovations to the fore. Among these include making community services and support resources available for residents, and providing training and education to both staff and tenants to equip them with the knowledge and skills to unforeseen emergencies.

“You don’t know what can happen.

We’ve had problems where we’ve had weather challenges, floods, power outages, and a lot of different things that have challenged us over the years. In each case, we’ve gone to our staff for new ideas and resolutions to be better prepared in the future,” says Paul.

Indeed, Hollyburn’s innovation is owed in large part to customer feedback, market insights, and a corporate culture that empowers everyone in the Hollyburn team to bring fresh ideas to their jobs.

“Rather than having one person in an ivory tower making decisions, we’ve always gone out to our staff with our challenges,” notes Paul, adding, “That collaborative, grassroots style of management is something we’ve always done and it’s hardwired into our company and has fuelled our success.”

It’s also hardwired into its new construction division, through which Hollyburn is pioneering the next generation of sustainable, stylish, and cutting-edge apartment living.

Overall, Hollyburn’s dedication to innovation has guided the company on a path of increased responsibility, accountability and transparency; a path that has earned its team a reputation as trailblazer in Canada’s property management field over the past 40 years.”

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“We’ve always been an innovator. Whether it’s through new ideas in building infrastructure, operational software, industry marketing, or human resources, it’s in every facet of our company,” says Dan, adding, “Looking forward, as a company, we plan on continuing to advance and improve internally, because that type of thinking is what has made us the company we are today. Innovation is the foundation of Hollyburn Properties’ legacy.”

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12-10-11 2:53 PM

TAKE A fresh LOOK AT WHAT’S POSSIBLE

䌀漀渀最爀愀琀甀氀愀愀漀渀猀 䠀漀氀氀礀戀甀爀渀 漀渀 㐀 夀攀愀爀猀 漀昀 匀甀挀挀攀猀猀 椀渀 琀栀攀 䤀渀搀甀猀琀爀礀 䠀漀渀漀甀爀攀搀 琀漀 戀攀 愀 匀瀀漀渀猀漀爀

More Flexibility

Obtain mortgage financing on up to 85% of the multi-unit property’s value when you are buying, building or refinancing.

Lower Interest Rates

Benefit from interest rate savings available throughout the entire life of CMHC-insured loans, including construction periods and renewals.

Reduced Renewal Risk

Enjoy mortgage renewal with no need to re-qualify. CMHC insures the entire amortization period of the loan and coverage is transferable between CMHC-approved lenders.

Learn how CMHC mortgage loan insurance gives you more choices for your multi-unit property investment.

Call 1-877 Multi GO or visit www.cmhc.ca/multi-unit Congratulations Hollyburn on 40 successful years!

匀倀䄀刀 倀爀漀瀀攀爀琀礀 倀愀爀愀氀攀最愀氀 倀爀漀昀攀猀猀椀漀渀愀氀 䌀漀爀瀀漀爀愀琀椀漀渀 ㌀ 匀琀⸀ 䌀氀愀椀爀 䄀瘀攀渀甀攀 圀攀猀琀Ⰰ 匀甀椀琀攀 ㄀ 吀漀爀漀渀琀漀Ⰰ 伀一 䴀㐀嘀 ㌀䄀㄀

14

吀㨀 㐀㄀㘀ⴀ㤀㈀㈀ⴀ㜀㠀㤀㜀 䘀㨀 㐀㄀㘀ⴀ㤀㘀㐀ⴀ㈀ ㈀㔀

Hollyburn Properties Limited

Celebrating 40 Years

Date: July 2, 2015