COVID-19

Updates and resources for our valued clients and employees

By: Team LWSDate: Mar 26, 2020

LWS Rental Market Update No. 2 (COVID-19): Apartments Show Resilience Amid Crisis

Since our last update a lot has happened, including news that property management firms were officially deemed an essential industry by the Ontario government. This means they can remain open for business throughout the COVID-19 crisis.

In most cases, our data and research indicates that apartment demand hasn't disappeared; it now could just be a question of what multifamily asset class will perform the best and how to fulfill the demand – safely, given the situation.

On the supply side, our initial research indicates a possible shift within the short-term rental inventory, including Airbnbs joining the long-term rental market, which could flood and unbalance the market in favour of renters.


By: Team LWSDate: Mar 19, 2020

LWS Rental Market Update No. 1 (COVID-19): Rental Demand Appears to Hold Steady

On behalf of everyone at Landlord Web Solutions (LWS), we want to reach out again with the hope that you and your loved ones are safe and healthy. We are a data-driven company, and right now, the data shows that it is crucial to flatten the curve of the COVID‑19 pandemic. 

We also have an obligation to use our data and expertise to help our multifamily clients weather the storm, so, during this time, we'll be publishing content to help you navigate your way through these unchartered territories.

That brings us to our first order of business. We'd like to share a few early indicators and tips to help you make the best marketing and advertising decisions for your property portfolio throughout this time.


By: Team LWSDate: Mar 17, 2020

Business Continuity Plan for Landlord Web Solutions (COVID-19)

We want to let you know that we are actively monitoring the COVID-19 situation closely, and are taking every proactive precaution possible.

We are all experiencing the news on multiple levels – but are working to maintain business continuity while providing a safe environment for our employees.

We realize this health situation has been disruptive to many businesses across the globe and would like to share some updates about what we're doing to support both our customers and employees. 


Industry News


Information

By: Team LWSDate: Mar 17, 2020

Information About COVID-19

COVID-19 is a new strain of Coronavirus, from a large family of viruses that cause illness, ranging from the common cold to more severe respiratory diseases. This particular strain has been proven to transmit from human to human and animal to human. 

Symptoms of COVID-19 can include: fever, fatigue, dry cough, shortness of breath and breathing difficulties. In severe cases, it can cause pneumonia, severe acute respiratory syndrome & kidney failure. However, it does not exclude: aches & pains, nasal congestion, sore throat and diarrhea. 

If you are experiencing symptoms related to COVID-19, before you enter a doctor's office or emergency room, take this self-assessment provided by the province of Ontario. Call ahead before you enter any health facility. 
 

What can we do to mitigate mass spread? 

Practice excellent basic hygiene like hand washing for at least 20 seconds with soap, cover your mouth when coughing or sneezing and stay home when sick. More recently, social distancing measures have been put into place. These include: working from home when possible, avoiding large gatherings, events & public places and avoiding contact with people in the high-risk category (60+ years old; those with pre-existing health conditions). 

(All above information provided by the World Health Organization website)

[UPDATE: If you're looking to become more informed about COVID-19 we'd recommend reading the article called Coronavirus: The Hammer and the Dance written by Tomás Pueyo]