October Rental Update - NEWS RELEASE

NEWS RELEASE

Grace Lee Receives RECO warning for false advertising and dealing with honesty and fairness...

Grace Lee, Agent and Broker, Homelife Best-Seller Realty receives warning from Real Estate Council of Ontario (RECO) for multiple offences - including dealing with honesty and fairness, false advertising, failing to act in the best interests, conscientious and competent service, disclosure of interest, acquistion and divestiture by registrant.  TTR filed the complaint against grace lee in December 2011.

TTR secures units for Premier Executive Suites

TTR welcomes Premier Executive Suites into residency for its client PwC. Our team is honoured to provide 4 executive-level accommodations for the largest corporate housing services provider in Canada.

Grace Lee Pays Garnishment Order

Grace Lee, Homelife Best-seller realty has accepted responsibility and issued payments to TTR in accordance with Small Claims court and the garnishment orders in force.  TTR is pleased with the courts decision and ruling which would have held Grace Lee in contempt of court and a jail sentence had she not complied.  The court ruling is of public record and will be a issued and be a part of her file with RECO.  This settles the matter of 1206-25 Capreol Court between the parties.

Three Towers Residential and Oakwood Offer the Best Downtown Toronto Furnished Apartments, Executive Suites, Extended Stay Rentals for Corporate Relocations.

Three Towers Residential and Oakwood Offer the Best Downtown Toronto Furnished Apartments, Executive Suites, Extended Stay Rentals for Corporate Relocations.

TTR Announces Definitive Affiliate Agreement with Oakwood Worldwide

FOR IMMEDIATE RELEASE–March 9, 2012, Toronto—TTR is pleased to announced our new affiliation with Oakwood Global Solutions, a worldwide leader in temporary corporate global housing.  Moving forward, TTR’s properties will now have global reach with our new partner on Oakwood’s Epic platform into 2012 and beyond.

TTR remains committed to expanding its marketing network for our property owners and investors, and now has secured global reach through our local, national and international partners for corporate housing and relocation in Toronto.

TTR properties are now listed with Brookfield GRS (International/National), Oakwood (global), Cosmopolitan Suites (local), Skyview Suites (local) and referral relationships with Toronto Furnished Apartments, Prestige Mississauga, Glen Grove, and Delsuites.  Our agency network includes Coldwell Terequity, Royal LePage, Sutton Group, Century 21, and ReMax Condos Plus.

All properties listed with TTR will now also gain access to Oakwood databases worldwide and be an additional reach to our agents, and brokers in reciprocal referral arrangements.  TTR is one of Oakwood’s supplies which also includes Minto Suites.  Agents are welcome to co-list and market their properties on TTR’s website at no charge for increased and enhanced exposure for their furnished corporate rentals.

About Oakwood Temporary Housing

Oakwood is the global leader and provider of furnished and serviced apartments. For one need or many, local or around the globe -- Oakwood offers flexible, easy-to-use, custom solutions to meet any temporary housing need.  A wide range of inventory and supplier management options allows Oakwood to provide the optimal housing solution whenever and wherever needed. With more than 3,000 Oakwood associates worldwide, nearly 15,000 apartments, and more than 400 network partners, Oakwood can meet any need and delivers with reliability clients can trust.

About TTR

Three Towers Residential is a condo suite management firm and leading provider of furnished executive rentals for the corporate relocation industry. Our corporate residences are located in Toronto’s most popular and convenient downtown locations: Waterclub, Cityplace, Waterparkcity, DNA King West Village, The Pantages Hotel & Spa, Maple Leaf Square, and soon the Ritz Carlton and Trump Tower. Our board members include industry professionals, academic and corporate professional directors and advisors in sales, marketing, legal and financial operations.

Be in great company—our clients and tenants are the best in the world—they include professionals and executives from General Motors, IBM Global Services, Rogers Communications / Ericcson, Scotiabank Wealth Management, IIROC, TD, Dragados-Canada, Citibank, RBC, University of Ottawa, Cisco, CIBC, Canadian Tire Corp., Cogeco Data, and Trump International. TTR also partners with Brookfield GRS to deliver housing search services for the RCMP, Canadian Armed Forces and Public Works Employees.

In the entertainment industry, executives from Degrassi (TV), AEG Live (King Tut Exhibit at the AGO, Britney Spears and Michael Jackson Tours), Sony Entertainment / Total Recall 2012, the Toronto Blue Jays and Global TV (Entertainment Tonight Canada) have called us home.  TTR provides superior price-to-comfort value and concierge services including pet care management, grocery stocking and delivery service, dedicated driver or limo, personal or executive assistance, dry cleaning and laundry pick up, errand and shopping services, enhanced security detail, and personal or private chef service to our guests stays more convenient and enjoyable. We have earned an A-rating from the Better Business Bureau. 

TTR in Search of VP Operations and Finance

TTR is in search of a senior executive to lead operations and financial management.
Based on projected growth, an operational expert with significant financial planning skills is required to help deliver 60 managed condominium units through 2013.

Responsibilities:

• Manage and execute day to day operations
• Manage financial planning including financing, fundraising, capitalization
• Manage external accounting firm, internal or contracted bookkeeping function
• Manage all financial reporting, filings to government agencies including CRA, tax, employment and administrative bodies

Qualifications:

• 10+ years in hotel management, resort or executive leasing experience with a top tier brand such as Premier Execuive Suites, Tridel/Delsuites, Minto, Bridgestreet, Hilton, Marriott Residences, or local or national provider.
• MBA or Business Degree with financial managment designation -- CA, CGA or CPA
• 5+ years experience in real estate leasing or sales
• Managerial experience
• Operational experience with cleaning, janitorial and moving crews
• Luxury hotel operational experience

Qualified candidates should forward a resume to: careers@threetowers.ca with salary expectations and a cover letter in confidence.  Only qualified candidates will be contacted for a personal interview.

TTR Trump Toronto

TTR announces a preliminary working arrangement with Trump International (Toronto) for the leasing and sales of its luxury condominiums in 2012.  This working arrangement and partnership will be completed in preparation for Spring and Summer leasing season 2012.  Further details will be announced as they arise.