The needs of buildings and required level of staffing change over time. Brookfield regularly modifies the staffing model in consultation with the Board and management fees are adjusted accordingly. Our mutual objective is to set the right staffing model with the right people in place to deliver the service you are expecting and to be flexible over time as a building moves through its life cycles.

The pricing of a management contract will be determined by the Board’s service expectations for their residents and the building’s life cycle requirements. Brookfield and the Board will weigh these factors, together with the Board’s assessment of historical staffing practices, in coming to an agreement on the most appropriate staffing model and the costs.