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Co-op Management Services in BURNABY FOR GREATER VANCOUVER

Regardless of the current state of your housing co-operative, Ascent Real Estate Management Corporation can serve as the catalyst for improving its overall efficiency. Good governance, fresh ideas, and strong leadership go a long way towards sustaining the long-term success of your operation. Our team provides a range of services designed to improve your co-op’s management. We are independently owned and located in Burnaby.

Maintain all aspects of your property including the administrative paperwork and financial obligations in a better way. We tailor our skills to match your community’s specific needs. If you require reliable co-op management at your Greater Vancouver location, our team is standing by ready to help. Simply request a quote or contact our office today.



Protect your property and ensure peace of mind.



Our co-op services include:

  • Financial operations

  • Meetings and minutes

  • Tasks and trades

  • Communications

  • Emergency response


We are experienced with all of the following:

  • Building envelope repair project administration (including tracking of taxes for rebate application purposes)

  • Annual income testing

  • Annual project data report completion

  • Share purchase loan administration

  • Consumer Price Index calculations on share refunds

  • Preparing property tax assessment forms

  • Applications for and dispersing of Home Owner Grants


We perform the following for Lower Mainland clients:

  • All financial operations are conducted in accordance with the Real Estate Services Act and Operating Agreements

  • Opening and maintaining all necessary trust bank accounts. Each co-op has independent bank accounts

  • Negotiating discounts and favorable rates to optimize interest with financial institutions including term deposits and operating accounts

  • Billing, collecting and depositing co-op income; including monthly housing charges, assessments, fines and miscellaneous charges

  • Providing preauthorization payment option to co-op members

  • Special accounts receivable collections; such as arrears, billings, termination, eviction administration and initiate legal action, as required

  • Receiving, coding, approving and paying expenses as authorized

  • Preparing and providing financial statements in a timely manner. Full statements include detailed general ledger, aged accounts receivable, bank reconciliation including bank statements

  • Providing copies of paid invoices as requested

  • Assisting co-op boards with annual budgeting, long-term planning and replacement reserve fund requirements

  • Arranging audits

  • Providing payroll as required

  • Reconciling share refunds as required


  • Preparing agendas, statements, documents, and reports as necessary and distributing them in advance

  • Organizing and attending board and general meetings in accordance with service agreement

  • Facilitating board and general meetings as required

  • Providing knowledge and experience to board members

  • Providing minute drafts to boards within 48 hours as required

  • Providing minutes for distribution within one week

  • Preparing and distributing general meeting documents in accordance with the Cooperative Association Act

  • Preparing general meeting registration documents, including registration list and ballots


We complete all tasks and directives in a timely manner.

  • Arranging competitive property maintenance, repairs and contracts as authorized

  • Providing available bulk purchasing discounts and services

  • Insurance: Ascent Real Estate Management Corporation has a unique Master Insurance Program. 

  • Economies of scale provide a significant premium discount while providing an excellent independently drafted coverage specification

  • Paying trades in a timely manner


  • Responding to phone, fax, email and correspondence in a timely manner; normally same day or within 24 hours

  • Providing advice to directors at meetings, as required; such as industry operational, administrative accepted practices and regulations

  • Providing documents and records

  • Communicating and corresponding with client employees and trades

  • Receiving and acknowledging correspondence

  • Placing correspondence on meeting agenda

  • Providing rule violation correspondence and follow up


  • Providing a 24-hour emergency answering/responding service

  • We record and act on various types of emergencies that may be unique to each co-op

  • Emergency responses are reported to and followed up by the Co-Op Manager

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