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CAPREIT
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9 reviews

CAPREIT Employer Reviews

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Accounts Payable
Accounts Payable Analyst (Former Employee), 11 Church St, Toronto – April 27, 2013
Pros: nothing
Cons: yelling at staff and lack of support and leadership
I worked in the AP department from 2011 to 2013. During this time their was constant yelling by the manager. The manager was friends of the VP of Accounting, she was alway running around frantically to get the work done. The Controller, her boss was never to be found and didn't really seem to know what was going on.

In the summer the office was sickening – more... hot, we had big fans to keep the hot air moving.

Glad to get out of there. – less
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right business model and strategy induced smooth operation
Assistant to the Controller (Former Employee), Toronto, ON – February 4, 2013
A/P,POST DATA,ANALYSE THE VARIANCE,MARKED THE HYDRO BILLS,CONTROLLER
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Project Analyst
Project Analyst (Former Employee), Head Office Toronto – November 19, 2012
Pros: nothing but a name on my resume.
Cons: a boss who constantly criticized everyone and made everyone uncomfortable
This was my first job from school, I was hired to be a Project Analyst report to the VP Accounting.

I was expecting to review Financial statement and assist in developing reports. Each day I was given simple clerical task from data entry to filing papers. My boss was never around to give me direction and whenever I asked a question of someone else, – more... the VP promptly showed up and interrupted us.

I got out of that place after about 2 months. – less
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Accounting at its worst
Property Accountant (Former Employee), Head Office - 11 Church – November 17, 2012
Pros: not much i could say
Cons: vp yelling at people and picking on them.
Hired as a Property Accountant, and did Account Reconciliations, Financial Statements and variance analysis, typical Accounting work, I ended up with a work load three times what I started. I recieved lots of support from my boss, however nothing but criticism from the VP. I was expected to always be available to handle additional work and yet never – more... received as much as a Thank you from her.

The environment at the head office is disgusting, no air conditioning in the summer, mice, freezing cold in the winter, broken elevators and it is generally dirty.

The company is lead by a group of people who have worked together for over 20 years. They yell at everyone and are mean. All the leaders are all white, however most employees are not. Over half the employees have a manager title, however neither my boss or my bosses boss could approve anything. Only the VP can approve somthing.

The computers system is very old, a green screen from the 80's

The company makes many promises to its employees and never delivers. HR just smiles and tells everyone that thing are going to changes, don't believe them.

Employee turnover was around 50%.

Just a horrible place to work – less
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learnt a lot of administrative and accounting there
Accounting Clerk (Former Employee), Toronto, ON – June 9, 2012
Pros: learnt lot of administrative and accounting work
Cons: sad part to leave this organisation
I was hired for three months contract period for their AGI Project ( Above Guidelines Increase in Rent) for their various properties in and around Toronto, while working on coop position there.

The list for various old invoices for capital maintenance in various properties was given and pulling out invoices from vendors files for 2009 and 2010, photocopying – more... them, and restoring the same in vendors files alphabetically.

I love my work, whatever it may be. I learnt a lot of administrative and accounting work there under the supervision of my supervisor. While keying in on AS-400 system, this was my first computerized accounting package to operate and could learn within short time. The entering invoices in Spendmap (Purchase Plus) system after scanning for approval of concerned Project and generating daily report was great experience.

The monthly petty cash adjustment was also good.

The coworkers have been very cooperative and have been helping wherever I needed help.

The management was kind enough to give me employment for 3 months after seeing my work

AGI applications (3 Sets) were scrutinized with the original sets and then submitted to Landlord and Tenant Board and got their acknowledgement. – less
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Fun work place
Maintenance Tech (Former Employee), Greenwood, IN – May 6, 2013
My direct manager was awesome. It didn't matter what you needed help with he was there to help or show you a better way to do a job. He never acted like he was better or smarter than you he took the time to explain everything.
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There are so many better companies out there
Accounting department (Former Employee), Toronto, ON – April 4, 2013
Pros: i no longer work here
Cons: no professionalism, too much management no ethics
I left a really great company and made the mistake if thinking this was a better move for my career. I was told my position upon hiring would only have one goal to focus on one area however due to other employees lacking the skills to complete the work it headed on my shoulders. The first day I started a Manager was yelling at an employee. If you make – more... errors management will accuse you in front of the entire team. It's awful seeing fellow coworkers go through that embarrassment. The company expects you to work hard but the management seems to be able to leave early and come in late. There is no respect. The conditions are mice in the office, elevators always shutting down, old carpets and old desks. Bankers boxes everywhere.staff look miserable and unhappy. Hr does not listen. Beware capreit posts positive reviews to counteract bad reviews for human resources and their apartments. Top management does not care about their tenants so an employee wonders what am I really working for? Beware they have no class this company and no professionalism. 80% turnover. They will never reach standards of other REIT companies. – less
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Property Manager
Property Manager (Former Employee), Florida – January 13, 2013
Many managers are kept at their property when the property is sold or just turned over to a new management company. With that being said,Capreit starts out trying to be professional but never quite reachs it. If you can't continually kiss up to corporate then you won't make it. They then will turn on you, sic their Area Managers on you who love to yell – more... and belittle. Their reporting system is so outdated, you waste so much time with that and preparing your invoices, which told us, there are way too many chiefs that need to be kept busy. – less
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Great company with good benefits.
Property Manager (Former Employee), Rockville, MD. – March 2, 2012
Pros: free apartment, on-going bonus programs.
This company offered a wonderful on-going training with the opportunity for advancement. All corporate staff were professional and were always available for help in any type of situation that came up. When I started with them, they were known as CRI (Apartment Property owners), then as CRICO (management division) and then they formed the REIT known – more... as CAPREIT. They owned and managed properties in 17 states. – less
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About CAPREIT

CAPREIT is a company of real estate experts, each of whom has many years of experience specializing in the multifamily sector. – Read more