Cynthia Jagger and Mark Goodman, Principals at Goodman Commercial Inc., are pleased to announce they will be speaking at and sponsoring the upcoming Vancouver Real Estate Forum and Western Canada Apartment Investment Conference, the largest annual conferences on real estate investment in the region.
Vancouver Real Estate Forum
On Tuesday, March 31st, 2020, Cynthia Jagger will be moderating the multi-family panel at the Vancouver Real Estate Forum. The session is entitled The multi-residential market continues to be buoyant with strong demand and low vacancy: but what impact will government policies have going forward? Vacancy in Vancouver’s multi-residential market has continued to be well under 2% as it remains a source of relatively more affordable housing. However, provincial legislation capping rent increases at 2.5% and soaring property taxes have put upward pressure on owners with older buildings that need updating. How is Vancouver’s new Tenant Relocation and Protection Policy impacting the market? Combined with high land and construction costs, will purpose built rental still be feasible? Is condominium development a better alternative? What are investors doing in this market under these conditions? For more information and to register for the event, please click here.
Western Canada Apartment Investment Conference
The following day, Wednesday, April 1st, 2020, Mark Goodman will be a panelist at the Western Canada Apartment Investment Conference. This session, The Western Canadian Market: Insights on apartment investment in Vancouver, Calgary and Edmonton, will provide an update on multi-residential investment activity within each of the three major markets in Western Canada. What are some of the key transactions that have taken place in the last twelve months? Where does investor interest appear to be heading in each market? Who are the predominant buyers and sellers of properties at this time? What does the future likely hold? For more information and to register for the event, please click here.
We look forward to seeing you at these events! Please feel free to contact us if you wish to discuss your real estate asset or the market in general.