In this chat, I speak with Jake Ringwald about the impact of Covid-19 on one of Canada's most treasured asset classes: multifamily housing. We discuss the abrupt pause to price growth that could occur, despite the stimulus and interest-rate cuts. We weigh in on the spectrum of variables that impact the valuation of real estate, comparing multifamily with other asset vulnerabilities that have appeared as a result of coronavirus.
Jake Ringwald is an experienced associate with demonstrated history in the commercial real estate industry. Previously working at JLL, Cushman & Wakefield, and RKF, Jake brings industry leading experience to the team. Jake takes pride in providing clients with market and industry insights to expedite the commercial real estate transaction process.
8:15 - potential for declining rents
10:00 - new household formation
13:50 - building stronger relationships through client comfort
18:00 - sunk-cost bias risk on rent deferral
25:00 - ghost hotels as a supply-shock threatReach Jake on linkedin https://www.linkedin.com/in/jake-ringwald-38809096/