Strategic Partnerships, Market Challenges, and Tech in Canadian Multifamily Investments
In this episode, Sandy MacKay explores the importance of strategic partnerships in multifamily investments. He delves into the investment strategy and focus areas of the Starlight Canadian Core Multi-Family Fund, highlighting its approach to the market. Sandy discusses the appeal of private real estate investments with insights from Eric Bélanger. He examines the challenges and opportunities currently present in the Canadian multifamily market, while also considering the impact of international trade tensions on housing forecasts. Technological advances in property management are discussed, alongside strategies for improving ROI and ensuring compliance in water-management programs. Sandy concludes with his closing remarks.
Key Points
- Starlight Investments, in collaboration with CIBC Asset Management, has launched a $750 million fund to acquire high-quality multifamily rental properties in Canada's largest urban markets.
- The Canadian multifamily real estate market is experiencing challenges due to a surge in new supply and reduced demand from slowed immigration and fewer temporary residents.
- Innovative leak detection technology, utilizing smart sensors and artificial intelligence, is becoming essential for multifamily operators to prevent costly water damage and enhance asset protection.
Chapters
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| 4:38 | |
| 6:06 | |
| 9:17 | |
| 10:45 |
Transcript
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