The effects from the COVID-19 pandemic started to reveal themselves in the investment markets during the second quarter of 2020 as overall sales volumes decreased by 43% across the country from the previous quarter. While some transactions were completed, they were mostly agreements negotiated before the onset of the pandemic. View the Q2 2020 Cap Rate Report to find out more.
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Senior Director, Valuation & Advisory Services, Greater Toronto Area
Tim is a real estate professional with over 12 years of experience in the valuation and underwriting of various types of commercial assets. His specific strength is in the valuation of institutional quality office, industrial, retail, multi-family, and mixed-use assets. Throughout his career he has been involved in the valuation of over $20 billion in real estate assets across the country while working as both a fee and non-fee appraiser, and as part of the acquistions team for a large canadian realty advisor. In his current role, Tim manages large client mandates and national portfolios for some of Colliers largest valuation clients in Canada including Blackstone, Choice Properties REIT, Oxford Properties, PIRET, and Quadreal to name a few.
Tim graduated with a Bachelor of Commerce Degree, specializing in Housing and Real Estate Management, from the University of Guelph, as well as a Post Graduate Certificate in Real Property Valuation (PGCV) from the University of British Columbia. He is an AACI designated member of the Appraisal Institute of Canada.