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Victoria Multifamily Report 2021 YTD

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research article

In the first half of 2021, the Greater Victoria market generated $408 million, representing some 1,300 units sold or contracted.

  • A significant contributing factor to this historic sales volume came as a result of the sale, in May of this year, of a privately owned, eight-building, 537-unit apartment portfolio at a reported value of around $160M.
  • To help address the housing crisis issues, the public sector has continued to acquire purpose-built rental stock, accounting for 13% (176 units) of total unit acquisition levels in 2021 (YTD).

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Victoria Multifamily Report 2021 YTD

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Tyler Dolan

Managing Director, Vancouver Island and Okanagan

Victoria

As Managing Director, Tyler is responsible for execution of Colliers business strategy on Vancouver Island.  Tyler has and has been active in the commercial real estate industry since 2001, and spent the majority of his career in both real estate and commercial finance with major financial institutions. In May 2018, Tyler assumed the role of Managing Director for the Colliers Vancouver Island office.

Tyler's priorities include business development, employee engagement, professional development, recruiting, financial management and performance, market identity and public relations. Tyler also takes an active role to ensure that all services offered by Colliers are offered to our clients.

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Austin Cope

Research Coordinator

Victoria

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