The first quarter of 2021 brought a continued surge in COVID-19, particularly new and more contagious COVID varieties. Despite this surge and renewed lockdowns, the rollout of vaccines across Canada has resulted in a little less uncertainty in the future outlook for the economy and commercial real estate.
Canada Cap Rate Report Q1 2021
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Tim is a real estate professional with over 14 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 $30 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, Fiera Real Estate, Oxford Properties, Pure Industrial, 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.