CONCURRENT SESSIONS (Select B1 or B2)
THE NEXT STEPS WITH NEW BUILT RENTAL: FROM CONCEPT TO DELIVERY TO LEASE-UP
Once the decision has been reached to proceed with a new development, what happens next? From a business plan to project delivery and lease-up, this session will review using case studies the overall process of creating a new building. Looking back often provides great perspective. A panel that has experience with new apartment projects will examine key questions that must be addressed as you proceed with constructing an apartment building. What are the key differences between developing a conventional rental building, a student residence and a seniors building? This session will explore not only the development to lease-up process but also what and where it is being constructed.
Jessica Harland, Vice President, Real Estate Finance, CMLS Financial
Derek Lobo, Chief Executive Officer, SVN Canada
ASSET MANAGEMENT AND RENTAL STRATEGIES FOR OLDER ASSETS: BEST PRACTICES TO COMPETE WITH NEWER APARTMENTS, CONDOMINIUMS AND AIRBNB
Competing with shiny new condominium units and purpose built rental stock has both challenges and opportunities. What steps can you take to enhance revenue streams, reduce operational load, and improve competitiveness against new builds? When is it feasible to introduce higher performance elements in your buildings to improve profits and reduce expenses? What happens when a property is just too old or there is a highest and best use other than pure rental? What are some winning ROI strategies? How is Airbnb posing a threat to the traditional rental market?
Bradyn Arth, Vice President, National Apartment Group, CBRE Limited
Edmund Lee, Senior Vice President, LaSalle Investment Management
Todd Nishimura, Director, Marketing, Vertica Resident Services, GWL Realty Advisors
Ron Penner, Senior Vice President, Operations & Chief Operating Officer, Globe Property Management
Oraska Tam, Analyst, Asset Management, Fiera Properties