At the Western Canada Apartment Investment Conference in Edmonton, we’re joined by Cynthia Jagger. She is Principal at Goodman Commercial, making her a specialist on everything about apartments in Vancouver, where she is based.

After giving a rundown of how Vancouver’s real estate market fluctuated throughout the pandemic, we hear from Cynthia about what is currently happening in the city. She talks about positives and negatives of building in Vancouver, as well as her predictions for cap rates.

Topics covered include:

• Vacancy rates seen in BC during the depths of the pandemic.
  
• The divergence of cap rates when comparing new builds to existing properties.
  
• How uncertainty throughout various financial assets is affecting real estate.
  
• The average down payment right now.
  
• Uncertainty around pre-approvals.
  
• Why Vancouver is not currently seeing a lot of completions.
  
• Activism that Cynthia participates in.
  
• Challenges in delivering rental properties that are unique to Vancouver.
  
• Do decision makers in Vancouver understand the relationship between supply and affordability?
  
• Sentiment around interest rates in Vancouver.
  
• The impact of decreased number of offers on bid dates.
  
• Cynthia’s experience as a commercial appraiser before joining Goodman.
  
• What coming out of COVID has looked like thus far in Vancouver.
  
• Why Vancouver is steady and consistent, without “lottery win” purchases.
  
• Cynthia’s thoughts on if cap rates have moved.
  
• What investors can expect from Vancouver this year.
  

More about our guest…..

Cynthia Jagger is a commercial real estate broker and Principal at Goodman Commercial Inc. A former Director at Altus Group, Jagger has consulted on tens of billions of dollars’ worth of commercial real estate in B.C. and provided guidance on some of the biggest and most complex land deals in Vancouver history. Since joining Goodman Commercial in 2016, Jagger has completed over $2 billion in commercial property sales on behalf of clients in Metro Vancouver. What sets her apart is her ability to get the kind of information you can’t find on Google.

Jagger has emerged as a powerful voice for the industry in these uncertain times. She’s been a guest speaker for the Urban Development Institute, BIV, BDO LLP, REGBV and has led panels for the Vancouver Real Estate Forum and the Canadian Apartment Investment Conference. Vocal on how urban land economics respond to government regulation, she’s frequently quoted in the Vancouver Sun, Western Investor, National Post, The Globe and Mail, Business in Vancouver, Western Investor, Landlord BC Magazine and more. For contact information or to subscribe to the newsletter, please visit www.goodmanreport.com.

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