#7 Covid-eo Chats: Jake Ringwald of CFRealty on the variables undermining BOC rate impact on property valuation

In this chat, I speak with Jake Ringwald about the impact of Covid-19 on one of Canada's most treasured asset classes: multifamily housing. We discuss the abrupt pause to price growth that could occur, despite the stimulus and interest-rate cuts. We weigh in on the spectrum of variables that impact the valuation of real estate, comparing multifamily with other asset vulnerabilities that have appeared as a result of coronavirus.

Jake Ringwald is an experienced associate with demonstrated history in the commercial real estate industry. Previously working at JLL, Cushman & Wakefield, and RKF, Jake brings industry leading experience to the team. Jake takes pride in providing clients with market and industry insights to expedite the commercial real estate transaction process.

• 8:15 - potential for declining rents
• 10:00 - new household formation
• 13:50 - building stronger relationships through client comfort
• 18:00 - sunk-cost bias risk on rent deferral
• 25:00 - ghost hotels as a supply-shock threat

Reach Jake on linkedin https://www.linkedin.com/in/jake-ringwald-38809096/