Joining Aaron and Adam at the Toronto Real Estate Forum is Rob Kumer. He is the President and Chief Investment Officer at KingSett Capital, having originally joined the company in 2004.
Rob takes us through KingSett’s investment strategy, including why different funds can participate in the same deal at KingSett, while they sometimes can’t at other institutions. He also explains why getting back to the office has been so important for company culture.
Topics covered include:Conceiving new funds at different points of the risk/return matrix.
- Different funds participating in the same deal.
- Privatizing the Northview Apartment REIT in 2020 and how assets were split up.
- Where Rob sees the best opportunities in today’s competitive market.
- How disposition varies across KingSett’s various portfolios.
- The disposition program that KingSett began due to COVID-19 hitting, with a focus on vacant land.
- A question to ask yourself at the beginning of each day regarding real estate investment.
- Is there such thing as having too much capital?
- Why KingSett is always in some sort of money-raising mode.
- The seminar that made Rob realize he wanted to get involved with real estate.
- A background of Rob’s real estate career and how he ended up at KingSett.
- How Rob thinks about leadership at KingSett.
- Creating a culture that permeates throughout the whole organization.
- Being sure that your people treat other people with respect.
More about our guest:
Rob is President and Chief Investment Officer of KingSett Capital. He joined KingSett in 2004 and has overall responsibility for the execution of the firm’s strategy and delivering results for investors.
Rob chairs KingSett’s Investment Committee, which oversees new investment activity, project finance strategy and KingSett’s mortgage lending business. Rob also chairs the firm’s Management Committee, which is responsible for the oversight and ongoing implementation of KingSett’s business strategy.
Rob holds a degree in Honours Business Administration from the Ivey Business School at Western University and is a member of the school’s Advisory Board. Rob is also a director of the Sinai Health System Foundation in Toronto.
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