Tony Quattrin joins Aaron and Adam in this week’s episode of the CRE Podcast. He is the Vice Chairman of Capital Markets for CBRE in Vancouver. Tony started his career in Toronto but then left for Vancouver and never looked back.
There are several key differences between real estate investment in Toronto versus Vancouver, which Tony contrasts for us in detail. We hear Tony’s opinion that there is actually not a housing crisis going on in Vancouver and what types of services are gaining traction in the city and how that impacts landlords.
Topics covered include:
- How hard it is to lose money when investing in Vancouver.
- A book that Tony read in one evening which completely changed his view of sales.
- The housing crisis in Vancouver getting blown out of proportion.
- The differences between Vancouver and Toronto that attracted Tony to the west coast.
- Factors that restrict building in Vancouver.
- Massive government intervention designed to attack real estate.
- Some of the large transactions that CBRE is working on.
- Vancouver’s tech sector growth.
- Additional amenities that new buildings are incorporating.
- What Tony has seen developing in the apartment market.
- The reason why Vancouver might not build more high-rise rentals.
- Changes in urban industrial real estate.
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More about our guest:
Tony Quattrin is the Vice Chairman of Capital Markets for CBRE. Tony and his partner, Jim Szabo, manage the Vancouver National Investment Team, a powerhouse group of 13 highly qualified and high-performing real estate professionals.
Mr. Quattrin has over 36 years of experience in the investment real estate business, focusing on major investment grade properties and major development sites across Western Canada.
Mr. Quattrin is renowned for achieving market-leading pricing and setting record milestones that are continuously recognized by the commercial real estate industry in Vancouver and across Canada. This team consistently holds a 40% market share of all commercial investment transactions in Metro Vancouver with a value over $5.0 Million.