In this episode of the Commercial Real Estate Podcast, hosts Aaron and Adam interview Paul Chaput, Senior Vice President at Institutional Property Advisors (IPA), a company specialising in commercial real estate investment and sales, capital markets, and market research.
Join us as we discuss the buyer-seller market in Alberta and Western Canada, including the impact of COVID-19, changing interest rates, and the influx of people moving to Alberta on demand and commercial real estate prices. We also delve into the differences between the Calgary and Edmonton markets, the profile of buyers and sellers in different markets, and the future of real estate in Western Canada. Don’t miss out on these valuable insights into the commercial real estate market in Alberta and Western Canada!
Topics covered include:
- A closer look at Institutional Property Advisors (IPA)
- The impact of COVID-19 and changing interest rates and fee structures by CMHC
- Impact of people moving to Alberta on real estate affordability
- Differences between Calgary and Edmonton markets
- Profile of buyers and sellers in the market
- Development challenges, central infills, and high-density projects in Edmonton
- Availability of land and quick entitlement process in Calgary
- The future outlook for the Western Canadian market
More about our guest…
“We’re seeing an influx of people moving to Alberta, but it’s not because of an oil boom. It’s more about affordability factors and job opportunities. People can have a good quality of life here without breaking the bank.” Paul Chaput
Based in Edmonton, Alberta, Paul Chaput is a market leader in the disposition and acquisition of multifamily properties throughout British Columbia, Alberta, Saskatchewan, and Manitoba provinces. Well-versed in all aspects of the multifamily market, Paul and his team have successfully transacted with developers, pension fund advisors, REITs, insurance companies, and high-net-worth private parties.
Before joining IPA, Paul worked for CBRE Limited and Avison Young. He received his Bachelor of Commerce from the University of Alberta. Paul is a well-regarded speaker and guest lecturer at the University of Calgary’s Haskayne School of Business and several Real Estate Forums. He is also a member of the Commercial Real Estate Advisory Committee, which advises the Real Estate Council of Alberta on the commercial aspects of the industry.
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