REALPAC

REALPAC is pleased to share a key resource for commercial real estate professionals: "Canadian Commercial Real Estate: Theory, Practice, Strategy Textbook." This comprehensive textbook offers expert insights across various facets of the industry, from market valuations to leasing and portfolio management. Authored by REALPAC CEO Michael Brooks with contributions from top experts, this guide is invaluable for understanding the nuances of real estate in Canada. Instructors and professors looking to use the textbook as part of a course also have the option of requesting complimentary teaching resources, including guides and exams, to enrich the learning experience. Learn more about how this textbook can enhance your professional knowledge and practice: realpac.ca/textbook

The spring semi-annual meeting in Singapore for the Real Estate Equity Securitization Alliance (REESA) was truly one for the books!  For context, REESA is a global alliance of 7 of the leading commercial real estate associations covering Australia, Canada, Europe, Japan, Southeast Asia, the United States and the United Kingdom.  REESA has an unwavering commitment to promoting, supporting, and scaling the REIT regime globally.  Collectively, these leaders and their organizations represent 90% of the global equity REIT market cap. Planning and facilitating these meetings and our discussions, is truly one of the greatest highlights in my role at Nareit as senior vice president of social responsibility and global initiatives.  Through REESA, I am reminded that our commonalities are greater than our perceived differences, and that #REITs/Securitized Assets are an amazing model to drive economic growth in other emerging markets and nations around the world. I value these moments, to be at these tables, having these discussions, with these leaders. Thank you Sigrid Zialcita for being a world class hostess. REALPAC (Real Property Association of Canada) Association for Real Estate Securitization (ARES) EPRA (European Public Real Estate Association) Nareit  Asia Pacific Real Assets Association (APREA) Property Council of Australia (PCA) British Property Federation (BPF)

Nancy Anderson, CPA, CA, MA, GCB.D at REALPAC discussed the anticipated developments in the primary financial statements project, particularly focusing on IFRS 18 presentation and disclosure standards in this interview at Nareit's 2024 REITwise Conference. https://bit.ly/3vKhw4q

Join REALPAC and Altus Group for the upcoming RPIC – Valuations in CRE course, part of the Real Property Investment Certificate offered by REALPAC and Ted Rogers School of Management - Toronto Metropolitan University. This course is tailored for real estate professionals with up to 10 years of experience in finance-related roles, and covers in-depth property valuation methodologies, enhanced by case studies and the latest technological tools. Date: May 6-9, 2024 Instructor: Michael Wootton, Vice President, Central Canada, Altus Group Venue: Live course on Zoom Enroll now at: https://lnkd.in/gW-jmUHW

It is great to see many of the Accord recommendations reflected in the 2024 Federal Budget. REALPAC supports the measures announced in recent weeks including increasing the Capital Cost Allowance (CCA) on newly constructed rental buildings and additional funding for the Apartment Construction Loan Program, among other measures to build more housing across the full housing continuum and collaborate with all levels of government. 

The National Housing Accord authors – the Canadian Alliance to End Homelessness, REALPAC, and the PLACE Centre at the Smart Prosperity Institute – welcome today's release of the federal government’s new housing plan, Solving the Housing Crisis: Canada’s Housing Plan.  The plan, announced today, is the most comprehensive and ambitious housing strategy by a federal government in over 40 years. We commend the government’s bold vision reflected in this housing plan to make housing affordable for everyone. Read more at: https://lnkd.in/ggyn2RxF

REALPAC's upcoming Fundamentals in CRE education course, from April 15-17, 2024, offers a deep dive into commercial real estate investment and development in Canada. Instructors Joseph Shaw, CFA, MSc RE, MBA, Cert. in ESG Investing (SVP, Strategy & Consulting, Colliers) and Charlene Schafer (Partner, Torys LLP) will cover all aspects of CRE from real estate economics, law, and regulation to investment analysis and risk management. This course is for both mid-career professionals as well as those new to the real estate industry, and will provide fundamentals in CRE for directors, lenders, regulators, and real estate agents seeking a broadened understanding of the subject. Register at: https://lnkd.in/gEmzckmt

REALPAC commends the steps taken today by the provincial government, advancing a number of initiatives recommended in the National Housing Accord. The changes announced today under the Cutting Red Tape to Build More Homes Act, 2024 will: - Include exemptions to the Planning Act to get more student housing built, standardize housing designs and work with the federal government on the catalog, - Update the Building Code to increase housing supply and support innovation, - Reduce red tape to allow for intensification and increase the supply of land available for housing, - Enhance municipal data reporting on housing supply  We look forward to ongoing collaboration with the province to continue this positive momentum to get more affordable rentals built. Read the full measures of the bill here: https://lnkd.in/g_tqgsXR

REALPAC CEO Michael Brooks and R-LABS Canada Inc. CEO George Carras recently joined CBC/Radio-Canada's Matt Galloway to explore innovative solutions to Canada's housing crisis, and to rethink what and how we are building. Listen to the full interview at: https://lnkd.in/g3TWeNBC

REALPAC is pleased to see another announcement from the federal government, drawing again on recommendations from the National Housing Accord. This announcement outlining programs for innovative construction, design and modernization will increase productivity and help build much needed housing supply as quickly as possible. Read the full announcement at: https://lnkd.in/e9ANw8kc