Shelter and accommodation are basic human needs, and their provision accounts for significant portions of both general economic activity and the functions and value of the commercial real estate sector. Housing in Canada has been experiencing consistent year-over-year price appreciations for close to two decades. Increases in both business and leisure travel, as well as the expanding convention business are driving growth in hotel investment. Although traditionally fairly volatile, the hospitality segment has performed well since 2008 and the limited new supply and search for yield has kept investor demand strong. Condominium development is experiencing explosive growth in many cities, driven by changing housing preferences and household composition, steady immigration, the high cost of land and a shortage of single-family houses. Yet in cities such as Toronto, currently experiencing one of the world’s largest condo development booms, the threat of a significant correction seems to grow daily. As these populations age, the need for a variety of seniors housing and care grows. New forms of student housing are being built on and near many university and college campuses, with a significant influx of both development concepts and investment from the U.S. Student housing has evolved into a mature, and increasingly institutionalized asset class, and will soon have its first dedicated REIT listed on the TSX. All of these accommodation-related property types have experienced dramatic growth recently. While they provide compelling investment opportunities, their complexity and uniqueness present significant challenges.
This stimulating, full-day conference will engage many of the industry's foremost leaders in an informative, candid and interactive forum. Four insightful panel discussions will focus on a variety of accommodation-related property types: condominiums, hotels, seniors housing and student housing; and explore important human capital issues in the real estate sector such as recruiting, retention, career development and succession planning. The panel sessions will have a practical focus: analyzing current trends, forecasting future changes, and examining strategies executives can immediately implement to capitalize on opportunities and manage risks presented by emerging market conditions. The event will also provide many informal networking opportunities to build business relationships with senior executives across a broad spectrum within the commercial real estate sector.
To ensure the high quality of this unique and interactive seminar, registration will be limited to 100 people. Our seminars usually sell out quickly, so register early to avoid disappointment. A reduced fee will apply to registrations received by February 20, 2015.
Chief Economist & Managing Director, Economic Research
BMO Financial Group
Bill Stone (Moderator)
Executive Vice President
Chairman of the Board
Holloway Lodging Corporation
Regional Sales Director- Major Markets Eastern Canada
Intercontinental Hotels Group
Chief Operating Officer
Hunter Milborne (Moderator)
Milborne Real Estate Inc.
Cityzen Development Group
Vice President, Land Development
Vandyk Development Group
Senior Vice President, Sales & Marketing
Final panelist to be confirmed
LIFE CYCLE HOUSING
(Students & SENIORS)
Stefan Simonyi (Moderator)
GE Capital Real Estate
Melinda S. Farmer
Regional Vice President
Canadian Campus Communities
Daryl Kish, Senior Vice President, Real Estate & Asset Management, Revera Retirement Inc.
Campus Suites Inc.
Vice President, Business Development
TALENT, GROWTH & SUCCESSION PLANNING
Veronica Pastor (Moderator)
W.P. Osborne Executive Search
Senior Vice President, Human Capital Management
Oxford Properties Group
Chief Financial Officer
President & Chief Executive Officer
Executive Vice President
The Cadillac Fairview Corporation
N.B. While it is highly unlikely, sessions, speakers and moderators
are subject to change without notice.