Yashar Khalighi, Ph.D., P.Eng., MBA on LinkedIn: Khalighi Becomes Newmark's Senior Managing Director in Vancouver - Connect… | 10 comments (2024)

https://lnkd.in/gnvaqd6C

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I am pleased to announce that I’m starting a new position as Senior Managing Director at Newmark Canada! I will be joining Newmark's Global Capital Markets' Team to lead Newmark's reach into Canada's Capital Market under the leadership of Norm Taylor.

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Thank you CBRE! I will always remember the support from all my peers at CBRE. Special thanks to Jason Kiselbach; Lawson Chu and Sheriden Yip.Looking forward to doing more business with everyone at CBRE and starting a new chapter in my Real Estate Career

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CBRE's Canadian Cap Rates & Investment Insights report was just released. 💡 Key investment trends: - Increasing confidence in interest rate cuts is driving optimism in the commercial real estate investment market.- Cap rates have decreased for the first time since interest rates began rising in early 2022, although limited to specific markets and asset classes.- The pace of cap rate increases has significantly slowed, with the national average all-properties yield rising only 9 bps quarter-over-quarter to 6.69% in Q1 2024.Read the full report: https://lnkd.in/gPSeerg9

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JUST SOLD | 301-370 East Esplanade, North VancouverExcited to announce the sale of a 1,835 SF two-level office space located in the Lower Lonsdale area of North Vancouver, within walking distance to the Shipyards District.It was a pleasure working with Brayden Sangha to represent the Vendor, and with Casey Pollard who represented the Purchaser for this transaction. Congratulations to both the Vendor and Purchaser on this successful disposition! #CRE #Sold #Office

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"Metro Vancouver’s industrial market is entering a period of equilibrium, as the frenzy that once defined the market dies down."Read more:

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"The Bank of Canada has held its key interest rate at 5% for the sixth consecutive time since July, saying it will look for signs that slowing inflation is sustainedbefore moving on rate cuts."

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The future is bright for Vancouver’s commercial real estate market, being recognized as “one of the most resilient markets in the world.”Read more about the predictions from the Vancouver Real Estate Forum for three commercial real estate markets in 2024:

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Despite a drop in investment volume, Vancouver remains the top Canadian market for commercial real estate investment, with investors described as "cautiously optimistic."Read more:

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