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In this episode, we speak with Francine Moore, President, Homestead Land Holdings Limited. Francine shared her insights about the multi-family asset class’ response to COVID-19, challenges facing the sector today, strengths and areas of improvement, and a needed collaboration between the private and public sectors.
The podcast conversation covered:
- Operating sucessfully as a family-owned business
- Competing with larger REITs or funds
- Culture of Homestead that makes it unique
- Homestead’s response to COVID-19
- Strengths of their tenant base and risks to the industry as a whole
- Impact of various factors such as immigration and student housing, construction, low interest rates etc. on demand
- Potential areas of improvement for this asset class
- Reputational challenges facing the industry today
- Cooperation between private and public sectors
- Impact of government policy on the multifamily sector
- How the government can address the need for adequate housing for all Canadians
About Homestead:
Founded in Kingston in 1954, Homestead Land Holdings Limited has grown to become one of Canada’s largest and most respected landlords. Read more.