
The podcast explores the complexities of the Canadian housing market, particularly in Toronto, and the shift towards rentership as a lifestyle choice. It features Hooman Tabesh, founder of Alliance REIT, who discusses his company's strategy of acquiring and converting older buildings into multiplex apartments. Tabesh differentiates Alliance REIT from larger REITs, emphasizing its focus on urban multiplex housing and providing investors with diversified portfolio exposure. The conversation covers the nuances between BlackRock and Blackstone, the factors contributing to Toronto's challenging housing market, and the potential for multiplexes to offer a resilient housing solution. Tabesh also shares insights on identifying good real estate deals, the importance of location and livability, and the evolving preferences of renters in Toronto.
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