Karl Innannen
                                            Managing Director, Broker, Colliers, Kitchener
                                    
                
                
                    
                        
                        
                            
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Karl Innannen
                                                                                    Managing Director, Broker, Colliers, Kitchener
                                                                            
                                    
                                                                                    Karl Innanen is Managing Director, Broker with Colliers in Kitchener and co-leader of Colliers’ National Multifamily Team. His expertise is in understanding and analyzing clients' needs in relation to the dynamics of the market, and formulating strategies that enable them to attain their business goals.
                                                                             
                                    
                                                                                                                                                                
                                    
                                 
                             
                         
                     
                                            
                            
                            
    
            Karl Innannen
        
            
                Residential
            
    
            
                Market Trends
            
    
            
                    National
            
    
                        
            Sep. 16 2021
            
            
    
                            
    If only I knew then what I know now. In 1994, I brokered the sale by Manulife of a 456-suite apartment building in Kitchener for $18 million. The building’s cap rate was 11%. The buyers politely suggested I invest my