RE/MAX Canada has recruited 20-year commercial real estate industry veteran Damon Conrad to be its new vice-president of commercial. Conrad joins RE/MAX from Royal LePage Commercial, where he served as vice-president and general manager.
The Canadian commercial real estate market is undergoing a quiet recovery, characterized by stable overall capitalization rates (OCR), a continued flight to quality—particularly in well-located retail and residential assets—and divergent performance across sub-markets.
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