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Jeffrey C. Mayes , a reporter for the NY Times shared a story about a hedge fund billionaire from the United States who added to his real estate portfolio by closing on a $238 million apartment in Central Park South, NY, the most expensive home in the United States by more than a $100 million. He called it "a stark reminder that when wealthy buyers like Mr. Griffin purchase expensive apartments as second homes or investments, New York City and the state get less financial benefits."

Mr. Mayes contacted the Institute requesting information about the the research we did on non-resident ownership! You can read the NY Times article here .

If you want to read the research, check it out here! 

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REIBC Events

Webinar: What you should know about Managing or Distributing your Wealth... Are you in Control?
Guest Speaker: Tammy Morin-Nakashima, RI
February 28, 2019 12:00 pm - 1:00pm
Register here

REIBC Luncheon: Retail, Office, Industrial ... What's happening?
March 14, 2019 , 11:30 am - 2:00 pm
Location: TBA
Save the date! Registration will open soon.

2019 BC Land Summit
May 8-10, 2019
Westin Bayshore, Vancouver
1601 Bayshore Drive, Vancouver
Register here 

Industry Events

BCSCA (BC Shopping Center Association)
Winter Mingler 2019 at Prohibition
February 27, 2019 4:00 pm - 6:00 pm 
Prohibition at Rosewood Hotel Georgia
801 West Georgia Street, Vancouver
More info

IRWA (International Right of Way Association)
Course Offerings:
600C: Environmental Awareness (Canadian) May 2, 2019 8:00 am - 5:00 pm
603C: Understanding Environmental Contamination in Real Estate (Canadian) May 3, 2019 8:00 am - 5:00 pm
City of Surrey, Room 4E 00.15
13450 104 Avenue, Surrey

MIABC (Mortgage Investment Association of BC)
April 2019 Luncheon: BTY Panel Discussion
April 16, 2019 11:45 am - 1:30 pm 
Terminal City Club
837 West Hastings Street, Vancouver
More info

NAIOP (Commercial Real Estate Development Association)
Industrial Market Update
February 28, 2019 7:00 am - 9:00 am
Fairmont Watefront Hotel
900 Canada Place, Vancouver 
More info 

UDI (Urban Development Institute - BC)
UDI Seminar: What could the BC Budget 2019 mean to you?
February 22, 2019 7:15 am - 9:15 am
Crystal Pavilion Ballroom - Pan Pacific
300-999 Canada Place, Vancouver
More info

ULI ( Urban Land Institute - BC)
Speaker Series - Community Building Through Public Space
March 6, 2019 5:30 pm - 7:30 pm 
406-611 Alexander Street, Vancouver
More info

Conferences of Interest 

2019 BC Land Summit
May 8-10, 2019
Westin Bayshore, Vancouver
More info

PAMA (Professional Association of Managing Agents)
2019 Spring Symposium
February 21-24, 2019
Sheraton Buganvilias
Puerto Vallarta, Mexico
More info

CMBA-BC (Canadian Mortgage Brokers Association-BC)
2019 CMBA-BC Conference & Trade Show
February 25, 2019
Parq Vancouver
39 Smithe Street, Vancouver
More info

Vancouver Real Estate Forum
April 4, 2019
Vancouver Convention Centre West
1055 Canada Place, Vancouver
More info

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Real Estate Institute of British Columbia
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1750 – 355 Burrard St., Vancouver, BC V6C 2G8
Toll-Free: 1-800-667-2166 Tel: (604) 685-3702 Fax: (604) 685-1026