Typically, we see foreign investors focus on the traditional gateway cities such as New York, Los Angeles, Vancouver and San Francisco. While these markets offer numerous opportunities to invest, they may also display characteristics that discourage foreign investment decisions. Such challenges include high costs and additional taxation and in some cases demand that exceeds supply. The combined effect of these factors is lower yields and potential limitations to medium term capital appreciation.
Christopher Wein is the president of Great Gulf Residential of Great Gulf Group Ltd. He leads the senior management teams for all land, housing and high-rise residential development initiatives. Wein has more than 20 years of senior leadership in the design and development industries. He serves on numerous boards and is a frequent speaker at industry conferences and universities.
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Great Gulf Group Ltd.