Converting Commercial Real Estate to Residential: Pros and Cons

Following the conversation, we invite you to join us for a meet-and-greet with the speakers and light refreshments.

David Feldman, CEO, Camrost Felcorp Inc.
Prof William Strange, Camrost Felcorp Professor of Urban Economics; Director, David Feldman Centre for Real Estate and Urban Economics

Co-presented by:

Toronto's real estate markets face significant challenges. Residential markets are unaffordable for many, while commercial markets have been impacted by reduced demand associated with the trend towards work-from-home. This has led the hope that the conversion of excess commercial properties to residential might help to address both issues. This event will feature a conversation between Rotman's William Strange and David Feldman, CEO of Camrost Felcorp Inc. Mr. Feldman is the developer of successful conversions like Imperial Oil's former Head Office Building, the original Four Seasons Hotel, the McGuinness Distiller and the Imperial Oil former Head Office Building.

David Feldman is a prominent leader in the Canadian real estate sector and is the Founder, President, and CEO of Camrost Felcorp. He has developed over 80 buildings, comprised of 20,000 market residences and over 2,000 affordable and senior housing units, with more than 2 million square feet of mixed-use office and retail space.
Camrost Felcorp is currently focused on constructing its ongoing projects and has a 15-year transformational development pipeline aimed at enhancing urban communities in Mississauga City Centre and Toronto. The company is recognized for its commitment to sustainability, with LEED-certified developments and the construction of North America's tallest residential geothermal building.
Feldman embraces a comprehensive approach to real estate development, excelling in acquisition, planning, financing, marketing, and construction management of urban communities.
Beyond his professional success, Feldman and his wife, Angela, are noted philanthropists and collectors of international contemporary art. Their contributions have earned numerous accolades, including Best Community awards from the NAHB, the Queen's Jubilee and Bicentennial Medals, and the Key of the former City of North York.
In summary, David Feldman’s impact on real estate and community development reinforces his reputation as a respected entrepreneur in Canada

William Strange is the Camrost-Felcorp Professor of Urban Economics, the Director of the David Feldman Centre for Real Estate and Urban Economics and a is a Professor of Economic Analysis and Policy at the Rotman School. William is currently Editor of Journal of Urban Economics (with Stuart Rosenthal), and he served in 2011 as President of the American Real Estate and Urban Economics Association. He works in the areas of urban economics and real estate. His research has considered agglomeration, industry clusters, labor market pooling, skills, private government, real estate development and real estate investment.

This event is available to attend in-person only.

Rotman Events is committed to accessibility for all people. If you have any access needs or if there are any ways we can support your full participation in this session, please email [[email protected]] no later than 2 weeks in advance of the event and we will be glad to work with you to make the appropriate arrangements.

The event will be hosted in Desautels Hall at the Rotman School of Management (105 Saint George Street, Toronto, ON M5S 3E6).

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Questions: [email protected], Megan Murphy

Host or Publisher Rotman Events