In short:
Equitable Value-Add, Multi-Family in Greater Montreal Area.
Alpha - Value creation through specialization
Acquisitions & Financing: The general partners have a deep understanding of the Montreal market and have built strong relationships with brokers and bankers. This enables PPI to negotiate better terms with Quebec's largest lenders.
Equitable Value-Add: We diligently raise rents while providing quality care to tenants. We undertake strategic renovations on natural tenant turn-over and explore ancillary revenue-add opportunities. This is a superior strategy that builds trust and goodwill among the community, while enabling PPI to take advantage of the CMHC MLI Select program.
In-House Property Management: The general partners each have over 10 years experience in underwriting, acquisition, financing and property management. The value of this combined expertise is passed on to our investors.
Beta - Value appreciation through market knowledge
Greater Montreal Area: Montreal housing prices continue to be significantly more affordable compared to other major Canadian cities, leading to higher cap rates, higher cash flow and lower risk. Quebec's GDP growth was exceptionally strong pre-pandemic, and it has fully recovered and back to leading position. The strong fundamentals will continue to fuel its growth.
Multi-Family Housing: There is a chronic imbalance between population growth and housing supply in Canada. The demand for spacious and comfortable living spaces is greater than ever.
Long-Term Horizon: Time has 2 virtuous impacts to long-term investments, especially for real estate. There is the compounding effect of assets appreciation, which we all know of. But in real estate, there's also the "de-compounding" effect of liability depreciation, also known as mortgage debt pay-down.
