Career Shift to the Equity Side with Tim Kennedy of Lowland Properties

Houses for sale in Ottawa

Our guest today at the Southwestern Ontario Real Estate Forum is Tim Kennedy, the Principal of Lowland Properties. Lowland is headquartered in Kitchener, and currently has three other employees (besides Tim).

Tim takes us through his real estate background, including how his father, who was also in the real estate business, influenced his career. He’ll also tell us about the projects Lowland is currently working on and why he prefers living in Kitchener instead of Toronto.

Topics covered include:

  • How real estate got ingrained in who Tim is.
  • The way that Tim’s father got him to go job hunting every summer.
  • Tim’s experience as a broker at Ashlar Urban Realty.
  • What it was like transitioning from Ashlar to First National.
  • How Tim ended up making his first investment in Kitchener-Waterloo.
  • Learning to create positives out of negative situations.
  • The difficulties Tim faced when starting his own business when the pandemic struck.
  • A property that Tim had to convince his investors to jump on.
  • An overview of Lowland’s portfolio and employees.
  • Why brick and beam properties don’t suit everyone in the long term.
  • A multi-residential project that Lowland is currently building.
  • Why the vast majority of Lowland’s acquisitions will remain in KW for the foreseeable future.
  • Why Tim prefers Kitchener over Toronto for raising his family.
  • What Tim sees that reinforces his investment thesis in this region.
  • The reputation of the University of Waterloo.

More about out guest…

Tim Kennedy is a Co-Founder and Principal of Lowland Properties Group, a privately owned commercial real estate investment and management company located in Kitchener, ON. Along with their partners, Lowland owns and manages close to 500,000 sq. ft. across Southwestern Ontario. Lowland is a product of its principals building long-term, positive, transparent relationships over the years, which has become the value base for its dealings with investors, customers, and service providers. At Lowland, Tim heads up capital raises, acquisitions, leasing, and property management functions. Prior to co-founding Lowland, Tim worked in both commercial real estate brokerage, for a boutique Toronto firm and in finance, for one of Canada’s largest commercial lenders. Tim’s passion for the business, and more importantly people, is what drives him every day.

The CRE Podcast is powered by First National.

In partnership with Canadian Real Estate Forums.


Source link
Ottawa New Listings

Leave a Reply

Your email address will not be published. Required fields are marked *