Condo builders see a robust 2014 market

Ask the leading condominium developers in the Greater Toronto Area how they’re feeling about the 2014 highrise market, and you’ll hear “confident,” “optimistic” and “bullish.”

Indeed, the mood was positive when Jim Ritchie, senior vice-president sales and marketing for Tridel Corp.; Riz Dhanji, vice-president of sales and marketing for Canderel Residential Inc.; Jared Menkes, development manager for Menkes Developments; CentreCourt Developments president Andrew Hoffman; and Lanterra Developments principal Mark Mandelbaum — along with George Carras, president of RealNet Canada Inc. market research — gathered for a round table discussion at the Star. Danny Roth, principal of Brandon Communications, moderated.

discipline, however, and they stress it is industry discipline that ensures the market’s continued sustainability.