It takes a few things to grade the severity of imbalances in Canada’s housing market, which then help find risks of crashes. They dealt with large changes in the market in the late 80s due to the advancing recession, and again for the same reason in 2008/2009, then this year brought yet another significant waver. Despite the uncertainty surrounding the market, a surprising amount of individuals and companies are buying and selling properties.
Many areas even faced low stock for a while, something rarely seen in the real estate industry. It seemed a lot of families were selling extra properties and assets or downgrading after losing their incomes. This caused a massive surge in real estate statistics, and the numbers were way up since 2019, with year-to-date sales even being up 16% since last year. This is something nobody expected to happen due to the severity of the pandemic and similar market uncertainty in the past.
Luckily for Winnipeg, their market is exceptionally secure, and if a crash does happen, they aren’t terribly impacted. Investments are stable, the area is never affected by natural disasters, and prices aren’t very high, all of which make for a great environment to buy or sell in. Owners and co-founders of HighKey Real Estate, Jordan and Luke Lintz have taken notice of this and used it as a push to start their own industry-related business.
With a long list of successful companies to their names like HighKey Agency, HighKey Clout, and HighKey Technology, the brothers aren’t strangers when it comes to the skill of scaling. Having started their entrepreneurial journey in 2016, Jordan and Luke perfected their business practices and have raised the value of their brand to over seven figures.
Real estate has always been a goal of the two due largely to the late Stefan Aarnio, a self-made millionaire and real estate expert Jordan and Luke used to do business with. Though Stefan sadly passed away earlier in the year, his legacy lives on through BlackCardU, an elite real estate coaching company based in Winnipeg. Since its creation, HighKey has been doing business with the company.
The connections made with the BlackCardU team have brought opportunities for great deals, and in late October, HighKey bought a 28-unit apartment building located on Jefferson Avenue priced at just over $2 million, and a 35-unit apartment building on David Street for around $3.5 million.
The deal was a huge milestone, and it was only their first purchase as a company. As the years go on, growing their real estate portfolio is one of the main goals. Raising capital and providing investment opportunities is also on the list of to-do’s, the latter being one of the main reasons for the company’s overall creation.
Jordan and Luke want to offer clients the best service and highest return rate for their investments, and that’s something that takes a while to adjust and perfect. It may not be available for a couple of years, but as one of the most requested things from high-level clients, it’s consistently being worked on.
Going off of the tracklist of companies the brothers have grown, the future of HighKey Real Estate is bright. Their Instagram, @HighKeyRealEstate, is full of more information and updates on their work. Make sure to check them out for more in-depth information regarding their ongoing projects.
