Veteran real estate analyst Ben Myers has launched Bullpen Research & Consulting Inc., a boutique residential real estate advisory firm. Bullpen will assist land owners, developers and lenders in their understanding of the new housing market, new home buyer preferences and future trends that will impact their business decisions.
“Recognizing a need for new ways of thinking and utilizing data to underwrite development opportunities, Bullpen’s founding principle is to incorporate more analytics into decision-making when builders and developers are planning new projects, from the built form and unit mix, to suite sizes, floorplan design, floor premiums and end-selling prices,” said Myers, in a press release.
Myers has over 15 years of housing industry experience, both in Canada and internationally. He began his career at the largest market research firm servicing the U.S. homebuilding industry at the time, and in this role, oversaw the collection of new home sales and pricing data in Fort Worth and Dallas, Texas. He has headed up the research arm of a Vaughan-based real estate brokerage, where he produced a monthly report on the ground-oriented housing market and assisted builders with fine-tuning their launch prices.
In his role at Clayton Research Associates, Myers studied demand and feasibility studies, forecasts and recommendations for developers, municipalities and the government. He has also led an apartment data tracking firm and launched a comprehensive report on high-rise investor activity, with a specific focus on condominium apartment rental transactions. Most recently, Myers worked with a development company and provided due diligence on over 1,000 residential opportunities from Victoria, B.C. to Halifax, N.S., with a focus on the dynamics of the location, product type and revenue assumptions.
“I look forward to further applying my housing research experience at Bullpen, and will continue to provide thoughtful and well-researched findings and opinions to our clients and the general public,” added Myers.