Firms bring in seasoned leaders to support expansion and program development
Two Canadian real estate and mortgage firms have tapped high-profile executives to drive growth and enhance operational focus.
RE/MAX Canada has appointed Don Kottick (pictured), former president and CEO of Sotheby’s International Realty Canada, as its new president, effective April 28. Kottick, a veteran of the Canadian real estate industry with more than 30 years of experience, will oversee national operations, provide strategic direction, and support REMAX affiliates across the country.
Kottick’s appointment marks a return to a top leadership role following a successful tenure at Sotheby’s, where he helped double the company’s agent count and grow its market share to record levels. His career includes key roles at Peerage Realty Partners, Right At Home Realty, Royal LePage, and involvement with national organizations including the Canadian Real Estate Association (CREA), Toronto Regional Real Estate Board (TRREB), and the Real Estate Institute of Canada (REIC).
"We are thrilled to welcome Don as the new president of REMAX Canada," RE/MAX Holdings CEO Erik Carlson said in a press release. "His experience, strategic vision and proven success in growing major real estate brands will be invaluable as we continue to lead the way in Canadian market share. RE/MAX agents sell more real estate than any other Canadian brand, and Don coming on board to lead RE/MAX Canada will only build on that momentum and track record of success."
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"I am excited to join this exceptional team and contribute to the next chapter of growth, increased agent productivity, and innovation for RE/MAX Canada,” Kottick said. “I look forward to working alongside the talented RE/MAX affiliates across the country to capitalize on what the brand is doing to modernize and forge ahead so that buyers, sellers and consumers continue to think of RE/MAX first."
Based in Toronto, Kottick will also collaborate closely with leaders of the independently owned RE/MAX Quebec region to amplify the brand’s national presence.
Timbercreek expands CMHC expertise
In another key move, Timbercreek Capital has named Mike Sagert as executive director of its CMHC Multifamily Program, part of a broader push into insured multifamily lending.
Sagert brings 20 years of experience in the multifamily mortgage space, including extensive expertise in strategic planning, investor relations, and credit underwriting.
Prior to joining Timbercreek, he served as vice president of CMHC Multifamily at KV Capital, where he led the growth of the firm’s lending platform. He has also held senior roles at CMLS Financial and worked directly for Canada Mortgage and Housing Corporation (CMHC) earlier in his career.
At Timbercreek, Sagert will focus on developing the firm’s CMHC-backed lending initiatives. The company said he will be directly involved in the program’s launch and expansion.
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