Vancouver, BC

Vancouver, BC

Carl Nilsen

Senior Director, Research, Valuation & Advisory

Altus Expert Services


B.Sc, AACI, P.App, FRICS

Carl Nilsen is a Senior Director and has been providing professional services since 1972. He founded the firm of Nilsen Realty Research Ltd. (which subsequently became part of Altus Group) after gaining real estate qualifications and experience in London, England and Toronto. Mr. Nilsenʹs current practice involves the preparation of specialized studies and appraisals for both the public and private sector including financial institutions,  pension funds, provincial and local governments and development companies as well as  legal and accounting firms.

Mr. Nilsen is retained on a regular basis to provide expert evidence before courts and  arbitration boards concerned with the establishment of rental value or market value under expropriation, property assessment and other proceedings. He has given evidence before  the BC Assessment Appeal Board, the BC Supreme Court, the BC Expropriation Compensation Board and the Federal Court (trial division).

He has been appointed as a valuator under the B.C. Hydro and Power Authority Act, and as an arbitrator on over 25 occasions, either as a single arbitrator or as the member of an arbitration panel. Mr. Nilsen has been engaged on many occasions to speak to professional organizations such as the BC Expropriation Association on real estate valuation matters.