Prabh Paul

I was tired of seeing rental property owners and managers struggle with endless market surveys to set the right rents.  

That’s why I founded TraceRent. I know that as rental portfolios grow, so do inefficiencies. But setting rents isn’t about copying the competition—it’s about making smarter decisions that:  

- Maximize income by aligning rents with market demand.  
- Reduce vacancy losses by up to 20%.  
- Build trust and improve tenant retention.  

At TraceRent, we turn inefficiencies into opportunities. With 60,000+ managed units in Canada alone, our AI-powered platform simplifies market surveys and delivers tailored, data-driven insights to help you boost revenue and stay ahead of the competition.  

📩 Let’s connect! Message me or schedule a call to explore how we can optimize your portfolio and position you as a leader in the rental market.

Architect - Partner

ANP Atelier & Associates worked on 7 distinct verticals:

– Master planning.
– Residential.
– Commercial.
– Workplace.
– Institutional.
– Hospitality.
– House.

The key thesis driving ANP’s work was sustainability – the endeavour to reduce the consumption of resources and energy.

Grateful to have been able to work at a place that’s been at the forefront of thought leadership in design since 2007.

ANP exposed me to the world of infrastructure, construction, and design – and how it all comes together to merge the physical, geographical and cultural conditions that address the user’s brief….

….and ultimately their aspiration.

This eventually served as an incredible bedrock for the next phase of my career with Tracecost.

Prabh Parmar

Spent the weekend in Central Alberta, Lacombe, Alix, Red Deer, for my son’s hockey tournament.
Early mornings. Cold arenas. Wet (stinking) gloves in the car (And yes, we brought the trophy home)
And somewhere between games….you realize: This isn’t just a sport.

This is routine. Community. Identity.

Now here’s something most people don’t see:
In towns like #Lacombe, the arena isn’t just where kids play.
It quietly shapes where families live.

Few facts that surprised me:
Only about 1 in 4 homes in Lacombe are #rentals (~28%)
 → Limited rental supply
#Vacancy rate is ~0.8%
 → Practically nothing available
Average #rents are around $1,050–$1,200
 → Not “cheap”, just less visible than big cities

In nearby smaller communities, total purpose-built rentals can be under 100 units
At first glance, you’d think: “Rentals don’t really matter here.”
But it’s the opposite.

Because when supply is this tight,  life decisions start driving #housing decisions.

One parent said it perfectly between games:
“If your kid has practice 4–5 times a week… you don’t live far. You just can’t.”

That’s it. No spreadsheet. No market report. Just real life.
And that creates something most models miss (fortunately TraceRent does not):
In large cities: Demand is driven by macro forces, jobs, migration, rates
In smaller towns: Demand is driven by daily routines, arenas, schools, commute to one key employer

Insight:
The smaller the market, the more powerful the “invisible drivers”
And when:
only ~28% of homes are rentals, vacancy is below 1%, Even small shifts in routine
 → create real pressure on pricing and availability

We spend so much time analyzing housing like it’s purely financial. 
But weekends like this remind you:
Sometimes, housing demand is just a parent trying to make it to practice on time.

Wondering what’s one everyday routine in your city that quietly shapes where people choose to live?

Prabh Paul Parmar

Architect | 2X Founder | Empowering Multi-Family Owners to Maximize Revenue with Fair Rent Pricing

Ice Hockey Alix Arena Lacombe Red Deer Housing Rental Alberta 

Regus

Community Associate

YSwipe

Growth Specialist

Savills North America

Got the opportunity to work again for Savills, this time for North America.

Account Manager

Eddie Bauer

Was recognized as the best sales associate for the season

Sales Associate

Knight Frank India

This position was more focused towards generating new business independently along with nurturing the clients. 

Responsible for generating lead, negotiating, executing, closure and client services.

Manager

Savills India

One of the few employees to get promoted that year in the organization. 

Added responsibility included generating new business development for the team. Contributed to 30% of teams total revenue which was equivalent to USD 30,000.

Senior Executive

This was right after my MBA. 

Worked as an account associate handling my team and companies mandated accounts along with preparing presentations, financial analysis and liaising between different departments within the organization. Also, did other administrative duties including file organization, printing tour books, co-ordinating for site tours

Associate

Commercial Advisory and Transactions 

Awarded a Pre-Placement Offer to join the team post completion of my MBA.

Summer Internship

DARV ENGINEERS AND CONSULTANTS PRIVATE LIMITED

Job responsibilities:

✓day-to-day management of the site, including supervising and monitoring the site 
labour force and the work of any subcontractors;
✓ Preparing BBS, checking reinforcements, shuttering, supervising work like 
concreting, plastering, water proofing, electrical, plumbing, carpentry, interior etc.
✓ Overseeing quality control and health and safety matters on site;
✓ Resolving any unexpected technical difficulties and other problems that may arise.
✓Checking plans, drawings and quantities for accuracy of calculations;
✓Ensuring that all materials used and work performed are as per specifications;
✓ Liaising with society members, developer  and their representatives (architects and  engineers) 
including attending regular meetings to keep them informed of progress.

PMC Engineer

A real estate professional with over four years of experience in business growth and client relations, currently employed as a community associate at Regus, the largest provider of managed office spaces. In this role, gaining insights into operational aspects of the business while overseeing operations at one of their centers.

taplio

The Battle

Prabh Parmar

Kiran S. Kadadekar

Followers

Posts

Engagements

Likes

Performance ScorePrabh Parmar's LinkedIn Performance

Ready to grow your LinkedIn presence?

taplio

The Battle

Prabh Parmar

Kiran S. Kadadekar

Followers

Posts

Engagements

Likes

Performance Score.css-goub6s{font-size:var(--chakra-fontSizes-md);font-weight:500;color:var(--chakra-colors-gray-600);display:block;margin-top:var(--chakra-space-1);}Prabh Parmar's LinkedIn Performance

Ready to grow your LinkedIn presence?

Performance ScorePrabh Parmar's LinkedIn Performance