Vancouver Commercial Real Estate Podcast

*Disclaimer: This podcast was originally recorded and aired in August 2021*If you have been following the commercial or residential real estate markets in BC, you will know the latest hot topic everyone is talking about is the rapidly rising interest rates.In fast response, Cory and Adam have invited Jon Switzer of Impact Commercial for an emergency episode.The Bank of Canada has sharply increased interest rates over the past few months and Jon is here to break down what's happened, what might happen in the future, and how all this impacts the markets and your borrowing ability for your next commercial investment. The good news is, it is not all bad and Jon sheds some light on how to navigate the next few months and provides some tips on what to look for in your next purchase to maximize your lending ability.As we come out of these record low interest rates Jon will provide you firsthand information on how to protect your investments, grow your portfolio, and where deals might be found. 

*Disclaimer: This podcast was originally recorded and aired in May 2020* Ever thought about buying commercial estate and thought it was impossible to qualify for financing? Put away the notepad and calculator as Cory welcomes Alan Haigh, co-founder and managing partner, of Impact Commercial Group to break down how to buy and invest in commercial real estate. Alan explains how the first time investor and all the way through to a small business owner can achieve their goals of owning commercial real estate in BC. 

As interest rates continue to push upwards and with another increase upon us come September this one market has continued to see growth and increasing pricing. This week from the William Wright Commercial Victoria Office; Cory and Adam welcome Harry Jones to discuss the Greater Victoria market that just doesn't slow down regardless of market conditions.Harry walks us through all the asset classes and how they have performed over the past year and what is to come as interest rates continue to rise. Harry also gives us some insight and where he is investing his hard-earned money and why. There are not too many surprises here if you are a consistent listener of the podcast. 

Ever wonder why or even how your property taxes go up every year? This week Cory and Matt welcome Clayton Olson of the Altus Group to discuss the metrics behind understanding your commercial property taxes. Although in most cases, your commercial property taxes are passed onto your tenant through a true triple net lease. These rising costs have a direct impact on your tenant's ability to pay their rent. Clayton walks us through how these costs are calculated, why they increase, and what you can do about it if you disagree with your tax amount. If you own commercial property this is another episode you don't want to miss. 

Do you want to learn how to leverage a life insurance policy to buy commercial real estate? How can you benefit from a life insurance policy whilst your still alive?Cory Wright and Rod McKay are in the studio this week to welcome Robert Trasolini and Laurent Munier of Safe Pacific Financial, here to show you just how easy it can be to use a life insurance policy as an investment vehicle to drive you into the commercial real estate game. We really dive into an industry secret this week, so make sure you are taking notes. Enjoy! 

Why are my premiums going up so fast on my real estate insurance? The usual VCREP gang was off this week but instead we have commercial real estate experts Rod MacKay and Seamus Bailey stepping into the studio to welcome Nigel Clark of BFL Canada.Working for one of the largest risk management, insurance brokerage and benefits consulting firms in Canada, Nigel knows the commercial real estate insurance industry inside and out. He talks about how inflation, interest rates and rising construction costs all impact the insurance market and we dive into the difference between a soft-market and hard-market; as well as diagnosing the type of market we are currently in.You might also be surprised to hear what direction the insurance market is going in and how this directly affects consumers. He unpacks the previously volatile strata insurance market, how a recession can influence insurance policies and much more.  

We have talked a lot about Victoria and Nanaimo, but we haven't spoken about what we bet could be a sleeper investment opportunity in Vancouver Island. This week Cory and Adam welcome Parksville's Mayor Ed Mayne to discuss the exciting opportunities Parksville is currently experiencing in the Central Island market.As Nanaimo continues to boom, just 20 minutes up the road sits Parksville, which has seen a development boom of their own lead by a pro-active mayor, who has the business experience to guide the community into 2022 and beyond.Mayor Mayne breaks down the growth of his city and what's in store for Parksville as a spike in development permits and the attraction to the island lifestyle in beautiful Parksville. Don't underestimate the growth of smaller communities on Vancouver Island as Parksville checks a lot of the boxes.

If you were shocked by the Bank of Canada's one percent increase to interest rates this past week you are not alone. Cory and Matt are here this week to discuss the potential impact on commercial real estate... if any all. How does this affect your loan-to-value ratio when looking to acquire real estate? and what's next for the commercial real estate market in the province?As we continue down a path of unprecedented times, we unpack and shed some light on what they anticipate will happen and how that will be reflected in your decision making moving forward; as interest rates will continue to increase through 2022 and into 2023.

What commercial market in Canada has the whole country talking? This week Cory welcomes Lori Suba and Laurae Spindler, of Scout Real Estate in Calgary, to unpack the rollercoaster of action our friends over in the prairies are experiencing in the commercial market.Ever since the oil and gas sector crashed, Calgary has seen a down market which has lasted for a few years now. But, as Lori and Laurae discuss, you might be surprised to hear how some asset classes have bounced back and there is now overwhelming demand for one asset class in particular, which has seen percentage growth in numbers similar to that of BC!If you like to keep your finger on the pulse of commercial real estate in Canada, or just enjoy hearing great turn around stories, this episode is for you.

There is no secret that supply chain issues and inflation are having direct impact on developers all around the world. In the studio this week Cory and Adam welcome Jeff Kennedy who is here from Troika Developments, one of Kelowna's most well-known builders, to discuss the challenges within the development industry and what the future looks like for developers as well as breaking down some of the areas he is most excited about in BC's Interior.Jeff also gives us insight into how developers would break down a purpose-built rental project vs a strata site, along with the metrics behind the decision making process. Not to mention, Jeff is one of the coolest guests we have had join us in 2022, so all considered, this is another great episode you do not want to miss out on!

For 24 months and counting, Vancouver Island has become a shining star in the commercial real estate world. In this episode we unpack the numbers. This week Cory and Adam welcome John MacDonald, publisher of the Business Examiner; one of Vancouver Island's go to business online publications. He is here to break down how the various island markets fared with each other and provides some insight on the Thompson Okanagan region. Johns, on the frontlines of the business world is witnessing first-hand how 2022 is affecting various industries, in both a good and bad way. This is an episode you don't want to miss so sit back, enjoy the little sunshine we have and crack open your favorite beverage and take in as much from John as you can. Enjoy!

Want to hear from a man who plausibly has more data on commercial real estate than anyone in Canada?In the studio this week Matt and Rod, (Cory didn't survive the William Wright Whistler weekend), welcome Raymond Wong of the Altus Group to look behind the numbers on what has happened across Canada in 2022. Raymond unpacks what asset classes are selling, what are not, and what is set to rebound. You might be surprised with his answers on what Canadian cities have outperformed their counterparts and what cities are set for a big 2022. Raymond debunks all the myths and unlocks the data for only our VCREP listeners.  

As the new Broadway Skytrain line is now in full swing, the city's office market has started to rebound and the housing crisis continues to mount. the council members at the City of Vancouver now have to vote on what could be the biggest vote in Vancouver's history. This week Cory and Matt welcome Meg Cooney, Seamus Bailey and Liam Simpson from William Wright's Vancouver office to discuss the highlights, and the lowlights with the proposed Broadway plan. The team touches on areas that could have been more thought out with additional density and as well they discuss the strong attributes that plan will bring to some parts of the Broadway corridor. Almost 11% of the total land in Vancouver affected by this vote, this is another episode you do not want to miss out on.

The ongoing debate on Vancouver Island right now is Victoria or Nanaimo? In this episode we ask this question from a commercial real estate perspective to one of our experts, Robin Kelley, of the Groupe Denux; one of Vancouver Islands long-standing families of real estate.Robin is on the show this week to provide his insight on both markets and how each market has fared over the years and unpacks what asset classes he thinks will continue to grow post COVID. He also touches on some Alberta projects the family has in the works. This is another great episode you don't want to miss out on, so sit back and enjoy.

As we approach the halfway point of 2022, people are asking; is the commercial real estate market about to crash?Rod Mackay of William Wright Commercial's Vancouver office is here this week to discuss the most unpredictable year we have had in real estate yet. From faster than expected rising interest rates, to record breaking month-over-month inflation, to worldwide supply chain issues… 2022 has been anything but predictable, so what does all this mean for BC's commercial real estate markets?Rod provides his insight on what has happened so far, what the rest of 2022 looks like, and where you can expect to see the deals… if any.Whether you're a business owner, a commercial real estate investor, or just someone enjoying the action this is episode is another must listen!

Ever find a great restaurant on your favorite food app, but then realize they don't have a physical brick and mortar location you can enjoy?On the show this week Cory and Matt welcome Amrit Maharaj, Chief Operating Officer of Coho Collective who is here to break down what exactly a ghost kitchen is, why some of your favorite restaurants are getting in on the action, and how they have capitalized on the food app boom.As the demand for the food delivery market continues to grow, Coho Collective is looking to expand rapidly not only in BC but across Canada and beyond. He also unpacks the opportunity and little start-up cost needed to open your first online ghost kitchen and take your culinary passion to the next level. After this episode you will never look at Doordash or Skip the Dishes the same way again.

As interest rates rise, investors are on the lookout for higher cap rate properties but where can you find these assets?On the show this week Cory and Adam welcome Bronwyn Scrivens from Omada Commercial Real Estate in Edmonton, Alberta to discuss Alberta's growing industrial market and how that compares to BC's unprecedented prices.Bronwyn shares how Alberta is receiving the halo effect from BC's tight vacancy rates and staggering acquisition costs and what tenants and developers are now looking into when it comes to Alberta vs BC. Cory and Adam's are left wide-eyed when the cost of land and price per foot of key industrial areas are exchanged and just how much massive growth BC has seen over the years.As Edmonton and Calgary face off in the second round of this year's NHL Playoffs, the battle of Alberta is also happening off the ice as both cities look to have bounce back years in 2022 in the commercial real estate world. 

This week Cory and Matt welcome Jonathan Meads, Vice President of StreetSide Developments to discuss the booming Fraser Valley markets and the exciting projects StreetSide has available.One of the biggest secrets in commercial real estate is spotting the trends and staying ahead of them. We have heard for a while now the Fraser Valley markets have been booming and Jonathan unpacks why they keep their focus on the Fraser Valley primarily and where they see those markets going. Keeping in mind the continued population growth and how COVID has created a new work environment to navigate as things slowly return to their new normal.One thing a lot of us don't know is just how big StreetSide's parent company Qualico is and Jonathan is here to gives us a little peek inside one of Western Canada's largest private developers. Another insightful episode you don't want to miss! 

On a national and provincial level, one of the most exciting real estate markets has been Victoria. This week Cory and Adam welcome onto the show none other than Mayor of Victoria, Lisa Helps.Lisa unpacks how Victoria got to where it is today, the goals she has accomplished in the eight years as mayor and unveils what's in store for BC's capital city, including exciting areas to watch and highlights all the development happening throughout the downtown and surrounding areas. For two years in a row, Victoria has been our pick for best market to invest in and after this episode you will see why.

If you have been following the commercial or residential real estate markets in BC, you will know the latest hot topic everyone is talking about is the rapidly rising interest rates. In fast response, Cory and Adam have invited Jon Switzer of Impact Commercial for an emergency episode. The Bank of Canada has sharply increased interest rates over the past few months and Jon is here to break down what's happened, what might happen in the future, and how all this impacts the markets and your borrowing ability for your next commercial investment.  The good news is, it is not all bad and Jon sheds some light on how to navigate the next few months and provides some tips on what to look for in your next purchase to maximize your lending ability.As we come out of these record low interest rates Jon will provide you firsthand information on how to protect your investments, grow your portfolio, and where deals might be found. 

In an era where the most asset might be data, this week's guest has more behind the scenes data on the Greater Victoria development market than anyone else. This week Cory welcomes Mike Kozakowski, founder of Citified Media and citified.ca. A comprehensive resource for researching new-build homes and commercial spaces on Vancouver Island.Mike gives us a glimpse into the years and years of new construction data Citified has tracked in the Greater Victoria area and gives us his insight on the areas that are booming and what areas are about to boom. As well as providing us his thoughts on why the Vancouver Island market has been so robust through COVID and why the time is now if you're looking to invest in Victoria or Nanaimo.This isn't the Vancouver "Island" Commercial Real Estate Podcast....yet, but heading that way with the booming island market!

If you enjoy commercial real estate podcasts, this week's guest will certainly be no stranger. Cory and Matt are excited to welcome Sam Wilson, the renowned host of the hugely popular podcast, How to Scale Commercial Real Estate.Sam uncovers his roots in commercial investing, share some mistakes he has made along the way and talks us through what a good deal looks like to him. On top of all that, you'll want to stick around to hear about the portfolio sale he exited in January 2020, which is a definite example of ‘timing the market'.

If you had to guess which real estate market saw one of the biggest increases in commercial property value over the past 2 years, would you guess Chilliwack?This week Adam and Cory welcome David Algra of Algra Bros Development to discuss their current downtown Chilliwack project, District 1881. A bustling cultural hub of amazing storefronts, locally owned restaurants, breweries, new residences, and office space.David discusses the success of Algra Bro's development model of pedestrian oriented developments (POD) which encourages walkability and great retail like amenities at homeowners' doorsteps. He also uncovers the growth of the downtown Chilliwack area and hints on some markets that he likes for future development. This is another episode you don't want to miss out on. 

In a recent episode we featured Steiner Properties, highlighting their exciting and upcoming new Nanaimo downtown project, 1 Commercial. Well, we got a lot of great feedback from the episode and its clear to us our listeners want to hear more about the hype that is being generated in the city.So, who better to hear it from than the mayor himself! This week Cory and Adam welcome to the show Mayor Leonard Krog. Here to share some great insight on all the new and upcoming projects and what the future holds for the port city. Plus, we dive into the highly anticipated and forthcoming OCP for the downtown and surrounding areas.VCREP has been very bullish on the Vancouver Island market, this is probably a episode you may want to give a few listens to, there is a lot of information to unpack about one of BC's fastest growing communities.

Cory and the team are hitting the beach this week for a well deserved break. Next week we are back with another phenomenal episode. Stay tuned! 

Recently named Canada's fastest growing city with a 14% increase in population since 2016, tune in and find out what the head of one of the Kelowna's premium development companies has to say.This week Cory Wright and special guest host Nathan Armour welcome to the show Jon Friesen, CEO of the Mission Group, the development company behind some of Kelowna's spectacular tower developments including The Brooklyn, The Bernard Block office tower, and the forthcoming Aqua development in the Lower Mission district.Jon discusses why Kelowna has seen such a massive growth over the past 5 years and what the future looks like, as well as what's next for the Mission Group. Kelowna is one of Canada's most watched real estate markets as of late, so this is one episode not to miss out on! 

Recently named BC's most resilient economy by BC Business Magazine and being one of the province's fastest growing cities Langford could be BC's next big thing. This week Cory and Matt welcome Mayor Stewart Young of Langford to discuss all the amazing developments happening throughout the city, new major tenant announcements and so much more. Mayor Young tells us the story of how Langford landed Costco, followed by Home Depot and now Tesla Motors. The mayor's vision for Langford has been decades in the making and has been thrust to the forefront the past few years with the incredible growth of his community. From a booming downtown core boasting 3 lakes to a beautiful 6,000 seat outdoor sports and concert venue. Langford seems to offer something for everyone. 

Ever wonder if you could buy an office building or a retail shopping mall for only $150,000? This week Adam and Cory welcome Darcy Ulmer, co-founder and partner at Stream Property Partners to learn how everyday investors can invest in some big commercial real estate assets for a fraction of the purchase price. This week Darcy unpacks how a limited partnership works and operates. As well as providing insight to some great projects Stream has on the go in both Kelowna and Mission. Most people will never get the opportunity nor understand how they would be able to invest in commercial real estate syndicates so this episode is a must listen for anyone wanting to understand and uncover the investment opportunities that exist right under their nose.

If you don't recognize the Steiner family name, you will recognize their retail history. From A&B Sound to a Western Canada retail portfolio that would make even the best investors jealous. This week Cory and Adam welcome Jacob Steiner, the man in charge of special projects for Steiner Properties, to talk about everything panning from the incredible A&B Sound family story to their newest Nanaimo project at 1 Commercial Street. Tune in as Jacob walks us through why Nanaimo is finally ready for Steiner Properties next project, the explosive growth of Nanaimo and the redevelopment of the downtown core of one of BC's best port cities. If you have watched the real estate boom take over Victoria over the past few years, you have to ask yourself is Nanaimo next? This is absolutely an episode you don't want to miss out on!

Have you ever wanted to make the money real estate developers do? This could be your chance! This week Cory and Adam welcome Ravi Mann of PROPetual REIT and the Isle of Mann (IOM) Property Group to discuss their exciting new investment opportunities that can get anyone through the real estate investment door for as little as $5,000. PROPetual REIT (Real Estate Investment Trust) PROPREIT has established low minimum-investment property developments that are already in process, most at final reading at city councils. Make sure you grab your pen and paper because this episode does not disappoint!    

As Canada and the world continues to battle with Omicron, supply chains are challenged and the Bank of Canada surprisingly holds rates, what does all this mean for the rest of 2022 and the Canadian economy? This week Cory and Adam welcome Doug Porter Chief Economist and Managing Director, BMO Financial Group and with his 25 years of experience analyzing global economies he shares his thoughts on what is next for the economy, the Canadian real estate market, inflation and his prediction for interest rates. As inflation trends upwards and interest rates hover around historic low levels Doug provides BMO's outlook moving forward and what 2022 might have in store. This is a must listen to episode for anyone who has an investment in Canadian real estate.

Ever wonder what commercial asset class has the lowest CAP rate but offer the most stable returns? This week Cory and Matt welcome Marianne DeCotiis, a multifamily specialist with William Wright Commercial's Fraser Valley office. Tune in as Marianne breaks down the multifamily asset class, sharing how its funded, how the leases are government regulated, and plenty more! Marianne also walks you through why demand for this asset class how been so consistent and how CAP rates have hit historical lows, yet demand continues to grow. Multifamily operates a lot differently than most commercial asset classes and Marianne unpacks why that is.

Over the past 20 months most industries have seen a lot of change and the law industry is no different when it comes to commercial real estate. This week Cory And Matt welcome Tim Lack of Redpoint Law to discuss the ever changing world of the legal side of commercial real estate. Tim shares his insight on how COVID has changed how commercial real estate is leased, sold and financed. If your looking to add to your portfolio, have space you need to find a tenant for, or looking to expand your business into another leased space this is an episode you don't want to miss

Over the past 20 plus months we have all heard about supply chain issues, labor shortages, logistic challenges and this all has a direct impact on the construction of commercial and residential real estate in the province. This week Cory and Adam welcome Owen Lecky from Wales McLelland, an industry leader in commercial construction, to unwrap all the issues we have all been hearing about during the pandemic affecting our real estate market. Owen discusses supply costs skyrocketing, the challenges in finding sub trades, and why project timelines are being extended far beyond what anyone wants to see. He also sheds some light on markets developers are moving into and some markets that have seen pullback as population shifts throughout the province as the pandemic continues. Owen also speaks to the asset classes that have an increase in interest from developers and ones that have seen a pivot. Spoiler alert, every developer wants industrial, this could be the understatement of the year so far and we are not even 3 weeks into 2022.

They're back! Do you own a property with lots of equity that has built up over the years? Do you want to turn that equity into more properties without having to sell your property? This week, Cory and Matt ring in the New Year with Alan Haigh, managing partner of Impact Commercial Group, one of BC's leaders in commercial mortgages. Alan breaks down how you can tap into that equity and turn one property into a thriving commercial portfolio without having to sell your asset. Every expert in real estate uses the power of leverage to build their wealth, so if you own real estate, this is a must-listen episode with advice from one of the best in the business!

Wishing our listeners a Merry Christmas and a Happy New Year!    Cory Wright William Wright Commercial 

Have you ever wondered what goes into making a 300-million-dollar real estate decision? From Keltic Development Canada, Cory and Adam welcome Steve Jedreicich, Senior VP of Development, and Andy Tam, Senior VP of Business Development, to discuss their recent 27-acre acquisition in Richmond. Which tops off this year as the biggest transaction of 2021 at a whopping $300,000,000! Located next to the Olympic Oval in Richmond, this gargantuan development site ticks all the boxes when it comes to transforming and putting your stamp on a city. Get ready and buckle-up as Steve and Andy discuss the process of the acquisition, some of the challenges faced when dealing with such a large parcel of land, and what lies ahead for such a massive decade-long build. If you have ever wanted to know how the "big boys" make record-breaking real estate decisions, this episode is for you!

There is no secret this past year has bolstered some amazing results for those who invested in commercial real estate and this week we are going to give you the VCREP top 5 markets we like for 2022! Rod Mackay from William Wright Commercial's Vancouver office joins Cory this week to discuss what markets will be ones to watch heading into the new year. There are some of the obvious picks that seem to have made everyone's list for next year, but there are a couple that might catch you off guard. Rod and Cory break down why these cities made the list and what asset class to watch out for in these markets. You may also be surprised by what cities didn't make the list this year! Not to say those cities are bad investments...they just don't offer the same upside in the short-to-medium term as the VCREP Top 5. Whether you're a novice investor or you have a large portfolio, this is a must listen-to episode heading into 2022!

Do you own a condo in a rapidly developing area that the land might be better suited for an incoming high rise? This week Cory welcomes Meg Cooney, a strata wind-up specialist, to see if your condo might be worth way more than you think to a developer. Meg breaks down what a strata wind-up is, how you can see potentially if you fall within an area that might be a candidate for a wind-up, and how to use this strategy when looking to make your next real estate investment. She also breaks down the percentage of owners that have to vote in favour to list the property, accept an offer, and the court process to follow if not all 100% of owners vote in favour of a sale. If you live or own a condo this is a must listen to not to mention Meg also pulls off double duty on this episode.  

Ever wonder what makes Surrey so attractive for both business and families? This week, Surrey's Board of Trade CEO, Anita Huberman, joined Matt and Cory to discuss Canada's next big major city and driving forces behind it. If Surrey was not on your list of places to invest in, it should be now after listening to this episode! Anita breaks down all the economic drivers behind the massive growth of BC's second largest city and what makes it attractive for so many developers. She also shares which areas of Surrey are next to boom and may not be in the forefront of the public's eye just yet, which always makes for a great investment opportunity. Anita also shares some interesting stats when it comes to the age demographic of Surrey (hint: you haven't yet missed the boat to invest in this booming city). Stats show Surrey is on pace to become BC's largest city or municipality by 2040. Whether you're talking about industrial, office, retail or multifamily, Surrey is a place that should be high on everyone's investment list!

The world's richest man is the founder of an electric car company and that could be foreshadowing of what's to come in the future. This week, Cory and Adam welcome Maxime Charron from Leading Ahead Energy, an industry leading electric car charging solution provider. Max talks about how, in case you have been living under a rock the last few years, the impact the electric vehicles are having on society is causing more and more developers and commercial landlords to install EV car charging solutions on their properties. Shopping centres, industrial parks, office towers and parking lot owners are just a few of the groups highly interested in offering car charging solutions to their customers and tenants and are building a business around this. Max discuss where he thinks the business is headed and why gas station companies are also looking at this model. Plus, tune in for Cory's take on which market he would buy into and why!

It's no secret downtown Vancouver has been slower than its pre-COVID form but is it as bad as other cities? This week, Cory welcomes Nolan Marshall, the newly appointed CEO of the Downtown Vancouver Business Improvement Association (BIA) to discuss what is next for downtown Vancouver and how things have fared over the pandemic. Nolan joined our city from New Orleans where he experienced the devastating floods of Hurricane Katrina and played a role in the rebuilding of one of America's great cities. With people hopefully returning to the office in larger numbers come 2022 and the reopening of Rogers Area and other large venues, how is downtown preparing for the increased activity and what fun and exciting stuff is planned for 2022? Nolan paints a picture of the challenges ahead, but shares a lot of excitement planned and you might be surprised by his view on the office market downtown. As we look to better times ahead, Vancouver could have the perfect man in place to lead downtown through the end of the pandemic and return to normal...but before Nolan lets us go, he shares his best commercial real estate advice that won't disappoint! BIA Downtown Vancouver - https://www.dtvan.ca/

Did you find the perfect commercial property to invest in but, not sure how to or where to start? This week, Cory and Matt welcome commercial mortgage specialist Matthew Dunnigan, from the Impact Commercial Group, who breaks down all the steps needed from start to finish to help you acquire that commercial investment property you have always wanted. Matt discusses what asset classes banks are most bullish on, how much of a down payment you need to get started and everything in between. Matt also gives us his picks of which BC cities and asset classes he would invest in heading into 2022. This episode is a great refresher for a seasoned investor and a can't miss for all of those looking to enter into the commercial real estate landlord business. Grab a pen and paper to take notes because after finding out just how simple it is to finance commercial real estate, everyone will be adding an investment property to their Christmas list this year!

This week Cory and Adam are joined by the Investorpreneur himself Peter Leung who has amassed an international real estate portfolio in cities such as London, Vancouver and Hong Kong. Peter provides his insight on how investors can get started in commercial real estate, how commercial offers greater opportunities for investors that require funding than residential, his perspective on the Vancouver and BC marketplace, and he divulges a spectacular investment strategy. Peter shares his predictions on where the market is going in the coming years and what asset classes he is most interested in post COVID. This is an episode for all commercial real estate investors!

So many commercial real estate deals happen off the MLS. So, where do investors go for detailed market data and what can it tell us? Raymond Wong from Altus Group sits down with Cory & Matt to detail why Altus is a one stop shop when it comes to data and research in the world of commercial real estate across Canada. How does BC stack up against other commercial real estate markets across Canada? How have a number of the key BC commercial markets performed during Covid in relation to other markets? And what does the future look like across multiple BC markets and asset classes based on current trends? Knowledge is Power, as they stay, so best to grab your notebook for this one! 

If you have ever read an article about Commercial Real Estate in Vancouver, chances are you have read an article by Frank O'Brien. This week, Cory and Matt welcome senior writer Frank O'Brien, of Glacier Media (home of Business in Vancouver and Western Investor) to discuss some recently published articles on the booming Commercial Real Estate market in BC. Frank sheds some light on each asset class and where he sees the winners and losers in the post-COVID era. He also gives us a sneak peek at the upcoming Best in BC which is published each year in the Western Investor where Frank and his team predict the 5 best real estate markets in 2022. If you're looking to see how things play out in the coming months or want a glimpse into the next commercial market to boom, this is the episode for you!

Don't have the millions and millions of dollars needed to enter the self storage asset class in BC? Don't worry! This week, Adam and Cory welcome Nationwide Self Storage Trust co-founder and Chairman, Hugh Cartwright, whose company offers investment opportunities into their self storage developments for as little as $10,000. Our listeners have spoken and the boys have listened. After Partick Wood from WWC Victoria joined the guys for a previous episode, outlining the self storage asset class and how profitable the business model can be, VCREP was inundated with requests on how listeners can invest in the booming self storage industry. Fast forward a few months, Hugh Cartwright breaks down the investment opportunity and when the next Nationwide opportunity will be upon us. If you have always wanted to take part in self storage, but don't have $20 million in the bank, make sure you sit back and take notes!

They say hindsight is 20/20 and looking back over the past 20 years and seeing the amazing run up in value the Vancouver real estate market has had, it's fair to say we all wish we would have bought more. Some people would even say if you buy in now, you might have missed the boat...but don't worry! If this is you, we might have found the next Vancouver real estate market and it's only a short "boat" ride away. This week, Matt and Cory welcome Chard Development's President and CEO Byron Chard to talk about the booming Victoria real estate market. Byron discusses everything Victoria and some of the exciting projects Chard has in the pipeline and shares with us some of his thoughts on where the Victoria market is headed and some of the stats he shares might surprise you and sound familiar to Vancouverites. If you're looking for that next real estate market to invest in and want to get in before it's too late, you'll want to make sure to grab a pen and notepad and listen to this episode!

North America's best industrial market just keeps getting better and better as Strand looks to add 1,000,000 SQFT to Vancouver Island's industrial driving force Langford, BC. This week, Adam and Cory welcome Strand Development's President Mike Mackay to talk about everything Langford and the exciting projects in Strand's pipeline. With the recent acquisition of the former Langford Speedway, which encompasses over 80 acres of prime development land, the growth and excitement of the Greater Vancouver Island industrial market just keeps growing. A multi-phase project set to launch this year, Strand (in partnership with Bastion Developments) will add to one of North America's most desired industrial markets, further attracting local, national and international tenants to Vancouver Island. Investors alike have been buying up Victoria, Colwood, Esquimalt and Langford for the better part of the last three years, so don't miss your chance to hear about the future of one of the best marketplaces on the planet. 

The legalization of cannabis has sent shockwaves through the retail landscape with the prohibition of new retail opportunities for cannabis operators. This week Cory, and only Cory (you have to listen to the episode to find out why) is joined by Jeff Prete President of Jima Cannabis as they unpack the impact the cannabis business has had on retail in Vancouver and throughout the province. Ever wonder how long it takes to get a store open, how much capital you need, and are the stores even that profitable? The answer Jeff gives might surprise you. Grab a bag of chips and your favourite chocolate bar and sit back relax and enjoy this week's episode!

Is there a real estate market, whether it be residential or commercial, that has attracted more hype during the pandemic than Kelowna? This week, Cory and Matt welcome Jeff Brown, Team Leader of William Wright Commercial's Kelowna office, to the show. They  discuss the readily growing Kelowna real estate market; what, if any, impact the BC wildfires have had on this booming city; and how does Kelowna top the recent growth heading into the fall season and beyond. Could you imagine tripling your investment in under 36 months? Jeff tells you what asset class in Kelowna has experienced this and what that asset class will do so in the future. Kelowna was recently named the 4th fastest growing city in Canada with a population growth of over 2% in 2020 but, can Kelowna maintain this pace into the later part of 2021 and into 2022?? If you're looking for an attractive commercial real estate investment that ticks all the boxes on the professional's investment checklist, then look no further than Kelowna. This is a must listen to episode for all commercial real estate investors!