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Is this the time to be bold? How are industry leaders engaging these current market conditions? In this riveting episode, we delve into the Fall market's unique dynamics with sky high interest rates and inventory on the rise. This week, Jason Turcotte, President of Darwin Properties, sits down with Matt & Adam to shed light on how the pros are navigating the current market conditions. Is a buyer's market here to stay? Tune in for an inside look at Vancouver's ever-changing real estate landscape. Don't miss it!
#33: Oliver Webbe is part of Good Talks Sons of Anarchy Series.Oliver is a super dad and Northshore original leading the Darwin Construction and Development team, one of the city's most passionate community builders. This Son of Anarchy leans into the success of great partnerships, including his internal partnership with Jason Turcotte, Darwin's golden rule of "do unto others as you would have them do unto you," and how it translates to his personal life, family life, and work life.This suit-loving, family-loving, and work-loving second-generation leader has learned much and is more than willing to share. Listen now!• 00:00:13 Start• 00:00:25 Jason Turcotte• 00:03:05 Second-generation leaders, “the family” dynamic• 00:04:35 What's coming for Darwin• 00:05:18 Sons of Anarchy• 00:06:28 Core values within the company and its leaders• 00:07:08 Darwins start in the industry• 00:08:37 Construction to developing• 00:10:06 Polygon mindset• 00:11:05 Being the best of the Northshore• 00:12:18 Becoming creative with Land with only 200,000• 00:14:28 Speed in land acquisitions• 00:16:15 Psychology of developers• 00:20:50 Is Darwin too heavy into the North Van Community• 00:22:02 City of North Vancouver• 00:24:19 Supply and demand• 00:25:01 Senior care facilities (40,000 seniors in North Van)• 00:26:44 Partnerships• 00:28:57 What works in partnerships and what doesn't• 00:30:21 Deep Cove• 00:33:50 David Webbe• 00:34:21 David's family office• 00:35:04 How David landed his first few townhome projects (Building)• 00:36:20 Bidding• 00:37:43 Building for others• 00:41:53 Core Values at Darwin• 00:43:05 Development vs. Construction at Darwin• 00:46:17 What advice would you give a new developer?• 00:50:17 Building for the Future of better communities• 00:52:17 Fabric of a community• 00:53:46 How to solve some real estates problems• 00:54:36 BC Housing• 00:55:16 Family-oriented affordable housing• 00:56:19 Partnerships with Indigenous communities• 00:59:30 Listen and learn• 01:02:03 Being a dad• 01:03:50 University life• 01:05:43 Favourite dinner-time conversations• 01:08:48 Suits all day, every day!• 01:10:10 End
On this episode, Jason Turcotte, vice-president of development at Cressey Development Group, discusses trends in residential and commercial real estate in Greater Vancouver. BIV executive editor Hayley Woodin hosts. See omnystudio.com/listener for privacy information.
Jason Turcotte, vice-president of development at Cressey Development Group, tells host Hayley Woodin that the economic consequences of a national foreign buyer tax could have a major negative economic impact on certain communities. He discusses how Ottawa should address affordability, and touches on how Greater Vancouver's housing market performed this year. See omnystudio.com/listener for privacy information.
We hope this interview inspires you; it definitely inspired us. On this episode, Jason Turcotte, VP of Development at Cressey, and Craig Stanghetta, Principal and Founder of Ste. Marie and celebrated restauranteur, join Adam & Matt to unpack the market, the up-and-coming areas, and Cressey’s latest and entirely unique offering: “Format.” For several years, Jason and Craig have worked continuously on an innovative housing concept inspired by East Vancouver - a blank slate floor plan that buyers can actually control! Their “kit of parts” idea enables purchasers to pick and choose the functions of their home. In short, what works for you, the homeowner? And... who better than Craig Stanghetta, the man behind Vancouver’s trendiest restaurants (Pepino’s & Savio Volpe) to help guide you there! You always thought you were good at design. Now you will be (with Craig’s help).
Chapter 1: A bleak outlook for the Metro Vancouver housing market this year, with a glimmer of hope for 2021. Guest: Jason Turcotte, VP of Development at Cressey Development Group. Chapter 2: Confederate flag banned at NASCAR races Authorities in Oklahoma are investigating the arrest of two Black teenagers who were accused by white police officers of jaywalking in a Tulsa neighbourhood where some areas had patchy sidewalks or no visible footpaths. Tulsa Police on Tuesday released two body camera videos of the officers who handcuffed the teens on June 4th, after a video of their arrest went viral on social media. Guest: Niki Reitmayer - CKNW Mornings contributor. Chapter 3: New project aims to improve communications around COVID-19. How much information about COVID-19 is getting through to people, and where are they getting it from? Those are just two of the questions researchers asked in a new survey project. Guest: Dr. Emily Rempel, Knowledge Translation Lead at BCCDC, social sciences researcher. Chapter 4: We know not everyone is getting reliable information about COVID-19, so what ARE they hearing? Guest: Sean Simpson, Vice President with Ipsos Public Affairs. Chapter 5: LTC home series A lot of people choose a private long term care home because it gives them more options, but many of them are too expensive for people to access. Public care homes aren't the right fit for everyone, and private homes have been asking for government funding for years so they can expand the services they offer. Global News reporter Jill Croteau joins us now to talk about this as part of the fourth installment of her series on long term care homes in Canada this week. Guest: Jill Croteau, Global News Alberta. Chapter 6: ICBC will resume licensing commercial drivers next week. Yesterday afternoon we found out ICBC road tests are resuming for commercial drivers next week, and those have been on hold for almost three months now so there's a huge backlog for them to deal with. Guest: BC Attorney General David Eby.
On BIV Today... Cressey Development Group vice-president of development Jason Turcotte discusses how Metro Vancouver's real estate industry has been impacted by COVID-19.
On BIV Today... This episode of BIV Today explores why international capital is turning away from Vancouver real estate and moving to investments in Seattle. Jason Turcotte, vice-president development at Cressey Development Group, and Dean Jones, principal and owner of Realogics Sotheby’s International Realty in Seattle, discuss the trend, and the implications for two regions competing as gateways to Asia. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today... Striking CN workers may be back on the job, but operations at the railway company are not yet at full capacity. Sean Finn, CN's executive vice-president of corporate services and chief legal officer, explains how the eight-day work stoppage affected operations, and how the company is planning out its recovery. Vancouver recently passed a number of new housing policies. Jason Turcotte, vice-president of development at Cressey Development Group, discusses whether they will help generate more rental housing. He shares just how much rising property taxes can cost Canadians and developers. Hayley Woodin hosts.
On BIV Today... This episode of BIV Today explores why international capital is turning away from Vancouver real estate and moving to investments in Seattle. Jason Turcotte, vice-president development at Cressey Development Group, and Dean Jones, principal and owner of Realogics Sotheby’s International Realty in Seattle, discuss the trend, and the implications for two regions competing as gateways to Asia. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… In the midst of a federal election and climate protests across Canada, a new report highlights an untold election story. Hayley Woodin speaks with Merran Smith (1:49), executive director of Clean Energy Canada, about the growth potential of Canada’s clean energy sector. In the second half of the show, Cressey Development Group vice-president of development Jason Turcotte (20:45) shares what surprised him about Greater Vancouver’s latest real estate data. He also assesses some of the federal parties’ proposed housing policies. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… The Greater Vancouver housing market as a whole is showing signs of balance, but pockets within it are seeing more or less activity. Jason Turcotte (2:38), vice-president of development at Cressey Development Group, joins the show to discuss the latest regional real estate figures. Developers are resorting to more creative ways of marketing their projects. Maxine Jakubke (13:19), business director of Talk Shop Media’s real estate division, explores how real estate marketing trends have shifted from traditional to digital, influencer-led campaigns. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… The region’s residential real estate slowdown may have found its bottom. Jason Turcotte, vice-president of development at Cressey Development Group, says Greater Vancouver has seen unusual activity this August. If it stays the course, he says the region could see stronger activity this fall season with more listings hitting the market. And just 2% of the office space in Downtown Vancouver is vacant. Tony Astles, managing partner and head of commercial real estate services at BentallGreenOak, discusses the city’s office market in depth. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… Greater Vancouver home sales picked up in July. Jason Turcotte, vice-president of development at Cressey Development Group, weighs in on the latest real estate board statistics, and the newest housing trends data from the Canada Mortgage and Housing Corporation. Tyler Orton hosts, see more at https://biv.com/.
On BIV Today… British Columbia Business Council chief economist Ken Peacock (1:04) breaks down B.C.’s tight labour market, and shares why he expects to see some job growth moderation in the remainder of 2019 through to 2020. Jason Turcotte (12:01), vice-president of development at Cressey Development Group, assesses the housing markets of three communities outside of Vancouver. The further you move east in the region, the smaller the price drops for certain kinds of housing. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today... Cressey Development Group vice-president Jason Turcotte lends insight into the Metro Vancouver real estate market. Many buyers are taking a wait-and-see approach to the market, while certain housing types and communities are seeing more activity than others. Turcotte says a web of policies has impacted the industry significantly, and that some 6,000 units have been pulled back from development as a result. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… Does Greater Vancouver still have an in-demand luxury market? Jason Turcotte (2:03), vice-president of development at Cressey Development Group, weighs in. Ratebroker CEO Jay Dilley (18:54) discusses disrupting the insurance industry. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… Telus Health has become the largest healthcare IT service provider in Canada. The health-focused division of the telecommunications giant has launched an app that allows patients to check their symptoms, see a doctor and view their clinical records on their phone. Telus Health vice-president Juggy Sihota (1:08) discusses how technology can alleviate the pressure on Canada’s healthcare system. A slowing market may dampen spring sales. Jason Turcotte (17:47), vice-president of development at Cressey Development Group, offers a spring outlook for Greater Vancouver’s housing market. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… It’s been several years since Canada produced a unicorn company. Is the country getting better at scaling technology startups? Charles Plant (1:24), director of the University of Toronto’s Impact Centre, discusses Canada’s narwhals – the companies with the best shot at becoming world-class competitors. In a word, Jason Turcotte (13:59)– vice-president of development at Cressey Development Group – says Greater Vancouver’s development industry is “frustrated.” He breaks down the challenges facing builders, and how they translate into higher real estate prices. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today… The show reflects on 2018 from trade and real estate perspectives. Carlo Dade (0:38), director of the centre for trade and investment policy at the Canada West Foundation, reviews the year in trade, from USMCA, to the CPTPP and Canada-China relations. Jason Turcotte (22:16), vice-president of development at Cressey Development Group, looks back on how the markets performed in 2018, and the real estate policies that affected Greater Vancouver housing and development. Hayley Woodin hosts, see more at https://biv.com/.
On the latest show… Jason Turcotte, vice-president of development at Cressey Development Group, discusses the City of Vancouver’s new 10% local-first program. How is Vancouver’s Railtown neighbourhood evolving? Rendition Developments president Brian Roche discusses the community’s first major commercial development. Hayley Woodin hosts, see more at https://biv.com/.
On BIV Today... Jason Turcotte (0:56), vice-president of development at Cressey Development Group, delves into the latest real estate figures for Metro Vancouver. He also cautions that prices aren’t necessarily going to follow a projected 21% residential sales drop for 2018. Derrick Fung (15:25), CEO of Drop, analyzes Air Canada’s plan to buy back Aeroplan, and what the airline’s rebranded loyalty program may mean for consumers. Kirk LaPointe and Hayley Woodin host, see more at https://biv.com/.
Cressey’s VP of Development, Jason Turcotte, has his finger on the pulse and a few predictions for the remainder of 2018. How’s the presale market? What’s impacting the market? What does the future of Vancouver Real Estate look like for homebuyers and investors alike? Jason joins Adam and Matt to answer all these questions and more!
On BIV Today… From Re/Max Western Canada, Elton Ash reviews the firm’s 2018 recreational property report. He weighs in on how B.C.’s speculation tax has affected the sector. Jason Turcotte, vice-president of development at Cressey Development Group, discusses the impact of the city’s Cambie Corridor redevelopment, and examines Vancouver’s capacity to accommodate growth. Kirk LaPointe and Hayley Woodin host. Find Business in Vancouver stories like this https://biv.com.
Bellevue is a new ultra luxury boutique offering by Cressey in Dundarave. These 35 exclusive private residences showcase Cressey’s renowned craftsmanship, illustrating both intelligent design and outstanding quality. Jason Turcotte, Vice President of Development at Cressey, sits down with Matt and Adam to detail this new and exciting project hitting West Vancouver.
Vice President of Development at Cressey Development Group, Jason Turcotte, joins Adam and Matt to discuss Chelsea - 79 carefully considered one, two and three bedroom condos and townhomes located at 30th Avenue & Cambie Street, Vancouver. Is this the most exciting project to hit the Cambie corridor?
In this podcast we are joined by Jason Turcotte from our Western Mass region and we are discussing some stories about an important lesson. Have you let your opinion on something cost you referrals? We will share some stories about how this happens, and how to avoid it!