Vancouver Commercial Real Estate Podcast

Current economic challenges don't seem to be letting up anytime soon and that has got to leave you wondering - How is this affecting the development industry?This week Cory and Adam welcome back to the studio Jordan MacDonald, CEO of one of Vancouver's coolest developers, Fabric.Jordan opens up about the challenges the industry has faced with rising inflation and interest rates, lets us in on how Fabric has navigated the current economy, and how Jordan and his team have continued to grow and acquire assets during this time.Jordan also explains how different deals look now and how all developers need to be more creative than ever to keep the pipeline stuffed with projects. Another must listen to episode which tops off with another classic 6-pack of questions with Jordan at the end!

People may or may not know that business sales and acquisitions fall under the commercial real estate umbrella.This week Cory and Matt welcome Chris van Vliet from William Wright Commercial's Fraser Valley office to break down how you buy or sell a small business. Chris talks us through the timelines, the conditions, and some things you need to be cautious of when navigating through the process.He also provides his insight on what businesses sell faster than others and exposes the lack of funding available through your traditional banking sector. If you own a small business or ever wanted to be your own boss, this is your episode. 

Recently Kelowna was named the fastest growing city in Canada and if you have been there lately you can see why. This week Cory and Melisa welcome William Wright Kelowna's Team Leader Jeff Brown to check in to see if Kelowna has felt any slow down like most markets have experienced. Jeff shares his insight on what impact, if any, interest rates and inflation have had on the market, what asset classes continue to outperform, and what's next for Canada's fastest growing population. He also lets you in on where he would invest his money in today's commercial real estate market. An all-round charismatic guy with great CRE knowledge; Jeff never disappoints. 

As summer comes to an end and we start the fall season, the Western Investor is due to release their five best cities to invest in for 2023. This week Cory and Matt welcome back Frank O'Brien from the BIV Media Group to tell us about their top cities for commercial real estate in 2023. This year's list has a few VCREP favorites plus a couple of surprises and not to mention the number one spot is not even in BC this year.Frank also shares his opinion on the NDP's David Eby's new housing plan and how it could be setting us back and opening an even bigger opportunity for speculators. Frank never disappoints with his charismatic storytelling and insight. Tune in! 

The VCREP community has spoken, and they want to know what will happen next as interest continues to rise. VCREP is a podcast for the people, and who better to bring back to see what's around the corner than Impact Commercials very own co-founder and Managing Partner; Alan Haigh. Alan unpacks what has happened over the past couple of months in both Canada and US, how the bond market could predict what will happen to interest rates, and when will this madness end. Alan also unveils what markets he buys into and what markets you want to keep an eye on into 2023. One of the best in the business provides his insight on interest rates and what's next in the mortgage world, so this is one you have to listen to more than once!

They're back! After a couple of weeks hiatus, Cory getting even fatter and almost drowning in the Pacific Ocean whilst Matt was busy adding even more abs to his already chiseled stomach thanks to F45. But the boys are now back and to kick off the second half of the season is none other than international commercial real estate investor Peter Leung! As the world continues to cope with rising inflation and interest rates Peter tells us how his portfolio is, or isn't, affected and what markets have bounced back quicker than others. Peter also discusses what BC markets he likes and where he is looking to grow his holdings. In this ever-changing investing environment, this is an episode you will want to tune in for.  

*Disclaimer: This podcast was originally recorded and aired in May 2021*Ever wonder how tenants and landlords coincide for 5, 10, or sometimes even 20 years together? Cory welcomes Scott McInnes founder of McInnes Law Group breaking down what a commercial lease is, how it applies to commercial real estate and how it differs from residential leases. Scott walks you through what you need to know whether you are looking to become a landlord, a tenant looking to open your first business and how COVID 19 has impacted commercial leases forever plus our best MLG 6-pack yet.........Mobb Deep anyone? If you have ever thought of investing in commercial real estate this is a must listen to episode.  

*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.