Vancouver Commercial Real Estate Podcast

As people trickle back to the office in one fashion or another, is an investment into an office space the best opportunity in 2023? Byron Chard, CEO and President of Chard Development, is back in the studio with Cory and Matt this week to discuss his latest office projects along with the success of those projects and everything Chard has on the books for 2023 and beyond. Byron shares how Chard has pivoted among the many challenges the economy is currently facing, as well as retail, light industrial and purpose built rental opportunities, Byron also shares his thoughts on the overall market place and markets Chard is excited about.A great friend of the show and one of Matt's fan favorites, Byron never disappoints and this episode is no different, so get out the note pads and be sure to take in as much as possible!

As we have seen during the past couple of years, more and more people are moving into the Fraser Valley region as the home prices continue to increase in this market. These people need a place to work and grow their business.This week Cory and Adam welcome Brad Howard, Director of Development at PCI Development to discuss the Lower Mainland's second downtown in Surrey. PCI Developments is one of this Province's largest and most respected developers since the early 80's and we are fortunate to have Brad with us this week to tell us about one of their exciting and recently completed projects, The King George Hub.The King George Hub is a massive investment into a transit oriented community where residents can live, work and shop next to the Surrey's King George Skytain station this new development offers everything.Brad unpacks the success of the project, why it is desperately needed in Surrey, and the rapidly growing downtown district in Surrey Central. Brad provides his insight to this exciting and rapidly growing market and why more of this is needed within the Surrey and Fraser Valley market. Tune in!

Do you own land in BC? Are you required to file under the Land Owner Transparency Act by November 30th?Commercial real estate legal expert Scott McInnes of Redpoint Law is in the studio this week with Cory and Melisa to discuss this all-important deadline for BC landowners.Scott is here to unpack what exactly the Land Owner Transparency Act is, if it applies to your property, and more importantly, if you are required to file by November 30th, 2022.If you are like most landowners in BC and have no idea about this requirement for most commercial properties in BC, you will want to make sure you listen to this episode. 

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.