Shows
Vancouver Commercial Real Estate PodcastVCREP #180 | Why Developers Can’t Build Homes in Today’s MarketThis week, Cory Wright welcomes back Brad Jones, Chief Development Officer at Wesgroup, to unpack why building new housing has become so challenging in today’s market. They discuss everything from massive upfront costs and rising municipal fees to the unintended consequences of consumer protection legislation like the Real Estate Development Marketing Act (REDMA).The conversation also explores potential policy changes that could help unlock stalled projects, including removing GST on new housing and revisiting property transfer taxes. Brad offers a candid look at the hurdles developers face, why housing supply is struggling to keep up with de...
2026-02-0435 minVancouver Commercial Real Estate PodcastVCREP #179 | Interest Rates, Lending, and What Comes Next with Alan HaighThis week on the Vancouver Commercial Real Estate Podcast, Cory Wright welcomes back Alan Haigh, Founding Partner at Impact Commercial Group, to break down what’s really happening in the commercial lending market.Alan covers where interest rates and bond yields are sitting, how lenders are viewing risk right now, and what that means for investors moving into the next phase of the cycle. They touch on office, industrial, multifamily, and land, highlighting where deals are starting to make sense again and where caution is still warranted.The conversation also looks at regional trends across BC...
2026-01-2840 minVancouver Commercial Real Estate PodcastVCREP #178 | Is the Market Finally Turning? A Commercial Real Estate Pulse CheckIs deal momentum finally returning, or is the market just catching its breath? Cory Wright and Rod MacKay sit down for an honest pulse check on commercial real estate, unpacking what they’re seeing on the ground as activity begins to pick up. From buyer expectations and pricing gaps to asset classes showing early signs of life, this conversation cuts through the noise and focuses on what actually matters right now. What’s driving renewed confidence? Where are deals still getting stuck? And what should investors and brokers be paying close attention to as the year unfolds? A timely, stra...
2026-01-2140 minVancouver Commercial Real Estate PodcastVCREP #174 | National Market Insights with Raymond Wong of Altus GroupThis week on the Vancouver Commercial Real Estate Podcast, Cory Wright sits down with Raymond Wong, Vice President of Data Solutions at Altus Group, for a nationwide look at the commercial real estate landscape.With access to some of the most comprehensive data in the industry, Raymond unpacks key trends driving the Canadian market — from shifts in industrial and multifamily demand to evolving dynamics in office and retail. He also shares his outlook for the remainder of 2025, touching on the effects of interest rate changes, global trade pressures, and investor sentiment.Tune in for an in...
2025-10-0831 minVancouver Commercial Real Estate PodcastVCREP #173 | Towers, Town Centers & Tough Decisions with Sean Hodgins of Century GroupThis week host Cory Wright invites Sean Hodgins, President of Century Group, to discuss the challenges and opportunities of large-scale development. Sean shares insights from the proposed redevelopment of the Tsawwassen Town Center, including the hurdles of navigating community pushback, the realities of working within Official Community Plans, and the delicate balance between housing, amenities, and political pressures.From grocery-anchored retail and libraries to innovative healthcare space, Sean outlines how Century Group is adapting its vision while shedding light on the bigger implications for developers across Metro Vancouver. If you’ve ever wondered what it really takes to...
2025-10-0230 minVancouver Commercial Real Estate PodcastVCREP #172 | Commercial Real Estate is Waking Up: Deals, Demand & What’s NextAfter a summer hiatus, Cory Wright is back with Rod MacKay, Team Lead at William Wright’s Vancouver office, to break down what’s really happening in the commercial real estate market. Why did deal activity surge through the summer when it’s usually slow? Which asset classes are leading the rebound and which ones are still struggling to find their footing? And what do investors need to know heading into the final stretch of 2025? From pricing realities to pent-up demand, retail resilience to surprising signs of life in the office sector, this episode offers a candid, on-the-ground look at whe...
2025-09-2422 minVancouver Commercial Real Estate PodcastVCREP #169 | Tee Time & Turnkey Deals: Unlocking the Business of Golf Courses, with Marianne DeCotiisThink golf courses are just for birdies and bogeys? Think again. In this episode, Marianne DeCotiis of William Wright Commercial joins Cory to unpack one of the most surprising sectors of commercial real estate: golf courses. From multi-million dollar land plays to resort-style development potential, Marianne shares why these sprawling green spaces are catching serious investor attention. What makes a course financially viable? Who’s buying them, and why? And how can a clubhouse become a revenue-generating machine even in the off-season? Whether you're a golfer, a developer, or just curious about this niche market, this episode is a ho...
2025-07-0224 minVancouver Commercial Real Estate PodcastREPOST: VCREP #70 | How to Buy and Sell a Business with Chris van VlietDisclaimer: This podcast was originally recorded and aired in September 2022People 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 ex...
2025-05-2834 minVancouver Commercial Real Estate PodcastVCREP #165 | Could a 1031 Exchange Fix Canada’s Real Estate Gridlock?This week Cory Wright welcomes back Rod McKay our newly appointed Team Lead at William Wright’s Vancouver office, here for a deep dive into the concept of the 1031 exchange and its potential impact on Canada’s commercial real estate market.Together, Cory and Rod unpack how this U.S.-style tax deferral strategy could unlock stagnant inventory, encourage reinvestment, and even support small businesses by allowing capital gains to be deferred - not forgiven. They explore real-world scenarios where deals are falling through due to tax burdens and explain how a Canadian version of the 1031 exchange coul...
2025-05-1433 minVancouver Commercial Real Estate PodcastVCREP #164 | From Soil to Completion: Navigating the Development Process with Greg MitchellThis week Cory Wright invites Greg Mitchell, Director at GDM Consulting Group Ltd., to explore what it takes to bring a real estate development from raw land to a completed project.With over 15 years of experience in urban planning, project management, and real estate development, Greg shares insights into the full development cycle, discusses developer-friendly regions, and outlines how design, strategy, and process intersect to create successful outcomes.As a Registered Professional Planner with deep Vancouver roots, Greg brings a rare mix of technical expertise and creative vision. Whether it’s navigating regulatory hurdles or fo...
2025-04-3041 minVancouver Commercial Real Estate PodcastVCREP #162 | Industrial Insights & Market Moves: A Conversation with Eric AderneckThis week Cory Wright and Melissa Moretti interviewed industrial lands planning expert Eric Aderneck for an insightful discussion on the industrial real estate sector. From politics to tariffs, Eric provides a unique bird’s-eye view of what's shaping the industry today.Despite the uncertainties in the market, we unpack how end users are still making moves, with properties priced right selling quickly. Tune in for this engaging conversation on industrial real estate, market trends, and the latest news!
2025-04-0933 minVancouver Commercial Real Estate PodcastVCREP #159 | How to Lower Your Commercial Property Taxes with Vance LeschukThis week Cory Wright is flying solo, but he’s bringing in a heavyweight guest to make up for it. Joining the show is Vance Leschuk, President of Add Vance Consulting, a leading expert in property tax appeals.Many commercial landlords assume property taxes are set in stone, but Vance breaks down how owners can challenge their assessments and potentially save thousands. In an economic climate filled with uncertainty with the tariff threats and shifting political landscapes. Understanding your options for reducing expenses is more critical than ever.This is an episode you can’t affor...
2025-03-0538 minVancouver Commercial Real Estate PodcastVCREP #157 | Interest Rates, Tariffs & Market Insights with Jon SwitzerThis week, hosts Cory Wright and Adam Scalina welcome back fan-favorite guest Jon Switzer, Managing Partner at Impact Commercial, for another deep dive into the current commercial real estate lending landscape.Jon shares his insights on where interest rates are trending, the impact of the latest Bank of Canada rate cut, and what it means for investors. He also breaks down key market trends, the potential effects of capital gains tax changes, and the looming 25% Trump tariffs set to take effect.With commercial mortgage rates hitting two-year lows and key BC markets evolving rapidly, this...
2025-02-0535 minVancouver Commercial Real Estate PodcastVCREP #156 | How Does Seattle Compare to Vancouver’s Real Estate Market?This week Cory Wright and co-host Adam Scalena sit down with industry experts Spencer Welton, Senior VP of Development at Grand Peaks, and Scott Glazebrook, Architect and Partner VP at Tiscareno to explore the changing landscape of Seattle’s real estate market. They dive into the evolving world of multifamily housing, urban planning, and the unique challenges faced by developers in the post-COVID era. With a spotlight on office-to-residential conversions, sustainable design practices, and the contrasting planning and rental markets between Seattle and Vancouver, this conversation provides key insights on how infrastructure investments and regulatory shifts are res...
2025-01-2937 minVancouver Commercial Real Estate PodcastVCREP #154 | 2025 Commercial Real Estate Outlook: Trends, Predictions, and Hot MarketsIn this year-end episode of the Vancouver Commercial Real Estate Podcast, hosts Cory Wright and Adam Scalena dive into the 2025 commercial real estate landscape. They deliver an in-depth analysis of key asset classes—industrial, office, multifamily, and development land—sharing expert predictions and actionable insights.Reflecting on the lasting effects of the pandemic and other pivotal events, they explore emerging trends and highlight promising investment opportunities in markets like Nanaimo and Vancouver Island. They also tackle the challenges posed by current economic conditions and rising interest rates, offering strategies to navigate the year ahead.Don't miss...
2024-12-1132 minVancouver Commercial Real Estate PodcastVCREP #153 | Commercial Market Momentum Building into 2025 with Cory WrightIs the commercial real estate market finally turning a corner? The latter half of 2024 provides compelling clues. Founder & Managing Broker of William Wright Commercial Cory Wright sits down with Adam and Matt this week to dive deep into BC's ever-evolving commercial real estate landscape.From surprising activity levels across multiple asset classes to emerging opportunities, Cory breaks down how the market has transformed through recent interest rate challenges and what changing pricing & returns mean for investors in different markets across the province.Which BC markets offer the best investment opportunities right now? Are there deals...
2024-12-0444 minVancouver Commercial Real Estate PodcastVCREP #152 | 5 Secrets to Doubling Your Cash Position in Commercial Real EstateThis week, hosts Cory and Melissa dive deep into the strategies that can transform your commercial real estate investments. Building on the massive success of last year’s holiday-themed episode, they’re delivering the ultimate gift: a step-by-step guide to doubling your cash position in commercial real estate.Cory breaks down how to identify markets with robust population and industry growth, understand lease rates and vacancy trends, and why short-term leases and current market cap rates are essential for mitigating risk. Together, Cory and Melissa highlight top BC markets like Kelowna, Nanaimo, and Vernon, where these strategies are m...
2024-11-2741 minVancouver Commercial Real Estate PodcastVCREP #148 | Economic Reflections with Patrick WoodIn this episode of VCREP, Cory and Melissa welcome back Patrick Wood from William Wright's Victoria office. Known as William Wright’s unofficial in-house economist, Patrick brings his analytical prowess to the table, diving deep into the recent interest rate changes and what they mean for BC’s real estate landscape.Tune in as Patrick breaks down how these shifts could impact investment strategies, property values, and the overall market outlook for 2024, this episode offers valuable insights into navigating real estate in a fluctuating rate environment. Tune in!
2024-10-3044 minVancouver Commercial Real Estate PodcastVCREP #146 | Uncovering Okanagan’s Best Investment Secret with Shelby Kostyshen & Nick RentonThis week, Cory and Melissa are joined by Shelby Kostyshen and Nick Renton from William Wright Commercial in Kelowna. With Shelby’s expertise in commercial sales and leasing and Nick’s background in credit and investment, they dive deep into the industrial real estate market in the Okanagan.Tune in as they discuss key opportunities, uncover the best value for industrial assets, and share insights on how the market is performing. If you’re looking to invest in Okanagan's industrial sector, this is an episode you won’t want to miss!
2024-10-1637 minVancouver Commercial Real Estate PodcastVCREP #141 | Exploring the Okanagan Real Estate Market with Nick RentonThis week, Cory and Melissa welcome Nick Renton to the show for a comprehensive overview of the BC and Okanagan real estate markets. With over 13 years of experience in credit and investment within retail and business banking, Nick brings a wealth of knowledge to the discussion.Nick, now with William Wright Commercial, leverages his extensive background to uncover real estate opportunities across the Okanagan and BC. His career includes managing significant investment and credit portfolios, supporting business development initiatives, and helping clients with property purchases, leasehold improvements, and equipment financing.Tune in to gain valuable...
2024-07-3137 minVancouver Commercial Real Estate PodcastVCREP #136 | Understanding Canada's New Cap Gains Rules with Ben VellaThis week, Cory takes the helm solo to address a hot topic requested by our listeners: the proposed changes to Canada's capital gains taxes. With new taxation rules slated to come into effect on June 2nd, it's crucial to understand how these changes might impact your investments.To shed light on this important issue, Cory is joined by returning guest Ben Vella. Ben, who previously shared his expertise on commercial real estate accounting, is back to unpack the effects of the new capital gains rules.Tune in as Cory and Ben discuss the implications of...
2024-06-0528 minVancouver Commercial Real Estate PodcastVCREP #135 | The Best Markets to Invest in Halfway Through 2024This week, Cory and Adam take center stage to deliver an essential mid-year review of the hottest investment markets for 2024. With their finger on the pulse of commercial real estate, they dive deep into the data and trends, revealing the prime locations ripe with opportunity.In this episode, Cory and Adam break down the top-performing markets and emerging hotspots, offering expert analysis and actionable insights to help you make informed investment decisions. This episode is packed with valuable information on where to focus your efforts and capitalize on the shifting landscape.Don't miss this chance...
2024-05-2241 minVancouver Commercial Real Estate PodcastVCREP #128 | Maple Ridge's Commercial Real Estate Goldmine with Stathis Michael SavvisJoin Cory and Melissa this week as they shift their attention to the city of Maple Ridge, a current hotspot in the commercial real estate realm.Accompanied by special guest Stathis Michael Savvis, a seasoned professional from the William Wright Tri-Cities office, boasting over a decade of thriving real estate investing and finance expertise.Stathis unpacks endlessly the exciting opportunities awaiting in Maple Ridge, accentuating its pro-business ethos and promising growth prospects within the greater Vancouver area.Tune in and stake your claim on the dynamic Maple Ridge frontier!
2024-03-2034 minVancouver Commercial Real Estate PodcastVCREP #127 | Is the Tri Cities the Next Best Investment Market with Nathan ArmourJoin Cory and Melissa this week with Nathan Armour, the esteemed Team Lead at William Wright Commercial's New Westminster Office. Recognized as one of the top-producing brokers, Nathan brings a wealth of experience in the industry.His expertise spans property valuations, business sales, investment opportunities, and understanding the unique needs of clients across various asset classes. With a background in management and hospitality, Nathan brings a unique blend of skills to the table, creating a culture of execution that enhances the commercial real estate experience.Tune in to gain insights into market trends, areas of...
2024-03-0639 minVancouver Commercial Real Estate PodcastREPOST: VCREP #27: How an EV Car Charging Station Could Influence Your Investment with Maxime Charron*Disclaimer: This podcast was originally recorded and aired in November 2021*The world’s richest man is the founder of an electric car company and that could be foreshadowing of what’s to come. This week, Cory and Adam welcome Maxime Charron, President of LeadingAhead Energy, an industry-leading electric car charging solution provider. Max talks about how the impact that 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 fe...
2024-01-3158 minVancouver Commercial Real Estate PodcastVCREP #122 | Avoiding the High Interest Rates with Meg CooneyJoin Cory and Adam this week as they welcome back Meg Cooney, a seasoned Commercial Real Estate Broker from William Wright's Vancouver Office.Meg takes center stage to share insights into the world of pre-sale strategies in commercial real estate.Whether you're an investor, developer, or simply intrigued by the intricacies of the industry, this episode offers a valuable exploration of pre-sale tactics and market insights with Meg Cooney. Don't miss out on this episode packed with knowledge and strategies!
2024-01-1736 minVancouver Commercial Real Estate PodcastVCREP #120 | 2023 Rewind: A Look Back at the Year That Was in Commercial Real Estate with Cory WrightIn this concluding episode of the year, host Matt takes the reins to interview Cory, offering a comprehensive summary of the year's journey through the dynamic world of commercial real estate.Together, they explore the transformative shifts within various asset classes, shedding light on how the commercial real estate landscape has evolved. From market events influencing discussions to the evolving topics on the show, Cory provides insights into the changing narratives and their impact.This episode is a reflective journey through the past year, encapsulating the essence of the evolving market and setting the stage...
2023-12-2051 minVancouver Commercial Real Estate PodcastVCREP #115 | VCREP's Best Investment Markets for 2024 with Rod MacKayIt's time to reveal the top 5 commercial investment markets for 2024! Join Cory Wright and Rod MacKay, from William Wright's Vancouver office, as they again break down the most promising opportunities for the year ahead.The criteria remains clear-cut: these markets offer above-average returns with significant potential for increased net operating income, paving the way for substantial equity gains. Get ready to take notes!
2023-11-0839 minVancouver Commercial Real Estate PodcastVCREP #113 | Is Vernon the Next Kelowna? with Shelby KostyshenCory and Melisa connect with Shelby Kostyshen, a distinguished commercial real estate expert from the William Wright Commercial Kelowna office.Shelby takes the reins to shed light on Vernon, a city that's recently seeing a uptick in growth. Could Vernon be the next Kelowna?Shelby unpacks specific asset classes that mirror the trends unfolding in Kelowna. Whether you are a seasoned investor or simply intrigued by emerging markets, this episode offers an inside perspective on the potential transformation of Vernon. Let's go!Here is a SECURE LINK to donate to Ja...
2023-10-1839 minVancouver Commercial Real Estate PodcastVCREP #108 | How Do the Kelowna Fires Affect Your Commercial Investments, with Jeff HancockBack in action! Cory and Melissa have returned to the studio. This week we are joined by Jeff Hancock who specializes in land development and is joining us all the way from the William Wright Kelowna office.Jeff is here to discuss from first hand experience the repercussions and effects the recent forest fires have on the local market over there. These annual occurrences have become a part of life for this vibrant Okanagan city that has over the past few years has become a bubble for real-estate development.Jeff also unpacks a comprehensive overview...
2023-09-1332 minVancouver Commercial Real Estate PodcastVCREP #107 | Vancouver Island’s Best Development Markets with Santanna PortmanJoin hosts Cory and Melissa as they welcome Santanna Portman, a seasoned Commercial Sales and Leasing Specialist at William Wright.Santanna brings her wealth of expertise to the table, diving deep into the vibrant commercial landscape that defines Vancouver Island.She offers invaluable insights and perspectives on the current state of the market, shedding light on key trends, emerging opportunities, and the evolving dynamics that shape this ever-changing landscape.Another insightful episode into the life and the market on the Island. Let's go!Here is a SECURE LINK to...
2023-08-1638 minVancouver Commercial Real Estate PodcastVCREP #105 | Is the Office Market the Best Investment? With Meg CooneyThis week, Cory and Melissa have back on the show past-guest-fan-favorite Meg Cooney, a seasoned Commercial Real Estate Broker at our William Wright Vancouver Office.We have the spotlight on commercial office space and this week Meg is taking a deep delve into transformational approach that draws people back to offices without enduring long commutes. This isn't just a discussion about office spaces; it's a blueprint for redefining the future of our communities.If you're curious about the potential of commercial real estate, the reinvention of office spaces, and strategies for thriving in this dynamic...
2023-07-2643 minVancouver Commercial Real Estate PodcastVCREP #104 | BC's Hottest Real Estate Market & How to Supercharge your Investment Strategy with Cory WrightWant to learn how to pick winning markets in under an hour? Many of you will know Cory Wright as Host of the Vancouver Commercial Real Estate Podcast, but Cory is so much more - Founder & Managing Director of William Wright Commercial Real Estate Services, BIV’s Top 40 Under 40 award recipient, Ernst & Young Entrepreneur of the Year Finalist, avid real estate investor, and - most importantly - one of the best deal finders we’ve ever met.So this week, Cory joins Matt & Adam to hold a master class on how to choose markets, find...
2023-07-121h 11Vancouver Commercial Real Estate PodcastVCREP #98 | BC's Best Kept Secret with Marianne DeCotiisThis week Cory and Matt welcome back Marianne DeCotiis; who has since moved from Langley and is now reporting from the William Wright office in Kamloops.We are opening the Kamloops market and digging in! How has the commercial market changed and developed over the past few years? How easy is the market to navigate? What is the current state of supply? How have the operations of the commercial market shifted? A great deal of information for the VCREP community this week, worth a second listen to make sure you digest it all.Marianne is b...
2023-05-3151 minVancouver Commercial Real Estate PodcastVCREP #96 | Commercial Real Estate 2023 Report Card with Rod MackayWith the amount of success our previous episodes with Rod have been, we just had to get him back on the show. So joining Cory and Matt this week, we have William Wright Commercial's very own, Rod MacKay.If you have been struggling to stay in the loop lately, this is the episode for you. Rod is here to give us a general update on the market. How have interest rates affected the market? How is the supply? What is the vacancy rate doing? And how is the retail market fairing after the pandemic?All...
2023-05-1047 minVancouver Commercial Real Estate PodcastVCREP #93 | How To Return 100% On Your Investment In Commercial Real EstateEver wonder how companies buy commercial buildings, fix them up, keep them, and then seem to buy more?This week, after receiving tens of emails over the past few months, Cory and Melissa will walk you through the 5 key indicators and steps on how you can buy value-add properties and get a 100% return on your equity in under 2 years. Cory outlines the areas, asset classes, and types of property this is achievable with and provides some essential information you Will not want to miss. If you have ever wondered how the professionals do it, this is the ep...
2023-04-1936 minVancouver Commercial Real Estate PodcastVCREP #87 | VCREP's #1 Commercial Investment Market for 2023 Explained with Connor BraidWant to know why VCREP picked Nanaimo as the best investment market for 2023? This week Cory and Melissa welcome Connor Braid of William Wright Commercial and Managing Director for Vancouver Island to share the inside stats on why the Central Island region is an investment market you want to know. From developments to population growth to thriving industries Connor breaks down it all and why you want to make sure Greater Nanaimo is on your search criteria for your next commercial real estate investment.
2023-03-0131 minVancouver Commercial Real Estate PodcastVCREP #86 | The Best Commercial Investment for 2023 with Thomas WieckowskiAs the interest and activity ramp up in late February, everyone is asking where are the best opportunities found? No worries, we have some of the answers as this week Cory and Adam welcome Thomas Wieckowski of Campbell & Pound to discuss what's in store for 2023 and a lookback at the past 24 months.Thomas walks us through what the appraisal industry has seen over the past two plus years and gives his thoughts on what makes a good opportunity. Thomas takes the high road and doesn't divulge the exact location(s) or asset classes but don't worry, Cory sums i...
2023-02-2249 minVancouver Commercial Real Estate PodcastVCREP #82 | What's in Store for 2023 with Patrick WoodAs things seem to have picked up already, phones are ringing for properties, and sellers are receiving offers, in some cases multiple..So what does it all mean?This week, Cory and Adam welcome Patrick Wood from William Wright's Victoria office (and the company's unofficial in-house economist) to tell us how to interpret this quick start to the year, what his picks are for best investment markets in 2023, and what he anticipates all these numbers reveal about interest rates and inflation.Pat never disappoints, so sit back and enjoy!
2023-01-2539 minVancouver Commercial Real Estate PodcastVCREP #81 | The 5 Best Commercial Investment Markets for 2023It's that time again, and just like last year, the team unveils their 5 best commercial investment markets for 2023. This week Cory and Melissa welcome back Rod MacKay from William Wright's Vancouver office to roll out where you want to invest this year. The criteria is simple: these markets offer above average returns with the opportunity for a major increase in net operating income in the coming years, resulting in a big potential equity gain. We can't give away the best investment advice in the write-up, so you will have to listen to the episode to find out. Get your pen...
2023-01-1844 minVancouver Commercial Real Estate PodcastVCREP #78 | The Most Exciting Real Estate News of 2022 with Jon SwitzerBREAKING NEWS BREAKING NEWS BREAKING NEWSAs everyone winds down their work schedules in preparation for the holidays the best news of 2022 was shared. This week Cory and Matt had to bump their guest this week for some welcomed interest news... finally.While attending a holiday gathering Jon Switzer, of Impact Commercial, shared with Cory the 10-year bond numbers where falling which predicts (fingers crossed) the fixed rates will follow. After hearing this the VCREP crew had to get the news to the listeners and Jon doesn't disappoint.Jon shares his prediction on int...
2022-12-1449 minVancouver Commercial Real Estate PodcastVCREP #75 | Around the Province with Matt EverittWilliam Wright Commercial operates offices in five of BC's top commercial real estate markets and with two more offices set to open in the coming months, who better to get a Province wide view on the markets than WWC's Business Development Manager, Matt Everitt.This week Matt joins Cory and Melisa to take a look at what markets within BC are the ones to watch in 2023. Matt walks us through the expansion of WWC into both Kamloops and the Central Island and why the time is now for investors to jump into these areas before the market sta...
2022-11-2339 minVancouver Commercial Real Estate PodcastVCREP #70 | How to Buy and Sell a Business with Chris van VlietPeople 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 smal...
2022-10-1934 minVancouver Commercial Real Estate PodcastVCREP #69 | Is Canada's Fastest Growing City the Best Investment in 2022 with Jeff BrownRecently 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 esta...
2022-10-1238 minVancouver Commercial Real Estate PodcastVCREP #65 | Best Investment Opportunities in a High Interest Rate Market with Harry JonesAs 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 a...
2022-08-2430 minVancouver Commercial Real Estate PodcastVCREP #63 | How To Buy Commercial Real Estate with Your Life Insurance Policy… Whilst You’re Still AliveDo 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...
2022-08-1035 minVancouver Commercial Real Estate PodcastVCREP #56 | What's Really Happened in Canadian Commercial Real Estate in 2022, with Raymond WongWant 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...
2022-06-2240 minVancouver Commercial Real Estate PodcastVCREP #55 | The City of Vancouver's Biggest Decision Ever, with Meg Cooney, Seamus Bailey and Liam SimpsonAs 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 t...
2022-06-1543 minVancouver Commercial Real Estate PodcastVCREP #52 | The Food App Industry Exposed, with Amrit MaharajEver 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...
2022-05-2546 minVancouver Commercial Real Estate PodcastVCREP #51 | How to Buy a Six Percent Industrial CAP Rate, with Bronwyn ScrivensAs 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...
2022-05-1846 minVancouver Commercial Real Estate PodcastVCREP #50 | Is the Fraser Valley Area the Best Real Estate Market in the Lower Mainland? With Jonathan MeadsThis 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...
2022-05-1149 minVancouver Commercial Real Estate PodcastVCREP #49 | Victoria Unleashed with Mayor Lisa HelpsOn 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...
2022-05-0435 minVancouver Commercial Real Estate PodcastVCREP #48 | Rising Interest Rates & How they Will Impact Your Investments with Jon SwitzerIf 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. ...
2022-04-2744 minVancouver Commercial Real Estate PodcastVCREP #47 | Vancouver Island's Development Market Uncovered with Mike KozakowskiIn 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 a...
2022-04-2046 minVancouver Commercial Real Estate PodcastVCREP #46 | How to Scale Commercial Real Estate with Sam WilsonIf 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’.
2022-04-1342 minVancouver Commercial Real Estate PodcastVCREP #45 | BC's Best Hidden Commercial Real Estate Market with David AlgraIf 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 downt...
2022-04-0638 minVancouver Commercial Real Estate PodcastVCREP #44 | Is Nanaimo the New Victoria for Commercial Real Estate Part 2, with Mayor Leonard KrogIn 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...
2022-03-3048 minVancouver Commercial Real Estate PodcastVCREP #43 | Happy Spring BreakCory 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!
2022-03-2301 minVancouver Commercial Real Estate PodcastVCREP #42 | Canada's Fastest Growing City with Jon FriesenRecently 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...
2022-03-1631 minVancouver Commercial Real Estate PodcastVCREP #41 | Is Langford BC's New Big City? With Mayor Stewart YoungRecently 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 in...
2022-03-0948 min
Vancouver Commercial Real Estate PodcastVCREP #40 | How To Buy A Office Building For Only $150,000 with Darcy UlmerEver 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...
2022-03-0254 min
Vancouver Commercial Real Estate PodcastVCREP #39 | Is Nanaimo the New Victoria for Commercial Real Estate with Jacob SteinerIf 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...
2022-02-2346 min
Vancouver Commercial Real Estate PodcastVCREP #38 | How to Make Money Like a Real Estate Developer for only $5000 with Ravi MannHave 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!
2022-02-1653 min
Vancouver Commercial Real Estate PodcastVCREP #37 | What's next for the Canadian Economy with Doug Porter 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...
2022-02-0947 min
Vancouver Commercial Real Estate PodcastVCREP #36 | Investing in Multifamily 101 with Marianne DeCotiisEver 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...
2022-02-0251 min
Vancouver Commercial Real Estate PodcastVCREP #35 | Staying on the Right Side of Commercial Real Estate Law with Tim Lack 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...
2022-01-2645 min
Vancouver Commercial Real Estate PodcastVCREP #34 | One Commercial Real Estate Cost that's Set to Skyrocket with Owen LeckyOver 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...
2022-01-1941 min
Vancouver Commercial Real Estate PodcastVCREP #33 | Supercharging your Investment Portfolio with Alan HaighThey'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...
2022-01-1250 min
Vancouver Commercial Real Estate PodcastVCREP #32 | Merry Christmas & Happy Holidays from VCREPWishing our listeners a Merry Christmas and a Happy New Year! Cory Wright William Wright Commercial
2021-12-2202 min
Vancouver Commercial Real Estate PodcastVCREP #31 | The Largest Real Estate Transaction in 2021 - $300,000,000 with Steve Jedreicich and Andy Tam at Keltic Canada Development.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...
2021-12-1549 min
Vancouver Commercial Real Estate PodcastVCREP #30 | The Top 5 Real Estate Investment Markets in BC for 2022 with Rod MackayThere 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...
2021-12-0150 min
Vancouver Commercial Real Estate PodcastVCREP #29 | Is your $500,000 condo really worth a million dollars with Meg CooneyDo 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 hav...
2021-11-2438 min
Vancouver Commercial Real Estate PodcastVCREP #28 | Why You Should Invest in Canada's Next Big City with Anita Huberman 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...
2021-11-1743 min
Vancouver Commercial Real Estate PodcastVCREP #27 | How an EV Car Charging Station Could Influence Your Investment with Maxime CharronThe 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...
2021-11-1059 min
Vancouver Commercial Real Estate PodcastVCREP #26 | What's Next for Downtown Vancouver with Nolan MarshallIt'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...
2021-11-0251 min
Vancouver Commercial Real Estate PodcastVCREP #25 | How to Finance Commercial Investment Properties with Matthew DunniganDid 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...
2021-10-2748 min
Vancouver Commercial Real Estate PodcastVCREP #24 | How to Become an Investorpreneur with Peter LeungThis 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...
2021-10-2059 min
Vancouver Commercial Real Estate PodcastVCREP #23 | How Big Data Should Inform Your Biggest Investment Decisions with Raymond WongSo 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...
2021-10-1352 min
Vancouver Commercial Real Estate PodcastVCREP #22 | The Five BEST Real Estate Markets in BC in 2022 with BIV’s Frank O’BrienIf 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...
2021-10-061h 02
Vancouver Commercial Real Estate PodcastVCREP #21 | How to Buy Self Storage Properties for only $10,000 with Hugh CartwrightDon'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...
2021-09-2953 min
Vancouver Commercial Real Estate PodcastVCREP #20 | Is Victoria the Next Vancouver Real Estate Market with Byron ChardThey 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 t...
2021-09-2254 min
Vancouver Commercial Real Estate PodcastVCREP #19 | North America's Best Market Just Keeps Getting Better with Mike MackayNorth 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...
2021-09-1555 min
Vancouver Commercial Real Estate PodcastVCREP #18 | Is the Retail Cannabis Business Riding HIGH? with Jeff PreteThe 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 chi...
2021-09-081h 09
Vancouver Commercial Real Estate PodcastVCREP #17 | The Best Real Estate Market in BC with Jeff BrownIs 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 h...
2021-09-0154 min
Vancouver Commercial Real Estate PodcastVCREP #16 | Is Kamloops BC's Next Big Real Estate Market to Invest In with Bryan PilbeamEver wish you could go back in time and buy as much Vancouver real estate as you could in 2003? It may not be too late....to buy into what could be BC's next real estate market set to boom: Kamloops. This week, Cory and Matt welcome Bryan Pilbeam, Vice President of Invictus Properties, to discuss everything Kamloops including Bryan's latest commercial project set to regenerate downtown Kamloops, The Hive. COVID19 has made working remotely the norm and has allowed both employers and employees to relook at where they call home and cities like Kamloops are right ready to boom.
2021-08-2551 min
Vancouver Commercial Real Estate PodcastVCREP #15 | How to Buy Commercial Real Estate with 0% Down with Jon SwitzerAre you a successful business owner? Or maybe a business owner who has been able to provide a living for your family but hasn't yet found financial freedom through your business? This week, Cory and Matt welcome Jon Switzer, an owner occupier financial specialist, who shows business owners how to unlock their revenues enabling them to become their own landlord and in some cases with as little as 0% down including closing costs. Most businesses in Canada are small businesses, 50 employees or less, and you would be surprised to hear how a lot of these businesses have the fina...
2021-08-1847 min
Vancouver Commercial Real Estate PodcastVCREP #14 | Developing From the Ground Up with Jordan MacDonaldHave you ever wondered how a property goes from an old house into a new multi level condo building? This week, Cory and Matt welcome Fabric Living CEO Jordan MacDonald who pulls back the sheets and explains the developing process in detail plus discusses some of his hugely successful East Vancouver projects. From the years of approval and planning that takes place to the "not so big" profit margins developers work off of, Jordan breaks down everything for our listeners giving everyone a first hand look at the development process in the City of Vancouver. ...
2021-08-111h 02
Vancouver Commercial Real Estate PodcastVCREP #13 | The Evaluation of the Office Space with Drew RatcliffeOver the past year and a half, the world has seen many changes...but is the office space one of them? According to Drew Ratcliffe it is. This week, Cory welcomes Drew Ratcliffe of And Co, a new all-in-one, multi level, office community completed with a wellness studio, restaurant & event space. Drew shares his vision of what he feels the future of office space in Vancouver will look like while introducing his latest venture And Co. More than just another shared office space, Drew believes he will be able to offer potential tenants a world class experience.
2021-08-0440 min
Vancouver Commercial Real Estate PodcastVCREP #12 | The Future of the Restaurant Business with Glowbal Group CEO Emad YacoubThere is no question the hospitality sector has been hit the hardest by the COVID pandemic. One of Vancouver's most prominent restaurant CEOs joins Cory this week to discuss the challenges the industry has had to overcome to survive and what the future of the business looks like. The Glowbal Group operates 10 locations that are some of the premiere restaurants in the Greater Vancouver area; their CEO Emad Yacoub discusses how they survived losing more than $110,000 per day, managed a payroll of over 900 employees when the COVID shutdown hit, and what the Glowbal Group has in store for...
2021-07-2835 min
Vancouver Commercial Real Estate PodcastVCREP #11 | The Fastest Growing Commercial Asset Class in Canada? with Pat WoodEver wonder about that 5' x 5' self storage unit that you rented for $110/month to store all that crap you never use? This week Cory and Adam welcome Pat Wood, formerly one of the, if not THE authority in self storage appraisals and consulting to discuss why this asset class has seen a huge run in the past couple of years. Pat breaks down what the self storage asset class is, why there seems to be so many popping up as of late, and what investment angles exist if you wanted to partake in the success...
2021-07-2150 min
Vancouver Commercial Real Estate PodcastVCREP #10 | How to Buy Commercial Real Estate for Only $1 with Mitch JarviEver wanted to buy commercial real estate but never felt you had the financial ability to do so? This week, Cory and Matt welcome Mitch Jarvi from the new crowdsourcing investment platform Addy. Mitch walks through the new opportunities Addy offers to its members by acquiring shares in various commercial real estate properties for as little at $1.00 and up to a maximum of $1,500.00 per property. Each opportunity offers different risks and returns based on the property type and location. Addy allows its members to customize their portfolio of commercial holdings similar to buying a single song on...
2021-07-1455 min
Vancouver Commercial Real Estate PodcastVCREP #9 | The Best Commercial Real Estate Investment in North America with Connor BraidWhat asset class has the lowest vacancy rate in North America, surging demand from tenants, and seems to be annually increasing lease rates? This week, Cory welcomes Connor Braid, Managing Broker from William Wright Commercial's Victoria office, to discuss the industrial asset class in Greater Victoria. Boasting a vacancy rate of less than 1% and continued increasing demand post-pandemic, the industrial market in Greater Victoria could be the hottest commercial opportunity in North America and one of the best investments out there...that is, if you can even find property to purchase. Connor breaks down why...
2021-07-0733 min
Vancouver Commercial Real Estate PodcastVCREP #8 | How to Buy the Perfect Investment Property with Thomas Wieckowski from Campbell and Pound Commercial AppraisersEver wonder how an appraiser or bank views your purchase? This week Cory welcomes Thomas Wieckowski to break down the appraisal process, how to value risk, and how a bank views your property. A must-listen-to episode if you are thinking of buying or have purchased commercial real estate to ensure you get the best value for your dollar. Thomas sheds some great insight for your next commercial purchase and what to consider during the offer process!
2021-06-3052 min
Vancouver Commercial Real Estate PodcastVCREP #7 | Commercial Real Estate's Top Tax Tips with John JuranyiWhat tax benefits does commercial real estate offer, Want to buy a commercial property and avoid paying property transfer tax? Cory and Adam welcome John Juranyi from Davidson & Company Accountants to discuss tax tips and benefits of owning commercial real estate. John provides in site on how buy the shares or company vs the commercial asset to avoid property transfer tax and ways to defer capital gains on the sale of commercial real estate. A must listen to episode for everyone who owns or looking to own commercial real estate.
2021-06-2348 min
Vancouver Commercial Real Estate PodcastVCREP #6 | Will Rising Insurance Costs Kill Your Portfolio? With Derek McCoyThe world of insurance has faced unprecedented challenges over the last few years, with the result being expensive premium & deductible hikes that have the potential to destroy your bottom line. Chief Operating Officer of Real Estate Owners and Managers Insurance Agency, Derek McCoy, sits down with Cory to break down the causes, concerns, and costs of insuring commercial real estate today in BC. What do you need to know before you buy? How can you mitigate against the risks of rising costs? And what are the key factors to watch for in the years to come? Notebooks out!
2021-06-1645 min
Vancouver Commercial Real Estate PodcastVCREP #5 | How to Increase your Property’s Value Without Lifting a Finger with Warren SmithiesAre you looking to buy commercial real estate but have no idea how to take care of the property? No worries; Cory welcomes Warren Smithies CEO of Martello Group, one of Western Canada’s leading commercial property management companies, with over 5,000,000 SQFT under management. Warren walks you through the benefits of having a professional management company oversee and manage your property which will lead to increased value for owners without having to lift a finger. COVID 19 impacted landlords all over the world and here first hand what Warren’s portfolio has experienced and here how they prepare as BC is e...
2021-06-0952 min
Vancouver Commercial Real Estate PodcastVCREP #4 | The Dirtiest Job in Commercial Real Estate that will Save You Thousands with Shane RigterWho has the dirtiest job in commercial real estate? Cory welcomes Shane Rigter from Next Environmental, a leader in environmental testing in the commercial real estate industry. When buying a commercial building or property, ever wonder how the soil can impact your purchasing decisions? Shane breaks down what this is all about and how federal and provincial regulations have impacted this part of the industry. All commercial land owners, and future land owners, need to grab a notepad, pull up a seat, and hear how the dirt below your feet can affect you buying the building above the surface.
2021-06-0255 min
Vancouver Commercial Real Estate PodcastVCREP #3 | Bulletproof Leasing for Financial Success with Scott McInnesEver 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 mus...
2021-05-261h 00
Vancouver Commercial Real Estate PodcastVCREP #2 | Financing Commercial Real Estate 101Ever 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.
2021-05-1942 min
Vancouver Commercial Real Estate PodcastVCREP #1 | Commercial Real Estate for DummiesHave you ever wondered how commercial real estate works or better yet what it even is? We got you covered with the launch of the Vancouver "Commercial" Real Estate Podcast hosted by Cory Wright. To kick things off Cory welcomes very special guests and co-hosts Adam & Matt Scalena, aka Cory's new boss, to help break down the commercial real estate world and help educate with commercial 101. What asset classes fall within the commercial industry, where to buy, how to buy, and everything in between Cory breaks down everything you need to know to get started. This episode will start a ...
2021-05-1252 min