Vancouver Commercial Real Estate Podcast

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. 

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

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

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