Cory Wright
Vancouver Commercial Real Estate Podcast
Imagine you are friends with hundreds of commercial real estate investors, developers, economists and urban planners in Vancouver. Now imagine you can grab a coffee with each of them and casually chat about failures, successes, motivations, lessons learned and even their best investment advice. This plus the nuts and bolts of Commercial Real Estate - that’s what we’re aiming for with the Vancouver Commercial Real Estate Podcast!
Where to listen?
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Episodes
VCREP #64 | Understanding Property Taxes 101 with Clayton Olson 17.08.2022 45:27
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...
VCREP #63 | How To Buy Commercial Real Estate with Your Life Insurance Policy… Whilst You’re Still Alive 10.08.2022 35:42
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...
VCREP #62 | What is Driving Up the Costs of Commercial Insurance, with Nigel Clark 03.08.2022 39:31
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 insu...
VCREP #61 | Vancouver Island’s Diamond in the Rough Investment, with Mayor Ed Mayne 27.07.2022 36:06
We have talked a lot about Victoria and Nanaimo, but we haven’t spoken about what we bet could be a sleeper investment opportunity in Vancouver Island. This week Cory and Adam welcome Parksville’s Mayor Ed Mayne to discuss the exciting opportunities Parksville is currently experiencing in the Central Island market. As Nanaimo continues to boom, just 20 minutes up the road sits Parksville, which ha...
VCREP #60 | What Does a One-Percent Increase to Interest Rates Mean for Commercial Real Estate? 20.07.2022 48:41
If you were shocked by the Bank of Canada's one percent increase to interest rates this past week you are not alone. Cory and Matt are here this week to discuss the potential impact on commercial real estate... if any all. How does this affect your loan-to-value ratio when looking to acquire real estate? and what's next for the commercial real estate market in the province? As we continue...
VCREP #59 | Canada's Best Commercial Real Estate Market in 2022, with Lori Suba & Laurae Spindler 13.07.2022 46:52
What commercial market in Canada has the whole country talking? This week Cory welcomes Lori Suba and Laurae Spindler, of Scout Real Estate in Calgary, to unpack the rollercoaster of action our friends over in the prairies are experiencing in the commercial market. Ever since the oil and gas sector crashed, Calgary has seen a down market which has lasted for a few years now. But, as Lori and Laura...
VCREP #58 l This Commercial Market Makes Dollars and Sense, with Jeff Kennedy 06.07.2022 37:24
There is no secret that supply chain issues and inflation are having direct impact on developers all around the world. In the studio this week Cory and Adam welcome Jeff Kennedy who is here from Troika Developments, one of Kelowna’s most well-known builders, to discuss the challenges within the development industry and what the future looks like for developers as well as breaking down some of the...
VCREP #57 | Vancouver Island by the Numbers, with John MacDonald 29.06.2022 41:25
For 24 months and counting, Vancouver Island has become a shining star in the commercial real estate world. In this episode we unpack the numbers. This week Cory and Adam welcome John MacDonald, publisher of the Business Examiner; one of Vancouver Island's go to business online publications. He is here to break down how the various island markets fared with each other and provides some insight...
VCREP #56 | What's Really Happened in Canadian Commercial Real Estate in 2022, with Raymond Wong 22.06.2022 40:31
Want 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 reboun...
VCREP #55 | The City of Vancouver's Biggest Decision Ever, with Meg Cooney, Seamus Bailey and Liam Simpson 15.06.2022 43:40
As 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 dis...
VCREP #54 | Victoria vs Nanaimo… Which would You Rather? With Robin Kelley 08.06.2022 54:36
The ongoing debate on Vancouver Island right now is Victoria or Nanaimo? In this episode we ask this question from a commercial real estate perspective to one of our experts, Robin Kelley, of the Groupe Denux; one of Vancouver Islands long-standing families of real estate. Robin is on the show this week to provide his insight on both markets and how each market has fared over the years and unpacks...
VCREP #53 | Is the Commercial Real Estate Market about to Crash? With Rod MacKay 01.06.2022 35:45
As we approach the halfway point of 2022, people are asking; is the commercial real estate market about to crash? Rod Mackay of William Wright Commercial's Vancouver office is here this week to discuss the most unpredictable year we have had in real estate yet. From faster than expected rising interest rates, to record breaking month-over-month inflation, to worldwide supply chain issues… 2022...
VCREP #52 | The Food App Industry Exposed, with Amrit Maharaj 25.05.2022 46:00
Ever 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 capitali...
VCREP #51 | How to Buy a Six Percent Industrial CAP Rate, with Bronwyn Scrivens 18.05.2022 46:50
As 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...
VCREP #50 | Is the Fraser Valley Area the Best Real Estate Market in the Lower Mainland? With Jonathan Meads 11.05.2022 49:40
This 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 t...
VCREP #49 | Victoria Unleashed with Mayor Lisa Helps 04.05.2022 35:24
On 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 highlig...
VCREP #48 | Rising Interest Rates & How they Will Impact Your Investments with Jon Switzer 27.04.2022 44:52
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 wh...
VCREP #47 | Vancouver Island's Development Market Uncovered with Mike Kozakowski 20.04.2022 46:11
In 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...
VCREP #46 | How to Scale Commercial Real Estate with Sam Wilson 13.04.2022 42:54
If 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...
VCREP #45 | BC's Best Hidden Commercial Real Estate Market with David Algra 06.04.2022 38:26
If 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, a...
VCREP #44 | Is Nanaimo the New Victoria for Commercial Real Estate Part 2, with Mayor Leonard Krog 30.03.2022 48:53
In 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...
VCREP #43 | Happy Spring Break 23.03.2022 1:32
Cory 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!
VCREP #42 | Canada's Fastest Growing City with Jon Friesen 16.03.2022 31:42
Recently 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...
VCREP #41 | Is Langford BC's New Big City? With Mayor Stewart Young 09.03.2022 48:45
Recently 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 Langf...
VCREP #40 | How To Buy A Office Building For Only $150,000 with Darcy Ulmer 02.03.2022 54:38
Ever 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 providi...
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