Logan Crowder

I am a commercial realtor with a focus on development land & commercial investment properties across British Columbia.

[Logan Crowder @LoganCrowder]

Moving forward, Abbotsford’s development charges shift with increased DCC rates, new ACCs, and reduced CACs & Density Bonuses focused on affordable housing. These changes aim to balance infrastructure growth with community needs.

[Logan Crowder @LoganCrowder]

Let’s break down current & proposed development charges in Abbotsford. Development Cost Charges (DCC), Community Amenity Contributions (CAC), and Density Bonuses impact how much developers pay & where funds go. Here’s a snapshot of each one:

[Logan Crowder @LoganCrowder]

Exemptions & In-Kind Contributions
ACCs won’t apply to public worship, non-population-increasing developments, or special housing. Developers may also offer in-kind amenities, like building community centres within projects.

[Logan Crowder @LoganCrowder]

For a long time now, the sentiment from investors has been why buy #CRE at a 5% cap when I can get a GIC at 5% requiring no management. Two main reasons:

1. No expenses or depreciation to claim with a GIC
2. No leverage with a GIC

[Logan Crowder @LoganCrowder]

CMHC report: Building more homes helps affordability. Who would've thought.

"The continuous construction of new housing is crucial:
• Today’s new developments will free up existing housing.
• Over time, the new housing of today will become
tomorrow’s more affordable options."

[Logan Crowder @LoganCrowder]

@TeamHerrold Can you expand more on how you derived the 61 bps movement? I’m an analytics nerd and always like to better understand how to make these forecast

[Logan Crowder @LoganCrowder]

@thesamparr @super73 all the way. I’ve gotten a few bikes from them and been over the moon impressed with their quality and support from the team.

[Logan Crowder @LoganCrowder]

There are exemptions:
- heritage property
- land not connected to city water/sewer
- parcels over 1 acre

Municipalities are required to update zoning by June 30, 2024. Official community plans are to be updated by Dec. 31, 2025.

[Logan Crowder @LoganCrowder]

Single-family homes are some of the best real estate you can own in the Lower Mainland due to the control that comes with it and scarcity of land in the region. For decades now this region has been moving away from urban sprawl towards densification. Bill 44 is the next wave.

[Logan Crowder @LoganCrowder]

Prescribed bus stop is determined by transit frequency and timing and is considered to be a prescribed bus stop if it is served by at least one bus route that is scheduled to stop at least every 15 minutes, on average, between the hours of 7am - 7pm Mon - Fri & 10am - 6pm Sat/Sun

[Logan Crowder @LoganCrowder]

@TalktoARYZE Do you know if strata projects under BCs housing bylaw qualify for CMHC financing? The affordable housing innovation fund sounds like it might have potential.

[Logan Crowder @LoganCrowder]

Finished a $25M Vancouver mixed-use building evaluation for a client today. 2/3 tenanted, 1/3 vacant office space. Tenanted office values at $450/sqft; vacant, for owner-use, hits $800-$900/sqft. Some good plays in office to be had.