#colliers provided their latest market report on metro van. It gave me an opportunity to provide some comments on what we are experiencing in our day to day interactions with the market/clients. https://t.co/xiccSTjUua
What are you strategies dealing with difficult vendors? Currently, I’m trying to remove subjects on a property at a lower price because net-usable came back less. The vendor reassured me the original price is reasonable because of the appraisal! #retwit
@fortworthchris That would be catastrophic in Vancouver! Peak levels of immigration and not enough housing supply. We are creating a dangerous imbalance on the west coast of Canada!
@morganiannone@girdley Permitting is a real struggle. Developers should have the option to pay exuberant permitting fees in return for fast approvals. It minimizes time risk for the developer community, it will increase supply and we may as well give the money to the city opposed to banks!!
Pretty thrilled on our latest project completion, a 33,000sf build to suit in Surrey! We continue seeing strong demand from owner/users wanting to own their own real estate. Pretty sharp looking building!
@Levijameshere It’s efficiency for me right now! Standardizing and optimizing processes. Our business model is focused, and with the right systems in place, we feel we can replicate every project to a high degree of quality.
@Levijameshere Couldn’t second this comment more! Went from a large developer doing all asset classes to focusing on sub four acre industrial land, both income and development. Its a narrow focus, but I’ve uncovered so much opportunity within it!
@BobKnakal Great storey, assemblies are so challenging. From 2014-2016 I worked on assembling individual condo units in buildings, to ultimately control the entire strata. The underlying land was worth more than the total market value of the condo units. The “holdouts” made a fortune!