Brick & Mortar: Canadian Real Estate: Recent Episodes
Brick & Mortar
A detailed, honest, and bold analysis of Canadian real estate through the lens of Mortgage Agent Nick Hill & Real Estate Broker Daniel Foch.
Tune in to this highly informative episode of Real Estate Space as Daniel Foch delves into the Bank of Canada's recent financial system review. Gain a comprehensive understanding of how the review impacts the Canadian real estate market and what it means for investors, buyers, and sellers alike. With expert analysis and valuable insights, Daniel unpacks the key takeaways from the review and discusses the implications for mortgage rates, lending policies, and the overall stability of the real estate sector. Whether you're a seasoned investor or a first-time homebuyer, this episode will provide you with essential knowledge to navigate the evolving landscape of Canadian real estate.
In this thought-provoking episode of the Canadian real estate podcast, Daniel Foch sheds light on a surprising trend among new condo investors. Join him as he explores the shocking revelation that half of these investors are actually losing money. Discover the underlying reasons behind this phenomenon and gain valuable insights into the pitfalls and challenges faced by condo investors. Whether you're considering a condo investment or looking to refine your current strategies, this episode will equip you with the knowledge and tools to make wise decisions and maximize your returns.
Join Daniel Foch and a panel of seasoned realtors in this captivating episode of the Canadian real estate podcast. Together, they delve into the latest statistics revealing the biggest percentage jump in Canadian home sales since the Global Financial Crisis. Gain valuable insights as the realtor roundtable discusses the factors behind this surge, market trends to watch out for, and strategies to navigate this dynamic landscape. Whether you're a buyer, seller, or simply interested in the Canadian real estate market, this episode will provide you with the knowledge you need to make informed decisions in this rapidly changing environment.
In this compelling episode, we're joined by real estate expert and urban planning enthusiast Daniel Foch, as he dives into the recent groundbreaking decision by Toronto to legalize fourplex housing units throughout the city. As the city grapples with a severe housing crisis, this shift towards a 'missing middle' housing solution promises to bring transformative changes.
Daniel, renowned for his insightful analysis of the Toronto real estate market, unpacks the implications and potential benefits of this move. He discusses how this decision signifies a crucial shift in Toronto's housing policy, cutting through the urban-suburban divide and making room for more diverse housing options.
We delve into the "missing middle" housing concept - a term coined to represent multi-unit housing types like fourplexes, triplexes, and townhouses, typically nestled in low-density suburban areas. Such housing types, Daniel argues, are the key to addressing Toronto's housing crisis. He expertly dissects how these middle-density options can offer affordable and diverse living arrangements, thereby enhancing the city's livability and inclusivity.
Daniel also takes us through the economic and social ramifications of this policy, discussing its potential to reshape Toronto's neighborhoods, boost local economies, and mitigate gentrification. We explore how the addition of fourplexes might influence property values, rental rates, and the overall housing market dynamics in Toronto.
In this episode, Daniel Foch and Chris Spoke discuss the unique challenges faced by the "missing middle" – the often overlooked housing types that fall between single-family homes and large apartment complexes, designed to accommodate the diverse needs of moderate-income households. Hear from industry experts, policymakers, and thought leaders as they share insights, strategies, and success stories to help bridge the gap and create thriving, inclusive communities. Tune in and discover how we can shape a more equitable future for the real estate market!
Join Daniel Foch in this captivating conversation with renowned architect Toon Dreessen as they delve into the intricate connections between city architecture, housing costs, and the lives of citizens. Explore how urban planning and design directly influence affordability, accessibility, and sustainability in our communities. Daniel and Toon discuss innovative solutions that reimagine our cityscapes, while addressing the challenges of growing populations and skyrocketing housing prices. Tune in to discover how architects and city planners are reshaping the urban landscape to foster equitable, vibrant, and thriving neighborhoods for all. Don't miss this enlightening discussion about the future of our cities and the importance of thoughtful, people-centered design.
Join us for a captivating episode of The Real Estate Pulse, as we sit down with real estate expert Daniel Foch, alongside a panel of distinguished Toronto realtors, investors, and analysts, to dissect the recent rebound in the city's housing market and home prices for the first time in over a year.
In this fascinating discussion, Daniel and our esteemed guests will share their insights on the driving forces behind this recovery, including economic indicators, government policies, and buyer sentiment. They'll also explore the implications of this rebound for Toronto's housing landscape, including potential challenges and opportunities that may lie ahead.
Listen in as our panelists discuss topics such as:
- The factors that contributed to the housing market downturn and the subsequent rebound
- The role of government policies and incentives in stimulating market activity
- The impact of changing buyer preferences and the future of Toronto's housing supply
- Investment strategies for navigating the post-rebound market
- Key areas and trends to watch as Toronto's housing market evolves
This episode is a must-listen for anyone interested in understanding the dynamics of Toronto's real estate market and seeking expert advice on how to adapt and thrive in the current environment. So, tune in to The Real Estate Pulse to learn from the best and stay ahead of the curve in one of Canada's most vibrant and competitive housing markets.
Join us for an eye-opening episode of Daniel Foch's podcast, where he delves into the clandestine world of economic manipulation with none other than John Perkins, the author of the international bestseller, "Confessions of an Economic Hitman." In this captivating conversation, Perkins shares his personal journey from an economic hitman to a whistleblower, shedding light on the insidious tactics employed by global organizations to maintain power and control over developing nations. Together, they discuss the consequences of these actions, the possibilities for change, and the role we all can play in creating a more just and sustainable world. Don't miss this rare opportunity to hear the gripping story of a man who has experienced firsthand the dark underbelly of international finance and lived to tell the tale.
In episode #61 of the Real Estate Space, we are joined by a special guest, @nelsonepega, for an insightful conversation on the state of the industry. As a seasoned real estate professional with years of experience under his belt, Nelson brings a wealth of knowledge and expertise to the table. We discuss everything from the impact of the pandemic on the market to the latest trends in real estate technology. With Nelson's unique insights and perspectives, this episode is a must-listen for anyone looking to stay up-to-date on the latest developments in the world of real estate. So don't miss out on this exciting and informative episode of the Real Estate Space with @nelsonepega.
In this exciting episode of the Real Estate podcast, we are joined by industry giants @nelsonepega, @GrantCardone, and @CindyStumpo_ for a fascinating discussion on Toronto real estate, macroeconomics, and the challenges of developing new properties in today's market. Our expert panel shares their unique insights and perspectives on a wide range of topics, from the impact of global economic trends on the industry to the latest innovations in property development technology. We also explore the challenges facing real estate professionals in Toronto and discuss potential solutions for addressing these issues. With so much valuable information and expertise on offer, this episode is a must-listen for anyone looking to stay ahead of the curve in the fast-paced world of real estate. So tune in and join the conversation with our knowledgeable guests in this insightful and informative episode of the Real Estate podcast.
write a podcast description for a real estate eposide discussing Toronto real estate, macroeconomics and the challenges of developing new properties with industry giants like @nelsonepega @GrantCardone @CindyStumpo
In episode #62 of the Real Estate Space, we have a special treat for our listeners as we sit down with industry leaders from @REM_online for a Realtor Roundtable. Join us as we discuss a wide range of topics related to the real estate profession, from the impact of technology on the industry to the challenges faced by agents in today's market. Our expert panel offers valuable insights and practical advice for realtors of all experience levels, making this episode a must-listen for anyone looking to succeed in the competitive world of real estate. So tune in and join the conversation with our knowledgeable guests in this insightful and informative episode of the Real Estate Space.
In episode #63 of the Real Estate Twitter Space, hosted by Daniel Foch, we tackle a critical issue that has long plagued the real estate industry - bank failures vs. the mortgage market. With the financial crisis of 2008 still fresh in our minds, we discuss how the mortgage market has been impacted by bank failures and the resulting economic downturn. We also explore how these events have shaped the industry and what changes need to be made to prevent future failures. Join us as we dive deep into this complex issue and hear from experts in the field on their perspectives and potential solutions. Don't miss out on this insightful conversation on the intersection of real estate and finance.
In this episode of #ToRE, we take a closer look at the real estate industry and explore some of the biggest challenges and issues that are currently facing it. From skyrocketing housing prices to unethical practices by agents and brokers, there's no denying that the industry is in need of some serious reform. Join us as we dive into these important topics and discuss potential solutions to help make real estate more accessible, affordable, and equitable for everyone.
One of the most eye-opening twitter spaces we've had. We talk about the magnitude of fraud we're seeing in Canadian real estate right now, and what we can do about it as real estate professionals.
The Toronto real estate market has seen its fair share of ups and downs, but what happens when pre-construction prices don't hold up? In this episode, Dan hosts a panel of industry insiders to discuss a recent article in The Star that highlights the frustrations of home buyers who purchased pre-construction homes at the market peak from Mattamy Homes, only to find out that the same models are now being sold for far less.
Join Dan and his guests as they explore the factors that may have contributed to this situation, such as changes in the real estate market and the availability of new housing developments. They also delve into the legal and financial implications for those who are affected by this change in pricing, and offer their own insights and perspectives based on their experiences and expertise in the industry.
Join Daniel Foch and his industry peers as they delve into the current state of construction in Toronto. In this thought-provoking podcast, they will discuss the challenges and opportunities facing the construction industry in the city, including the rising cost of building and its impact on projects. From developers to contractors, architects to engineers, these experts will share their insights and experiences on the front lines of the construction boom in Toronto. Listen in as they explore the factors driving up costs, including labor shortages, increased demand, and the challenges of navigating city regulations. Join the conversation and learn about the future of construction in Toronto, only on this must-listen podcast.
Join host Daniel as he delves into the latest real estate statistics from provinces and cities across Canada. From housing market trends to median home prices, Daniel will provide a comprehensive analysis of the Canadian real estate market. Whether you're a first-time homebuyer or a seasoned investor, this podcast has something for everyone. Tune in to stay informed and make informed decisions about buying or selling property in Canada.
In this episode of "Twitter #ToRE" host Daniel brings together a panel of top real estate experts to discuss the latest developments in the industry. From new regulations to government statements, they dive deep into the most pressing issues facing Canadian property owners today, including rising property taxes. With insights and perspectives from some of the best minds in the business, this is a must-listen for anyone looking to stay informed and ahead of the curve in the Canadian real estate market. Tune in to get the inside scoop on the latest trends, challenges, and opportunities in the industry.
"Join host Daniel and his panel of real estate experts as they discuss the latest developments in the Canadian housing market. From rising prices in the hottest markets to the state of the economy, this podcast has you covered on all things real estate. Whether you're a first-time homebuyer or a seasoned investor, this episode is a must-listen for anyone interested in the housing market in Canada.
In this episode, we explore the impact of rising interest rates on the housing market in Canada. We discuss how higher interest rates are driving down home prices and making it more difficult for families with large mortgages to afford their monthly payments. We also examine the potential consequences of this trend, including an increase in foreclosures and a decline in homeownership rates. We talk to experts about the reasons behind the rising interest rates and what can be done to mitigate the negative effects on homeowners. If you are a homeowner or are thinking about buying a home, this episode is a must-listen as we provide valuable insights and strategies for navigating the current housing market.
In this episode, we delve into the growing discontent among Canadian homeowners who are protesting the recent rise in interest rates and the corresponding decline in their wealth. We speak with homeowners who are feeling the pinch of rising mortgage payments and declining home values, and hear their stories of how these financial pressures are affecting their daily lives. We also talk to experts about the root causes of the rising interest rates and the impact on the overall housing market in Canada. Join us as we explore the complex issues at play and discuss potential solutions for homeowners looking to weather the storm of rising interest rates and declining wealth.
Ontario's Landlord and Tenant Board is facing a backlog of up to eight months, leaving landlords and tenants to seek alternatives.
Condos remain the last affordable option for many potential buyers and the most likely first step on the property ladder for many families. Here's a closer look at Canada's fastest growing product type.
Daniel wraps up an eventful month for Canadian real estate as sales plunge and listings expand but inventory remains stubbornly low.
The Bank of Canada has just delivered a 0.50% rate hike. That's lower than expected. Governor Tiff Macklem also said the central bank could be nearing the end of its current hiking cycle. What does this mean for buyers, sellers, landlords and lenders across Canada?
Toronto topped the UBS Global Real Estate Bubble Index this year. The last time this happened was in 2017, just before a crash. Is this time different?
Daniel and Co. discuss the steep rise in fixed rate mortgages, homeowners bracing for trigger rates and the CBC Marketplace documentary on mortgage fraud featuring Sanj Mand
Stocks, bonds, and real estate face similar declines in value this year. But which asset class is likely to deliver better returns over the long-term? Daniel Foch speaks with veteran investors, personal finance experts and experienced landlords to find out.
The rise of Airbnb has revolutionized the real estate market across the world. But does the short-term rental phenomenon drain the housing supply? Is it the perfect opportunity for investors looking to extract yield?
A 30-year bull market has convinced most Canadians that real estate is "better than gold." But what happens when the hype turns toxic? Do financial advisors and relators have a fiduciary obligation to their clients? On this call, Daniel Foch is joined by outspoken critics of the great Canadian housing obsession.
Nick Hill takes over for Daniel Foch as realtors and real estate veterans from coast to coast to coast share developing trends in their respective markets.
The Bank of Canada delivered yet another "supersized" rate hike last week. The overnight rate is now 75 basis points higher at 3¼%. Daniel joins industry experts and business journalists to discuss the impact of this tightening cycle on Canadian real estate.
Bank of Canada Decision + Macro // #ToRE 🇨🇦 Real Estate #28
Hosted by Daniel Foch. Featuring Scott Terrio from Hoyes Micalos Associates, Brendon Bernard from Indeed.ca and many more.
Link to original twitter space: https://twitter.com/search?q=tore%2028%20recording&src=typed_query
Mortgage Roundtable // #ToRE Toronto Real Estate #21. This conversation features insight from Miki Furman, Ron Butler, Daniel Vyner, and many more.
This episode features an exhaustive look at what it takes to become a realtor, with insight from some of the top names in the business, including John Pasalis, Nasma Ali, Jordon Scrinko, Peter Kiriazopoulos, Steevie Soucie, Daniel Foch, and many more.
Death, Divorce & Debt (The 3 D's of real estate) // #ToRE #16 Co-Hosted by @nasmadotali
On April 12th, The Bank of Canada increased interest rates by 50 basis points and officially announced their rate-hiking cycle - inconveniently commencing about a month after the first reported price declines in the Canadian real estate market. This Twitter space includes an in-depth discussion about the impact of these rate hikes, and the ground-level changes being observed and experienced by different professionals across the industry. Hosted by Daniel Foch, This conversation includes contribution from a number of reputable professionals in the Canadian market, including:
- Jennifer Keesmat
- Steve Saretsky
- Brendon Bernard
- Ben Rabidoux
- Nasma Ali
- Abe Evereniadis
- Murtaza Haider
- Bridget Casey
- Peter Kiriazopoulos
- Sanjeet Mand
- Vishesh Raisinghani
and more! (sorry if I forgot you, lol)
This is a recording from a live conversation on March 31. Our weekly twitter spaces include voices from a variety of real estate professionals. This week, we discussed the slowdown in Toronto real estate observed by several of the realtors who regularly contribute to the Twitter Space.
Barrie Councillor Sergio Morales on NIMBYism & the Ontario Affordable Housing Task Force Report
This episode features audio recording from a live conversation co-hosted by John Pasalis of Realosophy, and a handful of real estate supply proponents. The conversation exhaustively explores supply as a solution to Canada's housing crisis.
The original live conversation happened on Thursday, February 10th at 7:00pm.
Join us weekly on Twitter to participate in these conversations live!
Is Supply Really The Answer? - #ToRE Twitter Space #6 (Recording)
RE/Max Luxury Real Estate Market Report - RE/Max Canada President & VP
Read the report: https://blog.remax.ca/canadian-luxury-real-estate-sales-double-triple-in-some-markets/
This is a recording of a live event that took place on Twitter Spaces on Thursday, January 20th, 2021. Join us live for #ToRE (Toronto Real Estate) Twitter Spaces every Thursday night at 7pm ET.
In this recording, several top producing Toronto area realtors discuss the price disparity between pre-construction pricing and resale condominium values. This recording stars notable Toronto preconstruction expert Jordon Scrinko, founder of Precondo.ca. Further commentary is added by Peter Kiriazopoulos, Nasma Ali, and Tahir from Deer Point Macro.
Work-life balance is a thing of the past - work-life harmony comes from real estate sales & investment.
Rizwan Malik is a multi-award winning Top Producing real estate agent, and the youngest-ever Senior Vice President at Sotheby's International Realty. We were really impressed by Rizwan's market knowledge, insight, and qualitative analysis of the market. Rizwan has vast experience with luxury clientele, and shares his insight on how the luxury market has been responding to the global pandemic. We discuss life, market predictions, and whether or not luxury product can be seen as a "smart money" indicator for the broad market.
Rizwan Malik of Sothebys: Is luxury a "smart money" market leading indicator?
$150,000,000 AUM from bankruptcy - how Robby W. Clark scaled a Ontario Real Estate Empire
901: BIT & MORTAR - Canadian Real Estate meets Cryptocurrency & Blockchain
Introduction episode with Sina Ghashghaei
In this episode, we speak with Jesse Boborowski, Vice President at Calvert Home Mortgage Investment Corporation. You can learn more about Jesse & CHMIC at https://chmic.ca/
This episode is the debut of my new cohost Nick Hill from G&H Financial... Thinking about changing the name to Nick & Mortar... or Brick & Mortgage?
In this episode, Jeff Nader, Daniel Clark, & Daniel Foch review the election housing platforms for Canada's upcoming snap election in 2021.
Hi friends! I'm excited to announce this new series that I'll be focusing on for the forseeable future. If you want to follow along with the data and visuals we're reviewing - you can view the video companions to these episodes on The Habistat's YouTube Channel: https://www.youtube.com/channel/UC_3KDHhm6ErOMmSI1x8nzTw
Dan Kelly serves as President, Chief Executive Officer and Chair of the Board of Governors of the Canadian Federation of Independent Business (CFIB). In this capacity, Dan is the lead spokesperson and advocate for the views of the Federation's 95,000 small and medium-sized member businesses.
Dan joined CFIB in 1994 as Policy Analyst for the Prairies and, soon after, became Director of Provincial Affairs for Manitoba. Dan led many files, including the call for balanced budget laws and workers’ compensation reform. In 1999, Dan moved to Calgary to become CFIB’s Western Vice-President and was named one of Alberta’s 50 most influential people while in that role. In Western Canada, Dan led the Federation’s work on the growing shortage of labour, training and immigration, publishing many influential studies on these files. In 2009, Dan took on the role of Senior Vice-President, Legislative Affairs, where he led CFIB's successful campaign to establish a Code of Conduct for the credit and debit card industry. CFIB’s Board of Governors appointed Dan as President and CEO as of June 2012, and Chair in June 2014. In 2015, Dan was named one of the “Top 100 Most Powerful and Influential People in Government and Politics”, by Power & Influence magazine.
Dan has served on dozens of provincial and federal committees and task forces and has represented Canada’s small businesses at the International Labour Organisation in Geneva. He currently serves on Finance Canada Payments Consultative Committee (FINPAY) and the Canadian International Trade Tribunal Advisory Committee. Dan is a regular speaker in Canada and around the world on topics like international trade, the payments industry, and skills and labour shortages.
Prior to joining CFIB, Dan served as a policy advisor to the Premier of Manitoba. In this capacity, Dan gained a great deal of knowledge on the legislative and political functions of government - specializing in rural development, transportation and economic matters.
Dan was born and raised in Winnipeg and graduated with a Bachelor of Commerce from the University of Manitoba. Immediately following university, Dan spent a year living and teaching in northern Japan.
This episode is a conversation I had with Jessica of Bloc & Mane (https://www.blocandmane.com/) during the first week of Ontario’s April lockdown. We talk a lot about how small service businesses have been impacted by covid and how they’ve innovated into things like e-commerce and DIY as a means of keeping the brand connected during a time when face to face business is impossible. We talk about the different challenges businesses faced, as well as how federal and provincial support mechanisms did or didn’t work for certain businesses – especially startups. Overall, I was wholeheartedly impressed by this business story of resiliency and innovation, and I hope it brings as much perspective to you as it did to me.
Please recommend businesses & entrepreneurs you’d like to hear from here: www.dfoch.ca
Housekeeping:
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Thank you for your patience in dealing with the delayed start of this season… I was in the process of onboarding a sponsor. This is a series I’ve been wanting to do for a while but couldn’t quite muster up the resources to contact and schedule with local businesses at scale… About 3 weeks ago I reposted a hilarious Austin Powers meme video and it was shared by tens of thousands of local businesspeople, and it felt like something between serendipity and fate that presented me with the opportunity to connect with these guests.
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This Season of the podcast is sponsored by PopPup.shop. Their logo is literally a puppy holding a balloon, which is adorable. PopPup is a business that describes themselves as “short-term retail” which is basically a marriage between Airbnb and commercial leasing. Their goal is to play a role in the renewal of Ontario commercial real estate in a post-pandemic economy by removing the barrier to entry for businesses and simultaneously helping landlords to mitigate the impact of vacancies. I’ve been invited to beta-test their platform prior to its launch after Ontario lockdowns. PopPup has also invited any of my guests and listeners to join in their beta phase – you can learn more at their website poppup.shop which will be linked in the show notes on the Podcast & YouTube.
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If you know anyone who runs a local business that’s been impacted by covid in any way, positively or negatively, I’d love to hear from you. I am virtually unlimited in number of conversations I’m willing to have about this topic, and I’d like to explore the topic exhaustively before I move on. So… if there’s any entrepreneurial guests you’d like to hear on the podcast – please reach out to me and make an introduction or a request, and I’ll do my best to feature them on the localling season.
In this episode, Amanda and I discuss risk mitigation strategies for first-time homebuyers and real estate investors, arriving at a few different strategies that one can take to ensure safety during the self-proclaimed Canadian real estate bubble.
This is a conversation I had with Daniel from FORMAFIST: https://www.youtube.com/channel/UCuR89X5z_mmglTJZudW3tzA
This conversation was part of a dialogue that will become part of Daniel's "Real Estate Only Goes Up" documentary, which analyzes the bubblesque state of the Canadian real estate & housing market with boldness and transparency.
I'd encourage you to check out FORMAFIST on youtube (link above) and follow along the documentary production!
In this episode, we talk about the idea of a real estate bubble, and how you can buy safely within one. We analyze two deals side by side to get a granular understanding of how you can invest to mitigate market risk.
505: FIRST-TIME MORTGAGES, SELF-EMPLOYED & INCOME PROPERTY
Quebec City:
- 350k triplex - https://www.realtor.ca/real-estate/22867220/475-486-rue-de-la-reine-qu%C3%A9bec-la-cit%C3%A9-limoilou-saint-roch
- 299k duplex - https://www.realtor.ca/real-estate/22861990/595-597-rue-george-muir-qu%C3%A9bec-charlesbourg-notre-dame-des-laurentides
- 255k duplex -
Moncton:
- Mixed Use 250k https://www.realtor.ca/real-estate/22842191/44-46-mill-rd-moncton
- Duplex 230k: https://www.realtor.ca/real-estate/22843235/55-57-north-st-moncton
In this episode, Amanda and I explore a really great and thorough list of questions that we received from listeners on social media. We spend some time brainstorming about how we can better serve our audience and deliver Canadian real estate investment content to young people who are currently facing an extremely competitive market. We try to cover these topics as quickly and succinctly as possible, with the objective of having little snippets for video content on Instagram Reels (and maybe TikTok!). We hope you enjoy this episode!
YOU CAN REACH JORDON AT: INSTAGRAM: https://www.instagram.com/jordonscrinko/ YOUTUBE: https://www.youtube.com/channel/UCZKyz12DytiI-Smj2ZYWdgg
In this episode, I discuss the impact of urban exodus trends on the Barrie & Collingwood markets with Kyle McVittie of Engel & Volkers Barrie.
I spoke with Tyson Hinschberger of Planet Realty in Guelph, ON. Tyson is a specialist in preconstruction and resale in some prominent southwestern ontario markets: Guelph, Kitchener-Waterloo, and Cambridge. We discuss buyer and seller trends, consumer psychology, the nature of changing consumer sentiment around urbanization, and how we think things will play out for the market.
INNOVATION AND ABSORPTION + THE URBAN ECONOMY W/ DR. PAUL ANGLIN OF LANG SCHOOL OF BUSINESS
RESILIENCE IN REAL ESTATE - THE COMMON THREAD BETWEEN COVID & SUSTAINABILITY - DR. AVIS DEVINE OF SCHULICH SCHOOL OF BUSINESS
Young entrepreneurs & real estate investment, urbanization, digitization, and working from home - Jay Vasantharajah / @jayvasdigital
You can reach Frances on twitter at https://twitter.com/francesdonald
Diversifying the Canadian Economy - Frances Donald, Chief Economist of Manulife Investment Management
You can reach Jake at www.mortgagejake.com & on twitter @mortgagejake
CMHC changes unmatched by Genworth - mortgages & insurance with Jake Abramowicz of mortgagejake.com
How to buy well in a tough market - Cameron Woolfrey of Storey Team at Royal LePage Signature
Farrah Khimji's passion and purpose is to be an ambassador in the commercial real estate industry – one that advocates for progress, champions change and challenges the status quo. Covid-19 has accelerated real estate technology adoption.
Loyalty & relationships drive sales stability during covid-19 - Anson Kwok of Pinnacle International
You can connect with Ryan here: https://www.linkedin.com/in/ryan-malenfant/
Asset-class resilience depends on policy support - Ryan Malenfant of Two Sevens Capital
Monika and I talk about the workplace, urban planning, and challenges around the idea of central business districts and financial core, retail, and other asset classes. Monika provides some really good insight into how data and technology both play an important role in overcoming these challenges.
Data & technology help real esate overcome covid-19 challenges - Monika Rau of Ratio.City
Unlikely development efficiencies discovered as a result of covid-19 - Brett Llewellyn-Thomas of Nova Ridge
You can reach Mike Carew here: https://www.collierscanada.com/en-CA/Experts/michael-carew
Michael is a member of the Colliers Ownership Advisory Toronto (COAT) team that specializes in mid-rise boutique and office conversion assets. COAT combines asset specialization knowledge, a wide national and local network, creativity and innovation to give its clients the full umbrella of services (with an emphasis on strategy, and marketing and branding the assets from various tech platforms), while providing guidance throughout the process. By incorporating the latest trends and technologies into commercial real estate, COAT reinvents tomorrow’s benchmarks.
Foreign capital flow impacts investment sales volume - Michael Carew of Colliers (CV #25)
Dani Gabriele of Marz Homes: https://marzhomes.com/
We talk about how Marz is adapting to changing in the real estate development process resulting from covid-19. Dani discusses how they've changed sales offices to accommodate social distancing policy, and how they're using VR and other tools to keep sales active. Although construction productivity has declined slightly, elongating the process could actually provide a hedge against price correction risk as values recover. Following this interview, Dani mentioned that their sales volume increased since last week, substantiating the optimism we have both seen in the market.
For my first UofG Alumni week interview - Carmen Siegel provided us with some really in-depth analysis into how covid-19 has impacted urban retail real estate in Toronto.
You can reach Ben at: https://www.bullpenconsulting.ca/
In this episode, I speak with Ben Myers of Bullpen Consulting about the macroenvironment and the nuances of the new home sales market. We discuss how developers may or may not be impacted, different hedging strategies we've seen, and where vulnerability lies in the micro and macro for the housing market as a whole.
More info on Recipe's Onetable initiative: https://onetable.ca/ Reach out to Kevin: https://www.linkedin.com/in/kevin-winters-12942a82/?originalSubdomain=ca Tough times & tougher people - Kevin Winters on the restaurant industry during covid-19 [Covid-eo Chats #21]
20 Covid-eo chats: Rob Ierfino on valuation trailing exogenous impact - macro risk & consumer psychology
19 Covid-eo chats: Ryan Bobyk of CBRE on the 2 relationships mixed-use owners need to focus on
You can reach Steve at https://stevesaretsky.com/
Steve is most active on twitter: https://twitter.com/stevesaretsky
Steve & I compare and contrast the different macro & micro factors at play that create vulnerability and risk for Vancouver and Toronto's housing markets. We touch on condos, pre-construction, luxury product, and how consumer speculation could have created risk for developers. Does Vancouver's recent return to planet earth give them a bit of a hedge against covid-19? While Toronto is still seeing multiple offers, only time will tell.
Steve Saretsky is a Vancouver Realtor and author behind one of Vancouver's most popular Real Estate Blogs. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and a contributor to BC Business Magazine.
I really enjoyed this chat with Aaron Charles of Golden Triangle Developments. Aaron is a seasoned broker and investor who has made some exceptional plays over a decade in the business. Aaron discusses what he's done to mitigate risk and control damage during Covid-19, in order to be positioned well to find opportunity. Aaron's creative approach to infill development is one that has value and risk protection, even during an unprecedented economic downturn.
Connect with Aaron on Linkedin: https://www.linkedin.com/in/aaron-charles-b2483a76/
Daniel Foch: https://fochfamily.com/daniel-foch
16 Covid-eo Chats: Stanislav Kojokin on Commercial Insurance
Linkedin: https://www.linkedin.com/in/stanislavkojokin/
Kase Insurance: https://kaseinsurance.com/
In this episode, Dmitry and I discuss how Canadian banks are responding to the covid crisis and helping to mitigate risk of a recession. We discuss what a power-of-sale scenario would look like, and why lenders aren't necessarily lining up to go that route yet.
In this episode, Dustin and I discuss how the real estate lending market has adapted to the market changes as a result of covid-19. Dustin Greiver is a capital stack advisor with Avina Capital. Dustin has been involved in real estate from an early age, and is well-qualified academically for the rigorous analysis that has earned him a great reputation as a young leader in the space.
13 Covid-eo chats: Jarrod Bogler on commercial tenant perspective & leveraging 2008 crisis experience
Stephanie Hughes is a Toronto-based research writer and freelance journalist with a focus on business news and the financial markets. https://stephaniehughesjournalism.com/ In this episode, Stephanie Hughes and I recap on an episode we recorded that was scheduled for release in March, but feared it would be lost in the Covid-19 media attention. So, we expanded on the original conclusions, created this follow-up episode, and decided to release both pieces of content. Original episode: https://anchor.fm/brickandmortar/episodes/006-Stephanie-Hughes-The-Retail-Post-Apocalypse---Fallout-Scenarios-ecbin6
Stephanie Hughes a Toronto-based research writer and freelance journalist with a focus on business news and the financial markets. You can find her online at https://stephaniehughesjournalism.com/ (all social media links are available there).
Stephanie & I recorded this episode earlier in the year prior to the year with the intention of releasing it in late February/March, but I feared that it would get lost in the media attention that covid-19 was getting.
As a result, we released a sister-episode of the new coronavirus themed series "Covid-eo Chats", which will be posted shortly. The two episodes really give a great context on the state of retail prior to coronavirus and the risks and potential scenarios that could arise as a result of it.
Mickey is a real estate agent in the GGHA market, with a keen eye for market trends, and a strong background in sales training. Mickey was raised in a real estate household just as I was, so we talk a lot about that, and how we're dealing with the changing marketplace from a sales perspective - keeping transactions going and the pipeline full without getting too
Mikhail (Mickey) Malik on Linkedin: https://www.linkedin.com/in/mikhail-malik-50bb0b47/
Rahul Faria is an absolute all-star in the construction space. When he interacted with my content with Adam Darvay, I was excited to have a conversation with Rahul as soon as I saw his linkedin page. We speak about the 2-week pause his company is taking, the challenges facing the restaurant and hospitality space, and the instant necessity that's arrived for collaboration among professionals to weather the storm of covid-19.
His experience speaks for itself, so I'm going to paraphrase the "3 C's" he posts on his linkedin page below:
Collaboration, Clarity & Craftsmanship. After 12 years of gaining considerable experience with large & small construction firms - I created a firm with the these 3 C's as the foundation.
While managing renovations and new builds with maintaining delivery timelines and budget area are significant, there really is no greater satisfaction of a successful project that the collaborative effort with all parties - clients, consultants, subcontractors and our team. With a focus on clarity we are able to give not just our clients, but our entire team of trades, the confidence to execute through every step of the project with a level of craftsmanship that has enables a lasting experience.
In this episode, I speak with Eamonn McGuinty, a colleague who I met at the University of Guelph. Eamonn is a regular contributor and go-to personality for agriculture-related inquiries in the world of media and finance.
With career travel plans were interrupted by Covid-19, Eamonn has become keenly aware of the role that the virus is playing in the global marketplace, and is uniquely qualified to discuss a number of items that we dive in to (timestamps will be added below)
"I have completed a diploma in Police Foundation (Seneca College) and a Bachelors degree of Disaster and Emergency Management [BDEM] (York University). During my studies I was a participant in Summer Company, a young entrepreneurial program in which I built my first successful company. The program and the company has taught me that growing organically means networking and more importantly sales. After creating a solid foundation in sales through my business I have decided to devote my career to sales and strategic partnerships. I believe I have the right attitude, personality and consistent performance to be an irreplaceable asset to any organization. I have become outstanding in sales, communication, organization and I have a tremendous ability to strategically place myself in a leadership role in all environments."
Reach Joey on Linkedin: https://www.linkedin.com/in/joey-garnet-33020562/?originalSubdomain=ca
In this chat, I speak with Jake Ringwald about the impact of Covid-19 on one of Canada's most treasured asset classes: multifamily housing. We discuss the abrupt pause to price growth that could occur, despite the stimulus and interest-rate cuts. We weigh in on the spectrum of variables that impact the valuation of real estate, comparing multifamily with other asset vulnerabilities that have appeared as a result of coronavirus.
Jake Ringwald is an experienced associate with demonstrated history in the commercial real estate industry. Previously working at JLL, Cushman & Wakefield, and RKF, Jake brings industry leading experience to the team. Jake takes pride in providing clients with market and industry insights to expedite the commercial real estate transaction process.
- 8:15 - potential for declining rents
- 10:00 - new household formation
- 13:50 - building stronger relationships through client comfort
- 18:00 - sunk-cost bias risk on rent deferral
- 25:00 - ghost hotels as a supply-shock threat
Reach Jake on linkedin https://www.linkedin.com/in/jake-ringwald-38809096/
Adam Darvay-Canavor is a recruiter in the construction space, with a sense of compassion that extends to the human capital he works with. Adam's past as an entrepreneur in building materials has given him the creativity and tenacity to overcome the challenges that Covid-19 has brought to the hospitality and construction industries. Adam speaks about how organizations and individuals can overcome the difficult imbalance that coronavirus has brought to the real estate, construction, and hospitality industry. I hope you enjoy this episode as much as we enjoyed making it.
"We need to learn how to trust our own instincts, and start doing what we know works best for us"
Bahador Khani is a friend I met on a committee at Urban Land Institute many years ago. He's been a successful entrepreneur and real estate investor, and is now spending his time helping people maximize their potential through his new venture - Power Hour Talks. (powerhourtalks.com) You can find Bahador on all social media @powerhourtalks.
Sim Manocha is Managing Partner at Avina Capital (avinacapital.ca) - a leading financier in commercial real estate & private placement. Sim has been involved with the financing of close to $1BN of real estate in his career, with some notable transactions in the hospitality space. As such, I felt he was uniquely qualified to speak about the impact of Covid-19 on the hospitality space, specifically pertaining to real estate finance. We specifically discuss how hospitality owners and developers have been impacted, as well as strategies to mitigate the spread of Covid-19's economic risk among other asset classes. We also touch on government policy and the impact it's had on mitigating the impact of coronavirus on the real estate economy and the housing supply-chain.
Mack and I met in University while doing our B.Comms together at Guelph. Mack now works in the commercial lending space, and is one of the most active responders to my content about real estate - so I've been meaning to speak with him for a while.
I'm always excited to hear what Mack has to say, so I wasn't really surprised by the impressive insight he provided about changes in the lending space. I hope you enjoy it and find it valuable as well.
Brett and I met at the beginning of his career through a mutual friend. It's been amazing to watch him grow from an ambitious new agent with a creative marketing approach. He is now a top-producing agent with a focus on driving-home value for his existing clients.
I hope you enjoy the podcast, which is a sort of refreshing casual banter in such a serious time. Brett and I talk about the moral and ethical implications of showing properties during Covid-19, something that Slavens & Associates has been celebrated for taking seriously. We also talk about our projections, representing our clients properly, and what else we're doing to keep busy and successful during this time.
Covid-eo Chats: a concept we're introducing a spatial-distancing friendly podcast for the duration of the Covid19 crisis.
Today I spoke with Jedd Smith, a colleague from Sudbury, Ontario. Jedd is an FEI level course designer, which makes him a really well connected person in the equine space.
Jedd provides a lot of insight on the equine world, capital flows within that type of clientele, as well as his first-hand knowledge of the Northern Ontario real estate markets, which have been heating up from spillover in capital flows in the GTA. We also spoke about what we're doing in the time of covid-19, and how things have changed within the real estate market for us as a result of coronavirus.
I had the pleasure of speaking with Tyler Blakeley who works in automated valuation modelling (AVM) for Brookfield RPS - Real Property Solutions. Tyler and I speak a lot about the role that data has in the analysis of real estate. We dive into machine learning and the interpretation of real estate as an information system, and the impact that different layers of technology will have on the future of real estate.
Danielle & I discuss critical thinking in design, weighing challenges between cost-driven vs quality-driven consumption.
Kyle and I explore the nuances of development planning and site plan approvals from the other side of the consultants’ table.
In this episode, I (Dan) interview a past deal partner who now studies actuarial science and spent time in the retail investment analytical space with Purpose Investments. We unpack the concept of the retail apocalypse and explore some of the many fates it could arrive at. This ends up being a pretty qualitative discussion in regards to the nature of artisanal retail and how malls converting to "lifestyle centres" could ultimately demand a more mindful consumer, where the online world is tailored to convenience and quantity, and the retail environment is tailored to experience and quality.
I hope you enjoy this episode, and I'd love it if you could leave me some feedback in the comments or on twitter @WTFoch.