We’re very thrilled to have Steven Haylestrom, CEO at “The Modular Solution” on this week’s podcast. In this episode of “Efficiency in CRE”we dive into the world of modular housing with a focus on "Housing at High Speed” an innovative concept and company that aims to revolutionize the construction industry. We explore how the Canadian Standards Association (CSA) is collaborating with “Housing at High Speed” to create a fast-track permitting system specifically for modular and prefabricated buildings. This initiative aims to streamline the approval process, enabling municipalities to expedite permits for these types of constructions. We discuss how pre-approved or certified housing units can be built in large numbers, eliminating the need for repetitive certification processes and significantly reducing construction timelines. Drawing inspiration from Sweden's streamlined approach, where consumers can order custom designed homes online and receive them within three months, we envision a future where housing can be delivered efficiently and affordably. Our conversation also tackles the industry's resistance to modular housing, addressing common misconceptions that equate modular homes with trailer parks. We highlight how modular housing can offer diverse and aesthetically pleasing designs, providing energy efficient and sustainable living options. Additionally, we examine CMHC's recent pilot project for insured financing of modular housing, aimed at understanding the financial landscape for such projects. Join us as we explore why traditional construction practices persist, despite the clear advantages of modular housing, and how "Housing at High Speed" seeks to change the narrative and accelerate the adoption of modern construction methods.

We are very thrilled to have Seth Samowitz, COO at BKREA (Bob Knakal Real Estate Adivisors) as our special guest on this week’s podcast. Bob Knakal refers to Seth as the AI Guru and rightfully so. In this episode of "Efficiency in CRE," we explore the transformative potential of AI in real estate brokerages. Despite the industry's traditionally slow adoption of technology, AI is poised to revolutionize how brokerages operate. We also discuss the reasons behind real estate's slow technology adoption. Furthermore, we examine the challenges of scaling AI in commercial real estate. Join us as we unpack how AI is set to disrupt the real estate industry.

We’re very thrilled to have Peter Berczi, CEO of MarshallZehr, as our special guest for this week’s podcast. In this episode of Efficiency in CRE, we dive deep into construction financing. We discuss a groundbreaking $230 million condo project funded by MarshallZehr. And we talk about tools and strategies available to assist builders who might be struggling in today's challenging market. We touch on the recent drop in land values and decreased construction costs. Our discussion also covers the crucial question of when we can expect capital to start flowing from investors again. Finally, we discuss whether mass timber is just a passing fad or a lasting trend in sustainable building. Join us for an informative and engaging episode that addresses the critical topic of construction financing. Click the link to listen to our conversation!

I’m very thrilled to have Nigel Furgus, President and CEO at Paragon Living as our special guest on this week’s podcast. In this episode, we discuss the significant development of $600 million worth of multifamily housing by Paragon. We examine how these projects aim to address both the housing supply and affordability challenges, and what impact they might have on the market. We also explore Logix ICF (Insulated Concrete Forms), a modern building method that offers great energy efficiency, strong and durable structures, and sustainable construction options for homes. We also talk about the housing crisis and the affordability crisis and how they are related but not the same. We further discuss why more housing doesn’t always mean lower prices, looking at the factors that make this relationship complicated. Nigel also shares insights from the CMHC (Canada Mortgage and Housing Corporation) conference, including new policies, market trends, and new technologies in real estate. Join us for a clear and simple discussion on these important topics that affect everyone. Click the link to listen to full conversation!

I’m very thrilled to have Nhung Nguyen, CEO at Horizon Legacy as our special guest on this week’s podcast. Ever wondered how robots could reshape the construction industry? Join us on this episode as we discuss the fascinating world of robots and how they're helping to solve the labor shortage crisis in construction. We talk about the amazing benefits for architects, like how robotics can seamlessly connect with CAD drawings, bringing blueprints to life with incredible precision. And we highlight a real-life project in Gananoque, Thousand Islands, where robotics is being utilized in building 26 townhouses, showcasing the future of construction. And we touch on Horizon Legacy’s “Construction Automation Lab” which is one of the first of its kind in Canada. Click the link to listen to the conversation!

Last year, we had the pleasure of hosting Mark Kenney, CEO at CAPREIT, on the podcast. Mark’s insights are more relevant than ever. In our discussion, Mark emphasized the importance of viewing CAPREIT as “Housing Providers” rather than the traditional term "Landlord." This nuanced perspective highlights their commitment to addressing housing needs with empathy and responsibility.

Mark also delved into the concept of creating new city centres in Ontario in undeveloped areas with affordable land as a strategic response to the housing crisis. He explored the potential of municipal utility districts as a way to provide essential services in these new developments.

Furthermore, we touched on the cultural shift needed in how young people view careers in the trades. Mark highlighted the opportunities within the trades and how they can lead to successful business ownership.

Don’t miss out on this insightful conversation. Click the link to listen to our conversation!

I'm very thrilled to have Krystal Valencia, Founder at Rental Rescue, as our special guest on this week's podcast episode. Here are some of the key items we addressed:

What is Rental Rescue?

How would you deal with "Professional Tenants" that game the system?

What are some “predatory practices” by some housing providers?

What does it mean for housing to be a right?

Recognizing housing as a right means ensuring everyone has access to safe, affordable housing, backed by legal protections and government support, which promotes human dignity and social equity. Click the link below to listen to our conversation!

I am very excited for this week's podcast with Carl Gomez, Chief Economist and Head of Market Analytics at Costar Canada. What are the real underlying factors impacting the current inflation rate? In this week's podcast, Carl mentions that a big chunk of the higher inflation is being caused by big increases in mortgage interest costs. Should the Bank of Canada fight inflation by raising interest rates which leads to increased mortgage costs? Carl further states that it will be important to keep an eye on mortgage interest costs as a source inflation. Click the podcast link to listen to our full conversation!