Kelowna Real Estate Podcast

99: What the Next Year Holds for Kelowna Real Estate & Infrastructure with City of Kelowna's Ryan Smith

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EPISODE DESCRIPTION
Episode 99: Matt and Taylor are joined by Ryan Smith. Ryan is the Divisional Director of Planning and Development Services for the City of Kelowna from Kelowna, BC, one of the busiest planning and development teams in Canada. Ryan has worked for the city of Kelowna for more than 20 years, and won numerous awards for leadership, volunteerism, and his commitment to helping others.
 
Ryan's 1st Appearance in Episode 39: https://KelownaRealEstate.podbean.com/e/39-ryan-smith/
 
Ryan is here to discuss:→ Updates to the STR, short-term rental, regulations, the future of short-term rentals in Kelowna, and the potential impact of new federal government housing policies on the city.→ Understanding DCC fees, where they go, and if they will change, building applications not keeping up for housing demand in Kelowna, the difficulty of getting projects to pencil and constant building code changes creating development roadblocks.→ The arrival of infill housing in the Kelowna suburbs, Kelowna's power-grid infrastructure problem, and the realities of running a website chatbot.
 
City of Kelowna Website: www.kelowna.ca
Ryan Smith's LinkedIn: @RyanSmith
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

98: Adapting to Market Challenges & Diversifying for Success with H&H Custom Homes' Jeff Houghton

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***
EPISODE DESCRIPTION
Episode 98: Matt and Taylor are joined by Jeff Houghton. Jeff is the Co-Founder of H&H Custom Homes & Okanagan Infill, from Kelowna, BC. Jeff has his Bachelor of Commerce (Hons) and his Real Estate Trading Services License, so he is well-versed in all things business and real estate related. Since 2008, the award-winning H&H Custom Homes has designed and built over 100 luxury homes throughout the Okanagan Valley. In 2019, they decided to expanded into the multifamily division, and Okanagan Infill was born under the H&H banner. Jeff's goal is to grow even more throughout the Okanagan by continuing to provide high quality homes and top-notch service.
 
Jeff is here to discuss:→ The importance of his accounting background in his businesses and the evolution of his role, the types of projects taken on by H&H Homes & Okanagan Infill, and finding success by diversifying projects and market adaptability.→ The realities of building at Big White, the cost & timeline when subdividing property, and how tariffs are impacting the housing development & homeowners.→ The biggest mistake when building, where to put smart money in real estate right now, and embracing failure for success.
 
H&H Custom Homes Website: www.handhhomes.ca
H&H Custom Homes Instagram: @handhcustomhomes
Okanagan Infill Website: www.okanaganinfill.ca
Okanagan Infill Instagram: @okanaganinfill 
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

97: Breaking Down the 2024 Goodman Report and What It Means for 2025 with Goodman Commercial's Mark Goodman

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***
EPISODE DESCRIPTION
Episode 97: Matt and Taylor are joined by Mark Goodman. Mark is the Principal Broker at Goodman Commercial Inc. from Vancouver, BC, who also hosts the "Goodman Report Podcast", and is one of the most influential real estate leaders in the province. With over $4 billion in sales of apartment buildings, investment properties, and development sites across more than 600 transactions, Mark has built a distinguished career and is one of Canada’s leading commercial real estate brokers.
 
Goodman Commercial Inc. was started by David Goodman, Mark's father, who sold his first property in 1972. For over 50 years, the powerhouse Goodman name has been synonymous with expertise on multi-family apartment sales and development sites, and today is one of Metro Vancouver’s top commercial real-estate firms. With over $7 billion in team sales volume and over 2000 transactions, Mark's forward-thinking strategies have kept his firm ahead of the industry curve, continually leveraging new methods and technologies to broaden reach while maintaining a personal touch.
 
In addition to his brokerage expertise, Mark also co-authors and publishes The Goodman Report, Metro Vancouver's number 1 multi-family investment resource. Across Canada, thousands of owners, investors, real-estate analysts, and media sources rely on the Goodman Report for insights and market data on the rental apartment building and development site scene. This publication has helped cement Mark's reputation as an authority on apartment building sales in British Columbia and throughout Canada.
 
Mark is here to discuss:→ The start & evolution of the Goodman Report, breaking down the 2024 Goodman Report, and the impact of capital gains and affordable housing on the year.→ Trends for 2025 including the mindset on the market, cap rates and prices per unit, and how the provincial initiative "rental protection fund" will negatively affect the market.→ The potential introduction of a Canadian 1031 exchange capital gains-deferral program, why we're in a perfect storm for huge multi-family losses, and why expense ratios are a flawed system.
 
Goodman Report Website: www.goodmanreport.com
Goodman Report Instagram: @goodmanreport
Goodman Report YouTube: @goodmanreport
"Goodman Report Podcast": @GoodmanReport
Goodman Commercial LinkedIn: @GoodmanCommercialInc.
Mark Goodman's LinkedIn: @MarkGoodman
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

96: 15 Things to Know When Building or Renovating a Home with Froese & Co.'s Troy Froese

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***
EPISODE DESCRIPTION
Episode 96: Matt and Taylor are joined by Troy Froese. Troy is the Co-Owner of Froese & Co. Building and Design Inc. from Kelowna, BC, a full-service residential construction company operating throughout the Okanagan. With extensive experience delivering high-end custom homes and complex renovations, Troy brings a collaborative, detail-driven approach to every project. Known for their commitment to craftsmanship and strong client relationships, Froese & Co. manages their projects from concept to completion—offering a seamless, transparent, and quality-focused construction experience.
 
Troy is here to discuss:→ The best things to do when building or renovating a home, the benefits of a cost-plus pricing model, and having the right team in place.→ The worst things to do when building or renovating a home, underestimating costs or timelines, and not planning for future maintenance or upgrades.→ Investing in quality, and the possible ramifications of tariffs on building materials.
 
Froese & Co. Website: www.froeseandco.com
Froese & Co. Instagram: @froeseandco
Troy Froese's Email: troy@froeseandco.com
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

95: Commercial Real Estate Opportunities in the Okanagan with Venture Commercial's Chris & Jason Wills

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***
EPISODE DESCRIPTION
Episode 95: Matt and Taylor are joined by twin brothers Chris & Jason Wills, both from Kelowna, BC. Following in their dad's footsteps of commercial real estate, Chris, the Managing Partner of Sales & Leasing, and Jason, a Partner of Sales & Leasing, founded Venture Commercial in 2020, which is now one of the largest commercial real estate brokerages in the Okanagan.
 
Having extensive knowledge of the local retail, office, and investment market, Chris has successfully completed hundreds of real estate transactions, including Centre 97, and expanding both Chopped Leaf and Wok Box locations throughout North America. One of the most prominent industrial brokers in the market, Jason has been involved in thousands of transactions amounting to over two million square feet of commercial real estate sold, acquired, or leased.
 
Chris & Jason are here to discuss:→ Founding Venture Commercial and their business model, what it takes to work in commercial real estate, and the benefits of commercial vs residential leasing.→ Different commercial client types, how to get into commercial investing, and how you can invest in your tenants businesses.→ Finding opportunities in client's existing leases, the evolution of office & retail spaces, and where there are potential opportunities and pitfalls in the Okanagan for commercial real estate right now.
 
Venture Commercial Website: www.venturecommercial.ca
Venture Commercial LinkedIn: @VentureCommercial
Venture Commercial Instagram: @venture.commercial
Chris Wills' LinkedIn: @ChrisWills
Chris Wills' Instagram: @chris_wills_kelowna
Jason Wills' LinkedIn: @JasonWills
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

94: How CMHC Programs Shape Canadian Real Estate with Peakhill Capital's Spencer Harris

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***
EPISODE DESCRIPTION
Episode 94: Matt and Taylor are joined by Spencer Harris. Spencer is the Vice President, Financing at Peakhill Capital from Kelowna, BC, and is responsible for loan origination across Western Canadian markets. Peakhill Capital is a commercial real estate asset manager providing competitive and flexible financing structures to developers, investors, and REITs. A CMHC-approved lender, Peakhill is also a direct lender on behalf of its own balance sheet and investment funds, and has funded more than 2,000 transactions totalling in excess of $12 billion since it's inception in 2019. Spencer specializes in both conventional and CMHC-insured loans including bridge, acquisition, refinance, and construction.
 
Spencer is here to discuss:→ What Peakhill Capital is, what sets Peakhill apart, where Peakhill gets it's capital, and where Peakhill has been funding in Canada the most.→ What the CMHC is and who it benefits, recent CMHC policy changes, and how to qualify for CMHC financing.→ What the MLI Select product is, how it can be accessed by developers, and it's focus on affordability, accessibility, & energy efficiency.
 
Peakhill Capital Website: www.peakhillcapital.com
Peakhill Capital Instagram: @peakhillcapital
Peakhill Capital LinkedIn: @PeakhillCapital
Spencer Harris' Email: spencerharris@peakhillcapital.com
Spencer Harris' LinkedIn: @SpencerHarris
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

93: What the U.S. Tariff Chaos Means for Canadians with BCREA Chief Economist Brendon Ogmundson

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***
EPISODE DESCRIPTION
Episode 93: Matt and Taylor are joined by Brendon Ogmundson. Brendon is the Chief Economist at BCREA (BC Real Estate Association) from Vancouver, BC, who's specializes in housing market analysis and macroeconomic forecasting, and is a member of the BC Ministry of Finance’s Economic Forecast Council. Brendon was also recently named one of the most influential economists in BC by Business in Vancouver.
 
Brendon's 1st Appearance in Episode 35: https://KelownaRealEstate.podbean.com/e/35-brendon-ogmundson/
Brendon's 2nd Appearance in Episode 61: https://KelownaRealEstate.podbean.com/e/61-brendon-ogmundson/
 
Brendon is here to discuss:→ How tariffs work, the reasoning behind the US/Canada tariffs, and other ways Canada can target the US.→ How these tariffs can impact the Canadian economy, inflation and GDP expectations, and where interest rates will go.→ Who will be most affected in BC, what this means for real estate, and the Canadian dollar.
 
BCREA Website: www.bcrea.bc.ca
Brendon Ogmundson's LinkedIn: @BrandonOgmundson
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

92: The Secret to Making Yourself More Resilient with Gratus Health's Mike Shaw

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***
EPISODE DESCRIPTION
Episode 92: Matt and Taylor are joined by Mike Shaw. Mike is a former professional freestyle skier and Canadian Olympic development coach from Lake Country, BC, who suffered a life-changing spinal cord injury in 2013, leaving him with incomplete paralysis. Against all odds and fuelled by relentless determination and a mindset rooted in gratitude, Mike walked out of the hospital just months later, and in 2020, he published his amazing journey in his memoir, Never Part of the Plan.
 
In the years following his accident, Mike has shared his experience with thousands as a professional speaker and consultant. He works with organizations, companies, and teams, and his goal is straightforward: to better prepare you to manage change, overcome adversity, and choose a mindset that will help you reach your full potential.
 
Today, Mike is focused on being the Founder and a Clinical Counsellor at Gratus Health, an online counselling service based in BC. His physical, mental, and emotional recovery provides a unique perspective he now shares to help others navigate their own peaks and valleys and thrive in the face of adversity.
 
Mike is here to discuss:→ How his life-changing accident and recovery altered his mindset, using his journey to inspire others, and how he wants to help others moving forward.→ Gratitudes powerful impact on healing, how you can practice it, and building a foundation of resilience.→ Positive vs negative thoughts, caught vs taught habits, and playing the comparison game.
 
Gratus Health Website: www.gratushealth.com
Mike Shaw's Website: www.mikeshawski.com
Mike Shaw's Instagram: @mikeshawski
Mike Shaw's LinkedIn: @MikeShaw
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

91: How the Purpose-Built Rental Market is Impacting Kelowna with Tradecraft Consulting's Jeff Hancock

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***
EPISODE DESCRIPTION
Episode 88: Matt and Taylor are joined by Jeff Hancock. Jeff is the Owner of Tradecraft Consulting, and also an Investment & Development Property Specialist (Broker) at William Wright Commercial from Kelowna, BC. Jeff has over 20 years of success in professional real estate, with a strong focus on development consulting and feasibility. He is the former Real Estate Services Manager at the City of Kelowna, where he was responsible for the acquisition and disposition of all City owned property and actively managed a team of real estate professionals overseeing a land portfolio worth $1.2 billion dollars.
 
Jeff is here to discuss:→ Kelowna's purpose-built rental (PBR) supply summary, it's affect on the pre-sale/STRATA markets, vacancy rates, and what this means for rents.→ The mindset of developers right now, the challenges they face with development cost and product choices, and the DCC fee increase in Kelowna.→ What Jeff would invest in, the overall resilience and opportunity of Kelowna real estate, and the incoming influx of savvy investors.
 
Tradecraft Consulting Website: www.tradecraftconsulting.ca
Jeff Hancock's Email: jeff@tradecraftconsulting.ca
Jeff Hancock's LinkedIn: @JeffHancock
William Wright Commercial Website: www.williamwright.ca
William Wright Commercial Instagram: @williamwrightrealestate
William Wright Commercial LinkedIn: @WilliamWrightCommercial
William Wright Commercial YouTube: @williamwrightcommercial
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***

90: Kelowna's "Fast-Track" Infill Program with City of Kelowna's Graham Allison & SNDBOX's Aaron Whalen

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***
EPISODE DESCRIPTION
Episode 88: Matt and Taylor are joined by Graham Allison & Aaron Whalen for a 2-part episode on Kelowna's "Fast-Track" program for infill housing. Graham is a Planner II with the City of Kelowna, with a focus on infill and housing policy, who is passionate about creating vibrant, sustainable communities. Aaron, the Co-Founder of SNDBOX that specializes in missing middle housing, is one of the winners of the City of Kelowna Infill Design Challenge 2.0, and his design has been developed and approved for the Fast-Track program.
 
Graham & Aaron are here to discuss:→ Details of Kelowna's Fast-Track program, how it saves time and money, and the cost to build Aaron's design.→ Kelowna zoning changes, which lots qualify, and if there is variance or exceptions allowed.→ The opportunities available now and in the near future for the Fast-Track program with changing regulations, and the future development of the Fast-Track program and designs.
 
City of Kelowna Infill Website: www.kelowna.ca/infill
Graham Allison's Email: GAllison@kelowna.ca
SNDBOX Website: www.sndbox.ca
Aaron Whalen's Email: aaron@sndbox.ca
***
 
OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
***
 
CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: @kelownarealestate
Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast
***
CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
***
 
CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
***