Tuesday Jan 28, 2025

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

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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

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CONNECT WITH THE SHOW

Kelowna Real Estate Podcast: @kelownarealestate

Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast

Kelowna Real Estate Podcast Instagram: @kelownarealestatepodcast

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CONNECT WITH MATT

Matt Glen's Website: www.mattglen.ca

Matt Glen's Email: matt.glen@century21.ca

Matt Glen's Instagram: @mattglenrealestate

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CONNECT WITH TAYLOR

Taylor Atkinson's Website: www.venturemortgages.com

Taylor Atkinson's Email: taylor@venturemortgages.com

Taylor Atkinson's Instagram: @VentureMortgages

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