BLOG
How will my children afford a house in today’s market?
It’s no surprise housing affordability is a major concern for young Canadians. Due to rising house prices, high interest rates and stagnant wage growth, many young adults perceive home ownership as an unattainable goal. Many are resigned to being perpetual renters and...
Alberta’s emergence as Canada’s premier apartment market
The current economic landscape has once again revealed that apartments are a resilient and attractive asset class, weathering economic storms and political interference. In the Canadian market, Alberta shines as a prime growth opportunity, representing a beacon of...
Apartment buildings and the value of community
Everyone can agree that establishing a feeling of community in your building is a worthwhile goal, but creating those bonds of friendship between neighbours can be challenging, not to mention a burden on regular property management responsibilities. Apartment Life...
Vertical villages can help solve affordable housing crisis
With my work in the apartment industry and more recently my book The Self Funding House, I’ve developed a real passion for solving the affordable housing crisis. I’ve come to recognize this is a huge multi-faceted problem with no single solution. We must address, and...
The rise of the permanent renter
More and more today, we are seeing people being blocked out of the housing market by increasing home prices. Although two-thirds of Canadian households owned their home in 2021, the percentage of renters has increased at three times the rate of homeowners over the...
An invitation: Make a 2023 longevity resolution
During the past four months, myself and about 20 others in the real estate industry have gotten together for an hour one Sunday morning each month to talk about our health and longevity. The New Year is upon us and there’s a good chance you’re about to make a New...
Projecting rents, cap rates and some advice from Conrad Black
A client recently retained us to help determine the feasibility of a project that won’t be ready for occupancy until 2027. While we have assisted hundreds of developers in determining the feasibility of future apartment buildings, these are typically one to three...
TCU Development founders graduate from hockey to housing
A story is often an indicator of the foundation of the principles that a company is founded upon. TCU Development Corporation (TCU) is no different – it was founded in 2010 by hockey teammates who understood the values of leadership. Over the course of 13 years, Mike...
Designing Apartments for the Future
Architects play a vital role in any apartment or condo construction project. They are responsible for the visual appearance of the building. From the developer’s requirements, they make use of creative ideas to bring the developer’s vision to life while still...