This is one part of the full interview with Jeff Chan at WestBank. WestBank is a Vancouver real estate development company with mixed real-estate development at the core of their practice. In this episode, we are going in-depth on several WestBank projects currently in the works. We will review ways you can understand projects and realise their potential. This is a great opportunity for you to understand how to assess Vancouver properties and other properties, besides. You can find the other interviews from Jeff and more about him in the show note or our blog – www.denzity.io/blog.
- Tips on what and where to invest in Vancouver
- Is the market underrated or overrated?
- A Real estate developers perspective.
This episode is pretty awesome. I happen to have lived in Vancouver for a few years and so Jeff’s sharing brought me back to a lot of great memories. Jeff shared a lot of great insights and laid out an overview of Vancouver’s development over the past few years. After reviewing the interview, I suggest sending this video to other investors who are looking to allocate their capital through real estate investing to help them on their journey.
Additionally, I feel this episode gives the audiences a better understanding of how to find the right product that suits them. Even though it is easy to simplify real estate to just price and reputation, it is the subtleties of developers’ skillset, point of view, and positioning that make each one stand out on their own. Perhaps with this in mind you will someday be able to identify some hidden gems others have glossed over. Over the years, I have seen how this product-oriented way of developing is pushing the envelope on tired notions of “great properties” – uncovering new ways a property can shine. These bold offerings turn out to be amazing; featuring important but sidelined considerations like community or experiences. It is refreshing to see the real estate industry becoming just a bit better because of what companies like WestBank are doing.
▶ About the guest:
Jeff Chan works with Westbank who is a culture company based out of Canada. Mixed real-estate development being at the core of their practice. Westbank frequently invites people to think and talk about beauty; if you are interested in this kind of discussion feel free to reach out to Westbank (links in the show notes).
▶ Connect with the guest
▶ Source & Supporting:
Bank of Canada: The Bank of Canada is the nation’s central bank. Its principal role is “to promote the economic and financial welfare of Canada.” https://www.bankofcanada.ca/about/
HSBC: HSBC Holdings P.L.C. is a British multinational banking and financial services organisation headquartered in London, United Kingdom and is one of the world’s largest banks. https://www.definitions.net/definition/HSBC
Vancouverism: Vancouverism is an urban planning and architectural phenomenon in Vancouver, British Columbia, Canada, that is unique to North America. It is characterized by a large residential population living in the city centre with mixed-use developments, typically with a medium-height, commercial base and narrow, high-rise residential towers, significant reliance on mass public transit, creation and maintenance of green park spaces, and preserving view corridors. https://findwords.info/term/vancouverism
Capital gain: Capital gain is an increase in capital asset’s value. It is considered to be realized when you sell the asset. https://www.investopedia.com/terms/c/capitalgain.asp
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Alright, let’s get back to the transcript of the show. Enjoy!