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TitreDateDurée
(41) Industry Outlook; 2026 & Beyond - Peter Norman - Altus Group11 Nov 202501:02:54

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In this episode of the Real Estate Development Insights podcast, our host Payam sits down with Peter Norman, Vice President and Chief Economist at Altus Group. Together, they explore a wide range of topics critical to the real estate development industry, from shifting demographic demands and historical market data to current trends impacting the commercial real estate industry outlook. They dive deep into the importance of affordability, macroeconomic considerations, infrastructure finance, and the role of government initiatives in housing development. This comprehensive discussion provides invaluable insight for developers, investors, and professionals navigating the evolving landscape of real estate.

 

  • Canada Commercial Real Estate Outlook
  • Macro-housing outlook: Canada 2025
  • Affordability as a structural driver in the GTA
  • Impact of Demographic Shifts
  • The shift to rental and multi-unit products in Canada
  • Pre-sales risk in Ontario/BC and conversion to rental
  • Pent-Up Demand and Future Projections
  • Affordability and Productivity in Housing
  • Investment Strategies for Real Estate Developers
  • Top metrics developers and investors must watch
  • Retail and Office Space Market Outlook


Altus Group is a trusted partner to some of the world’s leading commercial real estate (CRE) investors, managers, and advisors, seamlessly connecting its capabilities across the business to deliver the on-demand performance intelligence the industry requires. By leveraging its proprietary ARGUS technology, investing in data standardization, and generating actionable insights, Altus Group empowers clients to make informed decisions, mitigate risks, and achieve exceptional returns.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(40) Mid-rise Rental Development: Insights from Chris Spoke - Toronto Standard28 Oct 202500:46:09

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In this episode of the Real Estate Development Insights podcast, Payam speaks with Chris Spoke, partner at Toronto Standard, a firm specializing in midrise rental infill in Toronto. The episode dives into Chris’s unconventional journey from a digital background to a real estate developer, his advocacy for midrise projects, the challenges and opportunities in this sector, and the importance of long-term ownership. They also discuss intriguing topics, including policy improvements, the benefits of midrise construction, and a unique approach to sourcing project sites. This episode is a must-listen for anyone interested in real estate development, especially those looking to understand the evolving landscape in Toronto.

  • Challenges and Insights in Real Estate Development
  • Mid-rise and Rental Infill Projects
  • Micro vs. Macro Trends in Urban Development
  • Why Six Stories Is the Sweet Spot for Toronto Real Estate Developmnet
  • As-of-Right Zoning & Policy Barriers
  • The Long-Term Ownership Model
  • Operational Considerations for Long-Term Ownership
  • Construction Efficiency & Prefab Insights
  • Fixing Ontario’s Building Code

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(31) Construction Costs, Red Tape, and Housing Crisis - A Candid Conversation with Marlon Bray24 Jun 202501:03:36

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In this episode of Real Estate Development Insights, we explore a topic at the heart of every development conversation today: construction costs. Our guest, Marlon Bray, is a seasoned industry expert who recently transitioned from cost consulting into a more hands-on construction management role. With decades of experience in pricing, budgeting, and project execution, Marlon offers a candid and insightful look at the evolving landscape of construction costs in Canada.

 

We’ve all heard the headlines—construction costs are falling. But is that good news? Not exactly. As Marlon explains, today’s cost reductions are a symptom of deeper industry problems, not a sign of market health. The dramatic drop in activity, loss of trades, and market hesitancy have all contributed to reduced pricing, but at a hidden cost: a weakened development ecosystem and eroding long-term capacity.

 

This episode breaks down the complex relationship between construction cost trends, municipal red tape, policy stagnation, and developer hesitation. If you’re a builder, planner, or investor wondering when to re-enter the market—or trying to understand what the real cost drivers are—this episode is essential listening.

 

Key topics we cover:

  • Why construction costs are falling—and why developers should be cautious, not celebratory.
  • The real reason thousands of shovel-ready units remain stalled.
  • How planning delays and policy inconsistency drive up both risk and cost.
  • The role of tariffs and taxes in inflating material prices.
  • Why “cost” isn't just about dollars per square foot—it’s about timing, approvals, and survival.
  • Critical mistakes new developers make when estimating project costs.
  • The long-term danger of talent loss and trade attrition due to stalled projects.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(30) Purpose-Built Rentals: Opportunities and Challenges - Brendan Whitsitt - Imprint Development10 Jun 202500:54:14

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In this episode of the Real Estate Development Insights podcast, we sit down with Brendan Whitsitt to explore the evolving landscape of purpose-built rental housing (PBR). With a career that spans architecture, private development, and large institutional platforms like Tricon Residential, Brendan brings a nuanced perspective on what it takes to make rental projects work in today’s environment.

We dive into the differences between condo and rental development models, the critical importance of systems and incentives, and why execution—rather than entitlement—has become the main driver of value. Brendan also shares insights into building better rental buildings, from thoughtful amenity selection to optimizing the resident move-in experience.

He unpacks the current market reality: stalled condo projects, financing challenges, and what his new venture, Recovery Capital, is doing to reposition struggling developments as viable rental opportunities.

Here are some of the topics we cover in this episode:

– The evolution of purpose-built rental development in Toronto

– Key differences between condo vs. rental execution models

– Why horizontal project management outperforms vertical handoffs in rentals? 

– Critical systems and incentives every rental project needs

– How to design rental buildings with resident experience and retention in mind?

– Challenges in leasing, amenities, and operational strategy

– The role of institutional investors in the Canadian PBR market

– A closer look at Recovery Capital’s model for saving stalled developments

- Forecasting the next 3–5 years of housing supply, immigration, and affordability

Imprint Development is a real estate company focused on delivering rental and mixed-use projects that last—physically, financially, and socially. Headquartered in Toronto and informed by experience across North America, we apply a fully integrated model to design, build, and operate high-quality rental housing with discipline and care. For the communities where we work, this means more thoughtful buildings and better long-term outcomes.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(29) Beyond Density: Building Mid-Rises for Community and Connection - Jaegap Chung - Studio JCI27 May 202501:05:47

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In this episode, Join Payam and esteemed architect Jaegap Chung as they delve into the complexities and future of urban housing design. Jaegap, a first-generation immigrant and seasoned architect focusing on housing solutions, shares insights on creating livable and sustainable mid-rise buildings in Toronto. The conversation navigates through the evolution of housing trends, the quality of city design, public and private realms, and the importance of creating functional living spaces. Discover the challenges and solutions related to urban housing, including the benefits of mid-rise buildings, the importance of public transportation, and how prefabrication and automation can shape the future of construction. A must-listen for anyone interested in architecture, urban planning, and housing policy.

  • Biggest Challenges in Urban Housing and City Planning
  • Top Mid-Rise Building Trends in Urban Design
  • What to Consider Before Starting an Urban Infill Development
  • How to Improve Livability in Mid-Rise Apartment Buildings
  • Best Ways to Maximize Small Space in Urban Housing
  • What Is a Third Space and Why It Matters in Urban Living
  • How Mid-Rise Buildings Can Help Revitalize Neighborhoods
  • Common Housing Development Problems and How to Solve Them
  • Innovative Housing Ideas for the Future of Cities
  • How to Build Community in Multi-Unit Residential Buildings
  • What Is Co-Living and How It Builds Social Connection
  • How to Speed Up the Housing Development Process
  • What’s Next for the Construction Industry in Canada

 

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(28) How To Raise Capital For Real Estate Development? - David Roff - Cranson Capital13 May 202500:45:21

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In this episode, we sit down with David Roff, Vice President of Business Development at Cranson Capital, to discuss all things related to raising equity for residential real estate development. David explains the intricate differences between equity and debt in the context of real estate projects, covering various forms of financing such as construction loans, bridge loans, and mezzanine loans. He emphasizes the importance of working with experienced developers due to the complex nature of high-stakes projects. David walks us through the detailed multi-step process that Cranson Capital follows for evaluating projects, the legal structuring involved, and the crucial factors investors consider when raising capital. He also delves into common mistakes developers make and highlights key considerations for successful project financing. With insight into current real estate trends and the impact of government policies on development feasibility, this episode offers invaluable knowledge for both new and seasoned developers.

 

 

  • How To Raise Capital For Real Estate Development?
  • What do investors look for in real estate deals?
  • What is a good IRR for real estate investors?
  • How much equity does a developer need to raise
  • Understanding Equity in Real Estate Development
  • Developer’s Experience and Project Feasibility
  • Legal and Financial Structuring
  • Understanding Profit Splits in Real Estate Development. What is a Waterfall?
  • How does CMHC financing work? 
  • Common Mistakes in Development Projects
  • Industry Challenges and Trends
  • Timelines and Processes for Raising Capital

Cranson Capital is a boutique investment banking firm based in Toronto, specializing in private real estate investments and private capital markets. The firm provides accredited investors with exclusive access to development opportunities across the Greater Toronto Area and Southern Ontario.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(27) Prefabrication, Mass Timber, and Sustainable Construction - Matt Bolen from McCallum Sather29 Apr 202500:58:02

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In this episode of the Real Estate Development Insights Podcast, we welcome architect Matt Bolen, who has been a pioneering force in the field of  prefabrication & mass timber construction. Matt discusses his extensive experience and passion for innovative building technologies, focusing on sustainable design and prefabricated methods. We delve into the definition of sustainability, the challenges of incorporating mass timber, and the potential of prefabrication in modern construction. Additionally, Matt shares insightful thoughts about the benefits of single stair exits in mid-rise buildings and the importance of focusing on the ultimate goal of constructing efficient, community-centric buildings. Join us for an engaging conversation that spans practical approaches to overcoming conventional construction challenges and future-focused strategies for sustainable development.

  • What is Sustainability in Architectural Design?
  • Practical Tips for Sustainable Design
  • Challenges and Opportunities in Mass Timber Construction
  • Pros & Cons of Prefabrication and Modular Design
  • The Importance of Commitment and Innovation
  • Historical Context and Industry Examples
  • The importance of Prototyping and Real-World Applications
  • Required Changes to Industry Regulations

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(26) What the Numbers Say About the Future of Toronto’s Skyline - Edward Skira & Ash Navabi15 Apr 202500:45:17

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In this episode of the Real Estate Development Insights podcast, Edward Skira and Ash Navabi from Urban Toronto discuss the comprehensive data and trends in the Greater Toronto Area (GTA) real estate market. The episode delves into the founding of Urban Toronto, the types of data they track, and the significant impact of policies on development. The conversation highlights current market trends, approval processes, the shift from condo to rental developments, and the surprising complexities of urban planning and policy implementation. Listeners are also guided on effectively using the Urban Toronto platform for real estate investment decisions.


  • The Origins of Urban Toronto
  • Urban Toronto's Data and Insights 
  • Clientele and Usage of UT Pro 
  • Impact of Policy on Development
  • Parking Policy Changes and Effects 
  • Provincial Policies and Their Outcomes
  • Multiplexes and Minor Variances
  • Understanding the Complexity of the Housing Crisis
  • Biggest Challenges in the Housing Market
  • Economic Factors Affecting Housing
  • Toronto's Housing Market vs. Other Cities
  • Navigating the Development Process
  • Using Urban Toronto's Platform for Development
  • Trends in Rental vs. Condo Projects
  • The Role of Developers and Public Perception
  • The Growth of Toronto's Skyline

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(25) Landlord to Real Estate Developer - Mike Zavershnik - 17A Properties01 Apr 202500:52:35

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In this episode, Payam hosts Mike, a seasoned entrepreneur who has made the shift from a landlord to a real estate developer. Mike shares his experiences, challenges, and learnings, from starting a tech-incubator company that didn't survive the dot-com burst to build a successful real estate portfolio with 300+ units. They dive deep into the importance of relationships, the misconceptions about developers, and the complexities of being a landlord. The conversation also tackles the pressing issues in the housing crisis, the political and regulatory landscape, and the critical need for policy reforms. Tune in for an enlightening discussion about real estate development, managing multifamily properties, and the future of housing.

 

  • What are the Keys to Success in Real Estate Investing?
  • What are the myths and Misconceptions in Real Estate Development?
  • The Housing Crisis and Policy Changes
  • How Can Technological Innovations in Construction Help Solve the Housing Crisis?
  • Municipal Regulations and Development
  • What is the true impact of Development Charges on a Real Estate Development Project?
  • Challenges of being a small landlord and potential solutions

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(24) Tactics for Faster Delivery: An Innovation Checklist for Modern Developers - Payam Noursalehi18 Mar 202500:47:52

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In this episode of the Real Estate Development Insights podcast, host Payam Noursalehi discusses the importance of adapting to changes in the construction and real estate development industry. With no guests, Payam shares his personal experiences and insights from working on various projects over the years. The episode focuses on the need for new, sustainable, and efficient building methods and presents a practical framework for evaluating new systems. Topics covered include challenges in the industry, such as labour shortages and rising costs, the importance of proven track records for new products, project definition, team experience, procurement issues, and long-term building operation considerations. Payam emphasizes careful, informed decision-making to ensure innovation brings real benefits without unintended risks. A downloadable PDF checklist is available to help guide future project planning.


  • Adapting to Industry Changes
  • Challenges in the Construction Industry
  • Innovative Building Systems
  • Evaluating New Systems
  • Project Definition and Planning
  • Understanding Building Costs
  • Importance of Team Experience
  • Flexibility and Limitations of New Systems
  • Managing Change in Construction Projects
  • Approval Processes and Risk Management
  • Procurement and Installation Considerations
  • Quality Assurance and Control
  • Post-Construction and Long-Term Operation

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(23) Canada Vs. US -  Housing Crisis; Similarities & Differences - Edd Hamzanlui of MassCan Capital04 Mar 202500:50:22

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In this episode of the Real Estate Development Insights podcast, host Payam Noursalehi is joined by Ed Hamzanlui, founder and operator of Masscan Capital in Boston, Massachusetts. Ed shares his experience and insights into the housing crisis solutions being implemented in Massachusetts. They discuss various initiatives like the MBTA Act, which encourages density around public transportation hubs, and the Gateway Cities program aimed at revitalizing older industrial cities.

 

The conversation also touches on the similarities between Massachusetts and Toronto’s housing challenges and the concept of ‘Light Touch Density’ for creating affordable housing options. They delve into the effectiveness of regulatory changes and the necessity of aligning financial viability with development initiatives. This episode is a comprehensive look at the shared struggles and innovative solutions in real estate development on both sides of the U.S.-Canadian border.

 

  • Discussing Housing Crisis Similarities
  • Challenges in the Massachusetts Housing Market
  • Regulatory Hurdles and Market Dynamics
  • Comparing Housing Issues in Toronto and Massachusetts
  • Impact of Housing Costs on Population Movement
  • Massachusetts Bay Transportation Authority (MBTA) Act
  • Gateway Cities and HDIP Zoning
  • Exploring the Midwest and Massachusetts
  • The Missing Middle Housing Concept
  • Affordable Housing Initiatives in Massachusetts

For similar episodes list to A Conversation with a Real Estate Developer – Shakeel Walji

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(22) It Is The Best Time To Become A Real Estate Developer (Potentially!) - Josh Kaufman of InnoDev Partners18 Feb 202500:52:44

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In this episode of the Real Estate Development Insights Podcast, I sat down with Josh, a seasoned executive in the housing development industry, to discuss his journey from a high-profile corporate role to co-founding InnoDev Partners. They explore the complexities of Toronto’s housing market, the concept of missing middle housing, and the importance of transit-oriented developments. Josh shares his experiences and vision for creating affordable housing solutions, shedding light on the alignment between municipalities and developers aimed at addressing the housing crisis. This episode provides invaluable insights into the ever-evolving landscape of urban development.

 

  • Why is now the best time to become a real estate developer?
  • Why are purpose-built rentals the best opportunity to pursue for developers right now?
  • How to select a site for your following real estate development projects to increase your odds of success?
  • What is the role of transit in the success and future of rental projects?
  • Transition to Residential Development
  • Opportunities in Transit-Oriented Development
  • Navigating Policy Changes and Incentives
  • Site Selection Criteria
  • Lessons from Past Corporate Life
  • Revenue Expectations and Project Design
  • Achieving Early Alignment in Projects

InnoDev Partners is committed to pioneering sustainable construction methods that minimize embodied carbon while creating integrated urban environments. They aim to design spaces that foster holistic living, working, and shopping experiences, with high walkability, convenient transit access, and a focus on inclusivity.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(39) Real Estate Innovation: AI, Technologies, and Future Trends with Arash Shahi14 Oct 202500:52:05

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In this episode of the Real Estate Development Insights podcast, Payam speaks with Arash Shahi, PhD, P Eng, PMP, and CEO of Land Logic, about Real Estate Innovation. Arash shares his impressive journey in the real estate sector, spanning over 20 years, and discusses his pivotal role in innovations such as the ACO Innovation Lab and One Ontario. The conversation explores the challenges and opportunities of digitizing the Ontario Building Code, the need for standardized data exchange in real estate, and the future impact of AI on the industry. They further discuss how municipalities and the private sector must adapt to this evolving landscape, as well as the critical role of leadership and public-private partnerships. Tune in for an insightful discussion on the future of real estate development and the transformative role of technology.

 

  • Real Estate Innovation
  • Digitizing the Ontario Building Code
  • The Need for Centralized Permitting Systems
  • The Imperative for Digitization in Real Estate
  • Building Land Logic: Data Exchange as Infrastructure
  • Why AI Will Reshape Real Estate Decisioning
  • The Municipal Challenge & Opportunity
  • Challenges in BIM Adoption
  • What Real Estate Professionals Should Watch
  • AI’s Impact on Jobs and Industry
  • Opportunities in Construction Tech

  

LandLogic is led by an elite management team with deep expertise across the architectural, engineering, construction, real estate and academic sectors. 

Our leaders include top innovators in construction and development, experts in AEC software sales, and seasoned strategists in global marketing. Specialists with robust backgrounds in complex financial landscapes and cutting-edge technologies like GIS and geomatics guide financial and technical strategies. With a proven track record in transforming organizational engagement and elevating brand experiences, our marketing and creative leaders ensure LandLogic remains at the forefront of industry advancements. This formidable team positions LandLogic to drive innovation and leadership in land data insights.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(21) Mid-Rise Buildings; The Mattamy Way - Dave Dekort from Mattamy Homes04 Feb 202500:52:43

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In this episode of the Real Estate Development Insights Podcast, we interview Dave Dekort, Director of Project Management at Mattamy Homes, to discuss developing mid-rise buildings in the Greater Toronto Area. Dave shares his background, the evolution of Mattamy Homes, and the company’s shift from low-rise to urban mid-rise construction. The conversation covers various building systems, including wood framing, cold-formed steel, pre-cast concrete, and hybrid approaches, emphasizing the pros and cons of each. Dave also offers valuable advice on project management, consultant coordination, and trends in the construction industry, providing listeners with essential tips for navigating the complexities of mid-rise development.

 

  1. Why is Mattamy shifting to more urban developments?
  2. Challenges and Strategies in Mid-Rise Construction
  3. Key Considerations in Development Projects
  4. Different Typologies in Mid-Rise Buildings
  5. Acoustic and Fire Separation considerations in Mid-Rise buildings
  6. Coordination and Prefabrication Challenges
  7. Advice for New Developers and Builders

Mattamy Homes, founded in 1978, is one of North America’s largest privately owned homebuilders. Known for its focus on creating master-planned communities. 

In recent years, Mattamy Homes has been shifting toward midrise building developments, reflecting broader changes in urban real estate markets. The rising demand for housing in urban centers, combined with a growing emphasis on sustainability, transit-oriented development, and land-use efficiency, has encouraged the company to diversify its portfolio. Midrise buildings align with Mattamy’s goals by offering higher-density housing options that cater to a variety of residents, including young professionals, empty nesters, and those seeking more affordable options within desirable urban locations.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(20) Legal Structures in Real Estate Development - Zev Zlotnick from Gardiner Roberts LLP21 Jan 202500:43:19

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In this episode of the Real Estate Development Insights Podcast, we interview Zev, a partner at Gardner Roberts LLP, a full-service law firm in Toronto, to discuss essential legal considerations for real estate developers. From choosing the proper legal structure, whether a limited partnership or a co-tenancy, to the importance of due diligence and the nuances of financing options, Zev provides a comprehensive guide for newcomers and seasoned investors alike. Ideal for anyone looking to understand the complexities of real estate development, this episode offers practical insights and expert advice.

 

  • Importance of Due Diligence prior to and during the initial stage of a development project. 
  • What are the legal structures for a real estate development project?
  • Pros & Cons of each legal structure and investment vehicle. 
  • Tips and advice for owning and operating a real estate portfolio. 
  • What is a real estate investment fund?
  • How does a General Partner (GP)/Limited Partner (LP) structure work?
  • What do lenders look for from a legal perspective before funding a real estate development project?
  • What is a blind fund?
  • What are the most essential Legal Considerations for New Real Estate Developers?
  • What are the best Ownership Structures and Agreements in a real estate development project?
  • What are the key items in Logistics and Liability in Real Estate Deals?
  • How can you best segment liability and ownership in a real estate development project?
  • What are the common mistakes in raising capital, and how can they be avoided?
  • What are the Key Elements of a Term Sheet?

 

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(19) Why Designing for Operations Changes Every Development Decision - Jonathan Diamond from Well Grounded Real Estate07 Jan 202500:39:47

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Jonathan Diamond is a principal at Well Grounded Real Estate, a family-run firm that owns and operates a portfolio of multi-family and retail properties throughout Ontario.  He has been instrumental in driving purpose-built rental developments, showcasing a commitment to scalable strategies for building design, development, and execution. Notably, Diamond holds a PhD in neuroscience from Queen’s University, providing him with a distinctive perspective in the industry by merging scientific thought, exploration, and innovation.

In this Real Estate Development Insights Podcast episode, Jonathan Diamond discusses his unique journey from neuroscience to real estate development. He shares insights about his family’s long-term approach to building management and current ambitious projects, including a pioneering multi-use development. Jonathan emphasizes the importance of varied backgrounds in real estate, the integration of innovative technologies, and the structural changes needed in the construction industry to promote efficiency and affordability. Listen in for a deep dive into the intersection of business, development, and technical expertise.

 

  • Jonathan’s Background and Career Shift
  • Challenges and Insights in Real Estate Development
  • Innovative Approaches in Building Design
  • Long-term Ownership Perspective
  • Energy Efficiency and Passive Design
  • Ambitious Project Goals
  • Landlord vs Developer: Maintenance Challenges
  • Financing Rental vs Condo Buildings
  • Long-Term Planning and Government Incentives
  • Critical Decisions in Development
  • Innovative Technologies in Construction

For more information on their work, please visit https://www.wellgroundedrealestate.com/

For similar episodes list to A Conversation with a Real Estate Developer – Shakeel Walji

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(18) 2024 Recap: Highlights and Lessons from the Real Estate Development Insights Podcast24 Dec 202400:59:28
(17) Major Streets & Multiplex Housing; Opportunities For Real Estate Development In Toronto - Michael Testaguzza - Robert McQuillan10 Dec 202400:58:11

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In this episode of the Real Estate Development Insights Podcast, I interview Michael Testaguzza and Robert McQuillan to discuss recent changes in the City of Toronto's housing policies (Major Streets & Multiplex Housing), focusing on expanding housing options in neighbourhoods. They delve into the specifics of multiplex and major street initiatives, guide developers through the steps to leverage these changes and reflect on the opportunities and challenges in urban planning. The conversation also explores broader implications for urban living and potential future developments. Overall, it is a comprehensive discussion aimed at demystifying current planning frameworks and celebrating recent advancements in urban development.

 

  • What is the Multiplex definition in Toronto?
  • What are the Major Streets in Toronto?
  • What does EHON mean?
  • What opportunities do Multiplexes and Major Street initiatives create for real estate developers?
  • Do you still need to go through SPA (Site Plan Application) for a multiplex?
  • What does as-of-right zoning mean?
  • How does EHON Approval Timelines?

If you want to learn about our guest and their professional activities, please visit their website at https://thebiglierigroup.com/. 

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(16) How Developers Should Make Early Decisions That Shape Projects for Years - Shakeel Walji from Sher Corporation26 Nov 202400:53:52

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In this episode of the Real Estate Development Insights Podcast, seasoned real estate developer Shakeel Walji shares insights from his 30-year career in the industry. Shakeel discusses his unconventional journey from engineering to marketing and ultimately into real estate development, where he now manages multiple businesses. He offers practical advice for aspiring developers, emphasizing the importance of understanding financing, timelines, and the critical role of design in successful projects. Shakeel also stresses the need for resilience, continuous learning, and the ability to overcome challenges. He highlights key skills that new developers should focus on and provides a detailed account of a recent project that presented significant obstacles, illustrating the complexities and rewards of real estate development.

  

  • Shakeel's Journey into Real Estate
  • The Walsh Group and Marketing Strategies
  • Challenges and Successes in Development
  • Critical Decisions for New Developers
  • Understanding Finance and Timelines
  • Evaluating and Acquiring Land
  • Design and Development Philosophy
  • The Role of Consultants in Development
  • Key Skills for New Developers
  • Handling Construction Curveballs
  • The Reality of Development Lifestyle

If you want to learn about our guest and their professional activities, please visit their website at: https://shercorp.ca/. 

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(15) The Mass Timber Playbook: Lessons from Canada’s Most Ambitious Wood Project - Phil Silverstein12 Nov 202401:01:59

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In this episode of the Real Estate Development Insights Podcast, I sit down with Phil Silverstein, a principal at Moriyama Teshima Architects, to discuss the significance of George Brown College's Limberlost Project as a Pioneering Project. Phil shares insights into his journey into regenerative design, the advantages of mass timber in sustainable architecture, and the groundbreaking innovations showcased in the Limberlost project. The conversation delves into the environmental benefits of using this system, the potential for its broader application in mainstream construction, and the critical need for resilient building practices. Phil also touches on future trends in prefabrication and its role in transforming how we think about architecture and sustainable urban development.

 

  • What is Mass Timber?
  • Why is Mass Timber Construction Considered Green?
  • How can smaller real estate developers take advantage of this new technology?
  • Why is George Brown College's Limberlost Building a critical project?
  • What technical innovations were used in this project?
  • What are some of the Benefits and Misconceptions around Mass Timber?
  • Can MT be used in mainstream Residential Developments?
  • Prefabrication: The Next Big Thing in Mass Timber Construction.

If you want to learn about our guest and their professional activities, please visit their website at: https://mtarch.com/

 

For Related Episodes, you can also refer to the interview I had with Simon Edwards on Episode #6 of the podcast. 

 

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(14) Code Changes You Can't Ignore: Avoiding Costly Compliance Traps - Jack Keays29 Oct 202400:51:04

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In this Real Estate Development Insights Podcast episode, I interview Jack Keays, the principal at Vortex Fire, and we talk about Building Code changes, opportunities, and shortcomings for real estate developments. The discussions cover the evolution of building codes, their impact on the construction and real estate industries, and how developers can navigate these changes to unveil new opportunities. Key topics include the shift towards alternative solutions, innovations in mass timber and modular construction, fire safety advancements, and the implications of upcoming regulatory changes. Insights are provided on the importance of early code consultant involvement, the shift in regulatory frameworks, and the potential benefits and challenges of future code amendments, including single stairwell designs and prefabrication. The episode underscores the need for continuous learning and practical construction experience to meet evolving code requirements effectively.

  

  • What is the Role of a Code Consultant in a Real Estate Development Project?
  • What is an alternate solution in building codes, and how can you utilize it in your next development project?
  • Evolution of Building Codes and Mass Timber Construction.
  • 2025 Building Code Changes, opportunities, and shortcomings
  • Single Staircase Buildings: Opportunities and Challenges
  • Innovative Infill Solutions for Urban Areas
  • Fire Safety and Insurance in Mass Timber Buildings
  • Future of Building Codes: Performance-Based Provisions

  

If you want to learn about our guest and their professional activities, please visit their website at http://www.vortexfec.com/

 

For more information, please refer to RealEstateDevelopmentInsights.com

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(13) Urban Planning And The Housing Crisis: Insights From Andrew Ferancik, MCIP, RPP15 Oct 202401:12:00

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In this episode of the Real Estate Development Insights Podcast, I interview Andrew, a seasoned city planner from WND, about Urban Planning And The Housing Crisis, as he shares his journey into urban planning and his experiences working within municipalities like Mississauga. Andrew delves into the intricacies of planning, highlighting the importance of understanding both the art and science behind development decisions. He also touches on the role of planners as strategic advisors to developers, navigating guidelines and the complexities of balancing community concerns with the pressing need for more housing. Andrew discusses the challenges and opportunities within the current planning framework, offering advice for the new generation of planners eager to make a meaningful impact in shaping sustainable cities.

 

  • What is the Role of a Planner in a Real Estate Development Project?
  • Why is urban planning important for every modern society?
  • How to Balance Development and Community?
  • Shifting Standards in Neighborhood Planning
  • Navigating Planning Approvals and Variances
  • The Complexity of Planning Guidelines & what to do about it.
  • How can urban planning improve the quality of life in the cities?
  • Practical advice for new urban planning professionals.

If you want to learn about our guest and their professional activities, please visit their website at: https://wndplan.com/

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(12) Real Estate Development 101: How to work with your team effectively? A Candid Conversation with Rod Rowbotham, OAA01 Oct 202401:08:00

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In this episode of the Real Estate Development Insights Podcast, Rod, the President and Owner of One Space Unlimited Inc., shares his extensive experience and insights into architectural and interior design services, primarily focused on the hospitality and multifamily residential industries across Canada. He emphasizes the importance of assembling the right team, understanding the development process, maintaining flexibility, and the critical role of patience and communication in construction projects. Through detailed discussions, Rod sheds light on best practices, potential pitfalls, and modern trends in the industry, aiming to guide and inspire the new generation of developers.

 

  1. Client Relationships and Development Process
  2. Critical Decisions for New Developers
  3. The Role of Relationships in the Municipal Processes
  4. Assembling the Right Team at the Right Time
  5. The Importance of Patience and Collaboration
  6. Developers & Addressing the Housing Crisis
  7. Building Trust and Communication with Developers
  8. How to Successfully Navigate the Construction Phase
  9. Bad Recommendations and how to spot them.
  10. The Magic of Flexibility in the success of a development project


For more information, please refer to RealEstateDevelopmentInsights.com

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(38) Financing Purpose-Built Rentals - Max Goyzman - Peakhill Capital30 Sep 202500:53:40

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In this episode, Max Goyzman, Vice President of Financing at Peakhill Capital, delves into the intricacies of Financing Purpose-Built Rentals and commercial real estate lending, with a specific focus on the apartment sector. Max discusses Peakhill Capital’s financing strategies, CMHC-insured loans, and bridge financing. The conversation aims to provide listeners, especially those looking to finance their first apartment or unit rental build project, with a comprehensive roadmap to navigate the process. Topics covered include construction cost estimates, the financing process, CMHC requirements, interest rate impacts, project size considerations, and the importance of aligning with experienced partners. Whether you’re a seasoned developer or a newcomer, this episode is packed with valuable insights.

 

  • Understanding Financing Purpose-Built Rentals
  • Navigating Construction Costs and Feasibility
  • Challenges and Trends in Mid-rise Projects
  • Impact of Interest Rates on Rental Projects
  • Steps for First-Time Developers
  • Understanding Bonding Requirements
  • Financing a Multi-Unit Property
  • Navigating the Draw Process
  • Transitioning from Construction to Term Loan
  • Bridge Financing and Lease-Up Challenges
  • Contingency Planning and Liquidity
  • Comparing CMHC and Conventional Financing

For more information, please refer to RealEstateDevelopmentInsights.com

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(11) Structural Systems, Code Changes & Mid-rise Challenges; An In-depth conversation with Raymond Van Groll, P.Eng.17 Sep 202401:01:18

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In this episode, Raymond Van Groll, Director of Building Structures at M.T.E., discusses the complexities and considerations of structural engineering in real estate development. Covering his extensive experience—from high-rise projects to mid-rise buildings—Raymond elaborates on various construction materials and systems, including concrete, wood, and hybrid systems. He highlights the implications of new building codes, the importance of watertight designs, and the evolving landscape of urban development in Toronto. The conversation also explores industry challenges, the need for streamlined site plan approvals, and the potential of future technologies like AI to revolutionize building design and construction processes.


  • Structural Systems in Real Estate Development
  • Concrete and Wood Structural Systems
  • Hybrid Structural Systems
  • Challenges in Mid-Rise Construction
  • Upcoming Building Code Changes
  • Water Tightness in Toronto Buildings 
  • The Cost of Building Regulations
  • Infrastructure and Urban Planning
  • Streamlining the Building Process
  • The Need for Standardization in Construction
  • The Future of Construction and AI

For more information, please refer to RealEstateDevelopmentInsights.com

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(10) Interest Rates, Housing Supply & Other Complex Real Estate Problems; A Wide-Ranging Conversation with Dr. Murtaza Haider03 Sep 202400:54:12

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In this episode, Dr. Morteza Haider, professor at Toronto Metropolitan University and director of the Urban Analytics Institute, discusses his background and current work in real estate management and urban analytics. Dr. Haider delves into complex real estate problems in Canada, particularly the persistent housing affordability crisis. He explains the significant challenges faced by government policies in managing supply and demand, labour productivity issues, and systematic barriers such as NIMBYism and restrictive regulations. The conversation also explores historical housing market trends, the potential of mid-rise developments, and policy changes that might improve the housing situation. Lastly, Dr. Haider offers his perspective on the impact of AI on real estate and the importance of civic engagement in driving change for housing affordability.


  • Complex Real Estate Problems
  • Behavioural and Systemic Issues in Housing
  • Interest Rates and Housing Market
  • Historical Housing Market Trends
  • Mid-Rise Building Feasibility
  • Urban Planning and Density Misconceptions
  • The Economics of Building Heights
  • Historical Context and Housing Supply Issues
  • AI in Real Estate: Potential and Limitations

For more information, please refer to RealEstateDevelopmentInsights.com

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(9) Land Acquisition to Approvals: A Detailed Conversation with Hoordad Ghandehari, OAA20 Aug 202401:02:09

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In this episode of the Real Estate Development Insights podcast, I welcome Hoordad Ghandehari, a licensed architect in Toronto with nearly three decades of experience. Hoordad shares insights from his journey, detailing his background, architectural practice, and significant milestones. The conversation encompasses crucial aspects of real estate development, particularly focusing on mixed-use and multifamily buildings.

Hoordad explains the importance of due diligence from land acquisition to approvals, design development, foundational architectural concepts, and key considerations for new developers in the real estate sector. He emphasizes the role of an experienced team, the impact of regulatory frameworks, the aesthetics of urban architecture, and the importance of sustainability in construction. This comprehensive discussion offers valuable guidance for developers and architects aiming for successful, well-integrated, and aesthetically appealing projects.

 

  1. Understanding Real Estate Development Basics
  2. Key Considerations for New Projects
  3. Evaluating Initial Sketches and Site Suitability
  4. Navigating the Approval Process
  5. Balancing Personal Taste and Market Needs
  6. The Intersection of Architecture and Marketing
  7. Increasing Density Near Transit Stations
  8. The Role of Balconies in Modern Architecture
  9. Adapting to Changing Lifestyles
  10. Encouraging Unique Architectural Designs
  11. Advice for Aspiring Architects

To contact Hoordad, please go to: https://www.iconarchitects.ca/contact/

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(8) What It Really Takes to Build a Purpose-Built Rental from Scratch - Kostadin Demirov06 Aug 202400:47:59

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In this episode, we delve into the remarkable journey of Kosta, a Bulgarian refugee who arrived in Canada in 1990 and transitioned into a successful real estate developer in Toronto. Kosta recounts his initial years working as an electrician and then starting his own renovation business. Through determination and a passion for building, Kosta eventually embarked on his first major development project. He details the challenges he faced, including navigating the complexities of construction during the COVID-19 pandemic, managing risks, and the importance of assembling a reliable team. Kosta also shares insights into his long-term goals, strategies for overcoming doubts, and his invaluable lessons about patience and persistence in the real estate industry.

  • First Steps into Real Estate Development
  • Navigating Financial Risks and Securing CMHC Financing
  • Building a Strong Team In Real Estate Development
  • Securing Permits and Overcoming COVID-19 Challenges 
  • Hands-On Developer Experience
  • Navigating Construction Challenges
  • Building Relationships with Neighbors
  • Becoming a Landlord
  • Implementing Geothermal Systems
  • Reflecting on Lessons Learned 
  • Advice for Aspiring Developers

For more information, please refer to RealEstateDevelopmentInsights.com

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(7) Heritage, Adaptive Reuse, & Building Unique Projects; A Conversation with Joey Giaimo, OAA23 Jul 202400:54:11

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(7) Heritage Buildings, Adaptive Re-use, & Building Unique Projects; A Conversation with Joey Giaimo, OAA. 

www.realestatedevelopmentinsights.com

#realestatedevelopment #realestatedeveloper #podcast #torontorealestate 
#heritage   #heritagebuilding #adaptivedesign 

In this real estate development insights podcast episode, I interview Joey Giaimo, an esteemed heritage expert and architect. Joey shares his journey into the heritage conservation field and discusses the complexities and rewards of integrating modern design with heritage buildings. Discover Joey's perspectives on architectural training, preserving existing structures, and the importance of community input in development projects. Learn about successful heritage projects, the challenges of facadism, and strategies for sustainable architecture. This episode is a must for anyone interested in architecture,  heritage conservation, and sustainable development.

Here are some of the key items we cover in this episode:
- What is the definition of a successful heritage conversion project? 
- How can we utilize the heritage elements of an existing building to create a unique project? 
- Case study of the Bule House! How to bring new life to an older building? 
- Adaptive reuse, circular economy: How can they help with the climate change crisis?
- What are the opportunities and pitfalls of facadism in a heritage conversion project? 
- Stakeholder management and the role of communities in defining a unique heritage conversion project. 

For more information, please refer to RealEstateDevelopmentInsights.Com.

Your ultimate resource for in-depth discussions, expert interviews, and valuable insights into the ever-evolving world of real estate development. Hosted by Payam Noursalehi, this podcast is dedicated to bringing you the knowledge and expertise of industry leaders, innovators, and professionals shaping real estate's future. Whether you’re a seasoned developer, an aspiring professional, or simply curious about the field, our episodes are designed to provide you with actionable information, real-world case studies, and the latest trends in the industry.

Join us as we explore various topics, from cutting-edge technologies and sustainable building practices to market analysis and strategic planning. Each episode features conversations with top architects, engineers, planners, and developers who offer their unique perspectives and experiences.

Our mission is to empower you with the tools and insights needed to navigate the complexities of real estate development and make informed decisions that drive success.

Subscribe now and stay ahead of the curve with the Real Estate Development Insights Podcast – where knowledge meets opportunity.

Here is a link for more information on this episode. 
https://mid-rise.ca/heritage-amp-building-unique-projects/

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(6) How to Build Quiet High-Rises: Acoustic Secrets of Mass Timber- Simon Edwards09 Jul 202400:56:57

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In this episode of the Real Estate Development Podcast, Simon Edwards, an acoustical engineer at HGC Engineering, shares his insights on the intersection between acoustics and mass timber construction. Simon discusses his background, transitioning from a career in music to becoming an acoustical engineer, and emphasizes the importance of considering both direct and indirect sound transmission in building design.

 

He also highlights the complexities and benefits of using mass timber, such as the potential for construction efficiencies and aesthetic appeals, while addressing common concerns and misconceptions about acoustical performance.

 

The conversation dives into practical advice for developers, best practices gleaned from European standards, and the significance of acoustical engineers' early involvement in project planning. Simon thoroughly examines specific projects, such as the YW building in Kitchener, shedding light on innovative solutions and evolving industry standards.

 

Here are some of the topics we cover in this episode:

  1.  What is the Role of an Acoustical Engineer?
  2. What are the Challenges in Building Acoustics?
  3. What are the effects of a Mass Timber structure on building acoustics?
  4. Testing and Evolving Acoustic Solutions for Mass Timber Buildings
  5. Challenges with Gym Noise in Buildings, some easy solutions. 
  6. Key Acoustics Considerations for Real Estate Developers

https://mid-rise.ca/acoustics-and-mass-timber-construction-6/

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(5) Urban Design & Development; A Conversation with George Popper24 Jun 202400:48:54

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In this "Real Estate Development Insights episode," George Popper shares his journey from architecture to urban development. We explore the importance of creativity, problem-solving, community engagement in urban projects, and key decisions that shape successful developments.

George's experience includes working in Europe, where he was inspired by the integration of architecture and development. He emphasizes listening to community concerns and collaborating with city planners to navigate zoning and approvals effectively. George also discusses the value of designing livable, functional spaces that enhance the quality of urban life.

Highlights from the Episode:

  • Why Real Estate Development?
  • Transitioning from architecture to development.
  • How to use creative problem-solving in real estate development?
  • How to navigate the Zoning & Approval process in urban projects? 
  • How to use the official plan?
  • The importance of listening skills for a real estate developer.
  • Balancing development goals with community needs.
  • How to start as a real estate developer? Advice for aspiring developers.

Join us for an in-depth conversation on the intricacies of urban design and development. Subscribe to "Real Estate Development Insights" and share with anyone in your network who might benefit from these valuable discussions.

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(4) Facade Systems, Climate Performance, and Important Decisions: Insights from Blair Davies, P.Eng.11 Jun 202400:50:39

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In this episode, Blair, a seasoned civil engineer, shares his journey from tech to the construction industry, focusing on the significance of building facades. The discussion covers the importance of facades, the evolution of building codes, challenges in the construction process, and the role of sustainability and waste management.

 Blair also delves into the trends in mid-rise building projects, offering valuable advice for developers on optimizing facade systems for better performance and aesthetics. Join us for an in-depth conversation on how facades contribute to the functionality, branding, and longevity of modern buildings.

 

  • Why are Facades important?
  • Defining Facade Terms
  • Important Decisions for Real Estate Developers
  • Exploring Facade Options
  • Building Codes and Performance
  • Choosing the Right Facade for Toronto's Climate
  • The Importance of Flexibility in Wall Solutions
  • Thermal Bridges and Slab Exposure Issues
  • Challenges with High-Rise Glass Buildings in Toronto
  • Balconies and Thermal Bridging Concerns
  • Trends and Opportunities in Mid-Rise Construction
  • The Role of Prefabrication in Modern Construction
  • Sustainability and Environmental Impact
  • Resources for Learning More About Facades

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(3) Engineering, Sustainability, and Real Estate Development: A Deep Dive with Cara Sloat P.Eng. 28 May 202401:12:03

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This episode features an insightful conversation with Cara Sloat, a mechanical engineer with over 20 years of experience, focusing on low-energy mechanical systems, decarbonization, and the importance of mechanical engineering in addressing climate change. Cara discusses her background in philosophy and mechanical engineering, emphasizing the critical role of engineering in solving climate change and the philosophical underpinnings that guide her approach to sustainable engineering. The conversation covers several key topics, including the shift towards more sustainable building practices, the significance of heat pumps and energy recovery ventilators in reducing carbon emissions, and the vital role of air tightness in improving building efficiency. Cara also touches on the evolving standards for high-performance design and the importance of considering both embodied and operational carbon. The episode concludes with a discussion on the potential impacts of government regulations, market forces, and the need for aesthetically pleasing, environmentally friendly mechanical systems.

Here are some highlights for this discussion:

  • Introduction to Cara and the Philosophy of Engineering
  • Cara's Journey from Philosophy to Engineering
  • The Role of Engineers in Addressing Climate Change
  • Exploring Mechanical Engineering and Climate Solutions
  • The Importance of Early Engagement with Engineers in Development Projects
  • Navigating the Complexities of Mechanical Systems and Electrical Load
  • The Potential of Geothermal Systems for Sustainable Building
  • Innovations in Heat Pumps and the Challenge of Refrigerant Leaks
  • Exploring Hydronic Systems and Heat Pumps
  • The Environmental Impact of Heat Pumps vs. Natural Gas
  • Leveraging LEED and Other Standards for Sustainable Development
  • Innovative Construction Techniques and Modular Prefabrication
  • The Role of Energy Recovery Ventilators in Sustainable BuildingThe Importance of Air Tightness in Building Design
  • The Evolution of Building Design Towards Sustainability
  • Operational and Embodied Carbon in Building Design
  • The Potential of Wood as a Sustainable Building Material
  • Regulations, Market Forces, and the Future of Sustainable Building



For more information, please refer to RealEstateDevelopmentInsights.Com.

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Take our Free Assessment at: DevelopmentReadinessAssessment.com

(2) Risk, Creativity, & Design Excellence: Real Estate Development with Sheldon Rosen27 May 202401:03:33

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In this episode of the Real Estate Development Insights Podcast, host Payam Noursalehi sits down with Sheldon D. Rosen, and architect turned developer and founder of the SDR Group. They discuss Sheldon's journey from architecture to development, the challenges and strategies involved in the real estate development process, and key advice for aspiring developers. The conversation covers risk management, networking, financing, and the importance of creativity and research in successful projects. Sheldon also shares insights into dealing with market cycles, attracting investors, and the impact of world events on development. The episode contains practical advice and inspiring stories from Sheldon's extensive career.

Here are some highlights for this discussion:

  • The Journey of Becoming a Developer: Challenges and Insights
  • Sheldon's First Development Project: A Leap into the Unknown
  • The Complexities of Real Estate Development
  • Advice for Aspiring Developers: Understanding the Essentials
  • Critical Decisions in the Development Process
  • The Creative Process: From Vision to Reality
  • Building for Excellence: Sheldon's Philosophy on Development
  • Exploring the Monotony of Modern Buildings
  • The Philosophy of Unique Living Spaces
  • Creating Community Through Design
  • The Art of Building for Different Needs
  • Attracting Investors and Partners in Development
  • The Power of Storytelling in Architecture
  • Advice for Aspiring Developers and Architects


For more information, please refer to RealEstateDevelopmentInsights.Com.

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(37) Toronto Green Standard, Geothermal, District Energy; tools to decarbonize the built environment - David McMillan, John Rathbone, Ben Gilbank16 Sep 202501:05:30

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In this episode, we discuss the Decarbonizing The Built Environment and the future of green building practices with three experts: David McMillan, from the City of Toronto; Ben Gilbank, Founder and CEO of Alt Crest Energy; and John Rathbone, CEO and Co-Founder of Rothco EMG.

 

This episode delves into Toronto’s ambitious goal to achieve net-zero emissions by 2040, addressing the roles played by regulations, renewable energy systems like geothermal and air source heat pumps, district energy solutions, and the challenges and opportunities in transitioning to sustainable infrastructure. Gain insights into how public policy and private sector collaboration can pave the way for a sustainable future.

 

  • Toronto’s goal of Net Zero by 2040
  • Energy as a Service definition and benefits
  • Renewable Energy Systems, pros and cons.
  • Cost of Toronto’s Green Standards
  • Challenges in Energy and Building Models
  • Long-Term Views and Solutions
  • Cost Considerations and Collaboration
  • Developer Mindsets and Risk Management
  • Geo Exchange and City Planning
  • Exploring the Toolbox: Geothermal and Heat Pumps
  • Air Source vs. Ground Source Heat Pump
  • Economies of Scale in Geothermal Projects
  • District Energy Systems Explained
  • Decarbonizing the existing buildings

For more information, please refer to RealEstateDevelopmentInsights.com

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(1) Introduction20 May 202400:06:21

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This episode introduces the Real Estate Development Insights podcast. Payam, explains the podcast's purpose of sharing insights, best practices, case studies, and interviews with industry experts to improve decision-making in real estate development. He also mentions providing a free PDF resource with top industry resources for listeners.

For more information, please refer to RealEstateDevelopmentInsights.com

Take our Free Assessment at: DevelopmentReadinessAssessment.com

(36) Condos, Rentals, & Market Trends - Insights from Ben Myers - Bullpen Consulting02 Sep 202500:56:04

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Join us as I sit down with Ben Myers, President of Bullpen Research & Consulting, for a deep dive into the real estate market, condos, rentals, and market studies. Ben shares his journey into the real estate industry, the challenges faced by the market, and expert insights into condo and rental market trends. We discuss the impact of economic conditions, the role of government policies, and the future of real estate in the Greater Toronto Area. Tune in to understand the intricacies of development, market analysis, and the importance of data-driven decisions in real estate.

 

  • Deep Dive into Real Estate Analysis
  • Economic Trends and Market Predictions
  • Current Challenges in the Real Estate Market
  • Future Outlook and Industry Concerns
  • Small-Scale Projects and Missing Middle
  • Challenges in Housing Development
  • Insights from Podcast Interviews
  • Pitching to Doug Ford
  • Prefabricated Housing and Government Role
  • Future of the Housing Market

For more information, please refer to RealEstateDevelopmentInsights.com

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(35) Mid-Rise Manual - A guide to making better cities for the future - Robert Eisenberg of York Heritage Properties - Kelly Graham of SVN Architects - Conrad Speckert of LGA Architectural Partners19 Aug 202501:04:08

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Join us as we dive deep into urban development with a special focus on mid-rise housing. Our host welcomes a panel of experts, including Bobby Eisenberg, a partner at York Heritage Properties, Kelly from SVN Architects and Planners, and Conrad, an intern architect at LGA Architectural Partners. The discussion revolves around the importance of mid-rise housing, the hurdles in policy, approvals, and the impact on city infrastructure. Learn about the Environmental Defense Fund's efforts, the benefits of mid-rise buildings, and the critical need for systemic change to address urban sprawl, planning constraints, and the need for a more sustainable, livable cityscape. Don't miss this insightful episode packed with expert opinions, real-world challenges, and potential solutions for better urban living.

 

  • The Case for Mid-Rise Development
  • Challenges and Opportunities in Mid-Rise Development
  • Regulatory and Economic Considerations
  • Potential and Future of Mid-Rise Projects
  • Single Staircase in Building Design
  • Development Charges and Financial Implications
  • Challenges in Infrastructure and Development
  • Government Roles and Housing Policy
  • Approval Processes and Urban Planning

For more information, please refer to RealEstateDevelopmentInsights.com

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(34) A Conversation with A Real Estate Developer - Sherry Larjani - Spotlight Development05 Aug 202500:47:51

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The Canadian housing market faces significant challenges, from affordability crises to zoning restrictions that slow new development. Yet leaders like Sherry Larjani, founder and president of Spotlight Development Inc., are reshaping how we think about housing.

 

Spotlight on Inclusivity

Spotlight Development specializes in high-density residential and mixed-use projects designed to meet diverse community needs. Its flagship initiative, The Inclusive, blends affordable condominiums with wraparound services such as childcare, medical facilities, food assistance, and vocational training.

 

Why Inclusive Housing Matters

As Larjani notes, “Housing isn’t just about a roof; it’s about creating an environment where people can thrive.” This philosophy underpins projects like The Inclusive – Kitchener (~1,300 suites) and The Inclusive – Toronto (~2,000 suites), which integrate energy efficiency, community spaces, and essential services under one roof.

 

Policy and Affordability Challenges

Larjani is vocal about how zoning and land-use policies can either facilitate or hinder inclusive development. She argues for reforms that prioritize density and mixed-use zoning—keys to affordable and sustainable housing in fast-growing urban areas.

 

Women in Real Estate Leadership

A career highlight for Larjani was Reina Condos, the first condominium in Canada entirely developed by an all-female team. The project not only challenged traditional industry norms but also demonstrated how diverse perspectives lead to innovative housing solutions.

 

ESG and Community Impact

Larjani’s work extends beyond development. Through her Aria Foundation, she partners with nonprofits like Habitat for Humanity and BlackNorth to support low-income families. Her projects integrate ESG principles, showing how real estate can generate social impact alongside financial returns.

 

The Future of Development

Looking ahead, Larjani envisions scaling inclusive development models across Ontario and beyond. She continues to advocate for policy innovation, design excellence, and inclusive community engagement to create vibrant, equitable urban centers.

For more information, please refer to RealEstateDevelopmentInsights.com

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(33) 4-Plex to Mid-Rise: Best Development Opportunities in the GTA - Blair Scorgie - Scorgie Planning22 Jul 202501:06:14

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Join us in this informative episode where we sit down with Blair Scorgie, an accomplished Registered Professional Planner and urban designer based in Toronto. With over 17 years of experience spanning public policy, secondary plans, mid-rise housing, and development approvals, Blair brings a deep and practical understanding of Toronto’s complex planning environment.

In this conversation, we focus on a central question facing many new and aspiring developers today:
What is the best type of development project to pursue in Toronto right now—and why?

Blair walks us through the current approval climate across the GTA, comparing various typologies such as multiplexes, laneway and garden suites, six-plexes, and mid-rise buildings. We unpack which forms are actually getting built in today’s market, and which ones may be more aspirational than feasible. Blair also shares updates on recent policy shifts and what they mean for builders hoping to make a meaningful contribution to Toronto’s housing supply.

A must-listen for real estate developers, investors, and planners seeking clarity on what types of projects pencil out—and what to watch out for. This episode blends insider knowledge, policy breakdowns, and real-world strategies to help you navigate development opportunities in Toronto and the GTA.

 

Topics Covered

  • Navigating Toronto’s Real Estate Development Landscape
  • Multiplexes, Garden Suites, and Laneway Units: What Actually Works
  • The Rise (and Roadblocks) of 6-Plexes in Toronto
  • Major Streets and Mid-Rise Projects: A New Breed of Developer
  • How to Avoid the Most Common Approval Pitfalls
  • DC Charges, Site Constraints, and Garbage Loading (Yes, Really)
  • Precedent, Zoning, and the Power of Pack Meetings
  • The Appeal Process Explained: Major Streets Under Review
  • Why 3.5 Storey Walk-Ups May Be the City’s Most Underrated Typology
  • Blair’s Ideal Project: What He’d Build Today with $5M
  • What’s Missing in Our Housing Strategy: Transition Zones and Design Clarity
  • Advice for First-Time Developers in Toronto and the GTA

Scorgie Planning is a multi-disciplinary planning and urban design consultancy based in Toronto, Ontario. Founded in 2024, our company operates as a sole proprietorship in collaboration with a range of technical consultants. Scorgie Planning takes a diplomatic, rational and innovative approach to city building.

For more information, please refer to RealEstateDevelopmentInsights.com

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(32) What Long-Term Developers Do Differently in Uncertain Markets - Justin Aykler - Grid Development11 Jul 202500:54:21

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Join us in this engaging episode where we welcome Justin Aykler from Grid Developments and Aykler Real Estate. With over 20 years of experience in the real estate and development industry, Justin shares his journey from starting after his MBA to becoming a key player in his family business. We delve into the multifaceted aspects of real estate, from development cycles and market trends to dealing with financial challenges and leveraging family wisdom passed down across three generations. Justin provides valuable advice on navigating current market crises, the importance of thoughtful design tailored to end-users, and potential strategies for working with non-profits on affordable housing projects. A must-listen for anyone interested in real estate development and market dynamics, offering both practical insights and long-term strategic advice.

 

  • Family Business and Early Projects
  • Lessons Learned and Key Insights
  • Trends and Market Shifts
  • Development Charges and Project Challenges
  • Halloween Night Development Charge Crisis
  • Sunday School Lofts Success Story
  • Current Market Challenges and Land Value
  • Capitalizing on Market Shifts
  • Non-Profit Development Projects
  • Policy Hurdles and Future Directions
  • Generational Investment Strategies
  • Advice for the Next Generation

Grid Developments creates thoughtfully designed urban homes in Toronto’s most livable, vibrant neighbourhoods. Our interdisciplinary team is focused on great architecture and quality craftsmanship, bringing lasting value to homeowners and their surrounding communities.

GRID is a fusion of two companies with vast local expertise: Aykler and Co., a developer and builder with three generations of history, and Urban Fabric Developments, founded by George Popper, an architect with 35 years in practice and nearly 1,000 completed projects. These decades of experience have been united into a tightly knit team of designers, brokers and builders. With expertise in architecture, planning, construction, marketing, sales and financing, our integrated approach to development ensures no detail is overlooked. We take great pride in creating distinctive urban homes.

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(42) All about Multiplex Housing: Data from 452 Multiplex Building Permits - Daniel Kolominsky - Senior Planner at City of Toronto25 Nov 202501:08:00

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In this episode of the Real Estate Development Insights podcast, host Payam speaks with Daniel Kolominsky, Senior Planner with the City of Toronto. Together, they explore the City’s Multiplex Monitoring Report, unpack the development review process, and examine how new regulations are shaping multiplex housing across Toronto. The conversation sheds light on the drivers behind permit activity, approval timelines, construction costs, and emerging trends that will influence the next phase of urban planning. Tune in for a data-driven discussion on how Toronto is working to expand housing options and support more accessible, diverse communities.


  • The Role and Impact of City Planning
  • Challenges and Improvements in Development Review
  • Insights from the Multiplex Monitoring Report
  • Approval Timelines and Construction Insights
  • Geographical Distribution of Permits
  • Factors Influencing Multiplex Locations
  • Challenges and Considerations for Multiplex Construction
  • Tracking and Potential of Multiplex Developments
  • Building Structures and Permit Trends
  • Cost Estimations and Lot Sizes
  • Lessons Learned and Future Steps
  • Final Thoughts and Advice for Applicants


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(43) Modern Methods of Construction & Canada’s First 3D Printed Building - Amy Vilis, Leigh Newman, Stephan Mansour09 Dec 202501:07:24

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In this episode of the Real Estate Development Insights podcast, host Payam Noursalehi dives into the fascinating world of digitization, new-age technologies, and construction innovation in real estate development. Joined by three esteemed guests—Amy Villis, Leigh Newman, and Stephan Mansour—the discussion explores the potential of 3D printing, AI, and other digital solutions in transforming the housing industry. Amy, Director of Housing Growth Innovation at Digital, provides an overview of her organization's mission and the projects they're investing in. Leigh, CEO of Print, shares insights on the challenges and successes in adopting 3D printing in construction. Stephan Mansour talks about the importance of standards and certifications in advancing new technologies. Together, they examine the current state of the industry, regulatory hurdles, and the critical role of innovation in meeting housing demands. Tune in for an in-depth conversation on how these pioneering approaches can lead to better, more sustainable homes.

  • Housing Growth Innovation
  • What is Additive Construction?
  • 3D Printing Standards for Construction
  • Challenges and Innovations in Construction
  • The Role of Data in Housing Innovation
  • Easing Innovation into the Construction Ecosystem
  • Concerns About New Technologies in Construction
  • Challenges with Adoption and Implementation
  • Record-Breaking 3D Printed Building Project
  • Navigating Regulatory and Permitting Hurdles
  • On-site Quality Assurance and Innovations
  • Material and Technology Integration

https://mid-rise.ca/

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(54) How Institutional Capital Thinks About Real Estate Development Risk - Jeff Thomas - KingSett Capital07 May 202600:52:19

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In this episode, Jeff Thomas, Group Head of Development at KingSett Capital, explains how the Canadian private equity firm invests in Canadian commercial real estate through development, joint ventures, and lending. He describes transitioning from brokerage (co-founding and selling Ashler Urban to Cushman & Wakefield) to development, emphasizing that long-term relationships, trust, transparency, and early delivery of bad news are critical to managing risk across KingSett’s roughly 55 projects with a small internal team. Thomas discusses “premium risk-weighted returns” as achieving strong returns relative to managed, less volatile risk. He details Toronto’s 50 Wilson Heights affordable-housing project (about 750 units in phase one, half affordable) on a prepaid ground lease, involving over 50 initial agreements, CMHC financing, and geothermal sustainability, and notes construction is in early structural work. He says Toronto condos are “dead” due to a large gap between resale and new-launch pricing, with development charges and HST seen as key barriers. He advises smaller builders to get close to customers and highlights modular/precast delivery at West Square as a path to speed, standardization, and affordability, while wishing policymakers would truly prioritize housing.

00:00 Meet Jeff Thomas
00:56 From Brokerage to KingSett
03:17 Relationships and Trust
06:55 Picking Deals and Pricing Risk
10:06 Transparency Builds Trust
13:14 Risk-Weighted Returns Explained
15:30 Inside 50 Wilson Heights
20:52 Construction Progress Update
22:17 Lessons From 50 Agreements
24:51 Condo Market Reality Check
26:22 Costs Fees And Taxes
29:36 Midrise Developer Playbook
30:57 Know Your Customer First
33:27 Modular Project Deep Dive
35:04 Standardization Versus Red Tape
41:44 Partnering With KingSett
44:43 Trends To Be Optimistic
48:22 Magic Wand Policy Wish

#RealEstateDevelopment #PurposeBuiltRental #DevelopmentRisk #AffordableHousing #TorontoRealEstate 

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(53) Why Better Buildings Start With Structure, Not Finishes - Stuart Wilson - Alterra Development21 Apr 202600:51:59

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In this episode of the Real Estate Development Insights Podcast, Stuart Wilson, President of Alterra Developments, shares his path from Scotland (quantity surveying and construction management) to Hong Kong civil projects and then Canada, where he joined Alterra about 10 years ago after planning a move into development. He explains that value engineering should focus on structural efficiency rather than cutting visible finishes, arguing that buyers and renters value tactile elements like flooring, kitchens, and fixtures.

Stuart discusses Alterra’s emphasis on integrity, design quality, and “city building,” and contrasts condos—often driven by investors and characterized by shrinking unit sizes—with purpose-built rentals, where long-term ownership demands greater attention to operations, layouts, and livability. He details Alterra’s CreateTO partnership and advises developers to approach CreateTO with a social lens, meticulous diligence, and strong legal support. He reflects on the challenges of building the Ace Hotel during COVID, stresses rigorous proforma knowledge, calm problem-solving, and partner selection based on trust, then calls for more predictable costs and criticizes escalating fees and development charges that undermine project viability.

  • Why Become a Developer
  • Optimism Versus Risk
  • Spend on What Matters
  • Alterra Values and Integrity
  • Rentals Versus Condos
  • CreateTO Affordable Housing
  • Bidding and RFP Advice
  • Unlocking Nonprofit Projects
  • Choosing the Right Partners
  • ACE Hotel Challenge
  • Framework for Daily Crises
  • Optimism and Better Homes



 #RealEstateDevelopment #TorontoRealEstate #GTARealEstate #HousingDevelopment  #UrbanDevelopment  #PurposeBuiltRental  #AffordableHousing #RentalHousing
 #HousingSupply #MixedIncomeHousing #RentControlledHousing  #CreateTO 

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(44) What 30,000+ Renter Surveys Tell Us About Balconies, Parking, Layouts, etc. - Data for your next rental - Sarah Segal - SimplyDBS23 Dec 202500:57:11

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In this episode, Sarah Segal, CEO of Simply DBS, delves deep into the world of real estate analytics and what it means to be a data-driven landlord. Sarah shares her extensive background in commercial real estate and offers insights on how data can enhance decision-making across housing, office, retail, and industrial spaces. The discussion covers various aspects, from the importance of predictive analytics and community building to the impact of AI and technology on property management. Learn about the significance of tenant data, trending preferences in housing layouts, and the critical role of community and safety in retaining tenants. Whether you're a seasoned developer or new to real estate, Sarah's expertise offers invaluable guidance on leveraging data to improve property management and development strategies.

  • Discussion on Real Estate Development
  • Purpose-Built Rentals vs. Condos
  • Survey Methodology and Data Collection
  • Insights from Tenant Surveys
  • Addressing Tenant Needs and Preferences
  • Balconies and Building Design Considerations
  • Safety, Technology, and AI in Real Estate
  • AI in Property Management
  • Importance of Quick Maintenance Response
  • Connected Living Experience
  • Essential Amenities for Modern Living
  • Community Building and Resident Retention
  • Designing for Resident Needs
  • Leveraging Data for Development Decisions
  • Challenges and Solutions in Property Management

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(52) Single-Stair in Canada: What’s Actually Changed and What Still Has to Happen - Conrad Speckert & Jack Keays08 Apr 202600:35:12

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In this episode, Payam interviews building code consultants Conrad and Jack about the push to allow single-stair residential buildings in Canada, especially in Ontario and Toronto. Conrad defines single-stair missing-middle apartments as small 3–6 storey buildings with short corridors and fewer units per floor, contrasting them with typical North American double-stair, long-corridor layouts, and explains how this affects design efficiency and project viability. 

Jack says Canada’s long-standing two-exit requirement (codified in 1941) persists despite major improvements in sprinklers, alarms, materials, and firefighting, and argues that single-stair can be made as safe through compensating measures and risk assessment. 

They review past attempts (1984 CMHC report, 1990s Ontario recommendations, 2010 sprinkler requirements), BC’s 2024 code change, Vancouver guidance, and Toronto’s slow alternative-solution approvals, noting a Delaware Avenue project took about a year. They highlight Edmonton’s advanced, metrics-based review process and advocate for codifying a clear Part 9 pathway similar to the U.S. model codes.

00:00 Welcome and Introductions
01:13 What Single Stair Means
03:48 Design Benefits and Efficiency
05:01 Why Codes Still Block It
08:47 How Reform Started Moving
11:51 Toronto Approvals and Lessons
16:38 Global and US Comparisons
19:29 Developer Path and Tradeoffs
21:31 Edmonton and Peer Review Model
29:02 What Needs to Change Next
31:37 Final Thoughts and Resources

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(51) Part Two - Why do some projects fail while others succeed? - The 6 Pillars of Development Success31 Mar 202600:38:26

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Lessons Learned: The Development Readiness Framework for Managing Real Estate Risk

 

Payam, hosts part two of a “lessons learned” series on Real Estate Development Insights, reframing real estate development as risk management requiring timely, effective decision-making. He introduces a six-pillar “development readiness” framework: (1) local market fundamentals—build what you should, not just what you can, considering rents, vacancy, long-term demand for purpose-built rentals, parking policy shifts in Toronto, transit timing risk, product-market fit, and site constraints like utilities, easements, and construction logistics; (2) capital structure and feasibility—projects rise or fall on the pro forma, investor scrutiny, realistic costs, equity reliability, financing mechanics, and clear exit plans; (3) ownership, tax, and liability—wrong legal/tax structuring can unravel deals, with risk handled by eliminating, transferring, mitigating, or accepting; (4) design and approvals—choose “slide vs push,” set targets, pursue risk-adjusted highest and best use, and build an experienced team; (5) execution—construction is highest risk, requiring strong preconstruction, realistic pricing, and careful procurement; (6) mindset—developers “bring the weather,” treat problems as inherent, and stay obsessively engaged (the “4-6-7-10” pattern).

 

00:00 Welcome and Setup

00:43 Recap Risk and Decisions

02:44 Six Pillars Overview

03:35 Local Market Fundamentals

08:44 Site Constraints and Logistics

10:41 Capital and Feasibility

15:40 Ownership Tax and Liability

19:57 Design and Approvals Strategy

27:25 Execution and Construction Risk

31:13 Mindset and Closing Thoughts

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(50) Why do some projects fail while others succeed? - The 6 Pillars of Development Success19 Mar 202600:25:54

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(50) The 6 Pillars of Development Readiness - Why some projects fail while others succeed?

 In the 50th episode of the Real Estate Development Insights podcast, Payam Noursalehi (president of Dena Project Management) thanks listeners and introduces shorter-format episodes featuring live events, updates, and practical frameworks alongside ongoing expert interviews. He explains the podcast’s core question—why some projects fail while others succeed—and argues that real estate development is fundamentally the business of risk management, where success depends on identifying, pricing, sequencing, and managing risks through effective, disciplined decision-making under uncertainty. Drawing on lessons from guests and references like Sheldon Rosen’s “Know your limit, stay within it” and Jack Welch’s question “What business are we in?”, Payam presents a non-scientific, living “Development Readiness Framework” to help, especially first-time developers, assess readiness amid growing opportunities in Toronto/Canada. The framework has six pillars: local market fundamentals, capital structure/financial feasibility, ownership/legal/tax liability, design and approval strategy, execution and risk management, and operational discipline/mindset, plus a free assessment at developmentreadinessassessment.com.

 

00:00 Welcome and Milestone

01:12 New Shorter Format

02:57 Why Start the Podcast

04:15 Why Projects Fail

06:44 Development Readiness Framework

07:47 Know Your Limit

08:25 What Business Are We In

10:42 Risk Management Core

13:01 Decision Making Under Uncertainty

15:25 Mindset and Discipline

16:39 Why This Matters Now

19:39 Six Pillars Overview

22:37 Free Assessment and Wrap Up

 

#RealEstateDevelopment #DevelopmentReadiness  #ProjectFeasibility  #RiskManagement #DeveloperMindset #Housing #HousingSupply #HousingAffordability #TorontoDevelopment #CityBuilding #GTARealEstate #CanadianRealEstate

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(49) Toronto Multiplexes: The Rules, Risks, and Reality - Janna Levit & Samantha Eby03 Mar 202600:54:43

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Architects Jana Levitt (LGA Architectural Partners) and Sam Eby (executive director of the not-for-profit Rehousing) discuss helping “citizen developers” navigate multiplex housing development in Toronto, especially multiplexes. They explain why the process is complex even for professionals, how Rehousing visualizes options and breaks down steps, and why early decisions include renovation/addition vs teardown/new build, costs, financing, assembling consultants, and clarifying personal goals. They distinguish what’s “possible” vs “viable” on a site, share rule-of-thumb lot dimensions for sixplexes, and highlight critical knock-ons like HST rebates, utility upgrades (e.g., transformers), committee of adjustment risk, and the misconception that “as-of-right” is a slam dunk. They also cover Part 3 Building Code thresholds, alternative ownership models, Jana’s demonstration multiplex project lessons, and point listeners to rehousing.ca and torontorehousing.ca tools.

  • What Is Rehousing?
  • Empowering Citizen Developers
  • First Steps for a Sixplex
  • Possible Versus Viable
  • Feasibility Tool Overview
  • Lot Size Rules of Thumb
  • Hidden Costs and Knock-Ons
  • As Of Right Myths
  • Neighbours And Variances
  • Risk Tolerance Strategy
  • Building Code Thresholds
  • Alternative Ownership Models
  • Co-Ownership Mortgage Risks
  • Self-Development and Capital

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