Vancouver Commercial Real Estate Podcast

Providing real-time insight into today's commercial real estate industry.

Podcast Image
November 20, 2024
VCREP #151: Capital Gains, Taxes, and the Changing Face of Development with Derick Fluker

Powered by RedCircle

This week, Cory and Adam are joined by Derick Fluker, Senior Vice President of Acquisitions & Asset Management at Wesgroup Properties, to tackle a pressing issue in real estate development: how rising costs and taxes are reshaping decisions for developers.

In this insightful episode, Derick dives into how changes in capital gains inclusion rates, Metro Vancouver’s fee increases, and shifting market dynamics are influencing whether developers hold onto income-generating properties like shopping centres or pursue new housing developments. Through real-world case studies, Derick illustrates the tough decisions developers face, like choosing between a multi-tower residential project or maintaining a grocery-anchored shopping centre.

If you’re curious about the complex relationship between policy, taxes, and housing supply, then this is a must-listen conversation.

View Episode Summary

More Episodes

View All Episodes

Vancouver Commercial Real Estate Podcast

For all the curious minds interested in commercial real estate investing, grab a coffee and pull up a chair because we have exclusive stories and tips from commercial real estate brokers, investors, developers, economists, urban planners, and everyone in-between. From the successes and failures to the motivations and lessons learned, the Vancouver Commercial Real Estate Podcast is your insight into commercial real estate in Vancouver, Victoria, Kelowna, and beyond.

What's the best real estate market to invest in? What are the commercial real estate asset classes and property types? Hosted by Cory Wright, founder of William Wright Commercial, and co-hosts Adam and Matt Scalena of the Vancouver Real Estate Podcast, our podcast opens the door to real estate investing for everyone from beginner investors to experienced real estate professionals. New episodes are released every Tuesday. Follow the Vancouver Commercial Real Estate Podcast on Apple Podcasts, Spotify, YouTube Music, or your favourite streaming platforms.

Podcast images
Follow @vcrepodcast

This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.