B . C . D E V E L O P M E N T
Seeking Solutions for B.C.
As the real estate landscape changes, key players constantly evolve
Forum tackles
pressing issues
M
ichael Hungerford,
partner at Hungerford
Properties, is
particularly excited
about the upcoming
Vancouver Real Estate Forum,
to be held at the Vancouver
Convention Centre West on
April 4—and not just because
he is the event's chair and
moderator of the closing panel.
He says: "For this year's
forum, our lineup of speakers
is the best we've ever had, and
the issues we'll be discussing
are pressing issues—namely,
housing aƒordability,
the di„culty in getting
development approvals, and
tight labour markets. This puts
our industry in a far more
challenging spot than where it
was just a few years ago."
But don't expect gloom and
doom on April 4. "Instead,
we take the view that for
every challenge there is an
opportunity," says Hungerford.
"For example, we strongly
believe the private sector
has the will and wherewithal
to solve the aƒordability
problem, and by working with
government we can ‰gure out
the regulatory framework in
which companies can operate
to achieve this end."
Hungerford adds: "Delegates
to the forum will hear the word
collaboration a lot because
at the end of the day, taking
a collaborative approach is
the only way to come up with
eƒective solutions. And since
our economy is so strong,
and B.C. is such a desirable
place to live, we're con‰dent
that feasible strategies can be
reached."
Participants at the 2019
Vancouver Real Estate Forum
include Altus Group, Colliers
International, CoStar, and many
other major players from the
real estate and ‰nancial sectors.
Topics range from foreign
capital "ow trends to the
future of industrial real estate
in Vancouver—in addition to
housing aƒordability.
"The time has come to seize
the opportunities arising from
our changing industry, and
I think people attending this
year's forum will come away
with lots of great ideas on how
to move forward successfully."
Expertise in
management
Rod Fram, president of
Transpaci‰c Realty Advisors,
has noticed a unique shift that
is occurring in the commercial
S P E C I A L F E A T U R E
Vancouver's largest industrial acquisition this decade, 86 Southeast
Marine Drive, represents the future for development possibilities
PHOTO
COUR
T
ESY
HUNGERFORD
PROPER
TIES
Michael Hungerford
