BCBusiness

April 2019 – Thirty Under Thirty

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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S P E C I A L F E A T U R E property management sector. "Many knowledgeable clients are either preferring to focus on other things and turning to us to manage commercial properties, or they're reaching retirement age and discovering that their family and colleagues don't want to take over—and they are asking us for help." The fact that these clients are approaching Transpaci€c is heartening to Fram, who notes that many management €rms are either too big to give a property the personalized strategies it needs to grow in value, or they're too small to have the comprehensive accounting and operational systems in place that ensure a property is maintained e„ciently.… "We are solely focused on commercial management, as opposed to so many companies that capture some commercial business even though their true expertise is strata," says Fram. "This is a disadvantage to the unsuspecting commercial clients who engage these companies because strata specialists, for example, don't insure tenant improvements and rent as we do, nor do they review each and every property tax increase or €le appeals if they're deemed unreasonable—like we do." The clients who seek Transpaci€c's services also appreciate that commercial property managers are adept at answering questions, while those versed in strata tend to lob questions back to strata councils. Fram, who purchased Transpaci€c in 2008 and has been busy rebranding the 47-year-old €rm, says: "In my experience, we're almost business people €rst, and managers second." Transpaci€c's experienced team has deliberately targeted investors who don't have the time, systems, skills or interest in managing the day-to-day business of a residential rental or commercial property. They are able to put the right systems and strategies in place for each class of asset, thus oering large-€rm expertise along with personalized attention and service. ' Vancouver Convention Centre West Thursday, April 4, 2019 Register online at realestateforums.com/vancouverref Largest annual conference on real estate investment & management 1,200 ATTENDEES • 60 SPEAKERS QUALITY NETWORKING VREF19-BCBusiness-PrintAd-4.75x4.9375.indd 1 2/13/2019 3:24:33 PM YOUR INVESTMENT. OUR EXPERTISE. LET'S TALK. PROPERTY MANAGEMENT + STRATEGY www.transpacicrealty.com At Transpacic Realty Advisors, we provide property management services with a dierence; we work directly with you to increase your bottom line. We put comprehensive accounting and operational systems in place – just like the large global rms – and then we provide a level of personalized service and strategy like no one else. It's an approach that has helped our clients achieve success for more than 45 years. ONCE YOU BUY A PROPERTY, HOW DO YOU ENSURE THAT YOUR INVESTMENT REMAINS PROTECTED AND CONTINUES TO GROW? WE'RE THE OTHER HALF OF YOUR INVESTMENT SOLUTION

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