{"id":1999,"date":"2012-10-30T12:06:11","date_gmt":"2012-10-30T16:06:11","guid":{"rendered":"http:\/\/traceyarial.com\/blog\/?p=1999"},"modified":"2013-05-30T13:16:25","modified_gmt":"2013-05-30T17:16:25","slug":"legends-calgary-real-estate","status":"publish","type":"post","link":"https:\/\/traceyarial.com\/blog\/en\/legends-calgary-real-estate\/","title":{"rendered":"Legendary Success in Real Estate Investment"},"content":{"rendered":"

Real Estate Experience Helps When Negotiating Trends, Risks and Opportunities in Calgary<\/span><\/strong><\/p>\n

What does it take to build success over time in the Calgary market?<\/p>\n

\"Love<\/a><\/p>\n

Great real estate investment is all driven by risk assessment,\u201d says Jon Love, a managing partner with KingSett Capital and former head of Oxford Properties Group. \u201cAnd risk assessment is an art, not a science.\u201d<\/span><\/p>\n

Love claims that risk assessment was just as crucial to the investment decisions he made with Oxford in the 90s as those he\u2019s making with KingSett 20 years later, even though the two eras and companies are mirror images. While he was building a portfolio at Oxford, Calgary\u2019s economy was stagnant with high vacancy rates for commercial space. Now he invests in third-party projects and Calgary has little commercial vacancy.<\/p>\n

\"ArthurLloyd\"<\/p>\n

What\u2019s going on in the city is really what drives the cycles,\u201d says Arthur Lloyd, Ivanhoe Cambridge\u2019s executive VP and Killam Properties founding shareholder. Growth in the energy sector has created a financial and capital market services industry in Alberta. \u201cMost of the Canadian and US significant investment banking firms have offices in Calgary, and that wouldn\u2019t have been the case 20 years ago\u2026I\u2019m starting to see capital markets expertise which used to be something the energy business went to Toronto or New York for and now there\u2019s starting to be a significant pool of talent here in Calgary.\u201d<\/span><\/p><\/blockquote>\n

A growing market and an increasing need for space, labour and energy could be even stronger in the coming years, says Don Fairgrieve-Park, Bentall\u2019s Real Estate Services Senior Vice President.<\/p>\n

The oil sands have really taken over industry in the province and the price of natural gas has been depressed over the last number of years; if that rebounds, this place is going to be crazy.\u201d<\/p>\n

Note: This article was published on pp 38-40 of Canada’s Leading Real Estate Forum, Ottawa, Fall 2012.<\/p>\n","protected":false},"excerpt":{"rendered":"

Real Estate Experience Helps When Negotiating Trends, Risks and Opportunities in Calgary What does it take to build success over time in the Calgary market? Great real estate investment is all driven by risk assessment,\u201d says Jon Love, a managing partner with KingSett Capital and former head of Oxford Properties Group. \u201cAnd risk assessment is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_wp_convertkit_post_meta":{"form":"-1","landing_page":"0","tag":"0","restrict_content":"0"},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[30],"tags":[],"class_list":["post-1999","post","type-post","status-publish","format-standard","hentry","category-canada","post-wrapper","thrv_wrapper"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2buQs-wf","jetpack-related-posts":[{"id":1831,"url":"https:\/\/traceyarial.com\/blog\/en\/peter-ballon\/","url_meta":{"origin":1999,"position":0},"title":"Going in Partnership Where Markets Lead","author":"Tracey Arial","date":"November 28, 2012","format":false,"excerpt":"\u201cWe invest with the intention of holding the real estate indefinitely,\u201d says Canada Pension Plan Real Estate Expert The real estate market has been particularly hot over the past couple of years, but it\u2019s likely to quiet down now. \u201cLast year and the previous year were great years to be\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"Ballon headshot","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/Ballon.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1992,"url":"https:\/\/traceyarial.com\/blog\/en\/new-players-calgary\/","url_meta":{"origin":1999,"position":1},"title":"New players increase competition in opportunity-rich Calgary","author":"Tracey Arial","date":"October 30, 2012","format":false,"excerpt":"Luxury, Small Spaces and Mixed-use Trending in Rapidly-Expanding Retail Market With some fifteen new retailers looking at entering the Canadian market through Calgary, the competition for good high-traffic locations in populated areas with dependable labour is becoming fierce. The demand is strong both from the United\u00a0States and internationally, and what\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"Schmidt headshot","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/DarrylSchmidt-107x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1882,"url":"https:\/\/traceyarial.com\/blog\/en\/mid-size-market-opportunities\/","url_meta":{"origin":1999,"position":2},"title":"Mid-size Market Opportunities via growth, creativity and services","author":"Tracey Arial","date":"November 29, 2012","format":false,"excerpt":"Many of the assets in our market have potential to add more density, as planners become more open to the infilling concept says Manitoban real estate expert Mid-size markets in the west are growing briskly, says Sandy Shindleman, president of Shindico Group, a commercial-based real estate investor based in Winnipeg.\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"Shindleman headshot","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/Shindleman.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1985,"url":"https:\/\/traceyarial.com\/blog\/en\/mixed-use-calgary-developers\/","url_meta":{"origin":1999,"position":3},"title":"Issues Concerning Calgary Developers","author":"Tracey Arial","date":"October 30, 2012","format":false,"excerpt":"Developers of mixed-use projects for downtown Calgary say that projects work well as long as partners share a common vision and retail, commercial and residential uses are kept separate. You have to share the same desire for mixed-use because it is not easy to do,\u201d says Todd Werre, Development Vice\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"HeritageStationCalgary","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/HeritageStationCalgary-150x60.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1940,"url":"https:\/\/traceyarial.com\/blog\/en\/rollinstanle\/","url_meta":{"origin":1999,"position":4},"title":"Calgary Risks Becoming Too Expensive","author":"Tracey Arial","date":"October 29, 2012","format":false,"excerpt":"Growth based on nodes and corridors, diverse product and creative financing are key to avoiding that fate, says Calgary's new city planner Rollin Stanley The greatest challenge in growing cities is finding a way to increase population and improve infrastructure without becoming so costly that people can\u2019t afford to live\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"RollinStanley","src":"https:\/\/i0.wp.com\/traceyarial.com\/blog\/wp-content\/uploads\/RollinStanley.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15675,"url":"https:\/\/traceyarial.com\/blog\/en\/commercial_real-estate\/","url_meta":{"origin":1999,"position":5},"title":"Canadian Commerical Real Estate Mostly Healthy","author":"Tracey Arial","date":"May 12, 2014","format":false,"excerpt":"Other than potential saturations in the office markets in Toronto, Edmonton and perhaps Montreal, the fundamentals for commercial real estate in Canada are strong. 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The fundamentals are very good in Edmonton, in terms of industrial, retail, and\u2026","rel":"","context":"In "Canada"","block_context":{"text":"Canada","link":"https:\/\/traceyarial.com\/blog\/en\/category\/canada\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/comments?post=1999"}],"version-history":[{"count":8,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1999\/revisions"}],"predecessor-version":[{"id":2006,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/posts\/1999\/revisions\/2006"}],"wp:attachment":[{"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/media?parent=1999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/categories?post=1999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/traceyarial.com\/blog\/wp-json\/wp\/v2\/tags?post=1999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}