Rohit Gupta
Matt Rachiele
Forum Chairs:
Rohit Gupta, President, Rohit Group of Companies
Matt Rachiele, Managing Director, Calgary, Colliers International
In early December 2019, Calgary Sports and Entertainment Corporation, The City of Calgary and Calgary Municipal Land Corporation came to an agreement and announced a $550 million arena project. Once completed in 2024, the currently dubbed the Calgary Event Centre will add an extraordinary civic amenity that will serve residents and visitors for generations. What does this mean for development in and around the arena, particularly as it relates to the impact on East Victoria Park? When you look north to Edmonton, what have been some of the major benefits and outcomes resulting from ICE District and the Rogers Place development in revitalizing the inner city?
Cory Wosnack
Kate Thompson
Simon O'Byrne
Moderator:
Cory Wosnack, Principal, Managing Director, Avison Young
Panel:
Kate Thompson, President & CEO, CMLC
Simon O’Byrne, Senior Vice President, Business Leader, Community Development, Stantec
Under normal market conditions, no other real estate property category has attracted as much chatter in recent years as retail. Once a favourite of investors, this property class has been facing many increasing challenges for some time – and they are becoming more significant. COVID-19 resulted in the closure of all malls and most stores and restaurants due to health and safety government mandates. Due to the pandemic, retail has become a much more vulnerable property class. How significant will the casualties likely to be? Is the unexpected faster growth of online shopping short term or could it result in a permanent structural shift in the retail market? How have enclosed malls performed vs. power centres vs. grocery anchored centres vs. street front retail? What does the future hold for brick and mortar and online shopping? Can they co-exist together? How can landlords redefine the onsite retail experience for shoppers?
Eric Slatter
Ryan Darragh
Eve Renaud
Jeremy Thal
Jarett Thompson
Moderator:
Eric Slatter, Partner, Omada Commercial
Panel:
Ryan Darragh, Vice President, Leasing, Ronmor Holdings
Eve Renaud, Vice President, Rencor Developments Inc.
Jeremy Thal, President & CEO, Royop Development Corporation
Jarett Thompson, Chief Operating Officer, Cameron Corporation
A discussion focusing on the debt market and examining what borrowers can expect for the remainder of 2020 and beyond. While real estate continues to attract strong amounts of capital, how are lenders and other sources of debt and equity capital viewing Calgary and Edmonton? Where is their cost of capital heading? Who are the most active lenders in this market and what are they looking for? How are they assessing a deal and pricing it? What is their underwriting criteria? Are there any property classes that they are avoiding, reducing exposure to, or increasing pricing for? How will the strategies vary among the various types of debt lenders – from major banks and MICs to credit unions and private sources? How available is land and construction financing?
Jon Chia
Jessica Harland
Eric Horie
Rod Hunt
Roy Lall
Moderator:
Jon Chia, Chief Financial Officer, Pangman Development
Panel:
Jessica Harland, Managing Director, CMSI Pacific
Eric Horie, Senior Vice President, Trez Capital
Rod Hunt, Managing Director, Real Estate Lending, Business Financing Products, Royal Bank of Canada
Roy Lall, Director, Real Estate Lending, Otera Capital
Calgary and Edmonton are both in the midst of expanding their public transportation systems, with large provincial and federal investments going into the Green Line and Capital Line LRT expansions within the cities. The session will examine a number of projects to determine the primary market fundamentals and other factors responsible for these developments. Will these two LRT developments impact TOD within the region? How are developers assessing opportunities in the face of the construction costs and other pressures? What are some challenges or constraints to development and how can they be overcome? What are the most practical opportunities at this time? The session will also examine a wide range of projects and what can be learned from these experiences.
Chris Ollenberger
Patrick Briscoe
Chris Dulaba
Margaret Knowles
Tara Steell
Moderator:
Chris Ollenberger, Managing Principal, QuantumPlace Developments Ltd.
Panel:
Patrick Briscoe, Vice President, Development, Graywood Development
Chris Dulaba, Placemaker, Beljan Development Corporation
Margaret Knowles, Senior Vice President, Development, Morguard Investments Limited
Tara Steell, General Manager, Calgary Land, Dream Development
While oil and gas manufacturers continue to sit on the sidelines, maintenance and service companies have expanded in Edmonton.There is activity on the development side where currently Apex Business Park, Monarch Business Park and Discovery Business Park are three examples that are expected to be completed this year and 2021 respectively in Edmonton. In Calgary, while the city saw negative absorption in Q2 of 2020, Lowe’s announced plans for a 1.2M sq. ft. distribution centre just outside of the city limits. To what extent are new projects locating in the RMs that surround Edmonton and Calgary due to lower costs and quicker planning approvals? How is the industrial real estate market performing overall particularly through the pandemic? Has the surge in online shopping created significant pressure for more logistical space? How are the requirements of next generation warehousing likely to affect the market? How much speculative building is occurring in these markets?
Andy Horvath
Dan Alexander
Phil Brown
Marshall Toner
Matthew Woolsey
Moderator:
Andy Horvath, Partner,Industrial, Cushman & Wakefield Edmonton
Panel:
Dan Alexander, Director, Industrial Leasing, Oxford Properties
Phil Brown, Vice President,Acquisitions & Leasing, Industrial, Hopewell Development
Marshall Toner, Managing Director & National Lead, Industrial, JLL
Matthew Woolsey, President, York Realty Inc.
Brandon Kot
Devon Howsam
Duncan MacLean
Stephen Robertson
Dave Young
Moderator:
Brandon Kot, Managing Partner, Edmonton, Canada ICI Capital Corporation
Panel:
Devon Howsam, Vice President, Acquisitions & Asset Management, Crestpoint Real Estate Investment Ltd.
Duncan MacLean, Senior Vice President, CBRE Limited
Stephen Robertson, Head of Acquisitions, Canada, LaSalle Investment Management
Dave Young, Managing Director, CBRE Limited
Andrew Usenik
Thom Mahler
Stephanie McCabe
Kathy Davies Murphy
Mike Saunders
Moderator:
Andrew Usenik, Partner, Strata Development Corp.
Panel:
Thom Mahler, Manager, Urban Strategy, City of Calgary
Stephanie McCabe, Deputy City Manager, Urban Form & Corporate Strategic Development, City of Edmonton
Kathy Davies Murphy, Manager, Growth Funding & Investment, City of Calgary
Mike Saunders, Senior Vice President, Qualico Properties
Matt Rachiele
Micheal Dal Bello
Scott Hutcheson
William Logar
Blair Welch
Moderator:
Matt Rachiele, Managing Director, Calgary, Colliers International
Panel:
Micheal Dal Bello, Senior Vice President, Real Estate, AIMCo
Scott Hutcheson, Executive Chair, Aspen Properties
William Logar, Executive Vice President, Asset Management, KingSett Capital
Blair Welch, Founding Partner, Slate Asset Management L.P.