Event Details

Join Us for a 1-Day Workshop on Purpose-Built Rental (PBR) Development


This October, dive into the intricate world of purpose-built rental (PBR) development with our comprehensive 1-day workshop. Designed for members of the development industry, this workshop offers an in-depth exploration of the key stages in the rental development process.


Some key focus areas of this workshop include:


  • The Pro Forma: What is involved in the development a PBR? How do all the pieces fit on the proforma? What are the risks to watch out for?
  • Acquisitions: Learn what to consider when buying a development site for rental housing, including municipal policy considerations and location considerations.
  • Tenant Relocation: Discover best practices for tenant relocation, ensuring a smooth transition for residents.
  • Financing & Incentives: What does it mean to meet affordability requirements? Explore the financial programs available to support PBR projects and learn about the challenges and opportunities associated with these projects.
  • Approvals & Regulations: What is the difference between a PBR and Condo? What are some of the advantages and challenges between the two? Learn how to navigate the municipal process with ease and efficiency.
  • Designing for Long Term Value: Learn about innovations that could be particularly beneficial to rental housing development and considerations in designing for functionality and durability, and amenities.
  • Initial Lease Up: Learn about strategies for managing initial move-ins and address key questions such as timing of pre-registrations, tours, and associated risks with timing on the lease signings.


Whether you're new to the field or looking to deepen your expertise, this workshop is an invaluable opportunity to expand your knowledge and network with industry peers. Don't miss out on this chance to advance your PBR development skills!

Speakers

  • Byron Chard (President & CEO of Chard Development LTD.)

    Byron Chard

    President & CEO of Chard Development LTD.

    Byron Chard is President & Chief Executive Officer of Chard Development Ltd, an urban real estate development firm established in 1994. As President & Chief Executive Officer, Byron has continued to extend the company’s focus beyond market condominium development to also include purpose-built rental, affordable home ownership, strata commercial and hotel development in Victoria, Vancouver and North Vancouver. To date, Chard has delivered over 1,800 homes with over 3000 more homes, of which over 2,500 are rental, and multiple hotels in the development and/or planning phase. Chard continues to expand its vertical integration and strategic partnerships to deliver a diversity of homes and community spaces.

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  • Alan Haigh (Founding Partner, Commercial Mortgage Broker at Impact Commercial)

    Alan Haigh

    Founding Partner, Commercial Mortgage Broker at Impact Commercial

  • Cynthia Jagger (Commercial Real Estate Broker at Dexter Realty)

    Cynthia Jagger

    Commercial Real Estate Broker at Dexter Realty

    Cynthia Jagger has become one of Vancouver’s most sought-after commercial real estate brokers. Working on some of the city’s most complex and high-profile transactions, she’s completed over $2 billion in sales volume since 2016.

    As a former commercial appraiser, an emphasis on analytics has earned her a seat at the most influential tables in Vancouver real estate, such as the Urban Development Institute. As a member of UDI’s Board’s and Executive Committee, Cynthia liaises with industry stakeholders and policymakers to assist with the understanding of land development economics and market conditions. Additionally, as Vice-Chair of the Rental Housing Issues Committee, she is at the forefront of the rental housing discussion in Canada.

    A frequent panelist on real-estate industry forums, Cynthia is sought by provincial and national organizations for her commentary, along with media bastions such as the Globe and Mail.

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  • Michael Mullen (Founding Partner, Commercial Mortgage Broker at Impact Commercial Group)

    Michael Mullen

    Founding Partner, Commercial Mortgage Broker at Impact Commercial Group

  • David Sander (Director of Hollyburn Properties Ltd.)

    David Sander

    Director of Hollyburn Properties Ltd.

  • Navi Sivia (Principal/Owner at AZURE Properties Group)

    Navi Sivia

    Principal/Owner at AZURE Properties Group

    Building on the family legacy, Navi has immersed himself in construction and land development since the 1990s. He spent much of his childhood evenings and weekends helping and working with his father in all facets of design and construction. He continued his passion for his industry by completing his Bachelor's in Construction Management in the evenings and weekends while working days. He formalized his training with an emphasis on design and development by earning a Master of Architecture and a Master of Urban Planning. Navi's creativity and knowledge of all things real estate-related, make him one of the most innovative and accomplished experts in the industry.

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  • Cameron Thorn (Senior VP Development at Strand)

    Cameron Thorn

    Senior VP Development at Strand

  • James Tod (Principal at JTA Development Consultants)

    James Tod

    Principal at JTA Development Consultants

  • Wendy Waters (VP, Research & Strategy at GWL Realty Advisors)

    Wendy Waters

    VP, Research & Strategy at GWL Realty Advisors

Fine Print

Cancellation Policy: 

14 days written notice to cancel with no penalties. Substitutions allowed. 


**Please note our new "Transfer Ticket" feature.


For registrations under your name, you can now transfer them to someone else. To use this feature, click on the three dots in the registration confirmation / ticket, and select "Transfer Ticket."

Keep in mind that the recipient must accept the transfer for it to be completed. For any changes within 72 hours of the event, please email us directly.

Agenda

07:30 - 08:15
Breakfast & Registration
08:15 - 08:20
UDI Welcome
08:20 - 08:30
Sponsor Remarks
08:30 - 08:45
Setting the Stage
08:45 - 09:45
Module 1: Acquisitions
09:45 - 10:45
Module 2: Proforma
10:45 - 11:00
AM Break
11:00 - 12:00
Module 3: Financing
12:00 - 13:00
Lunch
13:00 - 14:00
Module 4: Approvals & Regulations
14:00 - 15:00
Module 5: Tenant Relocation
15:00 - 15:15
PM Break
15:15 - 16:15
Module 6: Designing for Long term Value & Lease Up