Page 13 - Canadian Industry Online

How do you make sure you are well prepared to develop a property in a new market?Jonathan: We send our team into a market three months prior to do re- search, nd realtors, people looking to buy homes, contractors, designers, and any other local expertise and talent we need. The process is quite in-depth. We nd a local general contractor on every single project, so that when we leave there’s still a warranty on all the work. We want to make sure our home-“The more in ated a market is and more expensive, the more you have to look at your margins. Make sure you’re considering your carrying costs.”July, 2017 | Canadian Industry Online| 13