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Commercial Real Estate Podcast

Aaron Cameron & Adam Powadiuk

Weekly Canadian commercial real estate show from lender First National employees, including lending/state-of-credit episodes.

Status: active · First National Financial

Episodes

  1. 42 min

    Why Developer Patience and Right-Sized Projects Could Define Toronto’s Next Turn with Riz Dhanji, RAD Marketing

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. Toronto’s condo market has slowed to a crawl, with record unsold inventory and rising closing defaults. But could a pivot to purpose-built rental, a smarter approach to selling inventory, and a looming supply gap set up the next upturn? In this episode of the...

  2. 53 min

    How Elections, AI, and Interest Rates Are Reshaping Canadian Real Estate with Adam Jacobs, Colliers

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. Canada’s commercial real estate market is navigating a period of uncertainty shaped by political shifts, evolving office leasing trends, AI adoption, and higher borrowing costs. But where are the opportunities emerging, and what should investors watch next? In this episode of the Commercial Real...

  3. 43 min

    Where Is the Next Real Estate Opportunity? Canada’s REIT Market with Mark Rothschild, Canaccord Genuity

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. Canada’s multifamily real estate sector is navigating a challenging market shaped by rising interest rates, shifting immigration policies, and record levels of new housing supply. But could today’s correction create the foundations for the next upturn? In this episode of the Commercial Real Estate...

  4. 41 min

    Why Canada’s Apartment REITs Could Be Poised for a Comeback, Brad Cutsey, President and CEO at CAPREIT

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. Canada’s multifamily real estate sector is navigating a challenging market shaped by rising interest rates, shifting immigration policies, and record levels of new housing supply. But could today’s correction create the foundations for the next upturn? In this episode of the Commercial Real Estate...

  5. 32 min

    State of Lending: What Rising Rates Mean for Commercial Real Estate

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. AI is reshaping commercial real estate, but the biggest barrier to adoption may not be technology; it may be fear. In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk discuss the new challenges from...

  6. 33 min

    How Indigenous-Led Development Is Reshaping Vancouver: Jennifer Podmore Russell, Nch’ḵay̓ Development Corporation

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. AI is reshaping commercial real estate, but the biggest barrier to adoption may not be technology; it may be fear. In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk welcome Jennifer Podmore Russell, Chief...

  7. 25 min

    Why Bigger Units and Longer Leases Win in Real Estate with William Lépine of Lépine Apartments

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. AI is reshaping commercial real estate, but the biggest barrier to adoption may not be technology; it may be fear. In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk welcome William Lépine, Senior Director...

  8. 46 min

    Values, Land Resets & BC Policy Friction with Mark Goodman, Owner and Principal Broker, Goodman Commercial

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. Vancouver’s multifamily market is navigating a dramatic pricing reset, driven by punitive demand-side policy, interest rate shifts, and severe land value contractions. In this episode of the Commercial Real Estate Podcast, recorded live at the Canadian Apartment Investment Conference 2026 and powered by First...

  9. 32 min

    Is Industrial Real Estate Finally Ready for a Rebound? Mike Bonneveld, President, Skyline Group of Companies

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. AI is reshaping commercial real estate, but the biggest barrier to adoption may not be technology; it may be fear. In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk welcome Mike Bonneveld, President at...

  10. 41 min

    Building Toronto: A Public Showdown on Housing Policy with Brad Bradford, Toronto City Councillor

    Welcome to the CRE Podcast: 100% Canadian, 100% commercial real estate. Today we are re-running an episode of the Commercial Real Estate Podcast, to celebrate Brad Bradford’s Mayoral run for Toronto by revisiting the episode record with him earlier. Brad discusses the pressing challenges in Toronto’s housing market and the intersection of politics and housing...

  11. 36 min

    The Real Risk in CRE Isn’t AI: It’s Waiting Too Long with Stephanie Wood, VP, Alate Partners

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. AI is reshaping commercial real estate, but the biggest barrier to adoption may not be technology; it may be fear. In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Stephanie Wood,...

  12. 30 min

    Why Canadian Shopping Malls Are Making a CRE Comeback with Julian Schonfeldt, CIO at Primaris REIT

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. What if the down cycles everyone fears are actually the best entry points for disciplined capital? Canadian shopping malls today may be one of real estate’s most overlooked opportunities. In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron...

  13. 41 min

    From 2022 Signals to Today’s Bottoms: Navigating Canada’s Real Estate Reset with Jeremiah Shamess, Executive Vice President at Colliers

    Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. What if the down cycles everyone fears are actually the best entry points for disciplined capital? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk welcome back returning guest Jeremiah Shamess, Executive Vice President...

  14. 33 min

    Canada’s Housing Crisis Isn’t What You Think: Mark Kenney, Former President and CEO of CAPREIT

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What can we learn about life, leadership, and the Canadian real estate landscape from someone celebrating his retirement after nearly three decades as the President and CEO of Canada’s largest publicly traded apartment landlord? In this celebratory episode of the Commercial Real Estate Podcast,...

  15. 51 min

    Greatest Hits: Rethinking City Building: A Radical Case Against Zoning with Dermot Sweeny, Founding Principal at Sweeny&Co Architects

    Welcome to the CRE Podcast. 100% Canadian, 100% commercial real estate. This is one of the episodes our audience keeps coming back to, and we’re putting it back in front of you because it deserves a wider audience than it got the first time. The arguments Dermot makes are just as sharp today as when...

  16. 41 min

    The Future of Condo Development in Canada Explained by Carlo Timpano, President of Capital Developments

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Carlo Timpano, President of Capital Developments, about the...

  17. 25 min

    State of Lending Part 2: Canada Mortgage Bond Liquidity & CMHC Policy Changes with Adam Powadiuk and Aaron Cameron

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In part two of a two-part episode on State of Lending on the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk discuss the latest...

  18. 19 min

    State of Lending Part 1: Why Capital Is Chasing Too Few Deals with Adam Powadiuk and Aaron Cameron

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In part one of a two-part hosts-only episode of the Commercial Real Estate Podcast, powered by First National, Aaron Cameron and Adam Powadiuk discuss the current state of lending in...

  19. 42 min

    Beyond the GTA: How Southwest Ontario’s Hidden Markets Are Attracting Capital with Michael Lambert, President of WHITNEY & Company Realty Limited, Brokerage

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Michael Lambert, President and Managing Partner at WHITNEY...

  20. 35 min

    The Housing Crisis Is a Systemic Problem: How to Fix Canadian Real Estate with Marlon Bray, EVP at Clark Construction Management

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Marlon Bray, EVP at Clark Construction Management, for...

  21. 33 min

    The $10.5B Blueprint: How Skyline Built a Real Estate Empire in Secondary Markets with Jason Castellan, Co-Founder and CEO of Skyline Group of Companies

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Jason Castellan, Co-Founder and CEO of Skyline Group...

  22. 29 min

    Rising Vacancies, Softer Rents, and What Comes Next with Anthony Passarelli, Lead Economist at CMHC – Southern Ontario

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Anthony Passarelli, Lead Economist for Southern Ontario at...

  23. 39 min

    Finding Hidden Value in Multifamily Real Estate with Braiden Goodchild, VP of Capital Formation and Strategic Transactions at Equiton

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Braiden Goodchild, VP of Capital Formation and Strategic...

  24. 39 min

    Why Self-Storage Might Be CRE’s Hottest Bet with Bliss Edwards, EVP at SmartStop Self Storage

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Bliss Edwards, EVP at SmartStop Self Storage, to...

  25. 31 min

    The Demographic Wave Driving Canada’s Next CRE Boom with Vlad Volodarski, CEO of Chartwell

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Vlad Volodarski, CEO of Chartwell Retirement Residences, to...

  26. 46 min

    Why Housing Policy Is Reshaping CRE Faster Than Markets, with Tony Irwin, President and CEO at Rental Housing Canada

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Tony Irwin, President and CEO at Rental Housing...

  27. 34 min

    Five Cycles and Still Standing: Building Townline, Rental Housing, and Fighting for Deregulation with Rick Ilich, CEO at Townline Homes Inc.

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What does it take to survive five economic downturns and come out stronger every time? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Rick Ilich, CEO of Townline Homes Inc.,...

  28. 50 min

    The Housing Crisis Isn’t Supply, It’s Policy Failure: Insights from Eric Carlson, Core-Founder and CEO of Anthem Properties Group Ltd.

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Eric Carlson, Core-Founder and CEO of Anthem Properties...

  29. 39 min

    Beyond Supply and Demand: The Future of Canadian Real Estate with Byron Chard, President and CEO of Chard Development

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Byron Chard, President and CEO of Chard Development...

  30. 42 min

    From Niche to Necessity: The Seniors Housing Surge with Sean McCrorie, Vice Chair and Practice Leader at Cushman and Wakefield

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Sean McCrorie, Vice Chair and Practice Leader at...

  31. 40 min

    Is PropTech The Real Solution for Housing Affordability? Insights from Tyler Ashby, Partner at GroundBreak Ventures

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Tyler Ashby, Partner at GroundBreak Ventures, to unpack...

  32. 44 min

    Greatest Hits: Building Against the Cycle: A Contrarian CRE Case with Adrian Rocca, CEO at Fitzrovia

    Welcome to the CRE Podcast. 100% Canadian, 100% commercial real estate. This is one of our most-listened and most-shared episodes, and we’re bringing it back because the conversation deserves a wider audience. The fundamentals Adrian lays out are as relevant today as when we first recorded, arguably more so. What if the biggest opportunity in...

  33. 42 min

    Is the Real Estate Reset Stalled, or Just Slower? Insights from Carl Gomez, Chief Economist at Centurion Asset Management Inc.

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Carl Gomez, Chief Economist at Centurion Asset Management...

  34. 29 min

    Why Industrial Condos Are Beating Rentals with Craig Hippern President and CEO of Mantella Corporation

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Craig Hippern, President and CEO of Mantella Corporation,...

  35. 32 min

    Liquidity, Risk, and Real Estate’s Comeback with Dennis Mitchell, CEO & CIO at Starlight Capital

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Dennis Mitchell, CEO & CIO at Starlight Capital,...

  36. 28 min

    Climate Risk, Capital Pressure, and CRE’s Inflection Point with Thomas Mueller, President & CEO at Canada Green Building Council

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Thomas Mueller, is a Founding Director of the...

  37. 25 min

    Beyond Locks and Cameras: Cyber Risk in CRE with Lachlan MacQuarrie, Industry Fellow at Intelligent Buildings LLC.

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Lachlan MacQuarrie, Industry Fellow at Intelligent Building LLC,...

  38. 25 min

    How to Build Inflation-Proof Real Estate Strategies with Jose Pellicer, Co-Founder and Partner at Evonite

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are joined by Jose Pellicer, Co-Founder and Partner at Evonite, for a timely conversation on...

  39. 26 min

    Surviving the Refinance Wall: Lessons from an $8B Portfolio with Sarah Esler, Managing Director of Mortgage Investments at AIMCo

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are joined by Sarah Esler, CFA, and Managing Director of Mortgage Investments at AIMCo, for a look inside an $8B institutional mortgage portfolio spanning Canada, the US, and Western...

  40. 26 min

    How Dutch Pension Capital Could Unlock Canada’s Housing Supply Shortage with Mark Siezen, CEO of Bouwinvest

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if international pension fund investment could unlock Canada’s housing crisis? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are joined by Mark Siezen, CEO of Bouwinvest, to unpack why Dutch institutional investors are increasingly focused on...

  41. 50 min

    Why the Easy Money Era in Real Estate Is Over, with Fred Cassano, National Real Estate Leader at PwC

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the “easy money” era in real estate is actually behind us? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are joined by Fred Cassano, National Real Estate Leader at PwC, to unpack the 2026 Emerging...

  42. 29 min

    The Housing Affordability Myth Politicians Won’t Touch with Aled ab Iorwerth, Deputy Chief Economist at CMHC

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if solving Canada’s housing affordability crisis was actually simpler than politicians make it? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are joined by Aled ab Iorwerth, Deputy Chief Economist at CMHC, for a data-driven conversation...

  43. 51 min

    Rethinking City Building: A Radical Case Against Zoning with Dermot Sweeny, Founding Principal at Sweeny&Co Architects

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the biggest barrier to solving Canada’s housing crisis isn’t capital or construction capacity, but zoning itself? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk sit down with Dermot Sweeny, Founding Principal at Sweeny&Co Architects, for...

  44. 27 min

    Repositioning Through Cycles: Portfolio Strategy at Scale with Salvatore Iacono, President and CEO at Cadillac Fairview

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if navigating a $27 billion portfolio could teach you how to thrive through market cycles? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk welcome Salvatore Iacono, President and CEO at Cadillac Fairview, for an in-depth conversation...

  45. 21 min

    The Data-Driven Future of CRE with Mike Maxfield, SVP of Business Technology at Brookfield Properties

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the data hidden in your buildings could unlock your next investment opportunity? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk welcome Mike Maxfield, SVP of Business Technology at Brookfield Properties, to unpack how data is...

  46. 27 min

    Building Against the Cycle: A Contrarian CRE Case with Adrian Rocca, CEO at Fitzrovia

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the biggest opportunity in Canadian real estate is hiding in plain sight? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk welcome back Adrian Rocca, CEO at Fitzrovia, for his fourth appearance on the show to...

  47. 35 min

    State of Lending 2025: What Lenders Want with Adam Powadiuk and Aaron Cameron

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. Following strong listener interest, we’re back with another State of Lending special. Canada’s lending landscape is entering a full-scale reset. In this new episode of Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk report from the Global Property Market Forum in Toronto,...

  48. 40 min

    How Off-Site Construction Can Fix the Housing Crisis Faster with Lisa Helps, Executive Lead of BC Builds

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if solving Canada’s housing crisis required rethinking how we build, finance, and approve new homes? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are at the Canada Builds Modular Symposium, and they sit down with Lisa...

  49. 48 min

    The Investment Gap Threatening Canada’s CRE Future with Bill Robson, CEO of the C.D. Howe Institute

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if Canada’s economic challenges weren’t just about markets, but about how we think and invest? In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are at the RealREIT Conference and sit down with Bill Robson, President and...

  50. 44 min

    How to Win in a Tight Capital Market: Insights from Justin Smith, President of Hawkeye Wealth

    Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. When capital dries up, only the strongest deals and the most disciplined investors survive. In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are at the RealREIT Conference and sit down with Justin Smith, President of Hawkeye Wealth,...