Episode 124: Matt and Taylor are joined by Shane Worman.
Shane is the Founder of Worman Commercial/Worman Homes from Kelowna, BC, who has been shaping the city for over 33 years with major residential and commercial projects. He is also a passionate community builder, with involvement in initiatives like Journey Home, the Downtown Kelowna Association, and the BC Cancer Foundation.
Shane is here to discuss:
→ His journey in real estate and what led him to Kelowna & Worman Commercial.
→ Why HGTV is the worst thing to happen to home builders, the impossibly high bar of consumer expectations, and who is really to blame for unaffordable housing expectations.
→ Shane's philosophy when it comes to commercial builds, why more builders don't take the same approach, and clashing with the city over what is best for their builds.
→ How he is able to find diamond in the rough properties, how he brainstorms designs for each project, and always looking for ways to bring out each buildings uniqueness.
→ The market in the next 5 years, the difference between investing & speculating, and why projects still can't pencil and investments are so hard to find today.
Worman Commercial/Worman Homes Website: https://www.worman.ca
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CHAPTERS
00:00 Cold Open
06:29 Today's Guest: Shane Worman
9:52 Why Move Away from Residential Builds?
14:51 Who's to Blame for the Unaffordable Housing Expectations?
17:42 Shane's Philosophy on Commercial Builds & Clashing with the City
22:34 Why Don't More Builders Take This Same Approach?
24:22 How Shane Comes Up with These Projects
26:10 Giving Kelowna a Facelift by Finding Diamonds in the Rough
33:30 Where Are the Investments & Why Projects Still Can't Pencil
37:18 The Market in the Next 5 Years - Invest, Don't Speculate
41:17 Wrap-Up
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CONNECT WITH THE SHOW
🎙️ Kelowna Real Estate Podcast: https://www.kelownarealestatepodcast.com
📺 Kelowna Real Estate Podcast YouTube: https://www.youtube.com/@KelownaRealEstatePodcast
📸 Kelowna Real Estate Podcast Instagram: https://www.instagram.com/kelownarealestatepodcast/
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CONNECT WITH MATT
🌎 Matt Glen's Website: https://www.venturecommercial.ca/our-team/matt-glen
📬 Matt Glen's Email: matt.glen@venturecommercial.ca
📸 Matt Glen's Instagram: https://www.instagram.com/realmattglen/
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CONNECT WITH TAYLOR
🌎 Taylor Atkinson's Website: https://www.venturemortgages.com
📬 Taylor Atkinson's Email: taylor@venturemortgages.com
📸 Taylor Atkinson's Instagram: https://www.instagram.com/venturemortgages/
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