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In this episode of the Commercial Real Estate Podcast, Adam and Aaron sit down with Maxim Olshevsky, CEO of Astra Group Corp. They explore the challenges and triumphs of converting underutilized office spaces into vibrant residential units in Calgary. Maxim shares his journey in commercial real estate, insights on adaptive reuse, the role of municipal support, and strategies for space efficiency. The discussion offers valuable lessons on navigating market demands, financing challenges, and the potential of innovative real estate solutions.
Here are the key talking points from the episode:
- Maxim’s Journey into Real Estate
- Seizing Opportunities Amidst Crisis
- Navigating the Conversion Process
- Municipal Support and Incentives
- Designing for Tenant Needs
- Financing Challenges and Solutions
Maxim Olshevsky, CEO of Astra Group and Peoplefirst Developments, is a seasoned real estate and construction expert with over 20 years of experience. He is recognised for transforming underutilised properties and has revitalized multifamily, industrial, and commercial spaces, significantly impacting Calgary’s real estate landscape. His innovative work has earned accolades of Business in Calgary Leaders Award and a spot on Avenue’s Top 40 Under 40 in 2023. Currently, he focuses on converting vacant office towers into sustainable, affordable housing, demonstrating his dedication to enhancing urban living and promoting sustainable development in Downtown Calgary.
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