David Porte: Breaking Barriers in Real Estate

In this episode of the addy Podcast, Steve Jagger sits down with David Porte, President of Porte Communities, to discuss their journey as a family-run real estate business since 1968. They delve into Porte’s expansion into Alberta, the unique opportunities in Calgary’s rental market, and their innovative collaboration with addy to make real estate investment accessible to employees and the community. David shares insights into Porte’s operational strategies, their portfolio of properties on addy, and their plans for the future. Whether you're interested in real estate development, market dynamics, or democratizing property investment, this episode is packed with valuable insights.

Key Topics Covered
The story behind Porte Communities and their 50+ years in real estate.
How Porte manages and operates properties across Vancouver and Calgary.
The benefits of enabling employee participation in real estate investments.
Highlights of Porte’s properties on addy, including The Park at Willowglen, Altadore Townhomes, Airdrie Block, The Harrison, and Heartland Crescent.


Chapters
00:00 – Welcome & Introduction to David Porte
00:30 – Overview of Porte Communities
01:55 – Rental vs. Development Focus: Vancouver & Calgary
02:54 – How addy Enables Employee Investments
05:47 – Behind the Scenes: Porte's Team Operations
06:45 – Expanding to Alberta: Why and How
12:55 – The Altadore Townhomes: A Success Story
17:09 – The Harrison: A Vibrant Mixed-Use Development
20:25 – Heartland Crescent: Growing Communities in Cochrane
23:46 – Future Plans for Porte in 2025
25:10 – Alberta vs. BC: Rental Market Dynamics

Learn More:
https://addyinvest.ca/properties/will...
https://addyinvest.ca/properties/alta...
https://addyinvest.ca/properties/aird...
https://addyinvest.ca/harrison-presen...
https://addyinvest.ca/heartland-cresc...
Porte - https://porte.ca/

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Forward-Looking Statements
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