Real Estate Development: The Curtis Way

With political uncertainty, changing interest rates, tariffs and economic pressures dominating the headlines, is Alberta still a smart place to invest in real estate?

In this episode of the RMS Real Estate Development Podcast, Curtis Way welcomes back Darin Rayburn of KV Capital for a wide-ranging conversation about the future of real estate investment in Alberta and across Canada.

Curtis and Darin explore how political uncertainty, including discussions surrounding Alberta separation and developments in Quebec, is influencing investor confidence and decisions about where to deploy capital. Darin shares what he's hearing from investors and lenders across the country, including why some are taking a wait-and-see approach to new opportunities in Alberta.

The conversation also examines the impact of tariffs on construction costs and supply chains, the outlook for interest rates, and why developers need to build realistic contingencies into their financial projections. Drawing on decades of experience, Curtis and Darin discuss lessons learned during previous economic downturns and how periods of uncertainty can create opportunities for investors who are prepared.
They also look at Canada's housing needs, the importance of job creation, skilled labour shortages and why major infrastructure investments could help shape the future of Western Canada's real estate market.

Despite the challenges, both remain optimistic about Alberta's long-term potential, emphasizing the importance of strong partnerships, financial discipline and looking beyond the headlines when making investment decisions.
In This Episode:
  • How political uncertainty is affecting real estate investment in Alberta
  • What lenders and investors are saying about Alberta's future
  • The potential impact of Alberta and Quebec separatist movements
  • Why some investors are delaying decisions
  • How tariffs are affecting construction costs and material sourcing
  • The importance of contingency budgets in development projects
  • What developers should expect from changing interest rates
  • Why strong financial projections need to account for higher borrowing costs
  • Lessons learned from the 2008 financial crisis
  • Finding investment opportunities during economic uncertainty
  • Why maintaining access to capital is critical
  • The relationship between job creation, population growth and housing demand
  • Skilled labour shortages and their impact on future development
  • Why Alberta and Western Canada remain attractive investment markets
  • How developers can separate market noise from meaningful economic risks
The key takeaway: Successful real estate investing isn't about predicting every political or economic change. It's about understanding the risks, maintaining financial flexibility and recognizing opportunities when others are hesitant to act.
Whether you're an experienced developer, investor or simply interested in the future of Canada's real estate market, this episode offers practical perspectives on navigating uncertainty and positioning yourself for long-term success.

To learn more about the RMS Group, please visit: https://rms-group.ca/

This series was produced by Road 55 in Edmonton, Alberta – Learn more at: road55.ca

What is Real Estate Development: The Curtis Way?

Ever looked at a vacant piece of land and wondered how it becomes an apartment building, shopping centre, or thriving commercial property?

Join the team at RMS Group as they pull back the curtain on the world of real estate development. Through conversations with developers, investors, lenders, brokers, lawyers, property managers, and construction professionals, we'll explore the wins, the mistakes, the risks, and the opportunities behind every project.

From proformas and financing to market cycles, approvals, construction and property management, this podcast is designed for aspiring developers, experienced investors, and anyone interested in how great real estate projects get built.

Real stories. Real deals. Real lessons from the people doing the work every day.