{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"From $16K Homes to Billion-Dollar Developments: How Broccolini Navigates Today\u2019s Real Estate Crisis","description":"In this episode, Axel sits down with Michael Broccolini to break down how one of Montreal\u2019s most influential real estate families evolved from building single homes to shaping entire skylines. They dive into the realities of today\u2019s market, from rising interest rates and frozen condo launches to shifting immigration policies and their impact on housing demand. Michael shares how Broccolini is adapting its strategy by moving away from speculation, doubling down on rental housing, and expanding into new asset classes like self-storage, retail, and data centers. This conversation offers a rare behind-the-scenes look at how top developers think in uncertain markets, how they manage risk at scale, and where the biggest opportunities lie over the next decade. Topics and timestamps \ud83c\udfd7\ufe0f Origins of Broccolini and early growth (00:01:55) \ud83d\udcc8 From homebuilding to large-scale development (00:02:43) \ud83d\udc77 Learning the business from construction sites (00:03:20) \ud83c\udfd9\ufe0f New Griffintown projects and urban densification (00:05:01) \u23f3 Why real estate approvals and timelines are getting longer (00:06:21) \ud83c\udde8\ud83c\udde6 Canada vs Ontario development challenges (00:06:44) \ud83d\udcc9 Impact of interest rates and immigration on housing (00:07:17) \ud83c\udfe2 Why condo development has slowed dramatically (00:08:38) \ud83e\udde0 The long-term thesis behind building in a down market (00:08:45) \ud83c\udfed Construction strategy and third-party development (00:10:31) \ud83d\udce6 Industrial real estate and the risks of building on spec (00:12:08) \ud83d\udd04 Strategic shift toward rentals and diversification (00:14:24) \ud83d\uded2 New retail strategy and grocery-anchored centers (00:15:04) \ud83d\udce6 Self-storage growth and partnership strategy (00:15:48) \u26a1 Data centers and Quebec\u2019s power limitations (00:17:42) \ud83d\udcb0 Raising $2B and scaling with institutional capital (00:21:09) \ud83d\ude80 Vision to double the business and expand asset management (00:22:10) \ud83e\udd1d Giving back and the responsibility of developers (00:22:47) &amp;nbsp; \ud83d\udd17Connect with Michael Broccolini&amp;nbsp;&amp;nbsp; \ud83d\udcbc LinkedIn: https:\/\/www.linkedin.com\/in\/michael-broccolini-68b86063\/  \ud83c\udfe2 BROCCOLINI: https:\/\/www.broccolini.com\/fr&amp;nbsp; &amp;nbsp; \ud83d\udc64Follow Axel Monsaingeon \ud83d\udcbc LinkedIn: https:\/\/www.linkedin.com\/in\/axel-monsaingeon-42577b28\/ \ud83d\udcf8 Instagram: https:\/\/www.instagram.com\/axelmonsaingeon &amp;nbsp; \ud83c\udf10 Explore more resources \ud83d\udcca Market guides, data, and advertising opportunities: https:\/\/www.e5pace.com\/ &amp;nbsp; ","author_name":"Espace Montr\u00e9al Podcast","author_url":"https:\/\/www.e5pace.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41003680\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/395868\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/41003680"}