Ensure a Seamless and Profitable Strata Wind-up and Sale Process
With our unparalleled strata experience and extensive market connections, we guide your strata through the marketing and wind-up process. A wind-up can provide an incredible opportunity for your owners to capitalize on significant profit opportunities or avoid expensive special levies. Our proven method will ensure your owners are well-informed and can transition smoothly into new ownership.
- Completed Sales 15+
- Transaction Volume* $650M+
- # of Owners Represented 950+
*as of April 2021
Does your Strata Corporation have the potential to realize greater value by selling as a group? Can you avoid large repair costs by considering a wind-up opportunity? Our team will provide a preliminary assessment of your property to get our conversation started.
With a greater understanding of the opportunity gained through the preliminary assessment, our team will meet with your strata council or a group of invested owners to provide an overview of the process and key considerations we have learned from our experience with other strata corporations.
It is critical to ensure your ownership is informed throughout the process. Information meetings, with plenty of time for questions, will help your council and our team gauge your ownership’s interest in pursuing a wind-up strategy. Our presentation will ensure your ownership understands the process, timeline and expected range of value for the property.
You and your ownership are now informed and ready to engage our team. You are positioned to market the property and discover what value can be unlocked. A Special General Meeting will provide the strata council with the authority to sign a listing agreement and our team will get to work on your behalf.
What is a strata wind-up?
Why would my building consider a strata wind-up?
As owners plan for the future of their buildings, we believe there are three pieces of information they need to make an informed decision: the value of their home on the residential market, the cost of any repairs required for the building over the next two, five and ten years, and the value of their strata lot based on a wind-up. Some owners choose to wind-up to capitalize on large financial gains, others to avoid large special levies, but all owners should be informed prior to making any big decisions.
Do I need to hire a commercial realtor for a strata wind-up?
What percentage is required to approve a wind-up?
What is the strata wind-up process?
How can my ownership maximize returns from a strata wind-up?
Executive Managing Director, Vancouver
Douglas Pulver is Executive Managing Director of Colliers’ Vancouver office. As part of the leadership team, he is integral in implementing Colliers’ growth strategy in the market and solidifying Colliers’ top industry position.
Doug leads the Colliers Vancouver management team, and together, they are responsible for growing and engaging a team of market-leading brokerage advisors, strengthening and expanding Colliers’ position with its client base, and elevating Colliers’ standing in the Greater Vancouver community.
Doug has more than 27 years of experience operating and investing in businesses and real estate, having acquired, financed and guided real estate assets for Trizec Properties, Cadillac Fairview, and most recently, Gibralt Capital. As well, Doug has helped acquire and lead several private operating companies, focused on building a foundation for long-term success. His track record includes generating significant returns from both real estate and private equity transactions.
Outside of work, Doug is an active member of the community, dedicating his time as a board member for charitable and business organizations, including Young Presidents Organization and Jewish Federation of Greater Vancouver.
Executive Vice President - Investment | Personal Real Estate Corporation
Casey Weeks specializes in Investment Sales in Greater Vancouver with an emphasis on land and investment properties.
Casey has sold over $1.6 Billion worth of assets, including multi-family, land, retail, office, industrial, and hotel assets, many of which were large scale and complex. His achievements are a result of his acute understanding of the transaction process, strong relationships with industry professionals, keen understanding of the Greater Vancouver market as well as undivided dedication to client goals and success.
Casey’s refined marketing platform has proven consistently successful in exceeding client's disposition objectives. Clients include private equity, institutional investors, developers, local and offshore investors/developers.
Born and raised in Vancouver, Casey attended Simon Fraser University where he obtained a Bachelor of Arts (1997) with a major in Political Science.
Executive Vice President | Personal Real Estate Corporation
Morgan Iannone is one of the top revenue producing Commercial Real Estate Brokers across Metro Vancouver, he is responsible for the origination and execution of investment sales transactions that span a variety of asset classes, including development land, multi-family properties, office and retail investment assets. He prides himself on having the ability to see the long term picture when it comes to the potential future value of an investment asset or development site, working with his clients to maximize the value of the opportunity. He is able to consistently exceed client expectations by utilizing a proven marketing platform and completing complex transactions with tremendous success.
Morgan came to Colliers International from a sales background in the real estate industry. He has built strong relationships with a large number of local and international developers/investors over the last decade and has been successful in leveraging these relationships to find the right buyers for his clients' assets.
Morgan and his team have facilitated the sale of over $1.7 Billion in Assets over a range of asset classes, including development land, multi-family, retail, office, industrial, and hotel assets, many of which were large scale and complex.
Vice President | Personal Real Estate Corporation
Hart is a Vice President in the Vancouver office of Colliers International. He is a senior member of the Land and Investment group having joined Colliers in 1985. Hart’s early specialization in development land sales has allowed him to create many long-term relationships within the development community. These relationships include developers, consultants associated with the development process, and municipal planners and officials, all of which offers Hart’s clients access to critical elements of the development process required to complete a development land transaction. Recent changes to the Strata Property Act have allowed Hart to show case his expertise in the Court approved sales process which is a requriment of a Court sanctioned Strata Wind Up.
As an active member of the Vancouver Urban Development Institute Hart is able to keep in touch with the market and maintain the relationships that allow the exchange of ideas and information within it.
Jennifer joined Colliers in September, 2015 as a member of the Western Canadian Acceleration Program. She specializes in the sale of Redevelopment Land and Investment Properties. Jennifer has established expertise in the newly adopted Strata Wind Up Process in British Columbia. She assists Strata Corporations through the Wind Up process to allow their owners to capitalize on significant profit opportunities and transition smoothly into new ownership.
She previously worked for Speedo Canada (PVH Canada, Inc) and was responsible for all contract and sponsorship management as well as national sales and marketing initiatives.
Jennifer is a graduate of McGill University where she studied business with specializations in marketing and accounting. She is currently a candidate in the Diploma in Urban Land Economics program at the University of British Columbia specializing in Development.
See Why 950+ Owners Choose Colliers
“Our trust in Colliers has been well-rewarded, not just financially, but in their attention to detail and analysis, their breadth of contacts in the Vancouver and international real estate market… and their focused, client-centric approach to personal and business relationships.” – Rob Thompson, VR120
“The key qualities that Colliers displayed throughout the process were reliability, consistency in communication and transparency. These attributes ensured that all owners felt included in the process and served to build a foundation of trust that was instrumental in achieving 100% approval of the sale from our strata owners.” – Paul Lambert, NW47
“The Colliers professional team is diverse and recognizes that strata owners are selling their home, while the role of the commercial broker is in marketing the land.” – Linda Delparte, NWS608
“Colliers was able to create a competitive listing process and in doing so, achieved an overall price that was 20% higher than the most recent offer received prior to the formal listing process.” – Kristalina Kutev, NWS968
"Our project was not an easy one... Colliers scheduled multiple "townhall" style meetings and numerous one on one phone calls with those owners that required the extra care and attention. Colliers' transparency and their ability to communicate were key to the success of the project” – Marco Castrucci, NWS683
“Important attributes that Colliers displayed during the process were its local and global marketing platform and comprehension of the Bill 40 Wind-Up Legislation. The sale proceeds received by owners have been a positive life-changing event.” – Gary Harris, NWS2620