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Having a Strong Property Management Platform with Cory Friedman from Kompas

Espace Montréal Podcast

Release Date: 08/29/2025

How to Survive with 18% Office Vacancy in Montreal | Concrete Strategies for Property Owners with Laurence Binette show art How to Survive with 18% Office Vacancy in Montreal | Concrete Strategies for Property Owners with Laurence Binette

Espace Montréal Podcast

Montreal’s office market is showing nearly a 17–18% vacancy rate. Landlords must offer more concessions, invest heavily in their buildings, and completely rethink their strategy. So how do you stay competitive in 2026? In this episode, Laurence Binette, Director of Brokerage at AlFID, explains how an integrated real estate group with more than 350 employees manages 32 commercial buildings, 2,000 residential units, and 1,000 student housing rooms while continuing to innovate in a complex market. We discuss major transactions, asset optimization, free rent concessions worth $100 to $125 per...

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Is the Montreal Office Market Really Making a Comeback? What the Numbers Don’t Tell You show art Is the Montreal Office Market Really Making a Comeback? What the Numbers Don’t Tell You

Espace Montréal Podcast

Is the Montreal office market truly recovering, or is it just a temporary illusion? In this episode of Espace Montreal, Axel Monsaingeon sits down with André Plourde, Executive Vice President and one of the most influential brokers in the Montreal market, to break down 35 years of real estate cycles, crises, and comebacks. From Cité du Multimédia to Place Ville-Marie and trophy office buildings, André shares a ground-level reading of the market, the mistakes property owners must avoid, the new expectations of tenants, and why some buildings are winning while others are falling behind. An...

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Royalmount’s Comeback: The Leasing Playbook Behind Montreal’s Fastest Retail Turnaround show art Royalmount’s Comeback: The Leasing Playbook Behind Montreal’s Fastest Retail Turnaround

Espace Montréal Podcast

Royalmount is not just “doing fine” it is accelerating. In this episode sits down with , Partner at and SVP Leasing, to break down what actually drives a successful mixed use destination in Montreal. They explore how consumer habits are changed, why occupancy momentum matters more than first month headlines, and how the right tenant mix, events, and access strategy can reposition an asset quickly. You will hear the measurable results behind the Royalmount lease up, the expansion logic for phase two retail, why a hotel on site makes sense, and how Class A office demand is being reshaped...

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How to Build a $1.2B REIT from Scratch — Lessons from BTB’s Founder show art How to Build a $1.2B REIT from Scratch — Lessons from BTB’s Founder

Espace Montréal Podcast

How do you go from being a tax lawyer to building a $1.2 billion commercial real estate portfolio? In this episode of the Espace Montréal Podcast, sits down with , President & CEO of , to unpack the real story behind one of Québec’s most successful publicly traded real estate investment trusts. Michel shares the risks, doubts, and hard lessons behind launching a REIT before most people even knew what one was — including capital raising, surviving the 2008 financial crisis, navigating COVID, and maintaining discipline in volatile markets. This conversation is a masterclass in...

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Why Buyers and Sellers Finally Moved in 2025, and What’s Next for Quebec CRE show art Why Buyers and Sellers Finally Moved in 2025, and What’s Next for Quebec CRE

Espace Montréal Podcast

Quebec’s commercial real estate market has changed fast, and the old “local only” playbook does not hold up anymore. , partner at , joins to unpack what appraisers are seeing before the headlines: how developers now chase opportunities across the province, why 2024 felt frozen, and what shifted in 2025 to bring buyers and sellers closer together. Louis also shares the real story behind PDG’s roots coming out of Desjardins, how the firm grew through acquisitions and mergers, and why a merger has to be “1 + 1 = 3” or it is not worth doing. They dig into PDG’s full-service model...

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Montreal CRE 2026 Outlook: Office Comeback, AI, Housing Policy, and Where Capital Is Moving show art Montreal CRE 2026 Outlook: Office Comeback, AI, Housing Policy, and Where Capital Is Moving

Espace Montréal Podcast

Montreal commercial real estate is entering 2026 with a very different set of tailwinds and constraints. In this episode, Axel Monsaingeon sits down with James Papadimitriou, Senior Partner at and a long-time governance leader, to unpack what is actually changing beneath the headlines. They cover why “alternative” real estate is increasingly an operating business (hotels, senior living, data centers, student housing), how AI and automation could reshape industrial and construction productivity, and what programs like Canada Builds Homes could mean for financing, land, and delivery speed....

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Persist to 2026: Why Net Lease Real Estate Is Winning in an Uncertain Market show art Persist to 2026: Why Net Lease Real Estate Is Winning in an Uncertain Market

Espace Montréal Podcast

The commercial real estate recovery everyone expected in 2025 did not arrive. Instead, investors are being forced to rethink risk, cash flow, and capital allocation heading into 2026.   In this episode of the Espace Montreal Podcast, Axel Monsaingeon speaks with Marie-Claire Laflamme-Sanders, Senior Vice President and Practice Lead within ’s Québec Capital Markets Team, about why net lease real estate has become one of the most resilient investment strategies in today’s uncertain market. Drawing on insights from the Toronto Real Estate Forum and active transactions across Canada,...

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Commercial Real Estate in Quebec Is Splitting Into Winners and Losers: What 2026 Will Reward show art Commercial Real Estate in Quebec Is Splitting Into Winners and Losers: What 2026 Will Reward

Espace Montréal Podcast

2025 was a turning point for Quebec commercial real estate, and the gap between winners and losers is getting wider. In this end-of-year conversation, Axel Monsaingeon sits down with Andrew Cross to unpack what actually shifted across office, retail, and industrial, and what smart owners, investors, and tenants should watch as 2026 begins. They talk about why strong malls keep winning despite the e-commerce narrative, why lower-tier office stock is being forced into conversion or repositioning, and how innovation like automation and robotics is reshaping industrial demand. The episode also...

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Retail Is Back in Quebec: What’s Driving Near-Zero Vacancy and the Mixed-Use Shift show art Retail Is Back in Quebec: What’s Driving Near-Zero Vacancy and the Mixed-Use Shift

Espace Montréal Podcast

Quebec retail is outperforming expectations. Triple-A centres are running near-zero vacancy, rents are stabilizing, and consumers are spending more time in places that feel like destinations, not just shopping stops.   In this episode, Axel Monsaingeon sits down with retail real estate leader Manon Larose to break down what is actually working right now: why retail is no longer “online vs in-store,” how the tenant mix is shifting toward food, fitness, beauty, and entertainment, and why mixed-use is becoming the default playbook for major sites like Carrefour Laval and Royalmount....

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Redeveloping Carrefour Laval Into a Mixed Use District (Parking, Transit, ESG, Returns) show art Redeveloping Carrefour Laval Into a Mixed Use District (Parking, Transit, ESG, Returns)

Espace Montréal Podcast

Cadillac Fairview has been shaping downtown Montreal for decades, but the next chapter is about turning legacy retail land into full neighborhoods. In this episode, Axel Monsaingeon sits down with Jeroen Henrich, Senior Vice President of Development at Cadillac Fairview, to break down the shift from condos to rentals, why underutilized parking fields are now some of the most valuable real estate in Quebec, and how mega-sites like Carrefour Laval get redeveloped without hurting retail performance. They dig into master planning as “3D chess”, transit and infrastructure constraints, ESG...

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More Episodes

What if tenant problems weren’t solved with calls—but with clear expectations from day one?

In this episode, I sit down again with Cory Friedman to explore the art of tenant management and how landlords can avoid most conflicts before they even start. Cory shares why detailed lease annexes and building rules are essential, how setting expectations upfront creates healthier relationships, and why responsiveness is the number one tool to de-escalate unreasonable requests.

We dive into the systems behind managing over 2,000 units, from work orders to accounting, and how Kompas Property Management software was built to turn daily headaches into streamlined workflows. Cory also opens up about his entrepreneurial journey—what he’s learned from failure, why he built Kompas as an operator first, and how mindset makes the difference when scaling both a company and a portfolio.

Tune in to learn why tenant management is really about trust, structure, and accountability—and how the right systems can help you grow with confidence.

Tired of spreadsheets and admin headaches in your rental business?

If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value.

Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.

👉 Visit www.kompaspm.com to sign up and get your time back.

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