George Wen
I invest in British Columbia real estate. Here’s what I’m building, and where I write things down.
Below: my businesses, then notes on what I see underwriting, financing and operating buildings.
Vancouver, British Columbia
What I’m building
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Principal investment in small-bay light industrial and value-add multifamily in British Columbia, held for the long term.
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Principal-led advisory for owners, lenders and investors in transitional real estate, from acquisition through stabilized income.
Other ventures are in development. Details by introduction.
Notes
The Friction Index
Occasional notes on what I’m seeing in BC real estate: deals, debt and the friction that sets prices.
Latest notes
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Their Price, My Terms
Two patterns from three deals where the vendor carried paper, and the date that decides it.
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Complexity Is Where the Price Is
The buildings I buy come with hair. These notes are where I write down what it costs.
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Small-Bay Is Where the Vacancy Went
Industrial vacancy hit a decade high. The average hides where it sits.
The Friction Index by email
Free. A short email when I publish something new, a few times a year. Nothing else.
About
I’m the Principal of Marram Investments and Stablepath Advisory. Separately, I lead the investment and asset management program at a commercial real estate firm in Vancouver backed by a family office. I began my career in US institutional private equity and have spent nine years in commercial real estate, with $263MM closed across 22 transactions. I hold a B.A. in Economics from Northwestern, with a specialty in quantitative economics.
Contact
Introductions are welcome. I reply personally.
- hello@georgewen.com
- LinkedIn: georgehwen
- Instagram: @georgehwen