Established in 2015, Firstline Commercial Advisory Corp. is owned and run by Michael Smith who has over 35 years of hands on real estate management, investment and acquisition experience. With a head office in Victoria, British Columbia, we specialize in all types of property, giving our clients a larger range of options for building and managing their portfolio. Our network and focus are concentrated on British Columbia where we have advised and assisted in the acquisition of properties on Vancouver Island and the Lower Mainland. We are extremely proud that the majority of our business is derived from personal referrals and ongoing partnerships with our clients.
We provide independent advice on commercial, industrial, special purpose and multi-family residential properties. Our objective is simple. We work through the many property investment options available to help clients build a safe profitable portfolio and create wealth through quality investment grade property. Aside from providing advice on real estate investments, we arrange and manage investments for joint owned property for trusts, independent investors and not for profit societies. Built on the philosophy that obtaining independent advice is the first and most important step to success in creating and investing in property across the various categories.
Our highly qualified and experienced team help investors understand and take advantage of the options available to them across the most lucrative types of investment property including:
Our policy is to recommend only select properties that deliver strong yields with minimum risk, or have a potential for added value to increase future returns. Over 80% of our acquisitions are off-market; our relationships with industry leaders ensure that we have the first pick of premium commercial, industrial and specific purpose investment properties which we know are fundamentally safe investments for our clients.
We are discerning about the property we purchase with the principal considerations being:
The fact that we are absolutely independent property advisors means the entire market is available for us to choose from. We patiently select only the “good buys” that meet our strict selection criteria. Our in-depth knowledge of the Canadian market and different property types enables us to purchase property at the best possible price while saving you time and energy. You get the advantage of our eye for property, our network of contacts, and our proven negotiation skills.
We begin by looking at your current position with regard to all your investments, including equities, cash management, and property holdings. Then we develop an individual strategy specific to your needs, budget, and existing property portfolio. We will focus on the most suitable types of property for acquisition and where is the best location for safety, growth, and returns.
For over 35 years we have assisted owners in getting the optimal results for the sale of their properties. When you appoint Firstline Commercial to manage your property sale, we bring to the process an informed strategy specific to your property, careful monitoring of costs and performance, and skillful negotiation.
We begin the process by interviewing the best appropriate Commercial Realtors and help you make the selection. We advise the most suitable method of sale for your property–whether it be private, auction, tender, or expression of interest–and then devise an effective marketing strategy. Throughout the process of selling your property, we continue to manage the advertising quality and costs, and monitor its effectiveness. We negotiate a fair sale commission and monitor the agent’s performance. And importantly, we advise you on how to deal with offers as they come. The Managed Sale is your pathway to a trouble-free, successful sale.
Syndications allow the small/medium investor access to higher quality property. Whether it is property developments, commercial, industrial or special purpose we have over 30 years of experience in putting together selected, like-minded people into exceptional syndicates. Our simple syndicates can vary in size, but usually involve 4 – 10 members and requires approximately $200,000 – $10,000,000 in cash or equity injection. Our Joint Venture Syndicates are ideal for an investment portfolio.
We offer hands-on, boutique-style asset and property management expertise for medium to large commercial properties. From extensive monthly financials, budget preparation, annual reconciliations, commercial lease renewals, new lease negotiations, rent collection, property maintenance, and tenant and capital improvements and advice on mortgage financing. We have over 35 years of experience managing multi-unit residential properties, as well as large commercial retail centers. We also have in depth experience managing not for profit housing portfolios and manage not only the tenant selection, our staff also assist tenants with compliance to BC Housing standards for income verification in order to qualify for subsidized housing.
