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In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk welcome Sandy Shindleman, Founder and President of Shindico Realty Inc., to reflect on 50 years of building one of Canada’s leading private real estate companies. From his first mixed-use project in Portage La Prairie to managing a $2.7B portfolio, Sandy shares how patience, low leverage, and disciplined growth fueled long-term success. He discusses strategies for site intensification, diversification into multiple asset classes, and navigating market cycles with conservative financial management. Listeners gain invaluable lessons on resilience, opportunity, and creating enduring value in commercial real estate.

What you will learn:

• How maintaining low leverage (17% across portfolio) creates stability and opportunity 
• Why focusing on site intensification and existing property improvement drives sustainable growth
• The power of patient capital: How holding properties for 20-25 years enables strategic development
• How to successfully expand from retail into industrial, multi-residential, and mixed-use developments
• Why maintaining strong management teams enables continued growth while preserving quality
• The benefit of looking beyond traditional metrics (like cap rates) to find value in real estate deals
• How immigration and labor markets impact construction costs and development timelines
• Why relationship-based lending and conservative financial management create long-term resilience
• The importance of maintaining investment discipline even during aggressive market cycles
• Why focusing on the next deal while building robust management systems drives sustainable growth

Sandy Shindleman is the Founder and President of Shindico Realty Inc., a leading Canadian real estate company with over $2.7 billion in assets under management. With over 50 years of experience, he has grown Shindico from one mixed-use property into nearly 200 assets spanning retail, industrial, multi-residential, and mixed-use projects. A CCIM Senior Instructor Emeritus, Sandy has shared his expertise worldwide while championing sustainable development and disciplined investment. His leadership and insights continue to shape commercial real estate across Canada’s Prairie regions.

The post Building a $2.7B Real Estate Powerhouse with Sandy Shindleman, Founder and President of Shindico Realty Inc. appeared first on Commercial Real Estate Podcast.