Curtis Way is back for his second appearance today, his first of which was three years ago at this same Edmonton Real Estate Forum. He is the CEO of RMS Group, which is a fully integrated real estate development company in Alberta.

With the Alberta market behaving quite differently compared to Ontario and BC due to oil boom cycles, Curtis tells us about issues and advantages he has seen in the province. We also get his thoughts on what high oil prices are doing to rental costs and how long he expects this inflationary environment to last.

Topics covered include:

• When Curtis believes the current oil boom cycle actually began.
  
• Disruptions in the natural cycle due to increased expenses and supply chain issues.
  
• A construction issue that was solved by having the right relationships.
  
• The prediction Curtis made in 2021 for what interest rates would be in 2022.
  
• Problems with labour that haven’t been an issue in Alberta until recently.
  
• Strong oil prices driving up Albertan rental rates.
  
• Trying to lock in interest rates as soon as possible.
  
• Making sure that you have access to liquidity in this environment.
  
• Some of Curtis’ favourite speeches at this year’s event.
  
• Economic diversification in recent years in Alberta.
  
• How severe Curtis believes inflation will be in the coming years.
  
• The fine line that must be walked when raising interest rates.
  

More about our guest….

Curtis Way began his career in 1979 in the construction industry for a well-known Edmonton high-rise contractor. Being involved in renovations, industrial buildings and high-rise projects at an early age has been a contributing factor to his success.

Curtis founded the RMS Group in 1996 to assist owners in the complex real estate business. Curtis has personally been involved in the development and construction of over 4 million sq. ft. of real estate in Western Canada and these projects have a value in excess of $500M.

The RMS Group is a fully integrated real estate development company which takes projects from initial inception to completion. After RMS purchases land it has a design and construction team that transforms the land into a new building and in most cases these are residential apartments. Most recently RMS has partnered with Capital Regional Housing to construct Alberta’s first private public affordable to market housing project.

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