SA917 | Transforming Underutilized Office Spaces Into Residential Homes Through Prefabrication with Douglas Hayden

Douglas Hayden

Do you want to learn about a luxury yet more efficient way of converting distressed office spaces into residential housing? Deep dive into our conversation with another incredible guest, Douglas Hayden!

Doug talks about how they’re revolutionizing the housing industry by converting unused office spaces through fabricated construction and how it impacts a community, and he goes deeper into what sets them apart from other companies doing this strategy. Be sure to listen until the end of this episode to know how you can participate in resolving the housing crisis through his end-to-end solution!

Key Points & Relevant Topics

  • Douglas’ background from the tech industry to commercial-residential real estate conversion in Calgary, AB
  • How Douglas got involved in converting offices to residential properties
  • The process of converting unused office spaces and acquiring permission from the city
  • Factors to consider when looking for ideal buildings and office spaces to convert
  • What makes office parks and buildings great for conversion
  • Advantages of prefabrication over conventional property conversion
  • What does the process of transporting prefabricated materials for conversion look like?
  • Maintenance and sustainability of prefabricated materials after the property conversion
  • Why it’s preferable to partner with a bank when converting distressed assets
  • The greater impact of the office-residential conversion on communities

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Douglas Hayden

Douglas Hayden boasts an impressive track record spanning over 40 years in both the Real Estate and tech sectors. Alongside his team, Hayden has successfully executed more than 1,600 transactions, building a reputation for diligence, innovation, and client satisfaction. 

Before delving into real estate, Douglas sharpened his skills in the realm of business development. He held prominent roles at multiple tech startups, all of which were later acquired by industry giants such as Apple, IBM, and British Telecom. Doug’s knack for identifying potential and strategically positioning businesses for success was further cemented during his tenure at SMED, an office solutions provider. Here, Douglas steered the company towards integration with tech platforms like Cisco Systems & Northern Telecom, focusing on enhancing office environments with technology-infused Office solutions. 

He was part of the pioneering team that established EXP Realty in Canada, and In honor of his Community service and impact, he has been awarded the Queen’s Platinum Jubilee Citizenship Medal and the Alberta Centennial Medal. 

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