In early April 2018, Bedrock Realty owner John Savard was included in an interview by CREB Now, a Calgary real estate magazine. Savard, along with other notable Calgary business people, shared the story of his buying his first home.
Savard’s first home purchase was in Inglewood in 2001. He was 32 years old at the time. As a first-time buyer, he says he was lucky to have a REALTOR® that had closing skills when it came to the purchase, which was a “fantastic thing.”
“It was an up-down duplex, because the mortgage was a little expensive. I bought it with a basement suite and I rented out the garage. I had a roommate upstairs so I could afford my mortgage.”
John Savard, owner Bedrock Realty, recently paid a visit to Uganda, where he volunteered to help have a well built for the residents in the community.
Once operational, the well will supply fresh water to approximately 3,500 people. This will save these families from walking 6 km to fetch fresh water and save them about $30 USD per month. This is a large portion of their monthly expenses.
A huge thank you to the Entrepreneurs Organization (EO) and its members Shane Benis and his father Ben Benis who created this project! We are more than pleased to have been able to assist in this incredible goal!
Calgary commercial realtor and owner of Bedrock Realty, John Savard, was recently included in an article in Calgary Business magazine regarding the current state of the city’s downtown office vacancies.
John Savard, principal, office leasing specialist with Bedrock Realty Advisors Inc., says tenants who had a line of sight on their long-term income streams in 2017 took advantage of low office rents and took out leases for as long as they could, signing seven-to-15-year-old deals.
“I don’t see anyone willing to pay economic rents,” he says. “We saw a lot of activity but that activity was based upon flight to quality. New sublease space coming to the marketplace. Unfortunately, I don’t see that the market has turned a corner yet.”
Thank you to Calgary Business and business reporter Mario Toneguzzi for including us as a trusted resource in your publication!
As many of you already know, we here at Bedrock are very passionate supporters of the Antipolo Orphanage in the Philippines.
In December 2016, we travelled to the orphanage in Manila, where we helped feed 600 families in the city for Christmas. These people were the poorest of the poor in Manila, with many of the families struggling to eat and get even the basic necessities.
It was such a pleasure to be able to be there to help all these families. This is such a valuable charity that really makes a difference int eh lives of others.
If you’re interested in learning more about the charity or donating yourself, visit http://graceybwebber.com/home-of-love.
Below are some images of our trip – we can’t wait to go back!
On Saturday, September 24, the team at Bedrock Realty participated in the Walk for Water, a 5K walk in Chestermere in support of Free the Children. As part of We Day, this charity event helps raise money to build wells in third world countries.
Bedrock’s John Savard recently had the opportunity to chat with on of Calgary’s most prolific business writers, Mario Toneguzzi, about a story he was working on regarding Calgary’s office condo scene. Below is an excerpt from the story, Read the Full Article.
“I start the conversation with my client’s growth plans,” he said. “If they tell me they will most likely be the same square footage in seven years, then I highly recommend purchasing an office condo. It is at the seven-year point that the mortgage paydown is substantial enough – assuming only a minimal asset appreciation – that your return on investment is greater than paying rent.
“If my client’s seven-year plan has it growing its square footage, then a purchase may not be a wise choice. If my client outgrows its condo before the seven-year point, then it has to find new space and put the condo on the leasing or for sale market.”