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In recent years, in addition to de-
signing and building single fam-
ily homes, DVL has also started
developing some of their own
multi-residential projects. They
are currently in the process of
building a six-storey condomini-
um project, for example.
In the near future, however,
Nick is particularly interested in
exploring Vancouver’s afford-
able and social housing market.
The city has long had a deficit
of those kinds of projects and
has been offering incentives to
build more. Moving forward,
DVL Homes’ goal is to take ad-
vantage of those incentives and
do their part in addressing that
problem.
At the same time, Nick says the
company wants to maintain
their hold on the single-fami-
ly luxury home market. That’s
where DVL Homes has been
enormously successful in the
past, and Nick expects that suc-
cess to continue.
“We want to maintain our space
in the luxury home market,” he
says. “We also want to carve
more space in the multi-family
market, and build more high-
rise condominiums.”
“Along the way, we want to col-
lect some properties to build
commercial rentals on,” he
adds. “We want to build those,
lease them out, and keep the
cash flowing.”
“We want to have lots of dif-
ferent avenues for growth,” he
says in summation
Currently, DVL Homes has a
staff capable of taking on more
projects and larger projects. As
the company continues to grow,
Nick says that the staff will grow
along with it, but never to the
point where he’s not personally
involved in everything they do.
“I want to stay hands-on,” he
says. “I have people on the
ground that I trust, but when it
comes to major decisions, when
it comes to the choices that are
really important – I will always
want to have a look. I want to
stay in the game.”
Continued
success
FEBRUARY/MARCH 2020