Journal
The Journal.
Plain-language guides to custom home building and renovation, plus multiplex development, zoning, and what BC's new housing rules mean for Metro Vancouver and the Fraser Valley homeowners and investors.
Financing & Partnerships
Funding a multiplex: equity and construction financing explained
Building several homes where one stood costs more than most owners expect, and the money arrives in stages, not all at once. Here's how equity and construction financing fund a Metro Vancouver and the Fraser Valley multiplex, explained in plain language.
Trent Praski · August 18, 2026 · 8 min read
Financing & Partnerships
How the GP/LP partnership model works for landowners
If you own a Metro Vancouver and the Fraser Valley lot but don't want to become a developer overnight, the general-partner / limited-partner model offers another path. Here's how a GP/LP partnership lets a landowner contribute land, sit in the capital stack, and share in the result without running the build.
Trent Praski · August 14, 2026 · 9 min
Financing & Partnerships
The feasibility review: how to know if your lot pencils out
Before a single drawing is made, a feasibility review tells you whether your lot can carry a multiplex and what it would take. Here's what we actually look at, and why a yes or no isn't the same as a number.
Trent Praski · July 27, 2026 · 14 min
Financing & Partnerships
Sharing the risk: how a development partnership protects homeowners
A homeowner who tries to develop their own lot carries every risk alone, capital, permitting, construction, and the market. A GP/LP partnership is built to spread that risk. Here is exactly how the protections work, where your equity sits, and where the protections stop.
Trent Praski · July 19, 2026 · 8 min
Financing & Partnerships
How Much Does It Cost to Build a Multiplex in Vancouver? (2026 Guide)
Most homeowners who ask about building a multiplex think about the cost of construction. That's only part of the bill. Here's a plain breakdown of what a triplex, fourplex, or sixplex actually costs to build in Metro Vancouver and the Fraser Valley in 2026, from hard construction to city fees to the total all-in number.
Trent Praski · July 9, 2026 · 8 min
Common questions
About the Journal
What topics does the Venture Pacific Journal cover?
The Venture Pacific Journal covers Metro Vancouver and the Fraser Valley multiplex development, specifically BC's Bill 44 / SSMUH rules, GP/LP partnership structure for homeowners and investors, feasibility reviews, city-by-city permitting guides (Vancouver R1-1, Burnaby SSMUH, Richmond RSM), construction timelines, financing, and missing-middle housing strategy.
What is SSMUH and how does it affect Metro Vancouver and the Fraser Valley homeowners?
Small-Scale Multi-Unit Housing (SSMUH) is the BC provincial policy, enacted under Bill 44 in 2023, that requires municipalities to allow three to six homes on most standard residential lots without a rezoning. Lots within 400 metres of a frequent transit stop can add a sixth unit. This affects most Metro Vancouver and the Fraser Valley homeowners, including those in Vancouver, Burnaby, Richmond, Coquitlam, and New Westminster, by dramatically expanding what they can build on land they already own.
What is a GP/LP partnership in Metro Vancouver and the Fraser Valley multiplex development?
A GP/LP (General Partner / Limited Partner) partnership is a limited-partnership structure for real estate development. In a Venture Pacific arrangement, the homeowner contributes their land as equity and becomes a Limited Partner. Venture Pacific acts as General Partner, contributing capital, design, permitting, and construction management while carrying the construction risk. Proceeds are shared at project completion according to the partnership agreement.
How long does a Metro Vancouver and the Fraser Valley multiplex development take from lot to completion?
Most Metro Vancouver and the Fraser Valley SSMUH-compliant multiplex projects take 18 to 36 months from the start of the feasibility review to occupancy: six to twelve months for design and permitting, and twelve to eighteen months for construction. Projects requiring a rezoning or development variance permit take longer. Venture Pacific's Manchester Living project, for example, had its rezoning approved December 2023 and is expected to complete August 2026.
Does the Journal cover custom home building as well as multiplex development?
Yes. The Journal is organized into two sections: Build, covering custom homes, renovations, and construction contracts and costs, and Develop, covering multiplex development, SSMUH and Bill 44 zoning, GP/LP partnerships, and city-by-city permitting. Each post is tagged into one of these two sections so readers can filter to the topic that matches their project.
Can I get new Journal posts without checking the site?
Yes. The Journal publishes an RSS feed at venturepacific.ca/rss.xml that any feed reader can subscribe to. New posts on both the Build and Develop sides appear in the feed as soon as they go live, so a reader following BC housing policy or construction-cost updates does not need to check the page manually.
Are the Journal's zoning and permitting guides specific to one city?
No, they cover multiple Metro Vancouver and Fraser Valley municipalities separately, because SSMUH rules differ by city. Vancouver's guide explains the R1-1 zone, Burnaby's covers its R1 SSMUH district, and Richmond's covers the RSM zone. A homeowner should read the guide for their specific municipality rather than assume the rules match a neighbouring city.
Who writes the Venture Pacific Journal?
Journal posts are written by Venture Pacific's own team members and credited by name on each post. Most bylines link to that person's team profile page. This keeps the byline tied to a real, identifiable person rather than an anonymous company account, so a reader can check who is behind the zoning, financing, or construction guidance in any given article.
Let's talk about your property
A conversation, not a commitment.
Whether you're curious about the multiplex value of your land or looking to partner on a missing-middle build, we're here to start the conversation.