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Volodya Gusak

President, Denciti Development

More about the author

Volodya Gusak

President, Denciti Development

Volodya Gusak, CPA, CA is a co-founder and President of Denciti Development Corp. Denciti is a Vancouver-based real estate development company that creates industrial, commercial and residential developments across British Columbia. Denciti is known for the Marketing & Development Plan (MDP). MDP provides the framework for rigorous, out-of-the-box thinking that leads to inspired solutions - something we need more of as we plan for the future. Volodya's mentors have helped him throughout his career, and he is passionate about giving back. He volunteers as a mentor for SFU business students and at PowerPlay Young Entrepreneurs. In addition to being an active member of the community, Volodya is also a husband, father and athlete.

Cap rates: The most famous (and misunderstood) number in commercial real estate

Volodya Gusak Commercial Cap Rates National Nov. 4 2025

A calculator can give you the answer, but it can’t teach you the math. A few years ago, a broker closed a shopping centre sale at a six-per-cent cap rate. To the buyer, it had looked like a steal.

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 P.O. Box 1484, Stn. B
Ottawa, Ontario,
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