Insights
Strategic Perspectives by Josh Adman, President & Founder of DH76 Capital.
Welcome to DH76 Insights — a collection of sharp, experience-driven perspectives from our President & Founder, Josh Adman. With over 25 years of hands-on expertise in capital markets, acquisitions, and real estate strategy, Josh shares the thinking behind the deals, trends shaping our industries, and lessons from the field. Whether you’re an operator, investor, or founder, these insights are built to inform, challenge, and inspire smart decisions.
The Slow Death of Sleeping Giants
Del Monte filing for bankruptcy didn’t surprise me. It’s one of those names that’s been around so long, people forget to question whether it’s actually keeping up. It reminds me of The Bay — another legacy brand that kept shrinking while pretending everything was...
Discipline Over Drama: Lessons from a Real Trade (Opinion)
Mark Minervini’s long run of trading success isn’t about luck or gimmicks. It’s the result of serious discipline, strict risk management, and knowing exactly when to get in and out. But what really stands out is how he’s shaped his mindset—it’s not just trading...
Wealth Is Growing—But What Does It Really Mean to Be Wealthy Anymore?
A recent UBS Global Wealth Report caught my eye. It showed that median wealth per adult in Canada jumped nearly 10% in 2024, with our country adding 117,000 new U.S.-dollar millionaires in a single year. That brings Canada’s total to roughly 2.1 million. Globally,...
Canada’s Wake-Up Call Has Arrived – Buy Gold, Sell Oil, and Build Like Our Future Depends on It
John Rapley’s recent column in The Globe and Mail was the kind of piece that doesn’t just inform—it jolts. Titled “Buy gold, sell oil and get building,” it was a timely reminder that the ground beneath Canada’s economic assumptions is shifting fast. It inspired me to...
Opinion: Canada’s Construction Boom Is a Mirage—And the Banks Know It
Let’s get something straight: this isn’t a hiccup. It’s not a dip, a correction, or a cyclical adjustment. What’s happening in Canada’s development lending space is a full-blown reckoning—a slow, polite, maple-syrup-paced crisis hidden behind the polite smiles of...
Canada Can – and Must – Be an Energy Superpower
I recently read a compelling piece by Diane Francis that helped crystalize something I’ve believed for a long time: Canada has the potential to be a true energy superpower — but only if we act like one. Francis argues that the U.S. and Canada are sitting on massive...
The U.S. Office Market Is Finally Right-Sizing. Will Canada Follow?
I’ve spent over two decades working with and advising some of the biggest names in commercial real estate. Today, I manage a portfolio of $400 million in commercial assets across Arizona, Colorado, and Canada. Though I live in Toronto, my focus remains firmly on both...
Why I Despise Trump (Almost) But Actually Love This Idea
Let me start by saying it loud and clear: I really, really hate Trump. His politics, his rhetoric, his history—none of it sits right with me. But sometimes even he will stumble onto something that doesn’t immediately make me want to hurl objects. This—Trump’s “Trump...
Navigating the CRE Loan Modification Surge: A Strategic Imperative
The commercial real estate (CRE) sector is currently experiencing a significant shift, with loan modifications surpassing $39 billion. This trend underscores the evolving dynamics within the industry, influenced by factors such as interest rate fluctuations, changing...
The Bank of Canada Held Rates. Why That Won’t Unfreeze the Housing Market Just Yet
The Bank of Canada’s decision to hold its key interest rate at 5% this week came as no surprise to most of us in the business and real estate world. What is surprising—or at least notable—is how little impact this move is likely to have in the short term on Canada’s...