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FINANCIAL FEASIBILITY – Preperation for Financial Modelling
How Do You Prepare For Financial Modelling? Document your objectives: This is the discovery portion – ask smart questions – listen – define strategy Building to keep or building to sell Affordable vs. Market Rents? – Associated Financing Options? Energy...
FINANCIAL FEASIBILITY ESSENTIALS – TESTING THE MODEL
What is Financial Modelling? Financial Modelling includes creating a detailed representation of the financial performance and viability, of a real estate project, focused on the building and operations of apartment complexes. This process typically includes...
The societal impacts of Canada’s housing crisis
We all know Canada is experiencing a housing crisis. Did you know that we are also facing a population crisis? Based on internal birth rates alone, our population is actually on the decline. Women are not having enough children and high levels of immigration is...
The High-Performance Lease-up Recipe
Why is lease-up so important? We've cracked the code with The High-Performance Lease-up Recipe below: Marketing Plan Market Survey Rent Roll Revenue Management Leasing Team Hiring, Compensating & Training Leasing Office Leasing Process and policies Opening...
APARTMENT FEASIBILITY – WITH DATA-DRIVEN DECISIONS
There are 5 Key Questions apartment developers ask us. For each question, there is much to consider before making any decisions Investors and developers should commission an apartment construction feasibility study from industry experts to gain essential...
Montreal: The model for Canadian residential rents?
Montreal is an attractive and unique Canadian city for many reasons – from its French-Canadian culture to its festivals and thriving universities. One additional factor that makes it stand out from other major cities in Canada is its lower average rents. If you look...
Engaging the next generation in your real estate business
Over my many years of working closely with successful apartment developers across the country, I have had a front-row view to the family dynamics that accompany a prosperous real estate business, especially as new generations come into the picture. Sometimes, as I’ve...
The return of the vendor takeback
Over the past seven to 10 years, it seemed as if the market had forgotten how to spell VTB. With interest rates as low as they were, the vendor takeback mortgage was essentially an unnecessary device that sat unused. But the vendor takeback, or VTB, is a specific tool...
How will my children afford a house in today’s market?
It’s no surprise housing affordability is a major concern for young Canadians. Due to rising house prices, high interest rates and stagnant wage growth, many young adults perceive home ownership as an unattainable goal. Many are resigned to being perpetual renters and...