Opportunities to Restructure New Apartment Construction Financing
Two month’s access to the 2 hour webinar!
$49.00 CAD
What to Expect:
You can anticipate 120-minutes packed full of great education:
- How to think about and project cap rates and rental rates, going forward
- What’s a win/win approach when you bring in a partner
- What’s a win/win approach when you bring in a mezzanine lender
- What’s a win/win when you tap into equity from other assets
- Being proactive in financially engineering the ideal fit between the construction lender, mezzanine lender, and equity partner
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With hikes in interest rates and construction costs stabilizing, lenders are being conservative with their requirements for covenants and guarantees. Lenders are right-sizing draws, so the construction facility does not exceed takeout. Developers are having to bring in deep pocket partners/investors to undertake projects and obtain financing. How can the gaps for both developers and value-investors be bridged? It’s always better for the developer to finish to completion, rather than have an institution step-in.
Featured Speakers:
DARRYL MCCULLOUGH
CCIM SEC
Real Estate Advisory Services
DEREK LOBO
CEO & Broker of Record
SVN Rock Advisors Inc., Brokerage
MICHEL DURAND
CEO
MCommercial, Mortgage Brokerage
David Cohen
Partner
Gowling WLG