Financing Purpose-Built Rentals - Max Goyzman (#38)
Max Goyzman is Vice President, Financing at Peakhill Capital. Max was previously responsible for overseeing the launch and operation of Peakhill’s CMHC lending business. Max has participated in the closing of over $2B in insured and conventional transactions for institutional and family office clients across Canada. Prior to joining Peakhill, Max worked as a debt underwriter at RioCan REIT on the asset management team.
In this episode, Max Goyzman, Vice President of Financing at Peakhill Capital, delves into the intricacies of Financing Purpose-Built Rentals and commercial real estate lending, with a specific focus on the apartment sector. Max discusses Peakhill Capital’s financing strategies, CMHC-insured loans, and bridge financing. The conversation aims to provide listeners, especially those looking to finance their first apartment or unit rental build project, with a comprehensive roadmap to navigate the process. Topics covered include construction cost estimates, the financing process, CMHC requirements, interest rate impacts, project size considerations, and the importance of aligning with experienced partners. Whether you’re a seasoned developer or a newcomer, this episode is packed with valuable insights.
Â
- Understanding Financing Purpose-Built Rentals
- Navigating Construction Costs and Feasibility
- Challenges and Trends in Mid-rise Projects
- Impact of Interest Rates on Rental Projects
- Steps for First-Time Developers
- Understanding Bonding Requirements
- Financing a Multi-Unit Property
- Navigating the Draw Process
- Transitioning from Construction to Term Loan
- Bridge Financing and Lease-Up Challenges
- Contingency Planning and Liquidity
- Comparing CMHC and Conventional Financing
Webinar Library
Â
Construction Innovation ChecklistÂ
This document is a supplementary resource to
episode #24 of the Real Estate Development
Insights Podcast in which Payam Noursalehi shares a practical framework for evaluating and selecting the most suitable innovative systems for your next project.Â
