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 Efficiency?
• Do you need to satisfy investors? Or do you have investors?
• Are you going to build it, JV, take project to SPA then sell

Do you own the land?

• Under contract on land & trying to decide if you will close on the land
• Own the land, (free-and-clear vs. debt)

Financing Programs

• Conventional
• Mezzanine
• CMHC MLI
• CMHC MLI Select
• CMHC Apartment construction Loan Program (RCFI)
• CMHC Co–Investment Fund

To learn more about financial modelling , and all other steps of the Apartment Development Process, gain access to our Apartment Development Master Class Recordings today!