Week 1: Apartment Building Investment in Canada
- Advantages of Multifamily Apartment Investing
- Determining the Business Plan for Your Building
- Determining the Capital Stack for your Venture
Week 2: Market and Power Team Selection
- Key indicators for selecting a strong market to invest in
- How to select your Power Team
Week 3: Financial Analysis and Underwriting of An Apartment Building
- Understanding basic financial metrics for commercial real estate
- Sourcing different types of debt financing
- CMHC Financing - qualifications and process
- Strategy and decision process
- Case Study: Analyzing a Recent Sunset Deal - 16 units in Sackville
Week 4: Making Fair Offers
- Win-win-win offers
- Issues to Address in Purchase Contracts
Week 5: Red Flags for Due Diligence
- Trust, but Verify Seller Documents
- Red Flags in Building Inspection, Appraisal, and Environmental Reports
- Craft your repositioning plan
Week 6: Fundraising in Accordance with Securities Law
- Retain a securities lawyer
- Understanding GP/LP Structures
Week 7: Property and Asset Management
- Action Plan Prior to Closing Date
- Financial Management