“We do construction lending… less on construction… biggest need now is less transactional… natural maturities that have to be addressed”
Animal Spirits Podcast · Talk Your Book: How Higher Rates Are Re-Shaping Commercial Real Estate
Play from 15:03
15:03
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
provide a mix of construction, lease-up, value-add, and stabilized multifamily loans, with less focus on new construction due to oversupply
Said nearby on the same subject
“You can do a major renovation as a construction loan… the lender will take the higher rent that you're going to get at the end of the construction as income for servicing the loan”
♫
Said on Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
“5% of Australia's population are construction workers. Less than 1% of recent arrivals from overseas have been construction workers.”
TD
Tom Devitt HIA
The Elephant In The Room Property Podcast | Inside Australian Real Estate ·
Why it worked5% of Australia’s population are construction workers; <1% of recent o…Share this moment
“You have a well-defined pre-construction phase that ends before construction starts… then nail the handoff… field team can focus on building instead of stopping constantly to solve upstream problems.”
“That moved us down this path of having much more flexible asset mix bands… reference portfolio is a signal of risk appetite, not a rigid construction exercise.”
OP
Ontario Teachers Pension Plan
Capital Allocators - Inside the Institutional Investment Industry ·