Any Canadians in real estate finance on WSO?

I've just taken on a new role as an analyst in RE investments/AM at a firm which provides transaction advisory services focused on commercial RE. I'm based in Canada, and new to the industry - I was curious to know whether there were others in real estate (development, AM, acquisitions, PE, brokerage) in Canada on this site to talk about their experiences in the space.

Interested in hearing about some of the projects you've touched on, your experiences, and any tips you might have for someone who's just starting out here in Canadia.

 
Best Response
alpha.beta:
Interested in hearing about some of the projects you've touched on, your experiences, and any tips you might have for someone who's just starting out here in Canadia.

What kind of cap rates are you seeing on Moose ranches and Maple Syrup distilleries?

Commercial Real Estate Developer
 

I did CRE lending for one of the large banks for a while in Toronto. I underwrote deals across the country. Mostly in the GVA and GTA but have seen some small stuff in CGY/EDM and even one in Newfoundland haha.

 

I think I got the offer however the svp rescheduled so he could take off to vacation early. He gets back at the end of the month so I find out then. I also got a called for an interview for early next week for an mbs role at a non bank lending institution as well but i'm leaning towards the tenant representation shop because i'll be doing valuation work vs securitization/investors relation work

 

Your best bet is probably going to have to be to short developers (which I know nothing about, especially in Canada).

I'm assuming your talking about taking a personal view, but even if you were an institution, I don't think Canadian mortgages were packaged into CDOs for you to be long CDS. There are a whole host of other issues, but there's no real point elaborating if the product doesn't even exist.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

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