(59) CMHC Financing for Small Mid-Rise Projects - Abtin Nikeghbali - Canada ICI

Send us Fan Mail CMHC MLI Select may offer compelling financing terms for purpose-built rental development—but “up to 95% loan-to-cost” does not mean every project will receive 95%, or that a developer needs only 5% cash. In this episode, Payam Noursalehi speaks with Abtin Nikeghbali of Canada ICI about what lenders and CMHC examine when evaluating a small Toronto mid-rise or multi-unit rental project. The conversation covers: • Net-worth and liquidity expectations • Construction and property...