Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate.
In this special episode of the Commercial Real Estate Podcast, Aaron and Adam dive into the evolving landscape of Canadian commercial real estate lending, emphasizing shifts in CMHC-insured lending, especially in apartment financing.
They explore the impact of new government policies on market dynamics, such as supply-demand imbalances and increased capacity in the Canada Mortgage Bond (CMB) program. The hosts discuss current trends in rental rates, the strategic advantages of CMHC’s MLI Select program, and the benefits of affordability-focused financing. Concluding with insights on interest rate trends, Adam and Aaron provide valuable guidance for borrowers navigating this competitive lending environment.
Here are the key talking points from the episode:
- Current Lending Environment
- Conventional vs. CMHC Insured Lending
- Unpacking the Canada Mortgage Bond Program (CMB)
- Market Dynamics and Capacity Issues
- Recent Policy Changes and Risk Management
- Future Outlook for Borrowers
- Rental Market Trends
- CMHC Financing Strategies for Owner-Operators
- Interest Rate Trends and Market Implications
More about our hosts…
Aaron Cameron is the VP of Commercial Origination at First National. Aaron has over 15 years with the company and 18 years of industry experience. He is a confident decision-maker who values logic in business. With expertise in operations, sales, servicing, product development, and investor relations, Aaron understands the complexities of the mortgage process and prioritizes perspective, hard work, and progress in his work.
Adam Powadiuk is the Assistant VP of Commercial Financing at First National. He has been with First National since 2012 and helps originate over $2 billion annually. He emphasizes building trust through sound advice, enabling clients to reach their goals. His approach combines persistence and thoroughness, focusing on understanding clients and applying creativity and intelligent risk-taking to close deals successfully.
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