All Forum Posts by: Matt Calnan

Hi Real Estate Investors!

I’m a partner in a real estate asset management group and an Alberta-based real estate brokerage. Over the past year, we’ve worked closely with a small group of investors to build their multifamily portfolios. We specialize in structuring deals that minimize upfront investment through strategies like MLI Select (CMHC - Canada), vendor take-back financing, and other creative solutions.

We’ve recently expanded our team to handle more transactions and structures, and we’re now looking to broaden our investor base. Here’s how you can get involved:

1) For Investors:

If you’re actively looking to acquire multifamily assets while minimizing your investment requirements, let us know! We’ll add you to our distribution list for deals that match your goals.

Important Note: To work with us, you’ll need sufficient working capital to cover due diligence costs like appraisals, environmental assessments, lender fees, and deposits. We focus on clients who are ready and able to close on these transactions.

2) For Sales-Oriented Individuals:

Are you interested in real estate and connecting investors with pre-structured deals? We’re developing a sales network for individuals to match analyzed and vetted deals with investors. We offer a referral fee through our management company for successful matches.

Compliance Details: This role does not involve real estate trading as defined by RECA. You’ll be referring structured contracts to investors, with all transactions handled in compliance with regulatory requirements.

If either of these opportunities interests you, please reach out. I’ll have someone on our team follow up to provide more details.

 Thank you @Andrew Postell, much appreciated!

 Got it, that makes sense! There are some really good videos on Youtube for analyzing real estate deals. As well as some good ones on adventuresincre.com. If you're interested, I'd be happy to review something with you as well if that would be beneficial. My real estate experience is focused mostly on the financial and pro forma side, so I live in those spreadsheet :)

Hi Leilah!

There are some really, really good tools on adventuresincre.com. They're the ones that I use most often to get models from. The downside is that they're not very adaptable/customizable. But if you know what you're doing in Excel, you can make some changes. 

Is there anything specific that you're looking for? I might have some templates that you can use as well.

Hi everyone!

We are currently raising capital for a Canadian project and wanted to see if there was any insight or support that could be provided.

Our project is based on Kitimat, British Columbia. We currently own 80 doors with another 119 doors set to close in the coming months. We are also under contract for a further 263 doors in Kitimat, bringing our total holdings to 462 total doors. Kitimat is located in Northern BC as is home of a new Liquid Natural Gas (LNG) plant which will be operational in 2025. This plant has been under construction for 8 years. The total infrastructure project was a $50 Billion investment, all from private companies. The new LNG plant has driven significant economic impact in the area, creating a very favourable investment environment.

We have secured funding for $45 Million of the $60 Million project (mortgage) and have another large amount of capital raised for the equity portion. However, some of those equity partners would be willing to be taken out as they were the former owners of the properties.

I wanted to see if anyone had any insight into how we can go about raising the balance of the required funds. I have started looking at overseas investors as well, but don’t have much experience in this area. 

Looking forward to discussing further.

Thank you,

Matt Calnan

Most growth comes from Agrifood, manufacturing, post secondary, and US/CAN border transportation. 

 I agree that for most of Alberta this holds true, but in Lethbridge we are very steady in our economy including our real estate market. We don't get the big upsides but almost never have downside to our housing market.

 I am in the Lethbridge market (I've lived here my entire life) if you want any guidance.

I attended the last event and it was great! I would highly recommend people join. I will be coming to this upcoming event as well. In our last meeting, we had a lot of great discussions on a lot of topics. Thanks for putting this together Vincent!

I would venture to say that this isn't the most attractive deal in the world. It has a strong return, but there are structures capable of this on most multifamily. It's a tough way to get interested from potential investors the way you've posted. Like others, I would suggest using IRR as your primary number.