Peakhill’s Spencer Harris, Vice President of Financing, joined Matt and Taylor from Kelowna Real Estate Podcast to discuss CMHC programs and how it impacts Canadian Real Estate. Spencer is responsible for loan origination across Western Canadian markets and specializes in both conventional and CMHC-insured loans including bridge, acquisition, refinance, and construction.
Summary
→ What Peakhill Capital is, what sets Peakhill apart, where Peakhill gets it’s capital, and where Peakhill has been funding in Canada the most.
→ What the CMHC is and who it benefits, recent CMHC policy changes, and how to qualify for CMHC financing.
→ What the MLI Select product is, how it can be accessed by developers, and it’s focus on affordability, accessibility, & energy efficiency.
Peakhill Capital is a commercial real estate asset manager providing competitive and flexible financing structures to developers, investors, and REITs. As a CMHC-approved lender, Peakhill is also a direct lender on behalf of its own balance sheet and investment funds, and has funded more than 2,000 transactions totalling in excess of $12 billion since it’s inception in 2019.
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