Event Details

Join us for a two-day dynamic and interactive experience and learn all about "The Numbers Behind Housing Development".


If you're determined to have a future in real estate development, understanding the numbers is a must. Our instructors will draw from their own experiences and case studies to teach you the basics of proforma development, land and project valuation, sensitivity analysis and financing criteria.


Expertly facilitated by Michael von Hausen of MVH Urban Planning & Design, this course is limited for UDI members only.


Topics to be covered:

Developer

  • Breaking down the performance
  • Evaluating risks and rewards (return metrics)
  • Case study of a multi-family project and pro-forma analysis

Appraiser

  • Value fundamentals
  • Basic "back of envelope" pro-forma
  • Sensitivity analysis

Developer

  • Development process
  • Rental incentives
  • Case study of a purpose-built rental project and pro-forma analysis

Banker

  • Five C's of credit
  • Common loan types and structures
  • Lender considerations


Register early to secure your seat and meet new industry colleagues.


Please join us for this session from the unceded traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh Úxwumixw (Squamish), and səl̓ilw̓ətaʔɬ (Tsleil-Waututh).

Fine Print

Cancellation & Substitution

  • 14 days written notice to cancel with no penalties.
  • Substitutions allowed. 

General Registration Information

  • Includes all meals and digital course materials. 
  • Maximum 2 registrations per Member Company 
  • Guest information including dietary restriction/allergen must be updated at least 14 days prior to event. 

Ticket Transfer

  • You can now transfer registrations under your name to someone else. Simply click the three dots in the registration confirmation or ticket and select "Transfer Ticket."
  • The recipient must accept the transfer to complete the process.
  • For changes within 48 hours of the event, please email us directly.

Non Member Tickets: 

  • Tickets for Non Members may be available starting on January 6, 2025 and is subject to availability.
  • Tickets are $1750+taxes per ticket

Speakers

  • Jon Bennest (VP Product Development at Zonda)

    Jon Bennest

    VP Product Development at Zonda

    Jon is the Vice President, Product at Zonda Urban and a former principal and co-owner of Urban Analytics, which was acquired by Zonda Home in 2021. Zonda Urban is the leading provider of new multi-family home data and advisory services in Canada’s core urban markets - Metro Vancouver, Calgary, Edmonton, Toronto, Ottawa and Victoria. Zonda Urban’s parent company Zonda Home is the largest for-sale residential B2B data provider and advisory firm in North America. Jon has nearly 20 years of real estate analysis and market research experience and has provided strategic product and positioning for hundreds of development properties representing billions of dollars.

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  • Leslie Lai (RBC)

    Leslie Lai

    RBC

    Leslie currently serves as Director of Real Estate at RBC where she provides a wide range of financial services to developers, investors and real estate owners across the province. Leslie has 15 years of experience in the commercial real estate industry and has structured and underwritten over $2Bn in real estate loans including construction, land servicing, term, operating and complex syndicate deals. Leslie holds an MBA from Saïd Business School, University of Oxford, and a Bachelor of Arts from Simon Fraser University.

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  • Tony Liu (Manager, Valuation at Ryan)

    Tony Liu

    Manager, Valuation at Ryan

    Tony joined Ryan LLC in 2015 working in the property and asset management sector. He has been involved in an array of assignments relating to commercial and residential properties including multi-family residential, mixed use projects, Rental 100 projects, development sites, office buildings, and shopping centres. He has worked on notable assignments such as the Oakridge Transit Centre Site, Heather Lands, Valuation of Richmond Centre, and the redevelopment of Landsowne Centre and Kitsilano 6 Lands. He holds a Bachelor of Commerce in Real Estate, a Post-Graduate Certificate in Real Property Valuation from the University of British Columbia and is an accredited member of the Appraisal Institute of BC.

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  • Claire Longcroft (Director of RBC)

    Claire Longcroft

    Director of RBC

    Claire is a dedicated professional with nearly five years of experience the commercial real estate finance industry, currently serving as a Director of Commercial Real Estate at RBC in Vancouver. With a strong background in real estate lending and a CPA qualification, Claire brings a unique blend of financial acumen and industry experience to her role. Claire is also working on her Diploma in Urban Land Economics with a specialization in development through UBC Sauder School of Business.

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  • Derek Townsend (Principal at Citifund)

    Derek Townsend

    Principal at Citifund

    Derek Townsend began his commercial real estate career with a dedicated focus on rental apartment financing in Canada. In short order, he became Citifund Capital’s leading expert on CMHC and conventional financing structures for apartment construction, repositioning and acquisition. CitiFund is now a market leader in rental apartment financing and represents a robust apartment business with clients ranging from private investors to REITs. Beyond brokering loans, he has a passion to influence and advance the mortgage and development industry by volunteering his time on committees and Board of Directors for prominent groups such as CFAA, UDI U40, MIABC and LandlordBC.

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Venue

Morris J Wosk Centre for Dialogue

West Hastings Street 580
Vancouver, British Columbia, Canada

If you have any questions please contact Events Team

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