Alex is a Vice President in Greybrook’s Private Capital Markets Group. He is responsible for engaging new and existing investors to help them build diverse real estate development portfolios that align with their individual investment objectives.
In this episode we discussed:
Overview of the Alex's career journey and diverse experiences
His roles in Greybrook and Investment focus
Greybrook's project focus
Emphasis on Greybrook's significant scale and impact in the real estate sector
Evaluation of Deals and Due Diligence
Approach to Underwriting and Profitability :Three key underwriting factors
Emphasis on conservative decision-making and risk management strategies
Healthy profit margin for developers and the variability based on project scale and partnerships
Pre-construction Market Dynamics and Margin Substantiation
Splitting Partnerships and Determining Equity Shares
Challenges in Ontario real estate, such as selling at fixed caps and high borrowing costs
Ontario Real Estate and Supply-Demand Dynamics
Government's Role and Affordability
Commercial loan defaults and the risk in commercial real estate