RESA’s Real Talk – Episode August 10, 2026

Program: RESA’s Real Talk

Length: 31 minutes

Commercial Mortgage Underwriting, CMHC Financing and Calgary’s Rental Market

What makes a multi-unit real estate project financeable? In this episode of RESA’s Real Talk, host Brando Larice speaks with Andrew Germain, Associate Analyst at Peoples Group, about CMHC-insured lending, underwriting, project feasibility and the financial analysis behind rental housing development.

They discuss MLI Select, housing affordability, Calgary’s changing rental market and the factors lenders consider when reviewing a project. Andrew also shares how he entered commercial real estate and offers advice for students looking to build a career in the industry.

Links
Andrews LinkedIn Profile: https://www.linkedin.com/in/andrew--germain/
Internship Program: https://ventureforcanada.ca/programs/internship-program