Improve cash flow before applying for financing
Strengthen collections, working capital, spending discipline, and forecast visibility before asking a lender to underwrite repayment capacity.
Read the insightFractional CFO insights
Clear explanations for cash flow, financing, transactions, and complex owner decisions.
Practical notes from a Vancouver fractional CFO perspective, including specialist development and real estate finance.
Financing readiness and fractional CFO guidance
Strengthen cash flow, forecasting, lender readiness, and after-tax owner decisions before the next major commitment.
What a lender sees in the model
Debt capacity depends on sustainable cash flow, DSCR, working capital, collateral, and whether the forecast is connected to actual operating drivers.
Read the insightOwner tax leakage check
Compensation, holding companies, passive income exposure, investment structures, and exit plans can quietly change after-tax wealth.
Read the insightVancouver development and market notes
Real estate decisions sit inside a broader housing market operating system: land constraints, credit conditions, policy rules, supply, expectations, demographics, income, and cycle risk.
How to screen rezoning opportunity
Compare existing zoning with community-plan potential, transit access, precedent approvals, political support, site configuration, and the FSR uplift that can be converted into feasible floor area.
Why presales discipline the spreadsheet
For condo development, revenue assumptions must eventually be tested by buyer demand. Low, base, and high price cases matter because construction financing often depends on presale thresholds.
What must go right?
A project that only works with instant approvals, perfect pricing, no cost inflation, and easy financing is not a strong project. Good underwriting looks for resilience under imperfect conditions.
Acquisition, exit, and real estate analysis
Apply the same financial discipline to buying a business, preparing for sale, evaluating property, or testing a development site.
Financial due diligence before buying a Vancouver small business
Verify sustainable earnings, working capital, hidden liabilities, acquisition financing, and post-closing cash needs before conditions are waived.
Read the insightBuying a business in Canada: three numbers to verify first
Normalized EBITDA, working capital, and owner add-backs often change the deal more than the asking price.
Read the insightExit readiness: normalize EBITDA before going to market
Clean financials, defensible add-backs, working-capital schedules, and a credible earnings bridge help buyers trust the business and the asking price.
Read the insightCap rate is not cash flow
Cap rate values the property before debt. Cash-on-cash return, DSCR, amortization, and refinancing pressure explain what the owner actually experiences.
Read the insightNOI quality matters
Adjusted NOI should separate recurring operations from one-time items, deferred repairs, vacancy assumptions, and seller-friendly add-backs.
Read the insightDevelopment land is a residual value problem
Future sale price drives today's land value. Buildable area, costs, financing, and required profit determine what land is worth.
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