Michael Staltari Email & Phone Number

Toronto, On, Ca

Toronto, Canada Area

o Calculate projected profits of projects sent by developer using accredited data and research o Outline potential city requirements to achieve builders intended use for property, including re-zoning inquiries and official plan allowances/amendmentso Run test-scenarios for liquidity exit strategies of potential projects, proving a sufficient margin for profits or break-even scenarios o Calculate improved NOI of residential rental buildings while incorporating construction costs, rent increases, and realistic completion time for projects

o Communicated effectively with developers and lending-partners to understand and mitigate risks associated with the project. Worked closely with key consultants through various stages of approval (OPA, ZBA, SPA) such as planners, cost consultants, environmental engineers and market research firms.o Negotiated with developers on credit terms and use of funds to optimize cash flow and effectively progress the project to reach the next milestone. Re-evaluated current loans and project-milestones to efficiently coordinate extensions, renewals or loan increases when justified.o Created and completed internal project reports for risk committee and potential lending partners; clearly presented to senior partners of the firm to discuss the strengths and potential risks of the deal.o Structured over $300MM of debt financing in Southern Ontario (GTA, Golden Horseshoe, York Region) to meet both the Developer’s financing goals of the project and the target risk / return profile for investors.o Identified areas of improvement in the internal process and brought in new systems and operations to improve efficiency.

Toronto, Ontario, Canada

- Seek new debt-financing opportunities (mainly land) for real estate developments within the GTA and the Golden Horseshoe- Work with Borrowers, Developers and 3rd party consultants to achieve the financing goals of the project at various stages of the development process

Toronto, Canada Area

- Performed detailed financial and market analysis of potential new loans. Comprehensively collected and reviewed incoming due diligence required for different transactions, such as planning, cost consultant and environmental reports.- Provide logical and realistic opinions to the Managing Partner from the feedback received from various 3rd party professionals. Coordinated closing documents with solicitors once due diligence was satisfactory. Introduced a new portfolio management system and assisted with the technical conversion of data to the new internal system.

Toronto, Canada Area

o Oversee and manage loans from initial funding until repayment, including construction loans with monthly progress draws requiring comprehensive involvement with cost consultant reports, letters of credit, and partial discharges depending on the structure of the loan.o Establish and professionally manage relationships to finalize funding conditions of the commitment.o Successfully funded over $100MM and responsible for the management of a portfolio of $220MM+ o Administrative responsibilities such as review of sufficient insurance, corporate financials and more.

Bachelor Of Commerce - Bcomm, Real Estate Management, Minor In Finance, Focus In Economics And Sustainability

High School Diploma

Activities and Societies: Was a strong and committed member of the Soccer and Track team and dedicated member to the Italian club.