Behind Closed Boards
Behind Closed Boards
Mike Kellman (North Shore Bank) | How to Navigate Construction Financing in Today's Marketplace
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Mike Kellman, of North Shore Bank, chats with us regarding how to navigate construction financing in today’s marketplace. For reference’s sake, this podcast was recorded on…. December 16th, 2022.
The Altius Building Company's "Behind Close Boards" podcast features interviews, chats, and brews with building reviews with industry experts.
Behind the Boards - How to Navigate Construction Financing in Today's Marketplace Episode 8 (Mike Kellman - North Shore Bank)
Friday, December 16th, 2022
:07s - Opening with Host Jonathan Ward
:25s - Introduction of Mike Kellman - North Shore Bank
1m:20s - Current State of Construction Finances and Mortgages
4m:13s - Projections for Next Six-12 Months
5m 40s - Three Areas Banks Stress When Reviewing Financing
7m:09s - What Contingencies do Banks Build into Financing?
8m:28s - What Adjustments are you Seeing People Make and What are the Best Practices?
11m:10s - What Resources do you Suggest for Those Seeking to Finance in the Year to Come?
14m:09s - Circling Back to Interest Rates...
15m:30s - Do you feel there's Such a Phase That Developers Need to Take a Pause?
17m:32s - Addressing the Issue of Financing Rehabs of Older Stock Housing
20m:12s - What's New at North Shore Bank
21m:18s - Wrap-up/Closing
21m:38s - END