Episode 2: Apartment Development – How to Get Started

In Episode 2 of the RMS Real Estate Development Podcast, Curtis Way is joined by RMS Executive Vice President Dan Demers for a practical deep dive into the apartment development process.From finding the right site and navigating municipal approvals to financing, consultants, construction contracts, and lease-up, this episode walks through the real-world steps involved in bringing a multifamily project to life.The conversation covers:How developers evaluate and select apartment sitesWhy “beauty is in the eye of the beholder” in real estateThe importance of zoning, environmental reports, and geotechnical studiesWorking with architects, engineers, lawyers, and consultantsCMHC financing and the realities of today’s lending environmentDevelopment permits, appeals, and municipal challengesConstruction contracts, liens, contingencies, and risk mitigationLease-up strategy, carrying costs, and deciding whether to hold or sell a buildingCurtis and Dan also share stories from their own experience developing multifamily projects across Western Canada, along with practical lessons for aspiring developers looking to avoid costly mistakes.Whether you’re considering your first development project or simply want a better understanding of how apartment buildings actually get built, this episode offers a candid look at the process behind the scenes.To learn more about the RMS Group, please visit: https://rms-group.ca/This series was produced by Road 55 in Edmonton, Alberta – Learn more at: road55.ca