What can a private lender who's funded hundreds of real estate deals tell us about the future of housing in Canada?
In this episode of the BLD Financial Podcast, we're joined by Matt Gonsalves, Vice President & Broker at Foremost Financial, one of Ontario's leading private construction lenders.
Drawing from more than a decade of experience financing construction, land development, bridge loans, and Missing Middle housing projects, Matt shares what he's seeing in today's market and where he believes the biggest opportunities exist moving forward.
From the collapse in new housing starts and the rise of small-scale multifamily development to the costly mistakes new developers make, this conversation provides a practical, lender's-eye view of where opportunities exist and what investors need to understand moving forward.
We break down:
✅ Why small multifamily projects are becoming the sweet spot in Canadian real estate
✅ Why large development projects are struggling while smaller projects continue to work
✅ The future of Missing Middle housing and urban infill development
✅ Why many new developers underestimate capital requirements
✅ The biggest mistakes Matt sees investors and developers make
✅ How CMHC financing has changed the development landscape
✅ Why some projects get funded while others don't
✅ The impact of development charges, approvals, and rising construction costs
✅ Why Matt believes today's housing slowdown could create tomorrow's opportunities
Whether you're a real estate investor, developer, mortgage professional, or someone interested in where housing is headed in Canada, this episode provides valuable insights from one of the industry's most active construction lenders.
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About Matt Gonsalves:
Matt Gonsalves is Vice President, Broker, and loan originator at Foremost Financial, specializing in construction and land development financing across Ontario.
Since joining Foremost in 2013, Matt has become one of the industry's leading loan originators in the small-scale development and Missing Middle housing space. He has structured financing for land acquisitions, custom home construction, multiplex developments, walk-up apartments, bridge financing, condominium inventory financing, and commercial construction projects throughout Ontario.
Matt is particularly known for his expertise in financing multiplex construction and small infill housing developments in Toronto and the Greater Toronto Area.
Matt holds an Honours Bachelor of Business Administration from Wilfrid Laurier University.
Follow & Connect with Matt Gonsalves:
LinkedIn - https://www.linkedin.com/in/matthewgonsalves/
Instagram - https://www.instagram.com/mattgonsalvesto/
Learn more about Foremost Financial:
Website - https://foremost-financial.com/
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Facebook - https://www.facebook.com/BLDfinancial
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