The construction industry is complex, and many lenders are not necessarily in possession of the resources or expertise within their institutions to monitor all technical issues and performance requirements and/or develop an informed view of associated cost issues. The professional practice of project monitoring is therefore a means to minimize lenders’ risk exposure in the administration of its loan for a given construction project. The Royal Institution of Chartered Surveyors (RICS) and Canadian Institute of Quantity Surveyors (CIQS) convened a panel of leading practitioners in the field of project monitoring to develop a Guidance Note for project monitoring in Canada.
The Guidance Note will be formally launched in Calgary with a discussion of key aspects covered in the Guidance Note as well as best practices. Panelists would include representatives of banks and developers to give their perspective on the subject matter.
8:00AM - Registration and Networking Breakfast
8:30AM - Panel Discussion
9:30AM - Q & A
Alistair Dearie - MRICS, Partner, BTY Group
Alistair brings clients more than 18 years of industry experience in Cost Management and Project Monitoring for Authorities and Owners, Developers, Lenders and Architects. His areas of special expertise include the assessment and analysis of construction projects and identifying key areas of risk within projects, as well as solutions for their mitigation. He serves on the RICS Board and contributed to the RICS’s recent publication on Guidance Notes for Project Monitoring Services.
Brandon Billsten - PQS, Director, Turner & Townsend
Brandon has provided technical due diligence and cost monitoring advice to Lenders over the last 10+ years across multiple sectors including health, commercial, retail, hotel & leisure, residential, education, land servicing and industrial. Working with all the major banks and boutique property lenders, Brandon has provided technical due diligence advice on a wide range of developments. This has also included assisting lenders and developers managing distressed assets.
Stuart Boyce - PQS, Director, Altus Group
Stuart holds the position of Director in Altus Group’s Cost Division, responsible for Developer and Lender services across Alberta, Saskatchewan, and Manitoba. Stuart’s wide ranging portfolio encompasses projects from single family homes to large scale, multi-million dollar, industrial, institutional, residential, and mixed-use developments. Stuart provides accurate and detail-oriented advice to lenders, developers and project stakeholders on a variety of consulting assignments at all stages of a project’s life cycle.
Jeff Rust - Vice President, Hopewell
As part of Hopewell Residential Management’s executive team since 2006, Jeff currently oversees the day to day operations and growth of the Multi-family Division. Jeff’s’ diverse background in operations, estimating, design, construction, development and customer service has contributed to the success of Hopewell Residential over the last 10 years, helping lead the division to its first Canadian Home Builders Association Calgary region Multifamily Builder of the year award in 2010.
Doug Milne, Managing Partner, Canada ICI Capital
Doug Milne is the Managing Partner of Canada ICI's Calgary office and has been working in commercial real estate for nearly 20 years. Doug has worked for some of Canada’s largest public and private real estate owners and developers. In this capacity he has coordinated over $3 billion in capital, working with pension funds, life companies, banks, trusts, and private equity to fund construction and term debt for all types of commercial and multi-family real estate.
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