DEREK TOWNSEND – OWNER, PRINCIPAL
Since joining Citifund in 2012, Derek has centered his business around rental apartment financing. He arranges debt for all asset classes, specializing in CMHC insured, purpose-built rental projects, conventional and bridge financing. In the last ten years, Derek has arranged over $3 Billion in apartment financing alone and has become a leading expert in this market sector with clients ranging from private investors to REITs. Beyond structuring debt, Derek is a dedicated volunteer in the industry and community. He is an active board member with UDI U40, LandlordBC, and the Canadian Federation of Apartment Associations.