ACTIVITIES AND PANELS

Wednesday, March 26, 2025

10:30 AM – 12:00 PM

Financing Tall Timber: What Financiers, Investors, & Developers Are Looking for in a Project Proposal

Oregon Ballroom 201
Track 4
1.5 AIA/CES LUs, 1.5 PDH credits, or 0.15 ICC credits

Content curated by ULI Northwest and the ULI Randall Lewis Center for Sustainability.

Moderator:

Tim Gokhman
CEO
Timber + Partners
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Roundtable Panelists

Justin Preftakes
Managing Director - Head of US Construction Lending
Barings
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Aaron Fairchild
Co-Founder
Cambia Capital
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Erica Spiritos
Owner
Erica Spiritos LLC
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Session CEUs: Course Description and Learning Objectives

Course Description

This course explores the financial landscape surrounding the development of tall mass timber buildings, focusing on how key investors and developers evaluate these projects. Participants will gain an understanding of the key financial considerations and requirements that influence the feasibility and attractiveness of mass timber projects, including cost-benefit analysis, risk assessment, and funding structures. Through a review of financing options, environmental and sustainability incentives, regulatory challenges, and market demand, attendees will learn how to craft compelling project proposals that align with the expectations of investors and developers.

Learning Objectives

  1. Identify and understand the various financing options and structures available for tall timber projects, including equity financing, debt financing, and incentives.
  2. Assess the financial viability of mass timber projects by analyzing cost structures, ROI projections, and risk factors associated with tall timber buildings.
  3. Develop an understanding of what financiers, investors, and developers prioritize when evaluating mass timber proposals, including profitability, environmental impact, and market potential.
  4. Explore how the broader economic environment and market trends influence the financial attractiveness of mass timber projects, with a focus on future demand for sustainable building materials.