What’s the real reason most real estate development projects fail?
In the eleventh episode of the BLD Financial Podcast, we sit down with Ryan Valente, a hands-on real estate developer with over 15 years of construction experience and a growing portfolio of mid-sized multi-family projects across Toronto. From custom home building to CMHC-financed 4-plexes, laneway suites, and now an 18-unit build in High Park—Ryan has lived every phase of the development cycle.
In this episode, we dive into:
✅ Ryan’s journey from high-end custom home builder to full-scale multi-family developer
✅ The reality of construction risk, cost overruns, and why execution is everything
✅ How Ryan navigated CMHC’s MLI Select program (and the setbacks they never tell you about)
✅ Raising capital, working with high-net-worth partners, and structuring long-term portfolios
✅ The painful disconnect between bureaucrats and builders—and what needs to change
✅ Tips for new developers: why your builder might be your biggest risk
✅ Parking-light design, transit-oriented sites, and lessons from building in Toronto’s west end
✅ How to scale responsibly, partner wisely, and survive policy shifts, interest rate swings, and financing delays
If you're a builder, investor, or aspiring developer navigating the missing middle, this episode is a must-listen. Ryan doesn’t just talk about development—he’s in the trenches, building smarter, leaner, and for the long haul.
Follow & Connect with Ryan at Reside Properties:
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TikTok - https://www.tiktok.com/@reside_properties
Website - https://www.resideproperties.ca/
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YouTube - https://www.youtube.com/@bldfinancial
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