Statesman Capital and its affiliates have been involved in real estate development, management, construction and business enterprises for over 35 years. Our extensive real estate and business experience provides us with a thorough understanding of the markets into which we lend. The following individuals are the senior managers of the company:
Over the past eighteen years, Mr. Lipetz has structured and managed a variety of real estate financings, acquisitions and dispositions. One of Mr. Lipetz’s notable transactions was the purchase, development planning, subdivision and subsequent sale of a 17.5 acre portion of the 43 acre Canfor Eburne Saw Mill site in Vancouver, BC to the Greater Vancouver Transportation Authority.
Mr. Lipetz is a graduate of the University of British Columbia with a Bachelor of Laws and also studied at the UBC Faculty of Commerce, Department of Urban Land Economics. Mr. Lipetz practiced income tax litigation with McCarthy Tetrault prior to embarking on his business career.
Michael Balakshin has over 25 years of experience in arranging and underwriting mortgages from both institutional lenders and private mortgage sources. His areas of expertise include residential mortgage financing, commercial mortgage financing and construction financing. He has been responsible for the administration of mortgages with his previous employers. Also, he has expertise in the management of commercial and residential income producing properties.
Mr. Balakshin is a graduate of the University of British Columbia where he obtained a Bachelor Degree in Applied Science and Masters Degree in Business Administration in Finance. He is licensed under Mortgage Brokers Act as a sub-mortgage broker of Statesman Capital Corporation.