Income-producing multifamily and mixed use rental
properties (5+ units)*
$3 million to $75 million+
Up to 95% with CMHC insurance
5 or 10-year, up to
50 years amortization
*Available for new construction, acquisition and term financing with portfolio lending options for multiple properties.
Mike Sagert joined Timbercreek in April 2025 as Executive Director, CMHC Multifamily Program. In his role with Timbercreek, Mr. Sagert assists with the development and launch of Timbercreek’s CMHC business. He plays an instrumental role in coordinating internal efforts as well as building relationships with external investors and CMHC.
Mr. Sagert previously worked for KV Capital as Vice President, CMHC Multifamily where he was responsible for the growth and development of the CMHC Multifamily lending platform. Prior to this, he worked as Vice President & Managing DIrector, CMHC Multifamily at CMLS FInancial and in various roles at Canada Mortgage and Housing Corporation.
Mr. Sagert obtained his Bachelor of Management, Major in Economics from University of Lethbridge.
Contact: msagert@timbercreek.com
Shameelah Pirbuccus joined Timbercreek in June 2025 as Associate, CMHC Multifamily Program. In her role with Timbercreek, Ms. Pirbuccus assists with underwriting, investor relations, individual loan due diligence, and capital markets activities.
Ms. Pirbuccus previously worked as Senior Bilingual Analyst, CMHC Underwriting at CMLS Financial where she was responsible for conducting in-depth analysis and appropriate due diligence to gain a solid understanding of the Borrower for CMHC loan applications. Prior to this, she worked as Senior Bilingual Commercial Mortgage Analyst at CIBC and Bilingual Mortgage Funding Officer at Scotiabank.
Ms. Pirbuccus obtained her Business Accounting Diploma from Humber College.
Contact: spirbuccus@timbercreek.com
Bernie Billesberger joined Timbercreek in September 2025 as Associate, CMHC Multifamily Program. In his role at Timbercreek, Mr. Billesberger will focus on supporting the expansion of CMHC term and construction lending initiatives. He will also contribute to underwriting and assist with various responsibilities within the existing Timbercreek operations.
Mr. Billesberger has most recently worked for MCAP Financial as Senior Analyst, Development Finance where he was responsible for underwriting in excess of $500M in conventional financing structures for land acquisition and servicing and liaised with internal and external investors to facilitate syndicated mortgage loans. Prior to this, he worked as Account Manager, Construction Finance and Senior Analyst, Construction Finance at CMLS Financial and Bilingual Commercial Funder at First National Financial.
Mr. Billesberger obtained his Bachelor of Arts from University of Saskatchewan.
Contact: bbillesberger@timbercreek.com
