Limited advisory cohort

By application only — once we're at capacity, we close this offer.

Rock Advisors

By application · for condo developers moving into apartments & new apartment builders

Your feasibility study, free.
Your advisor, on call.

We take on a limited number of developers at a time — the ones whose projects we can genuinely move the needle on. Apply with your land and project. If it's a fit, you get a lender-ready feasibility study worth up to $15,000, free, and an apartment specialist beside you every month.

40+ yrs
apartment specialists
$15,000
study value, free
Limited
spots per cohort

What accepted applicants get

The study other firms charge $5k–$15k for — free.

Most developers commit millions before anyone checks whether the apartment deal actually works. We flip that. When you're accepted, our team builds your feasibility study — the document that gets your deal taken seriously in a financing conversation — and hands it to you at no cost. That's how we prove the relationship before you pay for advice.

  • Unit mix & rent assumptions grounded in real market data
  • Hard + soft cost model and stabilized value
  • Yield-on-cost, cap-rate and return read-out
  • The numbers framed the way a lender underwrites them
Apply for your free study →
Feasibility Study Up to $15,000 · paid FREE
Market & rent analysisIncluded
Optimal unit mixIncluded
Cost-to-complete modelIncluded
Stabilized value & returnsIncluded
Lender-ready formattingIncluded
Yours to keep whether or not you build with anyone. No strings.

Who we work with

We can't help everyone — and we don't try to.

Our advisory bench is deliberately small, so we only accept developers and landowners we can genuinely move the needle for. Here's who tends to be a strong fit.

A strong fit if you…

  • Own or control land in Canada you want to build purpose-built rental on
  • Come from condos and want apartment-grade judgment
  • Are serious about building in the next 24 months
  • Want a partner through design, financing and lease-up — not a one-off report
  • Value straight answers over cheerleading

Probably not a fit if you…

  • Just want the cheapest report you can find
  • Have no site and no intention to build
  • Won't act on hard feedback about your plan
Limited capacity. We open a small number of spots per cohort, and once we're at capacity, we close this offer. Applying is free and takes a few minutes — and it's the only way in.

The expensive mistakes

Design it wrong, build it in the wrong place — and pay for it for decades.

Condo developers build to sell. Apartments are built to hold — and the decisions that look small on paper compound for the life of the building. Four of them quietly wreck returns:

Wrong unit mix

Too many large suites in a market that rents small ones faster — lower rent per square foot and slower lease-up.

Wrong suite sizes

Suites sized for a condo buyer, not a renter — you pay to build square footage that never earns its rent back.

Wrong location

A site that works for ownership but not for rental demand, rents or absorption — the whole pro-forma rests on it.

Wrong product type

The wrong asset for the market — luxury where there's no depth, or missing the segment that would lease in weeks.

One conversation with an experienced apartment advisor — before you design or dig — can save you years of headaches and millions of dollars later.

Check where your deal stands →

60-second deal snapshot

Is your apartment deal worth building?

Three numbers give you an indicative read right now. If it's promising, apply — and we'll build the real, lender-grade version free.

Indicative only. Assumes ~40% of gross rent to vacancy + operating costs and a 4.25% stabilized cap rate. Your free study replaces these with real, deal-specific numbers.

Yield on cost
—
Stabilized NOI / yr
—
Indicative value
—
Development spread
—
Enter your numbers to see where the deal stands.
Apply to get the lender-grade study — free →

How it works

Three steps — and it starts with an application.

1

Apply with your land

Tell us about you and your site — a few minutes. The more we know, the better we can assess fit.

2

We review for fit

We look at your project and our capacity. If it's a match, we invite you into the cohort — spots are limited.

3

Enroll & get your study

Accepted members enroll, receive their free feasibility study, and get an advisor on call every month.

The Rock Advisor Plan

What you're applying into.

Every tier includes a free feasibility study and a member discount on all Rock Advisors services. Enrollment is by invitation once your application is accepted.

Silver Advisor

Entry · get started

$2,999to join+
$499/ month
INCLUDED FREE
Market Snapshot
$5,000 value
  • 1 group office hour / month
  • 1 private 1-on-1 / month
  • Quarterly market & rent data
  • Feasibility template kit
5% off all Rock services
Your discount applies to
  • •Sales brokerage
  • •Mortgage & financing placement
  • •Lease-up & marketing
MOST POPULAR

Gold Advisor

Lender-ready

$6,999to join+
$699/ month
INCLUDED FREE
Lender-Grade Feasibility
$10,000 value · built to lender underwriting standards
  • 2 group office hours / month
  • 2 private 1-on-1s / month
  • Ongoing advisory + design reviews
  • Warm lender introductions
10% off all Rock services
Your discount applies to
  • •Sales brokerage
  • •Mortgage & financing placement
  • •Lease-up & marketing

Platinum Advisor

Full partner

$8,999to join+
$899/ month
INCLUDED FREE
Full-Scope Feasibility
$15,000 value · the complete study
  • 4 group sessions / month
  • 4 private 1-on-1s / month
  • Priority advisory + capital intros
  • Front-of-queue project work
15% off all Rock services
Your discount applies to
  • •Sales brokerage
  • •Mortgage & financing placement
  • •Lease-up & marketing
◆

Gold & Platinum include ongoing advisory: live market intel, positioning, design reviews that flag what's wrong and how to fix it, and answers to any apartment-development question — plus we take on project work while you're on plan.

Your membership pricing

Rock Advisors services & member pricing

Your plan's feasibility study is free. On every other Rock service, members save by tier.

Feasibility study

Your plan's study is included free. Need a higher-tier study than your plan? Members get 5–15% off instead.

Market Snapshot$5,000free
Lender-Grade Feasibility$10,000free
Full-Scope Feasibility$15,000free

Free on the matching plan — Silver: Market Snapshot · Gold: Lender-Grade · Platinum: Full-Scope. A higher-tier study than your plan is discounted, not free.

Sales brokerage

Commission on the sale of your building, by deal size:

Up to $50M1.0%
$50M – $100M0.75%
Over $100M0.5%

Members save 5–15% on these rates, by tier.

Mortgage & financing placement

Placement fee on the loan amount, by loan size:

$5M and below1.5%
First $20M of loan1.0%
$20M to $50M0.75%
Above $50M0.5%

Members save 5–15% on these rates, by tier.

Lease-up & marketing

Quoted per project, based on unit count and scope.

Members save 5–15%, by tier.

Cancel anytime · upgrade anytime.

Rock Advisors

Part of the

DALA Group of Companies

Apartment Intelligence & Leadership

You're not hiring a consultant. You're borrowing four decades of apartment judgment.

Rock Advisors (Derek A. Lobo & Associates) has specialized in apartment development, feasibility and brokerage for over 40 years — the firm developers and lenders call when the asset is purpose-built rental. The Rock Advisor Plan puts that bench on your project, every month.

What members get out of it

"The study caught a unit-mix problem that would have cost us more than the plan did for a decade."
Developer · purpose-built rental, GTA
"We came from condos. Having someone to call before every decision changed how we build."
Condo builder moving into apartments
"The pro-forma was in the shape our lender wanted. Financing moved in weeks, not months."
First-time apartment developer

Illustrative member outcomes.

Questions developers ask

Why is it by application?+

Because the advisory is high-touch and our bench is small. We'd rather do exceptional work for a handful of developers than shallow work for many. Applying lets us check it's a genuine fit on both sides.

Can I just pay to join?+

No. Enrollment opens only after your application is accepted. If we're not the right partner for your project, we'll tell you — and point you in a better direction.

Is the feasibility study really free?+

Yes. Accepted members get the study — worth $5,000–$15,000 by tier — at no cost, to keep. We give value first; the monthly advisory is what you stay for.

What happens after I apply?+

We review your project and our current capacity, usually within a couple of business days. If it's a fit, we send a private enrollment link. If not, you'll hear from us either way.

Can I cancel later?+

Anytime. Enrollment covers your study and onboarding; the monthly continues only as long as it's earning its keep. Upgrade or downgrade as your project changes.

Apply to the cohort

Tell us about you and your land.

A few minutes. We review every application for fit — spots are limited — and reply either way, usually within two business days.

1 · About you

2 · Your land & project

Have more than one site? Add them all.

3 · Fit

Applying is free and places you under no obligation. We'll only use your details to assess fit and get in touch.

Call Apply now