Derek Townsend

Canada Makes Strong Effort in World Rugby Classic Plate Semi-Finals

Based in Vancouver, Canada, Derek Townsend is a principal with Citifund Capital Corporation, where he brokers commercial financing. A longtime rugby competitor who presently directs the Meraloma Athletic Club, Derek Townsend represented his country as a member of the Canadian team that participated in the recent World Rugby Classic in Bermuda in November 2019.

Mr. Townsend scored in a nail-biting, opening game in which Canada lost to Italy in a heartbreaking defeat. Subsequently, Canada gave its best effort in a plate semi-finals match against France.

This well-matched confrontation witnessed the teams draw even at 5-5 after a hard-fought first half, in which Canada could not convert on a pair of French yellow cards. Unfortunately, the second half was also a defensive grind that remained tied until late in the game, when a Canadian penalty allowed Yannick Lafforgue to score and give France an 8-5 win.

The rugby competition was only half the story for the Canadian team, which found a way to give back to the community by coaching and drilling aspiring Bermuda players at the Youth Rugby Development Camp.

Times Higher Education Ranks UBC 34th Globally

An executive in the Canadian mortgage lending industry, Derek Townsend serves as a principal of Citifund Capital Corporation. In order to prepare for his career, Derek Townsend earned a bachelor of science from the University of British Columbia in Vancouver, where he also played Thunderbird football. Today, he closely follows rugby, a sport that he played on the national level.

Serving more than 64,000 students, the University of British Columbia (UBC) recently announced that it achieved 34th place on the 2019 Times Higher Education World University Rankings. Last year, UBC ranked 37th. The elevated position on the list is in part the result of the institution’s growing reputation for research and teaching excellence. Additionally, UBC scored highly in the Times Higher Education International Outlook category, which gauges an institution’s ability to attract faculty and students from around the world.

The Times rankings were established in 2004. In 2019, the rankings assessed 1,396 institutions of higher learning across 92 regions and countries, more schools than ever before, making UBC’s achievement all the more noteworthy.

About Derek Townsend

A commercial mortgage broker, Derek Townsend serves as a principal and co-owner of Citifund Capital Corporation in Vancouver, British Columbia. Derek Townsend is the youngest principal in the company’s history, and among his responsibilities in the position, he serves as the firm’s authority in the rental apartment market sector. Under his direction, the company has produced more Canada Mortgage and Housing Corporation-insured apartment financing in British Columbia than any other firm.

Derek Townsend joined Citifund Capital Corporation in 2012 and has held multiple positions at the company. From 2016 and 2018, he worked as a commercial mortgage broker and vice president, and from 2012 to 2016 he fulfilled the role of commercial mortgage broker and associate. In 2018, he completed approximately 70 transactions totaling more than $420,000,000, and in 2015 he received the distinction of being the highest producing associate at the company.

Beyond his professional responsibilities, Derek Townsend is an avid participant in the game of rugby. Having both played and coached the game, he currently serves as the head of the Meraloma Rugby Alumni Committee.

Derek Townsend : Website