We currently finance a variety of real estate asset classes in major urban markets across Canada, including:

  • Retail
  • Multi-residential (including: Apartment Buildings, Condominium Projects, Student Housing and Retirement Homes)
  • Industrial
  • Office Buildings
  • Zoned land and serviced lots
  • Mixed use properties
  • Special purpose including self storage and parking lots

Loans can be used to finance acquisitions, equity take-out, construction, renovation or bridge to a future sale or refinancing.

First Mortgages
Loans are available on properties where traditional institutional lending is not available, such as:

Income Producing Properties
Loans are available on income producing properties in situations where traditional institutional lending is not available, such as:

  • High loan to value requirements
  • Current vacancy issue or income has not been stabilized

Construction Financing
Financing is available for development and re-development projects where:

  • Higher ratio loans are required
  • Institutional level of pre-sales or pre-leasing is not achieved
  • Borrower’s covenant may not meet bank’s requirement

Bridge Loans
Available for:

  • Condominium inventory loans
  • Properties that have not achieved stabilized income or are being repositioned
  • Bridge to a future sale or refinancing

Subordinate Debt
Second Mortgages on Income Producing Properties Available for:

  • Acquisitions
  • Equity withdrawals
  • Bridge to mortgage refinancing

Mezzanine Loans for Development Projects
Available where:

  • Borrower requires additional equity to secure a construction loan from a bank
  • Presales or preleasing is not sufficient to obtain a full construction loan from a bank
  • Additional equity is required during construction, for cost overruns or equity withdrawals

Equity/Joint Venture Loans
Available where:

  • Owner or developer requires capital or expertise to acquire or develop real estate project
  • Each investment opportunity will be examined on a case by case basis
  • May be structured as participating debt or equity, depending on circumstances

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