![](https://www.citifund.com/wp-content/uploads/2017/10/Brentwood.jpg)
85% loan-to-cost acquisition financing for a high-rise development site in the Brentwood Town Centre area of Burnaby, BC. The site was placed under contract during a period in which land values had appreciated considerably. Citifund arranged financing with a lender that could recognize appraisal surplus, resulting in a lower cash requirement for the borrower.