$2,695,000 A 65% loan to purchase price financing for the acquisition of an apartment development site in Langford, BC. The financing is structured with a first and second mortgage to limit equity required from the borrower. This capital stack produced an attractive blended
rate of 4.59%.

$3,174,000 An 85% LTV CMHC insured financing for this renovated rentalapartment building in the Fernwood neighborhood of Victoria. The 10-year term was fixed at 1.66% which allows the borrower to repatriate renovation costs and pull equity out for future investment.

$5,500,000 A 75% of cost construction loan for the acquisition and renovation of this vacant rental apartment building in the Marpole area of Vancouver. The 2 year term was set at Prime+1.85%. The facility also allows the borrower to build more units on the fourth floor with no further equity required by the borrower.

$4,820,000 A 70% LTV CMHC insured loan for the refinancing of this rental apartment building in downtown Chilliwack. The 5-year loan was locked at 1.69%. The financing allowed the borrower to repay the existing loan with a low rate CMHC insured mortgage thereby improving cashflow and taking equity out.

$6,345,000 An 85% LTV CMHC insured loan for the refinancing of this renovated rental apartment building in the Maillardville neighborhood of Coquitlam. The 10-year loan was locked at 2.09%. The financing allowed the borrower to repay the existing bridge loan with a low rate CMHC insured mortgage thereby improving cashflow and taking equity out.

$6,821,000 An 84% LTV CMHC insured loan for the refinancing of this 8 building rental apartment property in Kitimat, BC. The 5-year rate was locked in at 1.365%. This financing allowed the borrower to payout the existing debt with low rate financing and meaningfully improve cash flow.

$9,598,000 An 85% LTV CMHC insured financing (73% of purchase price) for the acquisition of this new purpose built rental apartment building in Chilliwack. The 10-year term rate was set at 1.94% which included a 4 and a half month rate hedge. The building features condo-like quality and is stabilized with high market rent in place.

$11,500,000 A 70% Loan to Cost ‘Spec’ financing for this 89,942sf warehouse facility in the heart of Campbell Heights. The client wanted the
flexibility to build the project without any pre-leasing test.

$29,000,000 This retail refinancing represents 70% loan to value for the Wembley Mall, a food anchored power centre and shopping mall in Parksville, BC. The new financing allowed the owners to repatriate capital during turbulent times at P+1% (3.45%) with the option to switch to a 5-year fixed product when the Covid situation settles.

A 64% loan to purchase price term financing for the acquisition of this industrial unit in West Kelowna. The 5-year term rate was locked at 2.6%.

A 47% loan to purchase price acquisition financing for this 8-unit rental apartment building in the Marpole area of Vancouver. The 5-year conventional term was fixed at 3.10%. This financing allowed the borrower to close the purchase and start the renovation program.

A non-recourse CMHC insured loan for the refinancing of this 8-unit rental apartment building in the Cambie neighborhood of Vancouver.
This financing allowed the borrower to payout the existing debt and extract equity out for other investment use. The 10-year fixed rate was
set at 1.81%.