An 85% LTV CMHC insured financing of this renovated rental apartment in the Grandview-Woodland area of Vancouver.  The 10-year rate was locked at 1.72% which allowed the borrower to maximize leverage and repatriate the project renovation costs.

A 74% LTV CMHC insured financing of this well-managed rental apartment building in the Fairfield neighborhood of Victoria.  The 10-year term was fixed at 1.68% which allowed the borrower 100% equity take out to facilitate other development investments.

A 70% loan to cost acquisition financing of this recently completed apartment in Kamloops South Shore community.  The conventional term loan was locked in with a 2.45% 5-year rate.

An 85% LTV CMHC insured financing of this 3-storey rental apartment building near downtown New Westminster.  The loan allowed the borrower to repay the existing interim loan and repatriate equity to facility expansion.  The unique structure provided the client a 1.73% 10-yr rate and the capital to fund a 50 unit expansion adding 2.5 extra floors.

The project loan represents 85% loan to cost with land at appraised value.  The loan structure used a combination of Senior and Mezzanine debt which allowed the Borrower to start the project without any presales. The first and second mortgage equated to a blended annual rate of 4.41%, which is very reasonable given the zero pre-sale requirement.

The project loan represents 85% loan to cost with land at appraised value.  The loan structure allowed the Borrower to start the project with an 11% pre-sale threshold, and the pricing of this loan equates to prime + 0.5% (annually).  The well designed project in the town of Sidney on Vancouver Island includes 34 luxury condominium units.

The project loan represents 80% loan to cost with land at appraised value.  The loan pricing including senior debt, mezzanine debt and DPI equates to a blended 4.1% rate (annually).  The well designed project in Newton includes 90 condo units and retail on the main.

The 5-year rate on this CMHC term loan was fixed at 1.36%.

A 74% Loan to Value CMHC insured financing for the purchase of this rental apartment building in Mount Pleasant area of Vancouver. The
10-year term loan was fixed at 2.31% rate.

A full leverage CMHC insured refinancing of this rental apartment building in Kamloops. The 10-year term loan was locked at 2.06% which allowed for improved cash flow and an equity take out.

An 85% Lona to Value 10-year term CMHC refinancing at 2.3% interest rate (75 bps over 10 Year CMB) secured by this 12-unit apartment building in the downtown commercial area of Nanaimo.

This 71 unit apartment complex was financed at 70% Loan to Value with a 5 year-term rate at 3.3%.  The financing allowed the repayment of existing debt and the new leverage required to fund a substantial renovation.  Upon the completion of the renovations, a further lump sum advance will be available for further equity repatriation.