This mixed project was financed at 60% Loan to Cost construction at P+0.85% (2.45%+0.85% = 3.30%).  Located in the Brookswood-Fernridge neighborhood of Langley, the 3-storey mixed-use building includes retail at grade and residential rental suites on floors two and three.

An 81% LTV CMHC insured refinancing of this 3-storey rental apartment building in Vancouver. The loan provided the borrower the additional capital to fund the construction of 3 new units in the basement while securing a very low 10-year rate of 1.83%.

A 73% loan to value CMHC insured financing for the purchase of this rental apartment building in the Marpole area of Vancouver. The 10 year term loan was fixed at a 2.68% rate.

A CMHC insured term financing for the refinancing of this fully renovated rental apartment building near “The Drive” in Vancouver.  This 85% LTV loan was fixed at 2.46% interest rate for 10 year term.

A 60% LTV 5 year term financing was arranged for this rental apartment complex in Kitimat.  The loan facilitated a large equity take out with a conventional interest rate of 3.10%.

A 70% LTV term financing for this newly renovated rental apartment building in Esquimalt.  The 5 year conventional term was locked in at 3.10%.

The $14,100,000 loan represents 60% loan to value for this 65-unit townhouse site in East Vancouver.

A 72% loan to purchase price for the acquisition of these five retail units located within “Village Walk” building in Oak Bay, Victoria. The 5-year term rate was locked at 2.45%.

Citifund is please to have arranged 77% loan to cost, single lender construction financing at P+1.25% on the Sparrow in the heart of Chinatown.

$25,400,000 87% Loan-to-Cost conventional construction financing for this 46 unit apartment building with retail on the main floor.  The building was approved as part of the Rental 100 program and is located on North West corner of Main and 41st Avenue in Vancouver

A non-recourse CMHC insured loan for the refinancing and equity take out of this 11-unit rental apartment building in Vancouver, BC. This financing was completed within a one month timeline without personal guarantees. The 10-year term was set at 2.41%.

A non-recourse CMHC insured loan for the acquisition of this 28-unit rental apartment building in Abbotsford, BC. This financing assisted the borrower to close on the purchase without providing any personal or corporate guarantees. The 10-year fixed rate was set at 2.59%.