80% Loan to Cost interim financing for the acquisition and renovation of this 42-unit rental apartment building in New Westminster, BC. The construction financing allows an initial advance, at closing, at 86% of purchase price and the subsequent constructions draws to be advanced on an 80/20 split between the lender and the borrower. This allowed the borrower to limit their equity at closing and inject the remaining equity over the 18 month term.

$6,300,000 in interim financing for the purchase, complete renovation and repositioning of this 25-unit rental apartment building in New Westminster, BC. The financing is 84% of the total project cost at a rate of 6.25% for 18 months.

A blended mortgage totalling $66MM (73% LTC) for the 152,000sf Maker Exchange office building in Railtown. The flexible loan structure allows the developer to increase leverage beyond 73% as the leasing program progresses.

87% of cost construction financing at P+0.9% (4.6% today) for Beltline, a four storey strata building in Mount Pleasant.

83% of cost construction financing totaling $225MM for this two tower (phase one) project in White Rock. The two mixed-use high-rise towers total ±390,454 sf and are situated in the heart of White Rock.

90% of cost construction loan with land at appraised value.

81% of cost construction financing for the 121-unit wood-frame strata condominium development project in Surrey. The two 6-story buildings total ±94,656 sf.

Acquisition term financing at Prime +0.5% (3.70% today) for this single storey warehouse in the popular Railtown District. The loan allowed the borrower economic financing to transition the property to a long term hold.

A 9,842 sq. ft. building on 0.922 acres located near Cottonwood Mall. Tenant is First West Credit Union but occupied by a company division: Envision Financial. Local buyer purchased for long term hold. The loan represents 63% of purchase price and is for a five year term at 3.35% with a 25 year amortization.

$3,785,681 in CMHC insured financing at 2.075% (5 year term). The borrower refinanced this 17 unit apartment after completing a full scale renovation of the building. This financing allowed the borrower to lock into a long term rate and withdraw over 100% of the equity from the original investment.   The proceeds of this financing were utilized to purchase another apartment asset.

$5,500,000 in interim acquisition financing for this 22-unit rental apartment building in the Hastings area of Vancouver. The subject loan is 93% of the purchase price which will allow the borrower to fully renovate the building to a high end standard within an 18-month timeline.

A popular and well located 83 room motor inn near the Langley By-pass and Surrey/Langley border. Full service facility with pool, restaurant and business centre. Off shore buyer purchased for long term hold at a price of $15,000,000. Loan is a five year term at 3.49% and 25 year amortization.