$11,000,000, a 72% of cost term loan floating at 4.35% to allow for project expansion.
Archives: Projects
Post Type Description
$12,500,000 A 71% of cost acquisition loan with a 5-year term at 3.15% secured by this stratified shopping center in the heart of Point Grey.
$18,250,000 63% of cost acquisition financing secured by this retail centre and tower development sites in the heart of White Rock.
$2,450,000 in term financing, a full leverage loan on a 5 year loan term with only 2 year tenant lease for this complex in Langley, BC.
$3,225,000, 72% loan to value and a 4.0% ten year fixed rate term loan for this owner occupied industrial facility in the Gloucester Industrial Park.
$3,750,000 in low-priced acquisition and term financing at full leverage for this facility in Richmond, BC
$3,800,000, 75% loan to value and a 4.25% ten year fixed rate term loan for this owner occupied industrial facility in the Gloucester Industrial Park in Langley, BC.
$4,200,000 in term financing on this prime light industrial building in the Shellmont area of Richmond. The ten year interest rate was 4.2%.
$4,600,000 With the first strata warehouse sold out, a 75% of cost construction financing was arranged for the second strata warehouse in the River’s Edge Business Centre, Port Coquitlam’s premium business park.
$4,800,000 in full leverage acquisition term financing for this 24,500 sq. ft. multi-tenant warehouse in Burnaby, BC.
$6,100,000 a 65% loan to cost strata construction loan, with zero pre-sales, in the esteemed Glenlyon business park in South Burnaby.
$6,100,000 A two building term loan with a 3.45%, 5-year rate. This flexible mortgage structure allowed the borrower to acquire one of the properties with the lowest interest rate despite some short term leases and some vacancy.