$14,500,000, A limited recourse 10-year term loan at 3.99% secured by this established self-storage business.
Archives: Projects
Post Type Description
$8,000,000 A 3.67% five year rate secured by this quality industrial manufacturing facility in the Big Bend industrial area of Burnaby.
$8,200,000 a 75% loan to cost construction facility at Prime + 1.75% (4.75%) with land at appraised value. This is phase one of a multi-phase development in Port Coquitlam’s premier business park.
$8,500,000 in low-priced term financing for this 96,500 sq. ft. single-tenant warehouse in Richmond, BC.
$8,750,000 in low-priced term financing for this 126,500 sq. ft. single-tenant warehouse in Langley, BC.
$9,000,000 Full Leverage Construction Financing. 78,300 sf spec construction, strata warehouse in Burnaby, BC.
$9,500,000 in low-priced term financing with a long amortization period for this self-storage complex in Richmond, BC.
$9,800,000 industrial term loan, 70% loan to value and a 4.0% ten year fixed rate term loan for the IMW (Clean Energy) facility. This loan included a fixed rate term plus a loan increase provision to allow for a building expansion. The borrower wanted to take advantage of long term rates despite having a tenant expansion underway.
$16,600,000, a two building term loan at 75% loan to value. This 5-year fixed rate mortgage allowed the borrower to term out the property before the asset was fully stabilized.
$15,500,000 in low-priced term financing. A complex financing due to the multiple properties, tenant terms and yard lease.
$18,000,000 An acquisition term loan at 3.50% (5-year rate) with the flexibility to carve off excess land and increase the loan amount once lease income is optimized by new owner.
$1,100,000 in term financing for this 9-unit building in the heart of Vancouver’s Kitsilano neighbourhood.