$1,925,000 90% of purchase price acquisition financing secured by this 13 apartment building in the Marpole area of Vancouver.
Archives: Projects
Post Type Description
$2,550,000 in conventional financing for this renovated 30 unit building in Maple Ridge allowing for maximum leverage.
$3,350,000 five-year conventional loan to refinance this 50-unit apartment complex on leased land in Vancouver, BC.
$3,600,000, a conventional term loan at 3.0% for a five year term. This nine unit apartment building near Kitsilano Beach was extensively renovated to a premium standard allowing for a leveraged term loan.
$5,000,000 CMHC-insured mortgage at 85% of the property’s value for this 77-unit apartment building in Squamish, BC.
$8,000,000 CMHC-insured refinance and refurbishment loan with a 10-year term for this 111-unit apartment in Coquitlam, BC.
$11,000,000 CMHC-insured construction and term loan ensured this 111-unit affordable rental housing complex could be built in Coal Harbour, Vancouver, BC.
$11,250,000 After a thoughtful redesign, and wholesale renovation, this premium quality apartment building in the West End attracted a leveraged term loan with a 5-year rate of 3.35% and a 30-yr amortization (conventional, not CMHC insured).
$12,600,000 three year term refinancing at 3.15% for this beautifully renovated 45 unit heritage building in the heart of Vancouver’s West End.
$12,900,000, construction financing of this 80 unit waterfront apartment building was taken out with a CMHC insured term loan with a 10-year fixed rate of 3.09%. Riverport Flats is the first new rental apartment building in City of Richmond in over two decades.
$15,500,000 With these two CMHC-insured apartment buildings, the borrower benefited from fixing the rate 6 months in advance of the renewal.
$21,172,000 Construction financing for this 120 unit contemporary concrete rental apartment building was completed at a 75% Loan to Value. This 12 storey building is now under construction in Victoria at 780 Fisgard Street. Citifund has also arranged CMHC insurance for the takeout financing on this building.