$5,805,114  10 year CMHC insured financing at 2.47%. The borrower purchased the building and within 15 months had fully renovated and leased all 19 units. This long term take-out financing allowed the borrower to extract 200% of their original equity.

$6,450,000 90% of purchase price interim financing for the acquisition and repositioning of this 26 unit apartment building. The first and second mortgage blended interest rate totaled 4.89%. The financing allowed the borrower to acquire the building with little equity and advance the project through to Development Permit in order to add another floor and renovate the entire building.

$4,500,000 in construction financing, low presales requirement obtained, for this 33-unit strata apartment complex located in Squamish, BC.

$4,500,000 in construction financing for this mixed use project in the Willingdon Heights/Hastings corridor of Burnaby.  This financing was arranged with zero pre-sales.

$5,992,000 An 80% loan to cost with no pre-sales on this 4 storey, 34 unit project in Coquitlam.

$7,300,000 A spec (no pre-sale) construction loan on this 81 unit condominium project for an off-shore developer.

$9,600,000 in construction financing for this 49 unit development in the View Royal suburb of Victoria.  The financing included a flexible pre-sale structure allowing for additional leverage with increased pre-sale achievement.

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$11,083,000 construction loan, for 85% of the cost. We also successfully negotiated a very low interest rate without personal guarantees for this project in Calgary, AB.

$11,580,000 in construction financing, low presales requirement obtained for this 69-unit strata apartment in Nanaimo, BC.

$13,225,000 Condominium Construction Financing for 18 month term. 76 units comprising of one and two bedroom units located in the desirable “Oliver” area of Edmonton. 83% Loan to Cost Ratio; 50% presales.

$16,400,000, 26 units over one floor of office and one floor of retail space, 88% loan to cost ratio, 42% presales.

$24,600,000 construction loan, which was 90% of the cost. We were able to negotiate a non-recourse loan for this substantial project in Calgary, AB.