Proposed Mixed-use Rental Development Site, Port Moody, BC. $4,500,000 Land Financing, funded February 10, 2022. A 38% loan to appraised value land refinancing was arranged for this lot assembly in Port Moody. The interest rate was set at Prime + 1.50% for a 24-month term. This financing allowed the borrower to payout the existing debt and commence the rezoning and permitting application with the City.