The Elaine Apartment, Vancouver, BC. $5,437,129 CMHC Purchase, funded January 2022. Citifund arranged a 5-year CMHC insured mortgage to assist the borrower’s purchase of this 22-unit rental apartment located on the Cambie Corridor in Vancouver’s prestigious west side. Citifund managed to lock in the interest rate 2 days after receiving CMHC approval avoiding further interest rate risk in a volatile bond environment.