Citifund brokers actively secure commercial financing for a wide variety of properties that include everything from Class-A downtown product to suburban office parks.

This broad perspective provides us with a full understanding of trends and important insights into the ever-changing marketplace. As a result, we understand how to favorably structure these types of loans to achieve the best market terms.

See below for some recent examples of our work in office financing.

Aberdeen Square

$66,850,000 in construction financing for this stratified office and retail project in Richmond. The development is directly connected to the Aberdeen Skytrain station.

1166 Alberni St.

$38,000,000 in term financing for a 16 storey office building located in the central business district of Downtown Vancouver.

The Block

The Block – Office Tower, Kelowna, BC. $30,000,000 Construction Financing. Funded: October 2024

South Granville Centre

$18,500,000 financing with an interest only, 20-year term loan for this atypical office that includes a retail component on the ground floor.

1133 Melville St.

$16,000,000 for this 72,000 sq.ft. office in Vancouver that contains an unusual tenant mix and a larger-than-average parking area.

West 6th Avenue Office Acquisition

$10,200,000 A 92% of cost A/B loan at 6.35% to facilitate the acquisition of two office buildings in the heart of Mount Pleasant.

South Granville Office Building

$6,500,000 Interim financing was arranged to allow an equity take out secured by this semi vacant retail and office building. The lender provided the full loan amount on an interest only basis to allow for the vacancy to be absorbed.

Empire Building

$5,150,000 loan acquired to upgrade Edmonton’s Empire Building, a five-year term and 21-year amortization period.

Pier 32

$4,500,000 term loan, at 3.2%, on this office building on Granville Island (Vancouver). The financing allowed for the repayment of the 1st & 2nd mortgages, building upgrades and equity take-out.

Southpoint Business Centre II

$4,500,000 in construction financing for this stratified office building in Surrey, BC. The project was financed at 75% of cost, with land at appraised value and with limited pre-sales.

The Parker

$2,900,000 building conversion and renovation to fully transform this Vancouver property.

Southpoint Business Centre

$2,215,000 term loan for 8 separate strata units within a 33 unit building in Surrey, BC.

5th & COLUMBIA – Office 

Construction Loan, Vancouver, BC                                      $16,000,000                                   Funded: August 2021

A ‘spec’ construction loan for this 24,000sf office project in the heart of Mount Pleasant.

SPIRE PROFESSIONAL CENTRE

An 80% of cost, with land at appraised value, construction loan for this Class A three storey strata office building in Langley.

BELTLINE

87% of cost construction financing at P+0.9% (4.6% today) for Beltline, a four storey strata building in Mount Pleasant.

MAKER EXCHANGE

A blended mortgage totalling $66MM (73% LTC) for the 152,000sf Maker Exchange office building in Railtown.

New West Medical Office Building

A 59% loan to value financing secured by this medical office building with an adjacent redevelopment site in New Westminster, BC.