Recent Financings

Performance supported by smart risk solutions

Client goals guide every successful solution that we deliver. Once our clients articulate their aspirations, we integrate that insight with our product knowledge to innovate for them in the right ways. Our strong, dynamic investor network allows us to do that with precision for every borrower and every property when the risk makes sense. Regardless of the complexity, decisions are quick yet confident, and our cultural commitment to service, execution and accountability fosters ongoing performance and stability.

 

Our recent financings

  • Published
    Major CapEx improvements
    $4 Million

    288 units – St. Therese, Quebec

    • Renovating common areas, expanding the kitchen with new equipment, relocating the main entrance and the addition of a handicap ramp
    • Placing a second rank loan behind two CMHC insured first mortgage loans held by First National
    • Loan to value ratio: 73.7%

  • Published
    Refinancing an existing mortgage with outstanding debt
    $9 Million

    72 units – Guelph, Ontario

    • CMHC insured first mortgage to payout existing loan
    • Recapture capital expenditures already made into the property
    • Loan to value ratio: 75%
    • 5 years term and 30 years amortization 

  • Published
    Refinancing an existing mortgage and expansion project
    $16 Million

    238 units – Richelieu, Quebec

    • Two residences combine for a total of 238 units with care ranging semi-autonomous, rehabilitation and fully autonomous rooms
    • Loan to value ratio: 85%
    • 10 years term with 25 years amortization