Recent Financings

Supporting vision and building businesses

Commercial lending, whether it’s for a new acquisition, renewal or construction project, is competitive and can be complex. The focus is traditionally very transactional, limited to cost of money and completing loans. At First National, we do things differently. We stress relationships. We provide deep expertise. We apply ingenuity to what we do, believing that every problem has a solution.

That is why First National is often involved in precedent-setting transactions. Leveraging our CMHC expertise, broad product portfolio, diverse specialists and responsiveness, we’ve blazed trails in financing new rental construction, general construction and burgeoning real estate businesses. That’s the foundation of our approach – going beyond just closing the deals to supporting vision and building businesses.

Our recent financings

  • Published
    Mortgage renewal to complete nursing home expansion plans
    $1.1 million

    51 units – Longueuil, QC

  • Published
    Conventional first mortgage and equity takeout
    $2 million

    18,259 sq. ft. – Sainte-Julie, QC

  • Published
    Acquisition of multi-residential property with term loan
    $3.5 million

    99 units – Sherbrooke, QC

  • Published
    Conventional First Construction Mortgage to construct a multi-stage project
    $4.6 million

    26.7 acres – Spruce Grove, AB

  • Published
    Improvements on vacant space secured with bridge loan
    $4 million

    126,584 sq. ft. – Montreal, QC

  • Published
    First mortgage interim loan for redevelopment
    $2.3 million

    13,000 sq. ft. – Vancouver, BC

  • Published
    CMHC Insured Construction loan for apartment
    $57 million

    336 Suits – Toronto, ON

  • Published
    Second mortgage loan to withdrawal equity
    $2 million

    68 units, interest only – New Westminster, BC

  • Published
    Conventional apartment construction financing
    $48 million

    199 units – Toronto, ON

  • Published
    Refinance with equity take-out
    $18.2 million

    60 units – Dartmouth, NS