Inventive financing solutions for all real estate property types

Whether you are looking to acquire a new commercial real estate property or refinance an existing one, you can look to First National as your advisor. We deliver value beyond the loans with our spirit to take smart risks, deep expertise, broad product portfolio, diverse specialists and commitment to quick execution and responsiveness. Our commercial business spans the spectrum of properties from multi-family residential, retail, office, industrial, seniors housing to self-storage and hotels.

Explore our portfolio of inventive financing solutions, categorized by property type:

Multi-family residential

A multi-family residential property is a building with five or more residential units. Some examples include an apartment building, townhouse or row house.

The multi-family properties are the most popular and are the largest portion of commercial real estate in Canada. Inventory is plentiful, and there is a range of options to suit every type of buyer.

Retail

A retail asset is a space where the public comes to purchase a product or a service. Examples include grocery store, department store, bank, restaurant and more. This type of property typically attracts a more sophisticated buyer as a result of the risk profile and operational complexities.

Office

An office building is a property where tenants rent out space to conduct business. Examples include single-tenant properties, small professional buildings or large skyscrapers. This type of property typically attracts a more sophisticated buyer as a result of the risk profile and operational complexities.

Industrial

An industrial asset can span real estate operations including warehousing, manufacturing, transportation and logistics.  This type of property typically attracts a more sophisticated buyer as a result of the risk profile and operational complexities.

Condo inventory

Condo refers to condominium units, which are registered separately (stratified) and available for sale individually. Retail, office and industrial properties can also fall under this definition.

Seniors housing

A retirement home is a multi-residence property designed specifically for senior citizens. While there is a housing element to the property, there are also other amenities including kitchen/dining room, recreational spaces and health/hospice care. Examples of this type of asset include nursing homes and long-term care facilities.

Land

Land falls into two categories – held for the long term for future development and purchased for immediate development.

Mixed-use

A mixed-use asset segregates the property for multiple uses that can include residential, office, retail, industrial, storage and/or retirement. Examples include a retail strip plaza with second floor offices, a retail storefront with apartments above and an industrial warehouse with office space rented separately. 

Other properties

The most common alternative assets can include student housing, hotels, storage lockers, gas stations, hospitality and manufactured home communities.

Recent Financings

  • Published
    Acquisition of apartment property
    $2 Million

    47 units – Montreal, Quebec

    • 5 years term and 30 years amortization
    • Loan to value: 85%
    • Interest rate: Canadian Mortgage Bond + 85 bps

  • Published
    Loan used to pay out existing first mortgage
    $10 Million

    240 units – Ottawa, Ontario

    • Condo inventory loan
    • Loan will provide liquidity until the remaining until are sold
    • Loan to value: 57.50%

  • Published
    Providing funds required to refinance debt
    $1 Million

    6,180 Sq. Ft. – Ottawa, Ontario

    • 5 years term and 25 years amortization
    • Loan to value: 71%
    • Conventional First Mortgage
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