First National Financial LP
mixed-use

Mixed use property

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.

Standard Financing

Standard financing offers a term of five years or more, a fixed interest rate and is typically closed to prepayment for the term’s duration.

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Short-term (bridge) financing

Bridge financing addresses a borrower’s short-term needs, usually three months to three years.

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Repositioning / Renovating

This short-term financing option enables access to a property’s equity for improvements, renovations or repairs, eliminating the need to raise funds from personal sources.

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Secondary financing

Second mortgages are often used to access equity in a property when a borrower wants to purchase another asset or renovate/repair a property.

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Development / Construction

Construction financing is available for condominiums, retail, office, industrial, retirement and purpose-built apartments. 

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Smart risk solutions in action for mixed-use

See how we’ve applied our financing products innovatively to help mixed-use borrowers achieve their goals with performance and value.

To refinance the property and obtain equity capital for renovation business

  • $11.7 Million
  • 165,528 sq. ft.
  • Barrie, Ontario
  • Loan financing
  • 7 years term, 25 years amortization
  • LTV: 70%


New conventional first mortgage to place term debt on the subject property facilitate the purchase of the property

  • $37.2 Million
  • 156,865 sq. ft.
  • Abbotsford, British Columbia
  • Loan financing first mortgage loan
  • 3 years term, Interest only amortization
  • LTV: 64.4%

The proceeds of this loan will be used to facilitate the purchase of the property

  • $9 Million
  • 58 units
  • Nanaimo, British Columbia
  • CMHC insured first mortgage loan
  • 10 years term, 40 years amortization
  • LTV: 80.8%

Provide term financing for the newly constructed building once complete and stabilized

  • $8 Million
  • 52 units
  • Fredericton, New Brunswick
  • CMHC insured first mortgage loan
  • 5 years term, 30 years amortization
  • LTV: 75%

A CMHC term loan to pay-out the 6-month interest only Bridge loan First National issued to assist with the acquisition

  • $1 Million
  • 9 units
  • Calgary, Alberta
  • CMHC term first mortgage loan
  • 5 years term, 35 years amortization
  • LTV: 85%

Seeking a term loan to provide capital for the purchase of retail property

  • $6.8 Million
  • 19,656 sq. ft.
  • London, Ontario
  • Conventional loan
  • 5 years term, 25 years amortization
  • LTV: 60.0%

Used to pay out the conventional construction financing from First National Financial LP with additional proceeds used towards the purchase and construction of multi-family developments

  • $10.3 Million
  • 40 units
  • Halifax, Nova Scotia
  • CMHC insured first mortgage loan
  • 10 years term, 40 years amortization
  • LTV: 84.2%

Provide financing for property for CMHC insured first mortgage

  • $6.8 Million
  • 25 units
  • Montreal, Quebec
  • CMHC insured construction loan
  • 5/10 years term, 40 years amortization
  • LTV: 91.8%

Latest resources and insights

Original perspectives and personal viewpoints on developments and industry trends in commercial real estate.

Growth, Value and Risk

At 10 am eastern, the Bank of Canada ushered in the highest single day interest rate hike since May 2000.

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Expert insights

How does First National’s commercial team celebrate reaching $40 billion in mortgage assets? With a special tribute video featuring our co-founder Moray Tawse highlighting our origin story and making an important pledge for the future. Watch it here.

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Borrower perspectives

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We spoke to Joe about how he continues to adapt in year two of the pandemic, his vision and key priorities for growth, and how First National supports his ambition and continued growth.

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Capital Markets update

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In this week’s Market Commentary, Neil Silverberg, Senior Analyst, Capital Markets, puts rates into perspective, the latest increase in inflation and reviews the newly issued CMB. Read the full commentary here.

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