Typically, CMHC-insured financing offers lower interest rates and longer amortizations, enabling borrowers to manage cash flow more effectively and realize higher returns.
An overview of recent First National financings across geographies and asset classes, including a brief summary of deals and the financing amounts.
See how we’ve applied our financing products innovatively to help multi-family borrowers achieve their goals with performance and value.
The proceeds of this loan will be used to facilitate the purchase of the property
Provide term financing for the newly constructed building once complete and stabilized
A CMHC term loan to pay-out the 6-month interest only Bridge loan First National issued to assist with the acquisition
Provide financing for property for CMHC insured first mortgage
Refinancing existing construction loan
Pari Passu first mortgage loan
Funds to pay off the existing debt and acquisition of future properties
Loan to retire the existing loan to go towards of addition properties
Original perspectives and personal viewpoints on developments and industry trends in commercial real estate.
Standard financing is usually considered when borrowers are acquiring a new property or refinancing an existing one and want longer-term financing with predictable payments.
Bridge financing addresses a borrower’s short-term needs, usually three months to three years.
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.
Second mortgages are often used to access equity in a property when a borrower wants to purchase another asset or renovate/repair a property.
A construction loan helps borrowers manage periodic payments for contract work during the building of a real estate asset.
Economic and political developments – both in Canada and globally – can impact the commercial real estate market. First National experts follow these trends closely and provide honest, real and professional perspectives into what they could
mean for your portfolio.