Development / Construction
Development/construction financing typically does not apply to alternative assets, but can be considered in special circumstances. Speak to one of our experts.
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 storage borrowers achieve their goals with performance and value.
A new first mortgage used to refinance both the first and the second mortgages registered against the property
New CMHC insured first mortgage used to refinance the existing first mortgage
Loan proceeds shall repay existing debt with the remaining to be used as an equity takeout to complete capital improvements at the property
To refinance the property providing the borrower with additional funds for alternate real estate investments
Loan will be used to payout the existing First National mortgage and the acquisition of additional land
To facilitate the purchase of industrial and industrial/flex properties in the Ottawa area
To refinance existing debt on the subject property and to provide equity for capital improvements at the subject property
Refinance first and second mortgage loan to the property for future investment
Original perspectives and personal viewpoints on developments and industry trends in commercial real estate.
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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.
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.
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.