Equity Takeout Loan
Calgary, AB
- Mixed-Use Residential and Commercial
- $3 million Second Mortgage
- 77% loan-to-value
- 1.15 DSR
Acquisition Financing
Edmonton, AB
- Multi-Family Residential
- $300,000 Second Mortgage
- 82% loan-to-cost
- 74% loan to stabilized value
- 1.48 stabilized DSR
Development Financing
White Rock, BC
- Mixed-Use Development
- $3.5 million Second Mortgage
- 88% loan-to-cost
- Bridge to pre-sale deposits
Land & Construction Financing
Maple Ridge, BC
- Multi-Family Residential development
- $2.6 million Second Mortgage
- High-ratio loan to cost
- Land acquisition and construction
- 48-unit townhouse project
- 36 month term
Acquisition Financing
Calgary, AB
- Multi-family residential
- $460,000 Second Mortgage
- 85% loan-to-cost
- 78% loan to stabilized value
- 1.0 stabilized DSR
Equity Takeout Loan
Vancouver, BC
- Multi-family residential
- $750K Second mortgage
- 8.25% interest rate
- 62% stabilized loan to value
- 1.05 DSR
Acquisition Financing
Vancouver, BC
- Multi-family residential
- $15.0M First mortgage
- 90% loan to cost
- 78% stabilized loan to value
- 1.22 stabilized DS
