Industrial Purchase (Investor)
Surrey, BC
Loan Type:1st Mortgage
Loan Amount: $10,000,000
Description: Purchase financing and refinancing of pre-existing property to reduce cash equity requirement to 20% of purchase price.
Purpose-Built Rental (60 Units)
Abbotsford, BC
Loan Type:$11,500,000 1st and $1,500,000 2nd for total of ±84% LTC
Loan Amount: $13,000,000
Description: Conventional construction mortgage and CMHC takeout financing
Retail Purchase (Investor)
Victoria, BC
Loan Type:1st Mortgage
Loan Amount: $9,625,000
Description: ±68% loan-to-value for purchase of Gorge Shopping Centre.
Office Purchase (Owner-Occupier)
VANCOUVER, BC
Loan Type:1st Mortgage
Loan Amount: $6,900,000
Description: Purchase of new head office concurrent with refinance/equity takeout from pre-existing property.
Light Industrial Purchase (Owner-Occupier)
Richmond, BC
Loan Type:1st Mortgage
Loan Amount: $4,650,000
Description: 1st mortgage (82% LTV) plus $400,000 tenant improvement loan.
Light Industrial Land Assembly (Owner-Occupier)
North Vancouver, BC
Loan Type:Inter Alia 1st Mortgage
Loan Amount: $9,300,000
Description: Light Industrial purchase and rezoning. Pre-existing property tied in to increase leverage.
