Oxnard Homes – Liberty Village

Assisting a dedicated builder on the rise

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Oxnard Homes became a Cameron Stephens client in 2006 when we put together a second mortgage behind a chartered bank on their Markham properties.

  • Our latest deal is a land servicing and revolving construction loan on the 48 freehold townhome community in Bowmanville known as Liberty Village.
  • One of our institutional investors funded the deal at institutional pricing.
  • The land was serviced without a presale test, but the construction loan required a 50% presale test per block of units being constructed.  LTV and LC ratios were standard at 75% and 82%.

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Expert management team with more than 100 years of industry experience... Long-standing relationships with key industry stakeholders... Solid base of institutional and private investors.

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