Property Types
Residential Development & Construction
Presale and equity requirements are flexible based on the credit parameters of the specific transaction.
- Loan amounts from 60-90% Loan to Cost and 75% -85% Loan to Value
-
1 to 2 year terms with extensions
See these videos: Northstar - Cotton Lane : Matas Homes - The Rebecca, Oakville : Stafford Homes - Keystone Mews : Digram Development Group - Greensborough South : Oxnard Homes - Liberty Village
Condominiums
Conventional and CMHC insured construction financing for residential condominiums. Pre-sale and equity requirements are flexible based on the credit parameters of the specific transaction.
- Bridge financing can be used to fund presale achievement
- Loan amounts of 75% -85% Loan to Value and up to 90% Loan to Cost
- 2 to 3 year terms
See these videos: Kaitlin Group - Newcastle : Davies Smith - The Onyx : The Goldman Group - St. Clair Avenue West : Legend Homes - The Coventry
Multi-family rental apartments
All multi-family rental apartment types for both term and construction financing with debt service from 1.0x and up.
- Bridge financing available for acquisitions (single property or portfolio)
- Loan amounts from 60% - 85% Loan to Value and up to 90% Loan to Cost
- Permanent terms 5 to 20 years and Construction terms up to 2 years
- Amortization 20 to 40 years
Retail
All retail properties including big box outlet, regional and neighborhood shopping centres, strip mall centres and mixed use, including hospitality. Debt service from 1.10x and up for both construction and term financing.
- Flexible pre-leasing and equity requirements
- Loan amounts up to 80% Loan to Value and 85% Loan to Cost
- Permanent terms 1 to 20 years and Construction terms up to 2 years
- 15 to 30 year amortization
See these videos: The Dunbury Group - Queen West
Industrial/Office
Industrial properties including multi tenant space, single-use, industrial/office space, owner occupied and build-to-suit and mixed use. Debt service from 1.10x and up for both construction and term financing.
- Flexible pre-leasing and equity requirements
- Loan amounts up to 80% Loan to Value and 85% Loan to Cost
- Permanent terms 1 to 20 years and Construction terms up to 2 years
- 15 to 30 year amortization
See these videos: Solmar Developments - Commercial Property in Bolton
Land
Residential or commercial sites that may be going through a rezoning or specific site plan approval process.
- Loan amounts from 50% - 80% Loan to Value
- 6 month to 2 year terms
