The Ground Up
 
 
Cameron Stephens
Spring 2017
 
 
DealTalk
 
HIP Developments
 
Cameron Stephens is proud to announce our latest DealTalk video — Trio on Belmont, by HIP Developments.
 
The Trio on Belmont rental apartment complex located in Kitchener, Ontario, was developed by Hip Developments and just completed Phase 1 last year. This incredible property is something to see and reflects how we work with our clients for successful results. We hope you will enjoy watching our new DealTalk video!
 
 
SEE ALL DEALTALK VIDEOS
 
#dealtalk
 
 
 
A Message from the CEO
 
 
This May we enter our 14th year in business, on the heels of our biggest year ever.
 
Thanks to visionary developers and an unprecedented market, Cameron Stephens’ loan portfolio recently surpassed $1 billion, a huge leap from the $25 million portfolio we started with in 2004. Sometimes it’s hard to believe.
 
From our offices in Toronto, Calgary and Vancouver, we expect Cameron Stephens’ portfolio to grow to $2 billion within the next three years, with institutional capital making up 80% of our business.
 
Over the past four months, we have added three new institutional investors that will assist in our continued growth.
 
On the service side, our goal is to further streamline our underwriting process and improve our approval times. We’re good, but we know we can be even better.
 
These past 13 years have flown by, and when people ask me what our formula is for success, the answer comes easily: agility, stability and a firm commitment to provide our clients with superior end-to-end financial solutions.
 
Scott Cameron Signature
Scott Cameron - Chairman and CEO
 
 
Scott Cameron - Chairman and CEO
 
Recently Funded Projects
 
$44,800,000
Construction
Rental Apartment
240 Units
Kitchener, ON
 
$6,250,000
Bridge
Commercial
29,000 SF
Toronto, ON
 
 
$16,500,000
Land
Condo & Commercial
206 residential and 24 commercial units
Markham, ON
 
$3,280,000
Inventory
Condos
10 Units
Barrie, ON
 
$17,000,000
Construction
Rental Apartment
81 Units
Guelph, ON
 
 
 
 
Book reaches $1 billion mark
 
 
As of the first quarter of 2017, we are pleased to announce that deals under management have crossed the $1 billion threshold.
 
This is a huge milestone that keeps us on track to exceed $2 billion by 2020.
 
As our portfolio continues to grow, Institutional investors make up 80% of our book, and 20% continues to be private.
 
Mortgage commitments Under Management
 
 
Market Commentary Q1 2017
By Mike Misener
 
 
Cameron Stephens remains active in all of its core markets in Alberta, British Columbia and Ontario. Originations for the first quarter of 2017 improved, and we continue to observe good opportunities within our core markets in the first-time and first-move-up buyer demographic. With upward movement in interest rates south of the border and performance within the Canadian economy as expected, there will be pressure on the Bank of Canada throughout 2017 and early 2018 to remove some of the monetary stimulus in the economy by increasing interest rates moderately. Real GDP is expected to grow at a rate of 2% over the next few years, which will continue to support employment gains and economic stability. BC and Ontario led economic
growth in Canada in 2016 and are expected to be positive contributors to overall performance in 2017. Alberta is expected to experience slightly better-than-average growth given its poor performance since 2015.
 
A key concern within Canada’s housing markets for 2017 will be house-price appreciation and homeownership affordability.
 
READ MORE
Mike Misener
 
Cameron Stephens
 
 
25 Adelaide Street East, Suite 600
Toronto, Ontario M5C 3A1
 
P: 416-591-8787
F: 416-591-9001
 
» Contact Us
 
 
youtube   twitter   linkedin