The condominium corporation located in Toronto, Ontario needed funds to repair major damage to the building’s exterior and balconies. The building spans over 12 storeys and over 150 units. It also contains underground parking. The building was built in the late 1970’s. The Credit Committee was moved the location and payment structure that the condominium corporation had negotiated for its repairs.
Location
Toronto, ON
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Our Services
We tailor lending options for builders and developers across Ontario to assist with acquisition, site servicing and construction of primarily multi-unit residential real estate developments.
We work with boards of directors and condo property management to tailor financing focused on repairs, reserve fund shortfalls, and refinancing of guest suites or existing loans.
We offer the opportunity to investors to participate in pools of mortgages, which produce monthly distributions with the target of the investments being capital preservations.
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