Loan Summary

Purpose:

Major Repairs and Replacements

Loan Amount:

$1,500,000

Loan Term:

5 years

Amortization:

20 years

Status:

Funded

Building repairs for an apartment condo in Edmonton, AB

Morrison Financial provided a loan to a 72-unit condominium in Edmonton, Alberta for the purpose of building envelope and elevator restoration. The loan to value of the project was less than 14%.

Location

Edmonton, AB

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