Morrison Financial is providing financing to support the acquisition of a land for redevelopment in Oakville, Ontario. The mortgage loan will also finance working capital required to redevelop the Property for residential purposes. The site is a part of the Oakville Midtown Official Plan Amendment, which aims to make midtown Oakville a primary strategic growth area for the region. The financing will be repaid through refinancing or sale of the property following the redevelopment process.
Location
Oakville, ON
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Reach out to us anytime. Whether you’re exploring investment options or looking for expert advice, we’d love to hear from you.
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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