Land refinancing and pre-construction loan for luxury residential apartment in Oakville, ON
Morrison Financial recently closed on the opportunity to provide land financing and pre-construction loan for the development of a condominium-titled four-storey luxury residential apartment building in Oakville, ON. The building will have a GFA of approximately 23,500 SF and include eight residential units. The property is situated in a well-developed area in downtown Oakville and […]
Second mortgage refinancing of an apartment under development in Kitchener, ON
Earlier this year, Morrison Financial closed on an opportunity to refinance the second mortgage of a building under development in Kitchener, Ontario by a reputable developer in Ontario. The development is for a seven-storey building, which is comprised of 72 residential units and two commercial units on the ground floor. At the time of closing, […]
Collateralized construction loan for personal home in Halton Hills, ON
Morrison Financial recently closed on an opportunity to provide financing for the construction of our client’s new personal home. The home will be built by a luxury home builder and will be approximately 5000 SF in size once completed. The build is expected to take 12 months. The client also provided a collateral property located […]
Construction of 44 stacked townhomes in Kitchener, ON
Morrison Financial committed to finance the demolition of existing buildings on the subject property and construction of 44 two-bedroom stacked townhomes across two buildings for one of our legacy clients. Morrison Financial has financed six projects for this development group over the last decade. Our team successfully syndicated this opportunity with a Schedule 1 Chartered […]