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January 2021 – Deal #1

January 2021 – Deal #1

Project Summary Loan amount: $3,500,000 LTV: 62% Type: single family home Category: pre-Construction Location: Kleinberg, ON January 2021 – Deal #1 The Borrower, an experienced developer, required financing of an existing second mortgage as well as financing to...
December 2020 – Deal #4

December 2020 – Deal #4

Project Summary Loan amount: $448,000 LTV: 70% Type: single family home category: cost to complete Location: Hamilton, ON December 2020 – Deal #4 The purpose of the loan in this case was to assist in the acquisition and renovation of an existing single-family...
December 2020 – Deal #3

December 2020 – Deal #3

Project Summary Loan amount: $877,203 LTV: 30% Type: mid-rise condominium category: pre-construction location: hamilton, ON December 2020 – Deal #3 The loan proceeds were used to refinance an existing first mortgage and bridge the period during which the...
December 2020 – Deal #2

December 2020 – Deal #2

Project Summary Loan amount: $503,750 LTV: 68% Type: single family home category: Cost-to-complete Location: hamilton, on December 2020 – Deal #2 The purpose of the loan in this case was to assist in the acquisition and renovation of an existing single-family...
December 2020 – Deal #1

December 2020 – Deal #1

Project Summary Loan amount: $570,000 LTV: 40% Type: stacked townhomes category: pre-construction Location: Cambridge, ON December 2020 – Deal #1 This was a low loan-to-value, loan on a tenanted property well-situated in Cambridge, Ontario, that is slated for...