Stoic arranged a 90%+ LTC CMHC-insured construction and term loan for a mixed-use, 133-unit purpose-built rental project with commercial retail, restaurant, and industrial space in the False Creek Flats. The financing was conceived mid-construction, to replace the existing construction debt with lower-cost and higher-leverage insured financing.
Stoic arranged CMHC financing for the acquisition of a 12-unit apartment building.
Stoic arranged financing on a 72-unit apartment development as a bridge to CMHC takeout.
Stoic arranged the purchase financing of a single family residence in Burnaby, B.C.
Stoic arranged the acquisition financing for a 4-lot site assembly for a future 72-unit rental apartment project in Vancouver, BC. The developer had acquired the development site without rezoning or development permit in place.
Stoic arranged a term loan for an office strata unit, along with a business revolving loan for a business owner.
Stoic arranged the purchase financing for an industrial unit located in Surrey, B.C. We also helped the business owner arrange a operating line of credit to provide their business access to working capital.
Stoic arranged the purchase financing for an industrial unit in a newly completed development known as Benchmark, an industrial strata complex located in Richmond, B.C.
Stoic arranged the purchase financing for a brand new, for-lease strata office unit in a mixed-use building located in Richmond, B.C. We helped the borrower lower their overall cost of borrowing by combining a lower-cost senior mortgage with a junior mortgage.
Stoic arranged an investment mortgage on two (2) retail strata properties to help refinance the existing mortgage, and to provide funds for investment purposes.