$3,000,000 First Mortgage
EAST Vancouver, BC
Stoic arranged CMHC financing for the acquisition of a 12-unit apartment building.
Acquisition Financing – Rental Apartment
Financing Projects
Bridge Loan – Rental Apartment Development
$5,700,000 First Mortgage
EAST Vancouver, BC
Stoic arranged financing on a 72-unit apartment development as a bridge to CMHC takeout.
Residential Financing – Single Family Residence
$2,325,000 First Mortgage
BURNABY, BC
Stoic arranged the purchase financing of a single family residence in Burnaby, B.C.
Land Financing – Rental Apartment Development
$5,600,000 First Mortgage
EAST Vancouver, BC
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.
Commercial Strata Financing – Office
$1,300,000 First Mortgage
Richmond, BC
Stoic arranged a term loan for an office strata unit, along with a business revolving loan for a business owner.
Strata Unit Financing – Industrial
$1,600,000 First Mortgage
Surrey, BC
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.
Strata Unit Financing – Industrial
$1,842,000 First Mortgage
Richmond, BC
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.
Strata Unit Financing – Commercial Office
$5,400,000 First & Second Mortgages
Richmond, BC
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.
Commercial Strata Financing – Retail
$5,500,000 First Mortgage
Richmond, BC
Stoic arranged an investment mortgage on two (2) retail strata properties to help refinance the existing mortgage, and to provide funds for investment purposes.
Income Property Financing – Industrial
$7,200,000 First Mortgage
Burnaby, BC
Stoic arranged term financing for a multi-tenanted industrial building in Burnaby, BC. The building was 90% occupied. The financing was completed during the COVID-19 pandemic, when many lenders had ceased or significantly reduced lending activity.