$8,000,000 First Mortgage
EDMONTON, AB
Stoic arranged a 95% Loan-to-Value CMHC-insured term loan for a 49-unit, purpose-built rental building in downtown Edmonton, Alberta.
CMHC Insured Term Loan – Multifamily
Financing Projects
CMHC Insured Term Loan – Multifamily
$11,550,000 First Mortgage
VANCOUVER, BC
Stoic arranged a CMHC-insured term loan for a 23-unit, purpose-built rental building in the West End neighbourhood of Vancouver, B.C.
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.