$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.
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.
Bridge Loan – Purpose-Built Rental Building
$44,000,000 First Mortgage
Langley, BC
Stoic arranged a bridge loan with a CMHC term loan option for a 92-unit rental apartment building.