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 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 bridge loan with a CMHC term loan option for a 92-unit rental apartment building.