Stoic arranged an equity and debt raise for the acquisition and construction phases of a 211,400 sq. ft., 7-storey, industrial, creative manufacturing, and office development in the False Creek Flats.
Stoic arranged the construction financing for a 200,000 sq. ft., multi-level industrial strata project located in Richmond, BC. The industrial development features 65 units, each with warehouse and mezzanine flex-use areas, serviced by freight and passenger elevators.
Stoic arranged a bridge loan with a CMHC term loan option for a 92-unit rental apartment building.
Stoic arranged a pre-construction land loan with a letter of credit facility for a commercial strata development – named Frameworks – located in the False Creek Flats. The project is a 200,000 sq. ft., 5-storey commercial strata building with 85 strata industrial and office units.
Stoic arranged acquisition financing for an industrial development site in Vancouver, BC. The developer intends to re-develop the site into a two-phase, ~200,000 sq. ft. multi-level industrial / flex office project.
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.
Stoic arranged an investment mortgage on two (2) retail strata properties to help refinance the existing mortgage, and to provide funds for investment purposes.
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 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 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 a term loan for an office strata unit, along with a business revolving loan for a business owner.
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 the purchase financing of a single family residence in Burnaby, B.C.
Stoic arranged financing on a 72-unit apartment development as a bridge to CMHC takeout.
Stoic arranged CMHC financing for the acquisition of a 12-unit apartment building.