Financing Projects

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.

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