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 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 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 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 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 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 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.