Stoic arranged a term loan for an office strata unit, along with a business revolving loan for a business owner.
Strata Unit Financing – Commercial Office
$5,400,000 First & Second Mortgages
Richmond, BC
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.