Insights & Events

  • Transactions ·

Acquisition Financing and Renovation Facility

The Situation: Borrower required purchase financing to acquire a low-rise six-plex. Of the six units, only five units were tenanted, at well below market rents. Two existing tenants had given notice that they would be vacating in the coming months. In order to fill the vacancies and bring rents in line…
DIP financing to Springer Aerospace Holdings Limited pursuant to the Court Orders granted under Springer’s CCAA proceedings.
  • Alternative Financing ·

DIP financing to Springer Aerospace Holdings Limited

Hillmount Capital has provided DIP financing to Springer Aerospace Holdings Limited pursuant to the Court Orders granted under Springer’s CCAA proceedings. The financing was requested to provide working capital and for general corporate purposes. The company owns and operates a private airport situated on a 209 acre property that includes two…