A Not-for-profit Transformation

Loan Priority

1st Mortgage

Loan Amount

$2,000,000

Loan to Value (LTV)

50%

Loan Purpose

Hillmount provided a land loan while the borrowers, a not-for-profit organization, are completing upgrades to the property. In order to obtain the full amount of funds needed for the upgrades, Hillmount Capital received collateral on additional properties.

Location

Toronto, ON