Completing Two New Builds
Loan Priority
1st Mortgage
Loan Amount
$4,810,000
Loan to Value (LTV)
65%
Loan Purpose
The borrower required funding to complete two new construction projects. We structured a comprehensive financing solution for equity take-out comprised of tailored loan facilities covering the land acquisition, hard construction costs, and an interest reserve to support cash flow throughout the builds.
Location
Toronto, ON