Secured Line of Credit

mixed-use building

Loan Priority

2nd Mortgage

Loan Amount


Loan to Value (LTV)


Loan Purpose

The borrower was looking for equity take out for another project in order to pay for the soft costs associated with developing a parcel of land which they owned. They could not obtain an institutional loan as the property did not debt service, given that 1/3 of it was vacant on closing.


Toronto, ON