Top Tweets for #CSMCfunded
Coming Soon! This 4.49 acre industrial/commercial site has 2 fully leased buildings + plans for 4 more! #CSMCfunded a $10M #bridgeloan. The Borrower owned the land free + clear so #CSMC structured a straight equity takeout rather than a cost to complete construction facility.

All signs point to yes! #CSMCfunded a 1.4M servicing loan and $5.5M #letterofcredit facility for this 20-acre vacant residential/commercial development land in Oshawa. #CSMC also provided financing to the purchasers of the lots to help achieve minimal presales.

#CSMCfunded a $17MM 1st mortgage land loan for the acquisition of an industrial site located in Kitchener. Our team worked diligently & was able to offer our Borrower more competitive terms than the competition. Learn more at https://t.co/vskVqZDxoA #FinancingFromTheGroundUp

#CSMCfunded a $31MM 1st mortgage #constructionloan for the conversion of an existing 4-storey #industrial building into a 5-storey, 117 unit #residential condo. CSMC was able to provide the Borrower an institutionally priced loan, requiring only ~6% in Borrower's cash equity.

#CSMCfunded a $9MM #landloan to refinance current debt as well as provide the Borrower the ability to repatriate capital & continue to work towards the development of the subject site. This is an exciting partnership for #CSmortgageCap as our client begins its large expansion!

#CSMCFunded an $18MM land refinancing to provide our client with time to rezone the property & secure development approval for two mid-rise condo buildings that will provide residents with ocean views & convenient access to local, #WhiteRock amenities. #FinancingFromTheGroundUp

#CSMCfunded a $5.97MM, 1st mortgage #bridgeloan for the acquisition of a #commercialbuilding in Toronto. The Borrower required a quick turnaround in order to meet the closing deadline, which only CSMC was able to provide. CSMC funded the loan within 1 month from start to finish.

#CSMCfunded a $20.5MM 1st mortgage #landloan & proactively provided refinancing for an existing loan in addition to providing $5.8MM equity take-out, allowing the client to advance ongoing projects & invest in new ones. The loan funded with a lower interest rate in >30 days.

#CSMCfunded a $4.9MM 1st mortgage land loan & beat a competing bank offer by providing the client with additional leverage at sharp pricing. CSMC wants to congratulate our Borrower on acquiring the property & celebrate this landmark addition to the growing #Waterloo region.

#CSMCfunded a $9.52MM land loan for a Site Plan Approved 4-storey stacked townhouse project featuring 90 units. Since closing, the Borrowers have filed for their permits & are working to finalize their sales & marketing for a 2022 launch. #FinancingFromTheGroundUp #CSmortgageCap

#CSMCfunded a $4.25MM 2nd mortgage behind a $40MM 1st mortgage provided by two banks, for the construction of a rental apartment tower, over commercial retail space for lease. This mezz financing is far less expensive to the developer than raising additional equity. #CSMCdealtalk

#CSMCfunded a $12.45MM acquisition/bridge loan for the purchase of an office building in Toronto. The Borrower acquired the building vacant & leased out the space, with our loan being utilized to allow sufficient time for tenant occupancy & stabilization prior to term out.

#CSMCfunded a $56.275MM land loan against a high density residential redevelopment site located downtown Toronto. The Borrower is working with the City to complete a Zoning By-law Amendment & Site Plan Approval for a 50-storey mixed use residential & commercial tower.

Last week our Western team dropped by The Premier to see the construction progress on the project. Check out the incredible views๐ป of the surrounding neighbourhoods & looking east at the Fraser River. #CSMCFunded a $37MM construction loan for the development of this project.

#CSMCfunded an $11.9MM construction loan for 13 single family detached units in Pickering. The development features Marshall Homes signature Flexhouz model options which creates two independent houses within one designโcatering to multigenerational families & income properties.

#CSMCfunded a $48.08MM 1st mortgage, construction loan alongside a $1.5MM Letter of Credit Facility which will fund the build out of an 8-storey condo. The Borrower was only required to inject 6.5% cash equity in the project with only a 79% presale test. #FinancingFromTheGroundUp

#CSMCfunded a $12.76MM loan for a .8 acre site rezoned for a mixed use development. Financing for this energy efficient, โPassive Houseโ project site repays existing debt & provides the Borrower with working capital to finalize their design & secure development permit approval.

Spotted in #Kleinburg. ๐ง#CSMCfunded a $53MM 1st mortgage, servicing & construction loan alongside a $5MM LOC Facility. The total loan can be broken down into $35MM for pre-development & $18MM revolving construction loan which will fund the build out of this townhome project.

#CSMCfunded a $23.5MM 1st mortgage servicing & construction loan alongside a $2.5MM Letter of Credit Facility. CSMC was able to provide private leverage at institutional pricing & is proud to have started a relationship with this Developer #financingfromthegroundup #csmortgagecap

#CSMCfunded a $53MM 1st mortgage, servicing & construction loan alongside a $5MM Letter of Credit Facility for a townhome community in Woodbridge. CSMC provided a tailored solution to the Borrower which you can read more about on our LinkedIn/Instagram. #FinancingFromTheGroundUp

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