$6,000,000
Loan Amount
2nd
Loan Position
Bridge
Loan Type
75%
Loan-to-Value
6 Months
Term
COL Capital Partners Inc. is pleased to announce the funding of a $6,000,000 second mortgage secured by a 12-story, 245-unit purpose-built rental apartment in the heart of downtown Oshawa. Our solution allowed our client to access equity in the property to continue strategic initiatives within their portfolio and provide the time to work through an imminent CMHC term refinance.
COL Capital Partners Inc. structured the solution to provide the Borrower with a quick closing.
COL Capital Partners Inc. structured the solution to provide the Borrower with a quick closing.