On behalf of COL Capital Partners Focused High Yield LP, COL Capital Partners Inc. is pleased to announce the funding of a $4,000,000 blanket 2nd mortgage secured by 8 multi-family properties and 221 units in Northern Ontario, sitting subordinate to amortizing CMHC-insured 1st mortgages. The sponsor has a significant track record in secondary markets and is a repeat borrower of COL.
COL Capital Partners Inc. provided a tailored debt solution allowing the Borrower to tap into equity in their existing portfolio to facilitate the acquisition and quick closing of two additional multi-family properties.