Overview
Since inception in 2001, the Commercial Brokerage division has arranged in excess of $5 billion of mortgages across Canada. Our expertise is within the conventional and CMHC financing markets, specializing in seniors’ housing, multi-family, industrial, retail, office, and land acquisitions covering construction, term, private, and mezzanine lending.
Capital West Mortgage Inc. has strong relationships with its lenders, which include chartered banks, pension funds, life insurance companies, credit unions, CMHC and the various housing authorities. These relationships allow us to achieve strong bids for loans and superior financing results for our clients. We are also an approved correspondent for CMHC allowing us to negotiate approvals with CMHC directly on behalf of clients.
Background
The Commercial Brokerage team comprises Daymon Eng, Mike Chiu, Sidney Rubin, Stuart Macaulay, and Richard Taunton. With over 75 years of combined experience, we have financed a wide variety of real estate projects and properties in Canada. Specifically, Capital West Mortgage Inc. has carved a niche within the seniors’ housing and CMHC multi-family financing markets, being regarded as leaders in their field across Canada.
Projects
Capital West Mortgage Inc. is proud to work with their clients to help achieve their real estate vision and objectives. Below is a sample of the recent projects that we have secured financing for:
Construction Financing
Description: 144,500 Sq. Ft. Multi-Use Redevelopment Site
Loan: $295,000,000
Location: Richmond, BC
Term Financing
Description: 250,000 sq. ft. Grocery Anchored Shopping Centre
Loan: $53,400,000
Location: Alberta
Description: 121-Suite IL/MC Residence & 32-Townhome Expansion
Loan: $37,500,000
Location: Almonte, ON
CMHC Financing
Description: 161-Unit Rental Apartment Complex
Loan: $58,000,000
Location: Lower Mainland, BC
Description: 98-Unit Rental Apartment Building
Loan: $38,500,000
Location: Lower Mainland, BC
Description: 53-Suite Rental Apartment Building
Loan: $5,700,000
Location: North Vancouver, BC
Private Financing
Description: 4.27 Acre Multi-Family Redevelopment Site
Loan: $85,000,000
Location: Vancouver, BC
Description: 144,000 Sq. Ft. Multi-Family Redevelopment Site
Loan: $55,000,000
Location: Richmond, BC
Description: 23,000 Sq. Ft. Multi-Family Redevelopment Site
Loan: $7,250,000
Location: Richmond, BC
Description: 44,000 Sq. Ft. Multi-Family Redevelopment Site
Loan: $21,500,000
Location: Burnaby, BC