Types of Mortgages
• Conventional Mortgages – firsts, seconds & even thirds
• CMHC Insured Mortgages• Private Mortgages – firsts & seconds• Mortgages Loaned on 7 Main Asset Classes
(details to follow)• Mortgages Ranging Between $250,000 and
$100 million
Asset Class #1
Multi-family • Rental units larger than 6 units• Both conventional and CMHC insured• Dominion Commercial has CMHC lender status,
allowing us to apply directly to CMHC as a lender and negotiate a term that is in clients’ favour. Rates for CMHC insured mortgages range from approximately 2.30% to 2.40% for a 5-year term
Recent Project
• Apartment Building in Lethbridge, AB• 137 units , $8,500,000 loan, CMHC insured
Asset Class #2
Industrial Properties• From small strata/condo warehouse units to
trucking depots, manufacturing facilities, banquet halls and large distribution centres – and beyond
• Long-term conventional financing and short-term acquisition loans
Recent Project
• Older Industrial Building to be Converted to Industrial Condo
• Toronto, ON• $7,385,000 loan
Asset Class #3
Office• Small strata/condo office unit to a large office
tower• Can be development finance, purchase
finance or a refinance
Recent Project
• Office Building• Kitchener, ON• $1,750,000 loan
Recent Project
• Office Building– Calgary, AB
• First mortgage and mezzanine debt
• $26,000,000 loan
Asset Class #4
Nursing Homes and Care Facilities• Both fund by Conventional and CMHC insured
sources• Large congregate care to small assisted living
facilities
Recent Project
• Nursing Home• North Vancouver, BC• $29,000,000 loan
Asset Class #5
Retail• Shopping centres
and plazas to single tenant retail
Recent Project
• Retail Plaza in Kitchener, ON• $1,650,000 loan
Asset Class #6
Hotel Financing• Acquisition financing• Long-term and short-term financing• Flagged and un-flagged hotels• Small privately-run hotels to large flagged
institutional hotels
Recent Project
• Hotel (Kelowna Comfort Inn) in Kelowna, BC• $5,250,000 loan
Asset Class #7
Development Financing• Conventional and private financing• All asset classes• $250,000 to $100 million
Recent Project
• Development • Richmond, BC• $12,500,000 loan• Construction first
mortgage• Mezzanine debt
Contact Information
Angela Calla, AMPTel: 604-802-3983Fax: 604-939-8795
Email: [email protected]: www.angelacalla.ca