Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Arranged a $2,656,552 term loan at 7.1% interest with a 25-year amortization for a 22,508 sq.ft. industrial building used for legal cannabis production in Bolton, Ontario, replacing a high-interest private loan and enabling an equity takeout.
Secured $1,615,500 acquisition financing at 5.63% with a 25-year amortization for a brand-new freestanding single-tenant retail property leased to Tim Hortons in West Elgin, Ontario.
Arranged a $2,600,000 construction loan for a laneway project in Toronto, Ontario, creating 4 apartments and 1 laneway unit near St. Clair Avenue West.
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