Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Completed $2,566,000 refinancing of a multi-unit commercial property in Hamilton, Ontario, consisting of retail and office units, consolidating high-interest debt and enabling equity takeout.
Successfully financed $59,500,000 for the purchase of Georgetown Market Place, a 339,000 sq. ft. enclosed mall in Georgetown, Ontario, featuring over 80 tenants and 95% occupancy.
Structured a financing plan involving $8,500,000 bridge financing and $11,175,000 CMHC MLI Select mortgage for a renovated property, achieving 92% LTV and 50-year amortization with equity repatriation of $2,675,000.
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