Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Funded two CMHC MLI Select construction loans totaling $17,000,000 and $14,700,000 in British Columbia, achieving 95% Loan-to-Cost (LTC) with two different lenders.
Arranged a $55,000,000 CMHC insured loan for 456-bed purpose-built student housing in London, Ontario, with a 10-year term at 4% interest. Also secured a $2,200,000 bridge loan to facilitate a rate buydown.
Refinanced a ~$1,500,000 CMHC-Insured MLI Standard Rental Housing loan for an 8-unit apartment building in Woodstock, Ontario, optimizing cash flow and supporting future investments.
%402x.svg)
%402x.svg){kind=icon}