Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
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.
Completed a $1.49 million CMHC-Insured MLI Select financing for a 3-storey, 5-unit rental apartment building in Trenton, Ontario, achieving 95% LTV with a 50-year amortization at 4.65% interest.
Arranged a $2,400,000 second mortgage for Woodlawn Square Plaza in Guelph, Ontario, featuring retail and government tenants, to fund property upgrades.
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