Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Secured a $4,730,000 asset-based mortgage for a 6,435 sq.ft. industrial site featuring a 24,772 sq.ft. building in North Dumfries, Ontario, supporting corporate restructuring, site cleanup, and equity takeout.
Closed $1,846,000 in bridge acquisition and construction financing at 7.2% interest for a retail and residential mixed-use building in Collingwood, Ontario, optimizing value through strategic timing and improvements.
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.
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