Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Successfully funded a $90,000,000 CMHC MLI Select construction loan for a 211-unit multi-family development in Brantford, Ontario, building on previous land acquisition financing arranged by Foundry in 2020.
Arranged a $2,400,000 second mortgage for Woodlawn Square Plaza in Guelph, Ontario, featuring retail and government tenants, to fund property upgrades.
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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