Brennan Wood was named to the CMP Top 10 Commercial Brokers 2014 list.
Brennan Wood was named to the CMP Top 10 Commercial Brokers 2014 list. Read the full story at the CMP’s Mortgage Broker News eMagazine.
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.
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.
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.