Areas of Expertise
AREA OF EXPERTISE
industrial property
Industrial property is designed for or used by companies or persons for manufacturing, warehousing, transportation, logistics, or assemblage of components. It can be single tenant, multi-tenant, or owner occupied. Types of industrial property finance available are:
Standard Term Financing
Lending solutions up to 90% loan to value (must have an owner occupied component to achieve greater than 75% loan to value) for the acquisition of a new property or re-financing of an existing one. This type of lending relies heavily on the location, tenant mix, length of leases and borrowers experience. Typically, this type of financing is for sophisticated borrowers looking for a longer term loan that provides stable and predictable cash flow.
Standard Construction Financing
Lending solutions up to 90% of cost (must have an owner occupied component to achieve greater than 75% loan to value) for the construction of a new industrial property. Typically, this type of financing is for Borrowers that have achieved significant lease-up and present a clear exit strategy at the end of construction by way Standard Term Financing.
Bridge Financing
Bridge financing is typically used for short term solutions which will allow a borrower to access equity to purchase another property or to repair or renovate an existing property without having to access capital from personal sources.
Second Mortgages
Second mortgages are often used when the existing term mortgage has a longer period until expiry and the borrower wishes to access equity in their property. These funds are often used to either purchase another property or to renovate or improve their existing property.