Commercial Construction Mortgages
Our experienced commercial lending team provides commercial construction financing options for nearly any commercial real estate project in Canada including multi-unit properties, office buildings, retail space, industrial, hotels, land acquisition and development projects.
Financing Commercial Construction Projects
We provide financing for commercial real estate projects including office buildings, retail centres, industrial and warehouse properties or multi-unit residential development, for land or property acquisition, construction and inventory financing.
Construction mortgages are available for tenanted and speculative development projects. Construction financing can include soft and hard costs. Our construction mortgage loans are typically for a term of 12 to 36 months. Partial disbursements or draws are funded on a scheduled basis throughout the construction process.
We work with our clients through their project’s selling process, or to secure a long term commercial mortgage upon completion. Understanding the local real estate market, its economics and trends, combined with a strong network of commercial lenders across Canada allows our commercial lending team to provide our customers with the most competitive financing available for your commercial real estate construction project.
- Industrial and Manufacturing
Hotels and Motels
- Transaction Size: No Limits
- Term: 12 to 36 Months
- Amortization: Up to 40 years
- Loan to Value: 75% or CMHC Insured Up To 85%
- Interest Rates: Starting at 3.50%
Rates and terms can change without notice. All transactions are subject to underwriting and written approval.