Acquisition of three lots encompassing 94.48 acres for future development.
Construction of a multi-family rental/investment property consisting of 10 three level wood frame townhomes in three separate building blocks. Each townhome to average 1,318 sq. ft., consisting of 2 bedrooms + Den, 2.5 bathroom, double garage and yard with patio.
Acquisition of two single-family lots in a multi-lot land assembly proposed for multi-family up-zoning. The two lots are currently vacant and unimproved with a total area of approx. 22,000 sq. ft.
White Rock, BC
Financing of a land assembly of six single-family lots, existing homes on the site have been demolished. Rezoning currently underway for a proposed residential multi-family development with townhomes and condominiums, gross floor area +/- 64,000 sq. ft.
Campbell River, BC
Acquisition of a 4.16-acre waterfront residential development property currently undergoing rezoning and permitting for a future townhome development.
Acquisition of a 1.021-acre property in the Maplewood neighbourhood, zoned RS-6 to allow single family lots. Construction thereon of 5 single family homes each with a self-contained 1-bedroom suite above the garage.
Construction of a large 5,378 sq. ft. one level home on a prime 17.59-acre property. Modern home design with separate accessory and garage buildings. Set well back from the main roadway yet located on a main traffic artery close to all amenities.
North Saanich, BC
Acquisition and construction funds of a new 2,609 sq. ft. home on a premium half-acre lot in a newer subdivsion close to parks and trails. The new home will include a 654 sq. ft. 1-bedroom self-contained suite above the garage.
North Saanich, BC
Acquisition and construction funds of a new 2,532 sq. ft. home including a full basement with 2-bedroom self-contained suite with private entry in a newer estate subdivision. The home will include a double garage with attached workshop area.
View Royal, BC
Acquisition of a 5.29-acre land parcel zoned CD-25 to accommodate a future development of over 300 rental apartment units across four buildings. Plans to include multiple community amenities to benefit the neighbourhood.
Acquisition of a 7,226 sq. ft. waterfront property with existing 1980's home to be demolished and construction thereon of a new two storey home including a separate suite. This new single family dwelling will offer panoramic ocean views and has direct beach access.
Acquisition of a large 11,300 sq. ft. property and construction funds thereon for two single family homes on a quiet residential street in a good Sidney location, close to town, beaches and parks. A portion of the property has now been sold to a third-party for construction of a personal residence.
Acquisition of a 2.39-acre property currently operating as a Motel and RV Park close to amenities and in a popular vacation spot. Plans include rezoning to increase density and services to the site.
Acquisition of two residential lots in the Ten Mile Point area and construction of a single-family residence on each. Both homes to be 2.5 story's, approximately 4,300 sq. ft. plus 600 sq. ft garage.
Financing of property for future development to consist of a two storey multi-unit mixed use building. Existing character house will be relocated on the site and renovated to facilitate a future day care facility. Re-zoning application in process. Property located on a major Coquitlam corridor.
Financing over a 4.95 acre residential development lot for a proposed 58 unit townhome project plus additional single family lots, currently in the rezoning and permit stage. The project will be completed in Two Phases
Acquisition financing for future development purposes. Presently the property is improved with single storey commercial retail and office space consisting of 10,504 sq. ft. with a site area of 14,636 sq. ft.
Construction financing for a new 12 unit four storey mixed-use residential condo building with ground floor commercial on a main street in the downtown area of Sidney. The existing structure will be incorporated into the new design in order to preserve the historical elements of the streetscape.
Refinancing for an original 1958 built hotel which has recently undergone re-branding and renovation. A two-storey building with 27 guest rooms, restaurant and pub on site. Located in the heart of Squamish, within easy walking distance to shops, cafes, restaurants, city parks and the waterfront.
Refinancing and pre-development costs for property in Langley, site is approx 40,000 sq. ft. which the Borrower plans to develop an 11 unit townhouse project.
Construction funds to build a 31 unit 4 storey residential rental building. This building will be constructed using pre-fab modules which should enable construction to proceed quicker than conventional wood or concrete methods.
North Vancouver, BC
Provide interim funding to allow time for additional rezoning. The site is located within the Edgemont "Residential Periphery" Development Planning area. The proposed development is a total of 8-units across 4 buildings each unit being 2.5 storey and 3 bedrooms.
Land acquisition of approximately 24,000 sq. ft. The Borrower intends to build a new multi-family residential project on the site and is in the process of pre-development work. Project will be a 4 storey complex offering 38 residential rental units above commercial space.
Grande Prairie, AB
To provide servicing costs and marketing period of Northridge Phase 7 duplex and single family dwelling lots. Great location in Northridge, close to schools, park, shopping and the new hospital.
North Saanich, BC
Financing for the acquisition of a prime 2.476 acre waterfront residential lot to be subdivided. Update: This lot has been subdivided and one of the lots sold, the remaining lot has been issued a building permit for a single family residence to be constructed.