Recent Transactions
 

Toronto, ON – Equity Financing of Condominium Developments

• TFCC provided a $9,200,000 equity loan on five condominium developments
• Developments are 70% pre-sold

Waterloo, ON – Mezzanine Financing of Student Residence Building

• TFCC provided a $1,724,000 mezzanine loan on a student housing development

Hamilton, ON – Financing of Retail Development

• TFCC provided $4,600,000 construction loan on 29,000 sq ft retail development
• 100% preleased to food store

Ottawa, ON – Financing of Retail Development Property

• Participating mezzanine loan on a 27,400 sq ft retail development
• Pre-leases include major Canadian bank branch
• TFCC total loan: $1,400,000

Toronto, ON – Financing of Residential Condominium project

• Participating Mezzanine loan on 20 Condominium townhomes
• TFCC loan total $3,500,000

Ajax, ON – Preferred Equity investment on Residential Development

• Joint venture to develop 58 townhomes and 26 single family homes
• TFCC provides $1,400,000 of preferred equity

Ottawa, ON – Preferred Equity investment on Retail Development

• Joint venture to develop 11,500 sq ft retail property for Rexall
• TFCC provides 80% of the funds equity and arranged construction financing

Scarborough, ON – Financing of Multifamily building

• TFCC total loan: $15,800,000, representing 80% LTV on a multifamily building in Scarborough