Topic: Commercial Mortgages
Surging demand for new office development in CalgaryBy: The Super Broker
Renewed strength in the energy industry has resulted in higher demand for new office developments in Calgary, according to a report from Cushman & Wakefield.
CMHC Allows Commercial Financing up to 85 per centBy: Elias Kellendonk
With the Canada Mortgage and Housing Corporation’s multi-unit insurance coverage, a commercial investor can attain up to 85 per cent financing toward their commercial purchase.
Green Commercial Ventures Receive Federal FundingBy: Elias Kellendonk
Construction loans and land development financing is available to fund capital costs. Construction mortgages can provide up to 75 per cent financing.
Capitalization Rates: What they mean to Commercial PurchasersBy: Elias Kellendonk
The capitalization or ‘Cap Rate’ is a valuation used to give commercial buyers a more inclusive estimate of a commercial property’s value as oppose to, say, a gross rent valuation.
Private Commercial Lenders Provide Alternate Route for Commercial FundingBy: Elias Kellendonk
Private commercial lenders, particularly in the commercial mortgage market, are increasingly becoming the go-to for hard-to-fund commercial projects.
Commercial Mortgages Seeing Increased Funding Outside of BanksBy: Elias Kellendonk
Foreign lenders, outside of large banks and insurance companies, are upping the commercial financing available for non-prime commercial borrowers.