• Land Acquisition and Construction Loan- $3,000,000

    Moskowitz Capital provided land acquisition and construction financing for 28 new homes in and around St. John’s, NL. Working with Skymark Homes, one of the most experienced, financially sound and innovative home builders in St. John’s, was a desirable addition to our Atlantic Canadian portfolio. The revolving loan facility permits Skymark Homes to acquire new lands, allowing for a consistent construction schedule and sustained growth. The St. John’s housing market is growing and we see continued need for expansion capital for a variety of businesses.

  • Construction and Inventory Loan- $3,000,000

    An active builder in the Moncton region required funds to complete construction on a 31-unit apartment building as well as finance unsold inventory on several semi-detached homes. The working capital Moskowitz Capital was able to provide allowed the builder to meet his payables and continue to focus on growing the business.

  • Multi-Family Housing- $420,000

    The borrower, a property developer and owner of over 20 rental houses, bought and renovated a six-unit apartment building with the intention of converting it to condos. To date, two of the six units have been sold and the borrower has decided to hold and lease the remaining four. Our first mortgage takes out the bank’s construction loan and provides the Borrower equity to continue to grow his property portfolio. Yorkton is located 200km from Regina, with a population of 17,000.

  • Residential Mortgage- $150,000

    Due to an illness and a union strike, our Borrowers had to take time off work and were behind on credit card payments. Upon renewal, the major bank they were with would not renew. Now that both Borrowers were back to work, Moskowitz Capital understood that the mortgage payments could be made and provided take out financing and funds to clean up their credit cards. Hopefully within the one year term, our Borrower will be back at a major bank.

  • Renovation Loan- $200,000

    A long term owner of a historic commercial/residential building decided it was now time to renovate, bringing the condition of the premises up to modern standards. Through a mortgage broker, Moskowitz Capital provided a term loan to give the owner enough working capital to complete the full renovations and focus on obtaining tenants. As an active lender in St. John's, Moskowitz Capital knew the area and were able to quickly provide a 'yes', allowing the owner to stay on schedule.

  • Construction of 5 Townhomes- $1,200,000

    A past borrower was looking to fund their newest spec 5 unit townhome project in downtown St. John's. Their plan was to secure financing from a local hardware store. We showed the builder the savings achieved with a Moskowitz Capital mortgage over the hardware store financing and the builder happily switched their plan. In addition to the financing savings, the builder gained flexibility to shop around for construction materials from various suppliers, likely reducing their costs even further.

  • Short-Term Stay- $340,000

    Our Borrower, an Atlantic Canadian couple currently working in Alberta, is investing in short-term stay housing to generate equity and income for retirement. Short term stay properties often fall outside of traditional lenders' comfort zones. Moskowitz Capital provided funding for both the purchase and renovation at 75% of the purchase price plus improvements at 11%, interest only and a 2.5% Lender Fee. The building's cash on cash return before our mortgage payment was 26%! Once the renovation is complete the borrower will graduate to a conventional lender. In the interim we helped this borrower capture a fantastic opportunity.

  • Spec Home Construction- $220,000

    A first time home builder, who has a long-term government job and good credit, was looking to capture an opportunity in his local housing market. We provided construction financing on a draw basis for his first build.

  • Multi-Family ETO- $550,000

    Our Borrower required equity to inject into his main business. He had 8-units in a condominium complex that were currently undergoing renovations and therefore were vacant. Moskowitz Capital knows the area and believed the Borrower would be able to successfully lease up the units as renovations were completed and therefore provided the required equity.

  • Spec Home Construction- $310,000

    An experienced home builder required quick funds to complete a spec home in a new subdivision in Swift Current, Saskatchewan. The builder was financing construction costs with his consumer credit cards. Moskowitz Capital provided funding for land acquisition and house construction, which both lowered our borrower’s cost of capital and began to increase their Beacon score. At Moskowitz Capital, we believe when it comes to construction, it is important to build a relationship with a lender that can continue to provide financing as the builder grows. Our borrower believed this too.

  • Residential Mortgage- $156,000

    Due to a separation agreement, our Borrower required funds to payout her husband's equity portion of their home. Our Borrower's credit suffered during the separation and her cash flow was tight, however Moskowitz Capital believe that her skilled job would provide stable income during the term of the loan. After only 10 months, our Borrower refinanced with a 'traditional' lender, getting her back on track. After paying out our mortgage, our Borrower sent Moskowitz Capital this note: “I cannot thank you and your team enough for all you have done for my son & I. You allowed us so much stability in the fast changing world we were living in. Truly a delight to have met and dealt with such great people...reminds me that there are still good people in the world. Again thank you very much!”

  • 10 Townhomes - $1,950,000

    A local experienced home builder faced a lucrative opportunity to build ten spec town homes in Fredericton. This frequent bank borrower needed funds quickly to capitalize on the market situation. Moskowitz Capital provided funding for land acquisition and house construction, in a timely manner at a competitive rate. At Moskowitz Capital, we believe, when it comes to spec construction, the builder must race to the finish line. If the borrower needed to wait for presales to take this deal to a bank, a significant amount of the profit would be lost. Our borrower believed this too.

  • Semi-Detached Family Dwelling - $645,000

    Moskowitz Capital funded this infill, semi-detached family dwelling, construction project in the heart of Ottawa. This builder worked his way up from a contractor, to renovator, to new home builder and required financing for his first spec home project.

  • Keele & Major Mack - $1,300,000

    Construction financing on a cost to complete basis for a 8,505sf building comprising of a 2 and 3 storey office/retail plaza.

  • Student Housing- $1,500,000

    Our client, a first time builder who understood the needs of his community, was unable to obtain the necessary financing to proceed with his project of creating a 50+ bed student housing complex. After meeting our perspective borrower and understanding the project plans, Moskowitz Capital was able to provide complete construction financing. Since the initial project, Moskowitz Capital has helped the borrower by financing two similar projects.

  • Spec Inventory Loan - $435,000

    Our client, a father/son building company from Saskatchewan, was facing a quiet winter real estate market, leaving them with several unsold spec homes. They were borrowing $435,000 at 15% from a private Alberta lender. Moskowitz Capital was able to lower the builder’s cost of capital and free up equity, by offering an interest only loan at 8.99%. This greatly helped our client’s cash flow and profitability during the slow winter months.

  • Helping Build a Community - $1,600,000

    Having funded the builder's first construction project, Moskowitz Capital loaned the funds needed to purchase the raw land required to expand the builder's business.

  • Waterfront Cottage - $600,000

    Our borrower needed to utilize the built up equity in his waterfront cottage property. The loan allowed the cottage owner to capture a lucrative opportunity that far exceeded the cost of capital.

  • Rental Property - $142,000

    This classic Nova Scotia house was divided into four rental units. The funds we provided helped the owner build a second source of income.

  • Subdivision Development- $1,500,000

    Moskowitz Capital funded the construction of 14 homes in a new subdivision. Since the initial project, Moskowitz Capital has provided funds twice more for additional developments.