25-unit Condominium Construction and Land Acquisition Loan

1st Mortgage Construction of a 25-unit Condo in Saint John, NB.

As part of the rejuvenation of downtown Saint John, our borrower is constructing 25 condominium units and required financing for both land acquisition and construction. Our loan will allow our client to get to the finish line faster than using traditional sources of capital, ensuring they capture the profits from this project. This is our fifth deal with this borrower.