Land Acquisition and Construction Loan

Mortgage Construction Loan for 28 Homes in St. John’s, NL.

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.