Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Structured a financing plan involving $8,500,000 bridge financing and $11,175,000 CMHC MLI Select mortgage for a renovated property, achieving 92% LTV and 50-year amortization with equity repatriation of $2,675,000.
Refinanced a ~$1,500,000 CMHC-Insured MLI Standard Rental Housing loan for an 8-unit apartment building in Woodstock, Ontario, optimizing cash flow and supporting future investments.
Secured $1,615,500 acquisition financing at 5.63% with a 25-year amortization for a brand-new freestanding single-tenant retail property leased to Tim Hortons in West Elgin, Ontario.
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