Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Arranged a $55,000,000 CMHC insured loan for 456-bed purpose-built student housing in London, Ontario, with a 10-year term at 4% interest. Also secured a $2,200,000 bridge loan to facilitate a rate buydown.
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.
Arranged a $2,400,000 second mortgage for Woodlawn Square Plaza in Guelph, Ontario, featuring retail and government tenants, to fund property upgrades.
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