Foundry Mortgage Capital’s Brennan Wood won Commercial Mortgage Broker of the Year at the Canadian Mortgage Awards 2016.
Funded two CMHC MLI Select construction loans totaling $17,000,000 and $14,700,000 in British Columbia, achieving 95% Loan-to-Cost (LTC) with two different lenders.
Closed $1,846,000 in bridge acquisition and construction financing at 7.2% interest for a retail and residential mixed-use building in Collingwood, Ontario, optimizing value through strategic timing and improvements.
Arranged a $2,400,000 second mortgage for Woodlawn Square Plaza in Guelph, Ontario, featuring retail and government tenants, to fund property upgrades.