Case Study

Second Mortgage Financing for Woodlawn Square Plaza

$2,400,000

Arranged a $2,400,000 second mortgage for Woodlawn Square Plaza in Guelph, Ontario, featuring retail and government tenants, to fund property upgrades.

Overview

Foundry Mortgage Capital successfully arranged a $2,400,000 second mortgage for the fully tenanted Woodlawn Square Plaza in Guelph, Ontario. The property has retail and government tenants. The use of funds are to upgrade the periphery of the property.

Our team has a long term relationship with the Borrowers who are actively involved in retail and commercial plazas along with shopping malls. Thank you to Dinesh Achria who led this transaction.

To learn more about this project and our experience in financing Malls and Retail Plazas, please feel free to contact any of our team members.