08/18/2026
Great deals are made, not found.
This client acquired the building less than 12 months ago using private capital and immediately went to work stabilizing the asset. Within 8 months, we were able to initiate the refinance.
Once stabilized, a CMHC refinance made sense, allowing the client to repay the private capital with interest, cost of stabilizing, while also completing a sizeable equity takeout.
We secured CMHC MLI Select – 50 points through Energy Efficiency, with up to 24 months after closing to complete the required upgrades.
Great acquisition price. Prudent management and operations. The right financing vehicle.
That combination is what made this deal work.
Thank you to my client for trusting me to execute the takeout financing and deliver great terms.
$3.54M | 83% LTV | CMHC MLI Select | 21 Units
If you are working on an acquisition or refinance and like to discuss options, call or text me directly.
Kenny Rijhwani | Mortgage Agent Level 2
Residential and Commercial Capital Advisory
647.990.9000 | [email protected]
DLC National Ltd. | FSRA 12360