Penmor Mortgage Capital Corporation

By: Penmor  09-12-2011
Keywords: financing, loan, commercial mortgage

Penmor’s long history providing commercial mortgages to real-estate investors and developers has allowed us to gain a wealth of experience in structuring a full array of products with maximum flexibility. Our products coupled with our experienced commercial mortgage professionals permit us to provide you with truly innovative financing solutions for all your real-estate investments.

Conventional Term Financing

  • Office, industrial and retail properties,
  • Multi residential properties
  • Equity takeout
  • Second mortgages

CMHC Insured Financing

  • Fixed or floating rates (multi residential, senior housing, care homes)
  • Progressive advance
  • Construction financing
  • 1 to 20 year terms

Hospitality Financing

  • Construction - Flagged or non Flagged, condo/hotel, up to 75% loan to cost, renovation or re-flagging existing properties
  • Economy, mid scale, full service, resort properties - 2 to 10 year terms, up to 25 year amortization
  • Acquisition and refinance: up to 75% loan to value, equity take out, value add or repositioning acquisitions, earn outs

Interim & Construction Financing

  • Pre construction advances
  • Tiered funding
  • Choice of fixed and variable rates with the option to convert from prime based variable rate to fixed rate with terms ranging from 1 to 10 years
  • Fixed interest rate on monies advanced

Mezzanine Financing and Non Conventional Mortgages

  • Joint venture program equity partner
  • Secondary financing
  • Interest only up to 80% loan to value
  • Minimum 1 times debt service cover on income producing properties

Keywords: commercial mortgage, Commercial Mortgage Professionals, financing, Financing Solutions, loan, Mortgage Professionals,