Multi-Unit Residential Mortgages

For over 25 years, Devonshire has been a leader in Ontario in financing multi-unit residential properties, be it construction, mezzanine or long-term. With a good understanding of the opportunities for both CMHC Insured financing and conventional landing, Devonshire is able to maximize potential loan amounts and secure the best available terms in the marketplace. Devonshire accesses many sources both institutional and private, as well as many niche and boutique lenders to obtain financing suited to any situation. The lending possibilities for apartments, condominiums and specialty properties like retirement homes are varied, and a good understanding of the dynamics and the potential is important.

Type of Properties

• Conventional and CMHC Insured Apartment Financing
• Seniors' Housing
• Life Lease Communities
• Retirement Homes
• Nursing Homes
• Non-profit & Co-op Housing

Services

• Assessing current fiscal situation, obligations and capital needs
• Determining financing potential
• Assessing options and selecting most appropriate financing option
• Securing mortgage commitments from private or institutional lenders including banks, credit unions and niche lenders