Transaction Details

Multi Tenant Industrial: Calgary AB

30,000 ft2
$2,000,000.00

Comments:

Principal Mortgage was able to source new 1st mortgage financing from a life insurance company after the Borrower became disatisfied with their current lending institution.  Separating mortgage financing from the Borrower's operational credit facilities provided the client with greater flexibility when dealing with their operating lender. Principal Mortgage also handled all 3rd party reports to facilitate the process, and ensure they met Lender approval.