Searching for a suitable financing solution for your real estate development project?
Have a complex situation and need construction financing?
REICO Capital is an invaluable resource for investors, borrowers, developers, home builders, commercial realtors and real estate advisors & consultants. We source financing from a myriad of public and private sources for real estate financing, refinancing, construction and development projects. Depending on your needs and the degree of sophistication of your project you can have a term sheet, letter of intent or commitment within 24-48 hours.
LENDING AREAS: Every province and territory in Canada
HOW MUCH IS AVAILABLE: From $10 million to $50 billion
REICO CAPITAL CAN HELP YOU TO FIND THE FOLLOWING TYPES OF FINANCING:
- ~Joint Venture financing from Equity Lenders
- ~Private & Institutional commercial mortgage loans
- ~Private & Institutional commercial mortgage refinancing
- ~Land development financing
- ~Construction financing (Funding for ‘Shovel Ready’ Canadian construction projects are also available.)
COMPLETED COMMERCIAL TRANSACTIONS:
- ~Term Loan on Land Held for Development - $4,500,000 : The loan is secured by nearly eight acres of land in a desirable location in Toronto, ON. The property is currently undergoing environmental remediation prior to being developed with commercial and residential towers.
- ~Purchase of 8-Plex Rental - $311,000 : A bank borrower needed higher risk capital to purchase his latest rental property. The property required minor upgrades and replacement of several tenants to qualify for more traditional financing. We helped our client capture an opportunity in real estate by understanding the property and the needs of the local rental market.
- ~Semi-Detached Family Dwelling - $645,000 : A private lender funded this infill, semi-detached family dwelling, construction project in the heart of Ottawa. This builder worked his way up from a contractor, to renovator, to new home builder and required financing for his first spec home project.
- ~Keele & Major Mack - $1,300,000 : Construction financing on a cost to complete basis for a 8,505 sq ft building, comprising of a 2 and 3 storey office/retail plaza.
- ~Construction Financing - $5,650,000 : Phase II of nine luxury homes in Richmond Hill, Ontario.
- ~Construction Financing $1,943,500 : Construction of a 12,000 sq ft Hindu temple in Scarborough, Ontario.
- ~ 1st mortgage construction: 48 unit apartment in Dieppe, NB $5,000,000
- ~ 1st mortgage construction/bridge: 52 unit condo in St. John's, NL $3,500,000
- ~ 1st mortgage construction: condo in Saskatoon, SK $4,000,000
- ~ 1st mortgage construction: condo in Dartmouth, NS $5,300,000
- ~1st mortgage contruction: townhomes in Saskatoon, SK $9,250,000
(All transactions were completed by various lenders)
Providing Real Estate Project Funding, Equity Financing & Mortgage Loans in Central Ontario
Providing Real Estate Project Funding, Equity Financing & Mortgage Loans in Eastern Ontario
|Belleville||Brockville||Prince Edward County||Trenton||Surrounding Areas|
Providing Real Estate Project Funding, Equity Financing & Mortgage Loans in Northeastern Ontario
|Parry Sound||Georgian Bay||Barrie||Muskoka||Orillia|
|Kawartha Lakes||Peterborough||Bancroft||Haliburton||Surrounding Areas|
Providing Real Estate Project Funding, Equity Financing & Mortgage Loans in Northern Ontario
|Thunder Bay||Sudbury||Timmins||North Bay||Surrounding Areas|
Providing Real Estate Project Funding, Equity Financing & Mortgage Loans in Southern Ontario
Providing Real Estate Project Funding, Equity Financing & Mortgage Loans in Western Ontario
|Grey Bruce||Owen Sound||Huron Perth||Sarnia||Lambton|
Providing Real Estate Project Funding, Equity Financing & Mortgage Loans in Canada
|Alberta||British Columbia||Manitoba||New Brunswick||Newfoundland|
|Nova Scotia||Ontario||Prince Edward Island||Quebec||Saskatchewan|
Most Popular Funding Program
100% LTV (or LTC for construction projects)
No personal guarantee
No credit checks
No asset verification
No loss of equity in your business
Quick turn around time – often 90 to 120 days.
Low underwriting fee — and no lender fees upfront – all paid at time of funding.
Flexible repayment terms
Eligible projects include:
Any stabilized commercial real estate
Construction or Rehabilitation
Oil & Gas
Non-RE such as technology, pharmaceutical, major business acquisition/expansion
Contact REICO Capital today to satisfy your real estate financing requirements.