Our Business
Mortgage Investments
FORGESTONE PROVIDES CUSTOMIZED FINANCING SOLUTIONS TO EXPERIENCED AND SOPHISTICATED REAL ESTATE INVESTORS IN MULTIPLE ASSET CLASSES ACROSS CANADA.
We bring a Principal’s mindset to our lending practice providing quick feedback and flexible terms. This allows our borrower/ partners to execute their investment strategies and optimize their capital structure.
Highlights of our lending programs include:
- Re-positioning loans, Bridge loans, Acquisition loans, Land loans, Pre-Development loans, and Portfolio loans
- First mortgages, second mortgages, mezzanine and participations
- $10 million to $100 million loan sizes
- Fixed and floating interest rates available
- Payments are generally interest only
- Flexible pre-payment terms
- Loan Terms of up to 5 years
- Asset Classes
- Multifamily (apartment buildings, condo inventory, condo conversion)
- Industrial (income, strata and condo conversion)
- Land – Residential and Industrial
- Retail
- Office
- Other asset types (self-storage, ground leases)
A SAMPLING OF OUR TRANSACTIONS...
INDUSTRIAL PORTFOLIO, TORONTO
$30,000,000
First and Second Mortgages
CONDO INVENTORY, GTA
$9,800,000
First Mortgage
HOME CONSTRUCTION, GREY COUNTY
$17,300,000
Second Mortgage
RESIDENTIAL LAND, TORONTO
$17,300,000
First Mortgage
MULTIFAMILY, TORONTO
$28,000,000
First Mortgage
ICI LAND, PUSLINCH
$8,300,000
First Mortgage