Oakbank Capital Group

Congratulations to our client Brixen Developments Inc. on securing a $148,800,000 construction loan for their project “Exhale Residences”, an 11-storey, 284 unit condominium development located in Mississauga, ON. Oakbank Capital Group acted as the mortgage broker on this transaction. A special thank you to Andrew Iacobelli, Alexander D'Orazio, C.E.T.,PMP, and the whole team at Brixen Developments Inc. Contact Details: Jonah R. Brown - jonahb@oakbankcapital.com David N.H. Bell - davidb@oakbankcapital.com Aaron X. Sun - aarons@oakbankcapital.com

Congratulations to our client One Urban Developments on securing a $123,000,000 CMHC MLI Select construction loan for their project "440 ESSA" located in Barrie, ON. The project totals 262 residential rental units. Oakbank Capital Group acted as the mortgage broker on this transaction. Contact Details: Luca Valenti - lucav@oakbankcapital.com

The Q3 2024 Commercial Mortgage Market Update is now available. Key Highlights: - BOC Continuing to Cut - Office Optimism Returning? - CMHC Update - Updated Bond Yields + Lender Spreads Access the report below.

Congratulations to our client on securing Term Financing for their Industrial Property located at 100-110 Scotia Court, Whitby, ON. Oakbank Capital Group acted as the mortgage broker on this transaction. Contact Details: Jonah R. Brown - jonahb@oakbankcapital.com David N.H. Bell - davidb@oakbankcapital.com Aaron X. Sun - aarons@oakbankcapital.com

There's a whole new landscape for commercial real estate financing. Interview with Oakbank Capital Group, which facilitated a $148.8M construction loan from KingSett Capital to Brixen Developments Inc. for Exhale condos in Mississauga. #cre #crecanada #realestate #financing #condos #suburbs #development #construction #mississauga #toronto #gta

Congratulations to our client Brightstone Developments on securing land financing for their upcoming townhome development project located in Oakville, ON. Oakbank Capital Group acted as the mortgage broker on this transaction. Contact Details: markg@oakbankcapital.com 437-700-0436

Congratulations to our client on securing a CMHC MLI Select construction loan for their conversion project "The Loft" located in Calgary, AB. Oakbank Capital Group acted as the mortgage broker on this transaction. Contact Details: David N.H. Bell - davidb@oakbankcapital.com Jonah R. Brown - jonahb@oakbankcapital.com Aaron X. Sun - aarons@oakbankcapital.com

Congratulations to our client on securing a $66,025,000 construction loan for their project "Upper Vista" located in Welland, ON. The project totals 226 residential condo units across two 5-storey buildings. Oakbank Capital Group acted as the mortgage broker on this transaction. Contact Details: Jonah R. Brown - jonahb@oakbankcapital.com David N.H. Bell - davidb@oakbankcapital.com Aaron X. Sun - aarons@oakbankcapital.com

TREL - Toronto Real Estate Leaders Summer Social is back on Thursday August 22nd at the beautiful patio of PARIS TEXAS! To sign up YOU MUST USE THIS CODE: TRELPT2024! Limited spots available and we sell out every year so get your ticket fast :) https://lnkd.in/g9h3Q2_B Major credit is due to our sponsors including Oakbank Capital Group, Kin Capital Partners Inc., CentreCourt, Altus Group, and Peakhill Capital!!! Additional sponsorship opportunities are available. If your group is interested, please reach out for more details. A special shoutout to the upgraded TREL team Halle Barkin, Luca Valenti, Anthony Oliva, CFA, Ariana Stultz, Jacob Iftah, Jonah R. Brown!!!

The Q2 2024 Commercial Mortgage Market Update is now available. Key Highlights: - BOC Rate Cut - MLI Select Scoring Changes - Approved Correspondent - Updated Bond Yields + Lender Spreads Access the report below.