Deal of the Week #42 – $30M Land Loan – Toronto, ON
Cameron Stephens Mortgage Capital (CSMC) recently funded a 1st mortgage pre-construction Land Loan for a 0.40-acre high-rise development site in Midtown Toronto, steps from the University of Toronto. The loan refinanced the existing mortgage while the client finalizes a CMHC application and prepares to break ground in the next 6–9 months.
THE CHALLENGE: Securing Land Financing in a difficult Real Estate Market. Secure high-leverage land financing in a tough market for a strategically assembled development site intended to address the growing demand for student housing near U of T.
THE CAMERON STEPHENS ADVANTAGE: Tailored Lending Model and Market Insight. With deep market knowledge and a flexible lending platform, CSMC delivered a custom financing solution that maximized proceeds and streamlined execution. Beyond the land loan, CSMC is also acting as the broker on the CMHC construction loan, offering the client a seamless, one-stop financing experience.
THE RESULT: A fully tailored solution that reflects structure, strategy, and execution—hallmarks of how Cameron Stephens supports clients across the capital stack.
Meet the Team Behind the Deal:
- Andrei Gropper, MBA Vice President, Origination, Agent Level 1
- Marko Sijakovic, CFA Vice President, Syndication, Agent Level 1
- Max Chuyko Analyst, Origination, Agent Level 1.
- Felipe R. Chueiri Associate, Funding and Loan Administration
* Cameron Stephens Mortgage Capital Ltd. is licensed as a mortgage brokerage (Lic # 10769) and administrator (Lic # 11807) in Ontario.