Wycliffe Homes

Responding quickly to one of the GTA’s most respected builders. Wycliffe Homes was looking to finance a 12-property land assembly in the Yonge-Finch area, for future redevelopment into 102 urban townhouses.

We were able to respond with:

  • a $2.8 million dollar loan at competitive pricing
  • a total turnaround time from start to finish of less than two weeks

Responding quickly to a builder’s needs is a key component of the Cameron Stephens business model.

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The Goldman Group

Bringing St. Clair and Bathurst to life. The 500 and 530 St. Clair West condominiums are the latest from the Goldman Group. Set on the corner of Bathurst and St. Clair, they offer buyers fabulous city views, modern amenities, and the subway right at the door.

  • In 2006, before the site plan was even in place, we put together a land loan for $2.3MM on Phases 1 and 2 of this magnificent condo project.
  • In early 2011, we financed the land for Phase 3, 10,000 square feet adjacent to the Phase 1 site.

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Kaitlin Group

Keeping pace with a visionary developer. Bowmanville’s stunning Port of Newcastle project is Cameron Stephens’ fifth financing deal with the Kaitlin Group. Here’s how we helped this visionary developer keep their project on schedule:

  • a $2.4 million, 5-year takeout mortgage on the Admiral’s Walk Clubhouse
  • an $800,000 mezz loan behind a $7.1 million construction loan on their 36-townhouse Reserve Collection; 85% loan-to-value, 93% loan-to-cost
  • a $1 million mezz loan behind an $8.1 million primary loan on the Marina Village Collection—two 36-unit buildings
  • a land loan on undeveloped property west of the Newcastle site, which Kaitlin plans to develop in the future

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North Star Homes

Another stellar community in Markham. Cotton Lane is a two-phase project of 78 stacked townhouses plus 44,000 square feet of mixed-use commercial/residential space on Old Kennedy Road in Markham. By combining institutional capital with our core private funds, we were able to offer North Star:

  • a $24.5 million land servicing and construction facility, plus $4.0 million in lines of credit.

This met all of their expectations for equity, presales and pricing, and got us off to a great start with North Star.

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Digram Development Group

Three smart ways Digram used our service. Cameron Stephens helped Digram Development Group to complete their 263-lot Greensborough South development in Markham on time. Our financing package included:

  • a $4 million second mortgage to help refinance land mortgages
  • a $30 million land servicing loan plus $11 million in lines of credit with a bank
  • $3.2 million of mezz financing to meet the bank’s equity requirement

Greensborough South lots were all presold to builders, and house closings began within 12 months of land servicing.

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Oxnard Homes

Assisting a dedicated builder on the rise. Oxnard Homes became a Cameron Stephens client in 2006 when we put together a second mortgage behind a chartered bank on their Markham properties.

  • Our latest deal is a land servicing and revolving construction loan on Bowmanville community of the 48 freehold townhomes known as Liberty Village.
  • One of our institutional investors funded the deal at institutional pricing.
  • The land was serviced without a presale test, but the construction loan required a 50% presale test per block of units being constructed. Loan-to-value and loan-to-cost ratios were standard, at 75% and 82% respectively.

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Sunrise Homes

Top builder Sajjad Hussain of Sunrise Homes impressed the industry again by turning an infill property into 8 semi-detached homes on beautiful Lake Wilcox in Richmond Hill. Cameron Stephens was pleased to help with financing.

  • In less than two weeks we arranged a $2.1 million lot acquisition loan plus a $1 million revolving construction loan with an allowance for model units to assist with sales.

An ideal solution for Sunrise Homes and a great deal for our investors.

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HIP Developments

The Trio on Belmont rental apartment complex located in Kitchener, Ontario, was developed by Hip Developments and just completed Phase 1 last year. This incredible property is something to see and reflects how we work with our clients for successful results.

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Fram Building Group

Fram is renowned for transforming old, neglected sites into new and dynamic places to live.

  • Fram’s development of Waterfront Towns, Live Work Residences and the 22-story North Shore Condos totally transformed the old St. Lawrence Corn Starch Plant at the Lakeshore and Highway 10.
  • At the well-known Shops at Don Mills, they have just completed one high-rise building, called Reflections, and another, LivLofts, is breaking ground.
  • Recently we provided Fram with a $13 million construction loan for the reconstruction of an 1894 heritage landmark in Hamilton, known as Stinson School Lofts.

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Oxnard Homes

Assisting a dedicated builder on the rise. Oxnard Homes became a Cameron Stephens client in 2006 when we put together a second mortgage behind a chartered bank on their Markham properties.

  • Our latest deal is a land servicing and revolving construction loan on Bowmanville community of the 48 freehold townhomes known as Liberty Village.
  • One of our institutional investors funded the deal at institutional pricing.
  • The land was serviced without a presale test, but the construction loan required a 50% presale test per block of units being constructed. Loan-to-value and loan-to-cost ratios were standard, at 75% and 82% respectively.

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North Star Homes

Another stellar community in Markham. Cotton Lane is a two-phase project of 78 stacked townhouses plus 44,000 square feet of mixed-use commercial/residential space on Old Kennedy Road in Markham. By combining institutional capital with our core private funds, we were able to offer North Star:

  • a $24.5 million land servicing and construction facility, plus $4.0 million in lines of credit.

This met all of their expectations for equity, presales and pricing, and got us off to a great start with North Star.

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Legend Homes

Bridging the gap for a premier builder. Oakville’s first boutique luxury condominium, The Coventry was just 14 suites priced at $2 million+ each, which caused conventional lenders to demand significant presales. Because we could provide $2 million of bridge financing from our own funds, Cameron Stephens was able to obtain for Legend:

  • a $4 million pre-construction loan followed by
  • an $18 million construction loan with a chartered bank at a lower presale test. As the presales increased, the bank increased their loan.

This ideal solution enabled Legend to start the project sooner and gain traction in the marketplace.

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Kaitlin Group

Keeping pace with a visionary developer. Bowmanville’s stunning Port of Newcastle project is Cameron Stephens’ fifth financing deal with the Kaitlin Group. Here’s how we helped this visionary developer keep their project on schedule:

  • a $2.4 million, 5-year takeout mortgage on the Admiral’s Walk Clubhouse
  • an $800,000 mezz loan behind a $7.1 million construction loan on their 36-townhouse Reserve Collection; 85% loan-to-value, 93% loan-to-cost
  • a $1 million mezz loan behind an $8.1 million primary loan on the Marina Village Collection—two 36-unit buildings
  • a land loan on undeveloped property west of the Newcastle site, which Kaitlin plans to develop in the future

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Deerfield Homes

A builder takes the market in Waterloo. Deerfield Homes is part of the Eastforest Homes Group of Companies, one of the largest builders in Southwestern Ontario of condominium townhomes, stacked towns and apartments. Cameron Stephens was brought into Deerfield's 102-unit Providence Point development in Kitchener to provide:

  • An $11.7 million dollar construction loan and $1.3 million of LCs
  • The front-end loaded costs associated with Phase II of Providence Point a 308 unit mid-rise building.

This is our 4th deal with Deerfield, who continues to raise the standards of affordable excellence in the building industry.

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Sunrise Homes

Top builder Sajjad Hussain of Sunrise Homes impressed the industry again by turning an infill property into 8 semi-detached homes on beautiful Lake Wilcox in Richmond Hill. Cameron Stephens was pleased to help with financing.

  • In less than two weeks we arranged a $2.1 million lot acquisition loan plus a $1 million revolving construction loan with an allowance for model units to assist with sales.

An ideal solution for Sunrise Homes and a great deal for our investors.

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Stafford Homes

Working it out with a respected builder. Once an industrial site, Keystone Mews is now an impressive 52-unit townhouse project in North York. Cameron Stephens was pleased to provide Stafford with:

  • a $12 million revolving construction loan plus
  • $2 million of lines of credit on Keystone

This very competitive financing helped them meet all of their equity and presale requirements.

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The Easton's Group

Holiday Inn's property at Dufferin and Yorkdale Road has attracted travellers along the 401 Highway for decades. When this prime franchise property recently became available, Steve Gupta and The Easton's Group were quick to add it to their collection of winning hotels.

  • The hotel needed a cosmetic makeover to keep it competitive in today's market.
  • We were pleased to give speedy approval to secondary financing, which assisted in the purchase and upgrades to the hotel.

Another success story for The Easton 's Group and Cameron Stephens.

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Legend Homes

Bridging the gap for a premier builder. Oakville’s first boutique luxury condominium, The Coventry was just 14 suites priced at $2 million+ each, which caused conventional lenders to demand significant presales. Because we could provide $2 million of bridge financing from our own funds, Cameron Stephens was able to obtain for Legend:

  • a $4 million pre-construction loan followed by
  • an $18 million construction loan with a chartered bank at a lower presale test. As the presales increased, the bank increased their loan.

This ideal solution enabled Legend to start the project sooner and gain traction in the marketplace.

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Kaitlin Group

Keeping pace with a visionary developer. Bowmanville’s stunning Port of Newcastle project is Cameron Stephens’ fifth financing deal with the Kaitlin Group. Here’s how we helped this visionary developer keep their project on schedule:

  • a $2.4 million, 5-year takeout mortgage on the Admiral’s Walk Clubhouse
  • an $800,000 mezz loan behind a $7.1 million construction loan on their 36-townhouse Reserve Collection; 85% loan-to-value, 93% loan-to-cost
  • a $1 million mezz loan behind an $8.1 million primary loan on the Marina Village Collection—two 36-unit buildings
  • a land loan on undeveloped property west of the Newcastle site, which Kaitlin plans to develop in the future

Play Video

Digram Development Group

Three smart ways Digram used our service. Cameron Stephens helped Digram Development Group to complete their 263-lot Greensborough South development in Markham on time. Our financing package included:

  • a $4 million second mortgage to help refinance land mortgages
  • a $30 million land servicing loan plus $11 million in lines of credit with a bank
  • $3.2 million of mezz financing to meet the bank’s equity requirement

Greensborough South lots were all presold to builders, and house closings began within 12 months of land servicing.

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The Dunbury Group

Private funding sweetens the deal. In 2010, the Dunbury Group completed a complete teardown and stunning reconstruction of run-down buildings at 477 Queen Street West in Toronto’s downtown core. The challenge?

  • With just 70% of the space leased, Dunbury wanted a loan to take out the construction lender and bridge the gap until the building was full.

The result:

  • We put together all financing required to repay the construction loan and provide an equity takeout.

And because the loan included $1 million of private equity, we could lower our rates as occupancy increased.

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Davies Smith

Rising high on a firm foundation.

Davies Smith builds high-rise condos renowned for their sophistication and convenient amenities. The 353-unit Onyx Condominium and Loft complex is a 35-story work of art in the Mississauga Town Centre, close to everything that matters to the downtown dweller.

  • Onyx was our second inventory loan for Davies Smith.
  • At $5.9 million, it represented 77% loan-to-value on 25 unsold units and facilitated repayment of the construction loan.
  • It provided an equity take-out and allowed for the orderly sale of the remaining Onyx units over the next 12 months.

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Davies Smith

Rising high on a firm foundation.

Davies Smith builds high-rise condos renowned for their sophistication and convenient amenities. The 353-unit Onyx Condominium and Loft complex is a 35-story work of art in the Mississauga Town Centre, close to everything that matters to the downtown dweller.

  • Onyx was our second inventory loan for Davies Smith.
  • At $5.9 million, it represented 77% loan-to-value on 25 unsold units and facilitated repayment of the construction loan.
  • It provided an equity take-out and allowed for the orderly sale of the remaining Onyx units over the next 12 months.

Play Video

Kaitlin Group

Keeping pace with a visionary developer. Bowmanville’s stunning Port of Newcastle project is Cameron Stephens’ fifth financing deal with the Kaitlin Group. Here’s how we helped this visionary developer keep their project on schedule:

  • a $2.4 million, 5-year takeout mortgage on the Admiral’s Walk Clubhouse
  • an $800,000 mezz loan behind a $7.1 million construction loan on their 36-townhouse Reserve Collection; 85% loan-to-value, 93% loan-to-cost
  • a $1 million mezz loan behind an $8.1 million primary loan on the Marina Village Collection—two 36-unit buildings
  • a land loan on undeveloped property west of the Newcastle site, which Kaitlin plans to develop in the future

Play Video

The Dunbury Group

Private funding sweetens the deal. In 2010, the Dunbury Group completed a complete teardown and stunning reconstruction of run-down buildings at 477 Queen Street West in Toronto’s downtown core. The challenge?

  • With just 70% of the space leased, Dunbury wanted a loan to take out the construction lender and bridge the gap until the building was full.

The result:

  • We put together all financing required to repay the construction loan and provide an equity takeout.

And because the loan included $1 million of private equity, we could lower our rates as occupancy increased.

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$4,650,000

LAND

Townhomes

$21,170,000

LAND

Employment & Residential Land

$1,200,000

LAND

Townhomes

$4,650,000

LAND

Townhomes

$21,170,000

LAND

Employment & Residential Land

$1,200,000

LAND

Townhomes

$2,475,000

LAND

Single family homes

$2,200,000

LAND

Single family homes

$6,451,000

LAND

Condo & Commercial

$16,500,000

LAND

Condo & Commercial

$10,500,000

LAND

Single family homes

$4,100,000

LAND

Senior’s Condominium

$4,020,000

LAND

Commercial/Retail

$1,151,300

CONSTRUCTION

Retail

$17,000,000

CONSTRUCTION

Rental Apartment

$3,950,000

LAND

Single family homes

$2,500,000

LAND

Rental Apartment & Retail

$4,350,000

LAND

Rental Apartment & Retail

$1,837,500

LAND

Social Housing Apartment

$14,000,000

LAND

Condo & Townhomes

$4,500,000

LAND

Low & Medium Density Residential

$19,300,000

LAND

Condo & Single family homes

$6,250,000

BRIDGE

Commercial

$3,280,000

INVENTORY

Condos

$1,000,000

BRIDGE

Retail

$2,264,000

SERVICING

Townhomes

$2,350,000

TERM

Parkade

$3,385,000

LAND

Townhomes

$4,941,255

LAND

Townhomes

$44,800,000

CONSTRUCTION

Rental Apartment

$14,000,000

TERM

Commercial/Retail

$14,535,000

ACQUISITION

Single family homes & Townhomes

$7,050,000

ACQUISITION

Townhomes

$1,900,000

LAND

Single family homes

$37,050,000

CONSTRUCTION

Condo & Commercial

$3,500,000

COMMERCIAL

Condo & Retail

$29,949,500

CONSTRUCTION

Rental Apartment

$6,600,000

MEZZANINE

Condo & Townhomes

$12,420,000

CONSTRUCTION

Condo