Lower costs
Better rates, lower fees and optimized renewals.
Recently secured125 bps
below the competing offer on $16.2 million of CMHC-insured construction financing.
Services
Commercial real estate financing
Financing for developers and commercial real estate investors, from acquisitions and refinances to construction and CMHC-insured multifamily.
What we do
No matter the project, asset class or primary financing goal, Lakepoint Capital is equipped to handle all of your commercial real estate financing needs.
We prepare a full Request for Financing package for your project, take it to the banks, credit unions and non-bank lenders active in that kind of financing, and negotiate the terms while they compete for it.
Our expertise
From income properties to ground-up construction.
Commercial income and investment properties
Acquisitions and refinances of leased office, retail, industrial and mixed-use buildings.
CMHC-insured multifamily (5+ units)
Construction and term financing under CMHC programs, with longer amortizations and higher leverage than conventional mortgages.
Conventional and high-leverage construction financing
Construction loans for residential, commercial and mixed-use projects.
Conventional and high-leverage owner-occupied real estate
Buying or refinancing the building your business operates from.
Equity takeouts
Releasing equity from stabilized properties to fund your next project.
Bridge financing and subordinated debt
Short-term and second-position capital when timing or leverage calls for it.
Condo and townhouse inventory financing
Financing for completed, unsold units while they sell.
Specialized asset classes
Hotels, golf courses and other special-use properties that many lenders avoid.
Land acquisition and preconstruction financing
Funding the land purchase and the costs incurred before construction starts.
Engagement goals
What developers and investors engage us to achieve.
Additional leverage
Higher loan-to-value and loan-to-cost, more favourable covenants and longer amortization periods.
Recently secured94.5%
loan-to-cost on a CMHC refinancing that released nearly $1 million of equity.
Greater flexibility
Fast closings, secondary markets and more favourable collateral and security requirements.
Recently secured5%
personal guarantee cap on $12.9 million of hotel financing, instead of the full amount.
Recent commercial real estate engagements
All real estate stories
$3,025,000Lakepoint funds a shareholder buyout against apartment buildings a bank would not lend on yetAdditional leverage
$5,070,000Lakepoint buys a finished project the time to sell its last units properlyGreater flexibility
$2,430,000Lakepoint cuts $52,000 a year from a non-profit daycare's mortgage paymentsLower costs
$1,580,000Lakepoint moves a North Okanagan developer off private land debt and funds the first phaseGreater flexibility
$2,025,000Lakepoint returns $563,000 of equity to a Kootenay developer through a CMHC takeoutAdditional leverage
$1,850,000Lakepoint secures $1,850,000 for a North Okanagan recycler, with no mortgage on the property acquiredAdditional leverageGreater flexibility