Office

Citifund Capital Coporation brokers actively secure commercial financing for a wide variety of properties that include everything from Class-A downtown product to suburban office parks. This broad perspective provides us with a full understanding of trends and important insights into the ever-changing marketplace. As a result, we understand how to favorably structure these types of loans to achieve the best market terms.

See below for some recent examples of our work in office financing.

ABERDEEN SQUARE

$66,850,000 in construction financing for this stratified office and retail project in Richmond.  The development is directly connected to the Aberdeen Skytrain station.

PIER 32

$4,500,000 term loan, at 3.2%, on this office building on Granville Island (Vancouver).  The financing allowed for the repayment of the 1st & 2nd mortgages, building upgrades and equity take-out.

SOUTHPOINT BUSINESS CENTRE II

$4,500,000 in construction financing for this stratified office building in Surrey, BC.  The project was financed at 75% of cost, with land at appraised value and with limited pre-sales.

1166 Alberni St.

$38,000,000 in term financing for a 16 storey office building located in the central business district of Downtown Vancouver.

South Granville Centre

$18,500,000 financing with an interest only, 20-year term loan for this atypical office that includes a retail component on the ground floor.

1133 Melville St.

$16,000,000 for this 72,000 sq.ft. office in Vancouver that contains an unusual tenant mix and a larger-than-average parking area.  

Empire Building

$5,150,000 loan acquired to upgrade Edmonton’s Empire Building, a five-year term and 21-year amortization period.

The Parker

$2,900,000 building conversion and renovation to fully transform this Vancouver property.

Southpoint Business Centre

$2,215,000 term loan for 8 separate strata units within a 33 unit building in Surrey, BC.