Retail

Very active in this category, Citifund Capital Corporation brokers have secured commercial financing for everything from downtown retail properties to suburban shopping malls. This breadth of activity provides us with a full perspective of the current retail financing landscape. As a result, we understand how to present these types of projects to lenders to achieve the flexibilities that may be required.

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

Ironwood Shopping Centre

$39,700,000 of term financing for this Richmond, BC shopping centre anchored by Save-On-Foods, London Drugs, Rogers and McDonald’s.

Market Place

$28,000,000 of financing for this Whistler, BC mixed-use strata structure occupied by Starbucks, BC Liquor Store, TD Bank and shadow anchored by IGA.

Shangri La Retail

$19,000,000 in term financing for the retail component of Vancouver’s Shangri La project, anchored by Urban Fare and Burberry.

Woodward's Retail

$17,000,000 in term financing for the retail portion of Vancouver’s Woodward’s project, which includes London Drugs and Nesters Market.

Southview Centre

$11,000,000 financed through a 10-year fixed rate retail loan at 75% of the value of this structure in Lethbridge, AB.

Victoria Square

$9,700,000 financing loan for this strip mall property, located at E41st Ave and Victoria Drive in Vancouver.

Destination Honda

$6,500,000 retail term loan for their location in Vancouver, despite going to market during an extremely challenging time for the auto industry.