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Conventional term mortgages are available up to 75% of the appraised value, amortized up to 25 years (or longer) depending on various conditions such as but not limited to age of the real estate asset, physical condition, location, tenant profile, and average lease term. High Street on behalf of borrower clients negotiates key loan items for each transaction such as mortgage interest rates (fixed or floating) interest only or amortizing payment schedules, duration of term (from under 5 years to 25 years or longer), recourse amounts and requirements.
High Street can arrange financing for big box outlets (nationally anchored tenants), shopping centres and neighbourhood strip plazas. High Street also arranges financing for multi-tenanted industrial buildings, and single tenant buildings. Get in touch with High Street to see how we can help you.
High Street Financial's leadership has extensive experience in underwriting construction loans and managing them on a monthly basis while the project is underway. Their knowledge of and experience in construction is crucial to effectively underwriting and managing construction loans. Highstreet originates loans for various property types, including Multifamily, Industrial, Office, Retail, Residential Mixed-Use and Land.
We have had the honor and privilege of growing our company over the years largely through word-of-mouth referrals from brokers, borrowers, other lenders, and stakeholders within the greater commercial real estate community.
We effectively and efficiently execute each loan entirely in-house for a seamless process including but not limited to construction draws, inspections and underwriting.
Our competitive advantage is rooted in our team’s extensive experience in underwriting construction loans. Our vast knowledge of and experience in development is crucial to effectively underwriting and managing loans.
