Project 3

The iQ value add...

iQ was successful in receiving a reduced interest rate on this mixed use, owner occupied medical center. We strategized in a way the best fit the client to achieve this max loan amount without rents being fully stabilized.

LOCATION:

Greater Moncton, NB

LOAN TYPE:

Refinance

LOAN AMOUNT:

$5,400,000

LOAN TO VALUE:

75%

AMORTIZATION:

25 Years

CLIENT:

Halifax, Nova Scotia

COMMERCIAL SQFT:

51,000

CONDO UNITS:

COMPLETION:

November 2019