Commercial Real Estate Lending for the New Market
Over the past 12 months we have all felt the effects of a rapidly changing market. Many traditional methods of lending have reduced, changed, or disappeared entirely, while new initiatives and opportunities are now starting to arise. It’s as if we have entered the wilderness of everyone’s’ “new normal” within the Canadian Lending Sector. And as any good wilderness survival expert would say, it’s time for us all to learn to adapt, overcome and thrive in this new market!
Since the beginning of 2020, NorthBrook has focused on assisting our lenders in developing new solutions for their portfolios that fit this new normal. This “behind-the-scenes” work with our lenders has given us a unique market perspective that has enabled us to develop new tactics and strategies for our placement support. And utilizing these new techniques, we were able to reconcile over $50 Million of liquidity to many of our MICs and private lenders.
In 2021, we are now offering these solutions to the open market. NorthBrook is now assisting real estate investors, mortgage agents, realtors, developers, and any other industry professionals struggling to fulfill their clients’ financing needs. Whether you are looking for advisory services, consultation on a file, or looking for assistance in placing a transaction – we are the experts that are here to help!
Our goal is to provide you with innovative ways to overcome the challenges we are all facing today. Each month we will be delivering ideas and strategies that can help you manage through an evolving economy as we open up after COVID. Be sure to check back to our blog section for these viewpoints.
As always, if you are currently struggling with a particular file, reach out to us! We’re always happy to review a transaction to help put together a strategy. Alternative, if you ever have a question or would like us to speak on a particular topic, send us a quick note through our Contact page and we’ll do our best to address it.
Let’s make 2021 a year of opportunity together.