In the recent high-interest environment, many commercial property owners, especially those involved with multifamily, turned to CMHC coverage as early as possible. While this helped secure financing, it often means leaving valuable revenue-generating features unfinished, with plans to complete them later. Unfortunately, CMHC funding limits the owner’s ability to secure additional financing behind their insured position.

At NorthBrook, we see this as an untapped opportunity in the market. Our Unconventional Equity Program is designed to solve this challenge by offering stronger terms and more control than typical second mortgage options.

Through the use of structured preferred shares or, for limited partnerships, preferred partnership units, our program allows funders to receive post-loan payment revenues, providing the periodic disbursements needed to meet return requirements.

The “CMHC Augmentation” solution opens the door to a wide range of funding opportunities for properties that have already secured CMHC-insured backing, giving investors access to proven projects with reduced risk.

Let NorthBrook help you turn potential into profit.

If you are interested in exploring these new financing options, we would be happy to meet with you to review this new Unconventional Equity treatment with a full presentation and discussion on dollar size, terms and volumes.

Please feel free to contact us at any time to arrange a meeting.