|
 "certain
methods of financing which can provide owners with lower
cost borrowings"
The continued aging of the population in Canada together with the strain on the medical services industry has created a growing need for privatized health care. This has resulted in an increased demand for financing of private care facilities.
The company has been active in this highly specialized segment for many years and has consequently developed a significant amount of in-house expertise on the financing of care facilities in general.
Peoples Trust has found that care facilities are particularly suitable for certain methods of financing which can provide owners with lower cost borrowing.
Construction financing, long term financing and
mezzanine 2nd and 3rd mortgages are all financing
products offered by Peoples Trust. Contact our
specialists to discuss your needs. Recent Transactions:
Construction & Long Term Financing Project, Nanaimo
 Loan Amount: $8.5
million
Asset Type: 75 Unit Care Facility
Interest Rate: Floating then Fixed Rate
Term: 10 years
Security: CMHC insured 1st Mortgage
Construction & Long Term Financing Project,
Parksville
 
Loan Amount: $10 Million
Asset Type: 75 Bed Care Facility
Interest
Rate: Floating then Fixed Rate
Term: 10 years
Security: CMHC insured 1st Mortgage |
