Commercial Lending
Peoples Group is a leader in providing creative commercial mortgages for experienced real estate developers and investors in the Canadian Commercial Mortgage Market.
Our underwriting is founded on innovative criteria molded from the diverse backgrounds of the Peoples Trust lending team, and is dynamic and flexible allowing us to create a financing scenario to meet our client’s needs.
From construction loans to building repositioning loans, we lend against most commercial real estate asset classes such as multi-family, office and industrial.
Speed in evaluating a proposal and ultimately approving a financing is important to us. Our commercial mortgage financing is typically structured over 1 – 2 year terms, with some availability to provide 5 year fixed rate loans. Our transactions are generally for loans over $2.0 Million, and interest rates can be fixed or floating. The fees charged for our loans reflect industry standards for commercial mortgages.