CMHC-Insured Mortgages

In 2021, KingSett Capital launched the Multifamily Mortgages Group, which focuses on Canada Mortgage and Housing Corporation ("CMHC")-insured mortgages. The program finances multifamily, senior- and student-housing owners and developers across Canada’s primary and secondary markets.

$9.7B

Loan Commitments Since 2022

350+

Loans Funded
to Date

Featured Loans

$38.2M

Construction financing for 4-storey apartment building

Sarnia, ON

118 Units
Institutional Borrower
Market Rental
Construction Loan
MLI Select – Energy Efficiency, Accessibility

$2.4M

CMHC-insured financing for 24 rental units

Vancouver, BC

24 Units
Non-Profit Borrower
Market & Affordable Rental
Term Loan – CMHC 1st Mortgage
MLI Select - Affordability

$139.9M

Completion take out of 20
storey tower for future development projects

Longueuil, QC

357 Units/30,260 sf Commercial
Private Borrower
Mixed-Use
Term Loan – CMHC 1st Mortgage
MLI Select – Energy Efficiency, Affordability

$96.4M

Construction take out of mixed use property achieving Affordability and Energy Efficiency through MLI Select Program

Calgary, AB

335 Units / 13,591 sf Commercial
Institutional Borrower
Mixed-Use
Term Loan – CMHC 1st Mortgage
MLI Select – Energy Efficiency, Affordability

$14.0M

Refinance of 28 rental units to provide equity for capital repairs or improvements across borrower’s portfolio

Bedford, NS

78 Units
Institutional Borrower
Market Rental
Term Loan – CMHC 1st Mortgage
MLI Market

$15.4M

Refinance of student housing property achieving Energy Efficiency through MLI
Select Program

Montreal, QC

27 Units
Private Borrower
Student Housing
Term Loan – CMHC 1st Mortgage
MLI Select – Energy Efficiency

Loan Offerings

Modern apartment building with six floors, featuring balconies and a mix of white and tan exterior. Cars are parked on a circular driveway under a clear blue sky.

Term

Loan Size:

$2M+

Term:

1 - 10 Years

Amortization:

Up to 50 years

Purpose

Construction Takeout, Acquisition, Refinance, Assumption/Renewal

Assets:

Standard Apartment, Mixed-Use, Student Housing, Co-ops,Not-for-Profits, Senior Housing

Rate Lock:

Competitive forward fixing available up to 120 days prior to funding date

Top-Up Program:

CMHC-insured pari-passu and second mortgages, Conventional second mortgages

Construction

Loan Size:

$20M+

Term:

According to project timeline

Amortization:

Interest only

Purpose:

New Construction, Purchase Plus Improvements, Conversions

Exit Strategy:

Automatic conversion to KingSett CMHC term financing

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Contact Us

Toronto

KingSett Capital | Canada’s Leading Private Equity Real Estate Investment Firm

Scott Coates

President, KingSett Mortgage Corporation

Principal Broker

416 687 6702

Shawn Feldon

Managing Director, Multifamily Mortgages

Mortgage Agent Level 2

416 687 6754