KingSett Capital is pleased to announce the expansion of its lending program with the introduction of five and ten-year term Canada Mortgage and Housing Corporation (CMHC) insured mortgages. The expanded program, which will provide financing to bridge to a CMHC-insured loan as well as CMHC-insured and conventional second mortgages, will offer loans starting at $2 million with a focus on primary and secondary markets. For more information, please reach out to Shawn Feldon. #mortgagelending #CMHC

LINK TO PRESS RELEASE: https://www.newswire.ca/news-releases/kingsett-capital-strengthens-mortgage-offering-with-introduction-of-cmhc-lending-program-820310984.html

The 2021 KingSett Mentorship Program in partnership with the Black Business and Professional Association (www.bbpa.org) is coming to an end. This important component of our greater diversity and inclusion strategy was comprised of 18 KingSett Mentors paired with 18 Mentees from the BBPA.

Two years ago, KingSett Capital partnered with Crestpoint Real Estate Investments and Reliance Properties to acquire an historic national landmark – 1075 West Georgia in downtown Vancouver. Today, we proudly announce that we’ve renamed the multi-award-winning office tower, Arthur Erickson Place, in honour of its designer, Canada’s most distinguished architect.

If you are in Vancouver, please join us for Erickson Revealed – a spectacular, large-scale visual experience that will use digital lights to transform the building’s exterior into a stunning canvas of Erickson’s notable work. The FREE show runs each night from September 23rd to 29th at 8:30pm to 10pm. (It is a 10-minute show that will loop). The best viewing is across the street from 1075 West Georgia. See you there!

#ArthurEricksonPlace #CommerialRealEstate #CRE

KingSett’s Urban Infill Fund is pleased to announce the successful sale of 570 Bloor Street West, a 17,678 sf urban street-front building located steps away from TTC Bathurst Station at the rapidly-growing intersection of Bathurst and Bloor. The property is leased to a complimentary tenant mix including Tokyo Smoke and Wine Rack.

We are excited to announce our recent approval as a CMHC Lender and are now reviewing requests for 5 and 10-year term CMHC insured multifamily mortgages of $2 million +. Preferred pricing and structures available for qualifying affordable properties. Please give Shawn Feldon a call today to discuss your next multifamily financing.

Here we grow again! Please join us in welcoming (3) new hires to KingSett:

Srinivasan Ramakrishnan joins us as Senior DevOps Admin & Support Analyst.

David Barchet joins us as Associate, Multifamily Mortgage Group.

Megan Farrell joins us as Analyst, Mortgage Underwriting & Funding.

Welcome Sri, David and Megan!

Jon Love met with our hard-working summer Interns and thanked them for their dedication while working from home and welcomed them back to the office.

KingSett is committed to sustainable asset management and is pleased to announce 40 King St. West has achieved BOMA BEST Sustainable Buildings Platinum Certification. This certification focuses on excellence in energy and environmental management, recognizing Scotia Plaza’s environmental leadership and superior operational performance.