Recent Financings
Tallinn Capital Mortgage Fund provides high-ratio mortgage financing on income-producing commercial properties and select well-located development sites in major urban centres across Western Canada. Below is a selection of recent projects we have financed.
| Location | Calgary |
|---|---|
| Asset Class | Apartment |
| LTV | 80% |
| Position | First Mortgage |
1st mortgage loan used to help acquire and renovate a multi-family apartment building.
| Location | Edmonton |
|---|---|
| Asset Class | Apartment |
| LTV | 85% |
| Position | First Mortgage |
1st mortgage loan used to help acquire and stabilize a multi-family apartment building.
| Location | Medicine Hat |
|---|---|
| Asset Class | Apartment |
| LTV | 75% |
| Position | First Mortgage |
1st mortgage loan used to help acquire and renovate a multi-family apartment building.
| Location | North Vancouver |
|---|---|
| Asset Class | Apartment |
| LTV | 57% |
| Position | Second Mortgage |
2nd mortgage loan used to refinance an existing 2nd mortgage on a multi-family apartment building.
| Location | Edmonton |
|---|---|
| Asset Class | Apartment |
| LTV | 76% |
| Position | First Mortgage |
1st mortgage loan used to help acquire/renovate multi-family apartment building.
| Location | Victoria |
|---|---|
| Asset Class | Apartment |
| LTV | 45% |
| Position | First Mortgage |
1st mortgage loan used to help acquire multi-family apartment building.
| Location | Vancouver Island |
|---|---|
| Asset Class | Apartment |
| LTV | 82% |
| Position | Second Mortgage |
2nd mortgage loan to purchase LP units of a multi-family apartment building.
| Location | Red Deer |
|---|---|
| Asset Class | Apartment |
| LTV | 78% |
| Position | Second Mortgage |
2nd mortgage loan to pay out existing construction loan.
| Location | New Westminster |
|---|---|
| Asset Class | Apartment |
| LTV | 73.5% |
| Position | Second Mortgage |
2nd mortgage loan to assist with renovations in another property owned by guarantors.
| Location | Vancouver |
|---|---|
| Asset Class | Bridge |
| LTV | <45% |
| Position | Pari-Passu Second Mortgage |
2nd mortgage loan to purchase the redevelopment site for a new 6 storey condominium.
| Location | Victoria |
|---|---|
| Asset Class | Bridge |
| LTV | 44% |
| Position | First Mortgage |
1st mortgage bridge loan for the acquisition of five residential lots. Loan term provided time for rezoning and permitting of future multi-family development.
| Location | Edmonton |
|---|---|
| Asset Class | Bridge |
| LTV | 55% |
| Position | Second Mortgage |
2nd mortgage loan for the acquisition of property for the future development of two towers. Loan term to provide time for rezoning, planning and permitting.
| Location | Parksville |
|---|---|
| Asset Class | Retail |
| LTV | 72% |
| Position | Second Mortgage |
2nd mortgage loan to help acquire a commercial retail plaza.
| Location | Calgary |
|---|---|
| Asset Class | Retail |
| LTV | 81% |
| Position | Second Mortgage |
2nd mortgage loan for the acquisition of a four-building multi-tenant retail strip centre.
| Location | Edmonton |
|---|---|
| Asset Class | Retail |
| LTV | 71% |
| Position | Second Mortgage |
2nd mortgage loan to provide equity take-out for other guarantor related developments.
| Location | Edmonton |
|---|---|
| Asset Class | Retail |
| LTV | 73% |
| Position | Second Mortgage |
2nd mortgage loan to provide equity take-out for other guarantor related developments.
| Location | Whitecourt, AB |
|---|---|
| Asset Class | Retail |
| LTV | 76% |
| Position | Second Mortgage |
2nd mortgage loan for renovations and equity repatriation.
| Location | Vancouver |
|---|---|
| Asset Class | Retail |
| LTV | <50% |
| Position | Second Mortgage |
2nd mortgage loan to provide equity take-out for other guarantor related developments.
| Location | Calgary |
|---|---|
| Asset Class | Industrial |
| LTV | ~78% |
| Position | Second Mortgage |
2nd mortgage loan to assist with landlord paid TI’s and stabilization of new tenants.
| Location | Calgary |
|---|---|
| Asset Class | Industrial |
| LTV | 27% |
| Position | First Mortgage |
1st mortgage loan to assist with landlord TI’s and stabilization of a new tenant.
| Location | Calgary |
|---|---|
| Asset Class | Apartment |
| LTV | 80% |
| Position | First Mortgage |
1st mortgage loan used to help acquire and renovate a multi-family apartment building.
| Location | Edmonton |
|---|---|
| Asset Class | Apartment |
| LTV | 85% |
| Position | First Mortgage |
1st mortgage loan used to help acquire and stabilize a multi-family apartment building.
| Location | Medicine Hat |
|---|---|
| Asset Class | Apartment |
| LTV | 75% |
| Position | First Mortgage |
1st mortgage loan used to help acquire and renovate a multi-family apartment building.
| Location | North Vancouver |
|---|---|
| Asset Class | Apartment |
| LTV | 57% |
| Position | Second Mortgage |
2nd mortgage loan used to refinance an existing 2nd mortgage on a multi-family apartment building.
| Location | Edmonton |
|---|---|
| Asset Class | Apartment |
| LTV | 76% |
| Position | First Mortgage |
1st mortgage loan used to help acquire/renovate multi-family apartment building.
| Location | Victoria |
|---|---|
| Asset Class | Apartment |
| LTV | 45% |
| Position | First Mortgage |
1st mortgage loan used to help acquire multi-family apartment building.
| Location | Vancouver Island |
|---|---|
| Asset Class | Apartment |
| LTV | 82% |
| Position | Second Mortgage |
2nd mortgage loan to purchase LP units of a multi-family apartment building.
| Location | Red Deer |
|---|---|
| Asset Class | Apartment |
| LTV | 78% |
| Position | Second Mortgage |
2nd mortgage loan to pay out existing construction loan.
| Location | New Westminster |
|---|---|
| Asset Class | Apartment |
| LTV | 73.5% |
| Position | Second Mortgage |
2nd mortgage loan to assist with renovations in another property owned by guarantors.
| Location | Vancouver |
|---|---|
| Asset Class | Bridge |
| LTV | <45% |
| Position | Pari-Passu Second Mortgage |
2nd mortgage loan to purchase the redevelopment site for a new 6 storey condominium.
| Location | Victoria |
|---|---|
| Asset Class | Bridge |
| LTV | 44% |
| Position | First Mortgage |
1st mortgage bridge loan for the acquisition of five residential lots. Loan term provided time for rezoning and permitting of future multi-family development.
| Location | Edmonton |
|---|---|
| Asset Class | Bridge |
| LTV | 55% |
| Position | Second Mortgage |
2nd mortgage loan for the acquisition of property for the future development of two towers. Loan term to provide time for rezoning, planning and permitting.
| Location | Parksville |
|---|---|
| Asset Class | Retail |
| LTV | 72% |
| Position | Second Mortgage |
2nd mortgage loan to help acquire a commercial retail plaza.
| Location | Calgary |
|---|---|
| Asset Class | Retail |
| LTV | 81% |
| Position | Second Mortgage |
2nd mortgage loan for the acquisition of a four-building multi-tenant retail strip centre.
| Location | Edmonton |
|---|---|
| Asset Class | Retail |
| LTV | 71% |
| Position | Second Mortgage |
2nd mortgage loan to provide equity take-out for other guarantor related developments.
| Location | Edmonton |
|---|---|
| Asset Class | Retail |
| LTV | 73% |
| Position | Second Mortgage |
2nd mortgage loan to provide equity take-out for other guarantor related developments.
| Location | Whitecourt, AB |
|---|---|
| Asset Class | Retail |
| LTV | 76% |
| Position | Second Mortgage |
2nd mortgage loan for renovations and equity repatriation.
| Location | Vancouver |
|---|---|
| Asset Class | Retail |
| LTV | <50% |
| Position | Second Mortgage |
2nd mortgage loan to provide equity take-out for other guarantor related developments.
| Location | Calgary |
|---|---|
| Asset Class | Industrial |
| LTV | ~78% |
| Position | Second Mortgage |
2nd mortgage loan to assist with landlord paid TI’s and stabilization of new tenants.
| Location | Calgary |
|---|---|
| Asset Class | Industrial |
| LTV | 27% |
| Position | First Mortgage |
1st mortgage loan to assist with landlord TI’s and stabilization of a new tenant.