Selected transaction profile
Selected transaction profileCMHC MLI Select
Ottawa · Purpose-built rental
FUNDED
$42M
Insured term financing · 2023
01 / Challenge
The sponsor sought maximum insured leverage and long amortization on a new rental asset.
02 / PreApproved solution
An MLI Select application was structured around affordability and energy-efficiency scoring.
03 / Execution result
Insured term financing closed with extended amortization and reduced cost of capital.
- Financing type
- Insured term financing
- Asset type
- Purpose-Built Rental
- Location
- Ottawa, Ontario
- Year / stage
- 2023