Centurion Mortgage Capital Corporation (“CMCC”) is a licensed mortgage broker (#12372) acting primarily on behalf of Centurion Real Estate Opportunities Trust as well as other lenders and provides private loans and equity. CMCC specializes in construction and term financing for multi-residential apartments, student housing, condominiums, and other traditional forms of real estate. We provide first mortgage, 2nd mortgage, subordinate mezzanine, participating debt, and equity financing, as well as fund development, bridge, and acquisition opportunities.
Underwriting Parameters
Property Types
Multifamily Residential (Rental and Condo), Student Housing, All Forms of Commercial, Land Assembly, and Land Servicing
Location
Canada and United States
Loan To Value
Loans up to 85%, dependent on credit attributes; Equity participation may exceed 85%
Loan Size
$4 million to $25 million
Loan Types
Conventional 1st, Mezzanine, and Participating Equity
Construction and Development, Bridge, Term, and Refinance
Recourse Requirement
Flexible
Priority
Senior or Junior
Loan Terms
Normally 6 - 30 months
Interest Rate
8% - 12%; Profit participation on equity deals
Deal Samples
At Centurion, we specialize in packaging custom financing transactions that cater to every client’s needs. Check out our recent deals and discover the different ways we have delivered for customers with diverse financing needs.
Mezzanine Construction Loan
Apartment and Condo
$6 million, 3-year mezzanine loan at a coupon of 9% - 12% for a rental apartment building and $11 million, senior ranking equity stake for a condominium
Mezzanine Construction Loan
Multi-Family Rental Apartment
$8.5 million, mezzanine 2nd construction loan, representing ± 85% LTV, subordinate to a ± 60% LTV conventional first mortgage
Mezzanine Construction Loan
Student Housing
$9.5 million mezzanine 2nd construction loan, representing ± 85% LTV, subordinate to a ± 60% LTV conventional first mortgage
Origination Teams
Our origination teams are leaders in the marketplace, with the expertise, experience, and resources to offer a full suite of custom financing solutions to meet the needs of our clients.
More Financing Solutions
Centurion Financial Trust offers customized financing solutions that address the core need companies and provides a diversified alternative investment approach when compared to other financing providers that are often limited to offering a certain type of financing structure.