A lack of trust among buyers and investors in the pre-sale condo market is leading developers to offer increasingly creative incentives, including programs to help protect the value of the investments. Surrey-based Allure Ventures is among these companies.
Cameron Stephens Mortgage Capital Ltd., has launched the Western Canada High Yield Mortgage Fund, with an initial commitment of $70 million, which it intends to begin quickly investing in a “strong pipeline” of potential deals.
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