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Content tagged with: Financing

FULECap’s new venture: deposit financing for CRE buyers

Danny Kucharsky Commercial Financing National Jul. 13 2020

A new company is providing commercial real estate developers with deposit financing on real estate transactions, freeing them from tapping into lines of credits or using liquidity to lock down deals. Toronto-based FULECap provides developers deposit loans ranging from $100,000

Strategic Group gets creditor protection for 56 Alberta assets

Mario Toneguzzi Commercial Financing Calgary Dec. 11 2019

Calgary-based real estate owner and manager Strategic Group has obtained protection under the Companies’ Creditors Arrangement Act (CCAA) for 56 of its properties. “We are battling the storm,” said Riaz Mamdani, CEO of Strategic Group, in a statement issued Wednesday

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