Finding the necessary capital to take advantage of incredible investment prospects isn’t always a simple task.
This is especially true when dealing with high value real estate that could bring substantial profits if managed properly.
Recently, the team at Donaldson Capital helped returning clients successfully obtain the funds they needed to capitalize on an exceptional opportunity.
“We had previously helped these clients find mortgage solutions for their Toronto home and Muskoka cottage properties,” explains mortgage broker Drew Donaldson of Donaldson Capital. “They came to us with a rare opportunity to buy an industrial piece of land and sever it off into eight lots which would create quite a windfall for them.”
The only catch? They had half the money saved and were looking for flexible financing to close on the transaction.
With a unique capital base to tap into, the Donaldson Capital team was able to line up a lender and help them close the deal on the land.
“As lots continued to be sold our lender was paid down in stages, eventually leading to full repayment and a large profit for our valued clients,” says Drew. “Recently they have notified us of expansion to their cottage along with new landscaping, but they won’t be needing financing for this and can pay from their profits on the deal.”
Donaldson Capital’s ability to successfully navigate unique lending deals and execute under short timelines is something Drew and the team pride themselves on.
“It’s a wonderful feeling knowing we have helped many investors and homeowners achieve their goals,” says broker Jack Kerr.
That is just one of their many happy clients. Their team has found solutions for a large variety of mortgage lending challenges, that range from the complex to the straightforward.
The team is well-versed in navigating multi-million dollar residential mortgages for high-net-worth clients, securing construction financing, and finding flexible forms of capital to help clients grow their wealth.
“The Donaldson Difference, which separates us from any other mortgage company in the industry, is encompassed and built upon by our four core strengths; key relationships with lenders, market experience in Toronto and Muskoka, our own personal experience, and our devoted team.”
TEXT CHRIS OCCHIUZZI
PHOTOS ANDREW FEARMAN