Calgary, Alberta – September 28, 2020 – Assadi Private Capital, Inc., a Canadian private mortgage lender, is pleased to announce the completion of a $175,000 revolving business line of credit. The uniquely-structured loan facility is secured by second mortgages over four residential condominium units in Winnipeg, Manitoba.
“This transaction demonstrates our continued commitment to structured, asset-backed lending in key Canadian markets,” said Alexis Shahriar Assadi, Director of Assadi Private Capital. “By securing the facility across multiple condominium units, we have created a diversified collateral base while providing flexible capital to support our client’s business objectives. We are particularly proud given the challenges imposed by the the global COVID-19 pandemic.”
APC continues to provide tailored private lending solutions across Canada, focusing on disciplined risk management, strong collateral positions and clearly defined loan documentation.
About Assadi Private Capital Inc.
Assadi Private Capital Inc. is a Calgary-based private mortgage lender providing structured, asset-backed financing solutions across Canada. The firm specializes in first and second mortgages, revolving credit facilities and customized lending structures secured by real estate.
For further information, please contact us here.