CONCEPTION BAY SOUTH, Newfoundland and Labrador — Assadi Private Capital, Inc. has provided a line of credit of $100,000 to support land servicing and development in Eagle Subdivision, a residential housing development area in the community of Chamberlains, within Conception Bay South.
The financing is secured by a first mortgage over raw land. The line of credit is open, with no fixed maturity date, providing flexibility to support the borrower’s land servicing and development needs.
The transaction demonstrates Assadi Private Capital’s willingness to consider smaller financing requests secured by undeveloped land. It also highlights the firm’s ability to structure financing beyond conventional fixed-term mortgage loans, with terms tailored to the particular project and underlying real estate security.
Licensed mortgage brokers and qualified industry professionals are welcome to submit inquiries for land financing, development funding and mortgage loans of $100,000 or less. Each opportunity is assessed on its individual merits.
About Assadi Private Capital, Inc.
Assadi Private Capital, Inc. is a Canadian private lender specializing in short-term, real estate-secured financing solutions. The firm focuses on loan-to-value lending, flexible structuring and timely execution across a range of asset types, including residential, rural and specialty properties.
For further information, please contact us here.
Assadi Private Capital provides financing exclusively through licensed mortgage brokers and qualified industry professionals. This material is intended solely for such parties and is not directed to or for use by the general public.