Assadi Private Capital Inc. is pleased to announce the successful completion of a $115,000 first mortgage revolving line of credit secured by a bare-land strata property located on Salt Spring Island, British Columbia.
The facility was structured to provide the borrowers with flexible, short-term capital to consolidate other obligations, fund property-related expenses and support working capital for their business.
The transaction was underwritten with a focus on asset quality, including detailed diligence on water access, onsite wastewater feasibility and title-related considerations specific to bare-land strata developments on Salt Spring Island.
“This transaction reflects our continued focus on disciplined yet creative asset-based lending,” said Alexis Shahriar Assadi, Director of Assadi Private Capital. “In all transactions we prioritize structural protections and thorough due diligence to ensure downside risk is well controlled while providing borrowers with flexible capital solutions.”
The transaction highlights Assadi Private Capital’s ability to structure tailored financing solutions for non-traditional assets, including vacant land and rural properties, where conventional lenders may be constrained.
Assadi Private Capital continues to actively deploy capital across Canada, with a focus on real estate-secured lending opportunities that benefit from strong collateral coverage and thoughtful structuring.
About Assadi Private Capital
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.