Finneo

🌟 Kicking Off the CREFC Conference in Miami with Team FINNEO! 🌴 We’re excited to be attending the 3-day CREFC Conference in beautiful Miami! This incredible event provides the perfect platform to connect with top professionals in the debt fund and CMBS space, attend insightful sessions, and build meaningful relationships with lenders and industry leaders. And extra bonus was spending some time and meeting with baseball legend @joe girardi; 4-time world series champion and National League manager of the year! At FINNEO, we leverage our technology- and data-enabled platform to secure the best commercial real estate financing solutions for our clients. Events like these allow us to stay at the forefront of the industry, ensuring we continue to deliver unmatched value and expertise. In pic: KC Daya Charlotte Kang Zak Blechman among others. Here’s to an amazing few days of networking, learning, and collaboration! 💼📊 #FINNEO #CREFC #CommercialRealEstate #Networking #DebtFunds #CMBS #FinancingSolutions

Deal Announcement: Successful Refinance Secured! We’re thrilled to have arranged the refinance of a 17-property, 517,000 sq. ft. industrial/office portfolio in GTA West for a valued, long-standing client. A big shoutout to Austin James for securing outstanding terms through expert focus and flawless execution! If you’re a Real Estate Developer, Owner, or Asset Manager, schedule a 30-minute call with Austin and the Finneo team to discover how our proprietary process unlocks untapped potential. Austin James | VP, Debt Capital Markets 📞 289-242-8793 ✉️austin@finneotech.com

Team FINNEO is looking forward to joining 2,200+ registered CRE finance professionals at the Loews Miami Beach Hotel on January 12-15, 2025, for 4 days in South Beach. We look forward to gaining unique market insights via panels led by the top voices in their fields, enjoy high profile and engaging keynote speakers, and stay up to date with CREFC’s sector-focused Forums and Committees. #cre #structuredfinance #cmbs #debtfunds #commercialmortgages

Our Team is thrilled to announce that FINNEO has successfully secured $95 million in financing for Nahid Corp.'s latest development, — a 215-unit condominium project in a major market in North America. This achievement underscores the effectiveness of our tech-driven, data-enabled financing platform in navigating today's challenging real estate market. By leveraging our extensive network and innovative approach, we facilitated a comprehensive financing package, including an $80 million first mortgage from KingSett Capital and additional $15 million from Fiera Capital. This collaboration exemplifies our commitment to delivering tailored financial solutions that drive growth in the commercial real estate sector. #CommercialRealEstate #RealEstateFinance #PropTech #CRE #TorontoRealEstate #FinancingSolutions #InnovationInRealEstate #CondoDevelopment #TechInFinance #RealEstateInvesting LINK: https://lnkd.in/gzHBz89T

Transformative changes to multi-unit mortgage loan insurance programs have been recently implemented by the insurer (cmhc), aimed at enhancing risk management and aligning with market best practices. These changes include stricter equity and bonding requirements, expanded appraisal standards, and adjustments to qualifying interest rates, creating higher barriers to entry for developers and borrowers. At Finneo, we’re leveraging our multi-family expertise and advanced data/technology to help clients navigate these changes, secure optimal capital solutions, and succeed in this evolving landscape. Learn more about how we can help you adapt and thrive.

Finneo will be attending the Global Property Market Forum tomorrow, Tuesday, December 3rd, as part of the Toronto Real Estate Conference this week! 🏢✨ Our Founder & CEO, Amar Nijjar, will be there and would love to connect with you. 🤝 If you’re attending and interested in chatting, don’t hesitate to reach out. We’d be thrilled to coordinate a time to meet! 💬 Let’s make the most of this incredible event! 🚀 #Networking #TorontoRealEstateConference #GlobalPropertyMarket

Team Finneo attended Peakhill Capital's annual client appreciation event last week and It was great to see the success that Peakhill Capital has accomplished under Harley Gold's leadership over last few years. Sláinte!

We had a great Investment Market and Lending Update event yesterday at the Avison Young office in Montreal. We had insightful conversations and meaningful connections. A big thank you to everyone who attended, and special thanks to our speakers, Amar Nijjar and Mark Sinnett, for their valuable presentations!

Green Street published a story on how Finneo Team was able to source attractive LTV, Rate, Fee and Covenants on a student housing project valued at $14.2MM. In the year 2024 and beyond, traditional mortgage brokers are severely lacking in their ability to bring transparency into the process and access to the entirety of lending market but Finneo is at the forefront of changing that - slowly but surely! Another feather in team Finneo's cap! https://lnkd.in/gz-scXWa #proptech #fintech #commercialmortgages Article summary: Vancouver City Savings Credit Union has written $9.8m of debt backed by three residential properties catering to students in Waterloo, Ont., Green Street News can reveal. The borrower is a private investor who has owned the properties since 2019. Some of the proceeds are being used to repay a mortgage with a large bank. The remaining funds will go toward renovations and an equity takeout, which will be used for another student-housing acquisition. The properties, at 28 University Avenue E and 64-66 Cardill Crescent, are valued at $14.2m, pegging the loan-to-value ratio at 66%. Finneo advised the borrower on the financing deal. Waterloo Off Campus Housing manages all three properties. The 65-unit/bed 28 University Avenue is approximately 10 years old and rises eight storeys. It is close to Wilfrid Laurier University. The rentals at 64-66 Cardill Crescent are about a kilometre from the University of Waterloo. The four-storey buildings are approximately 15 years old and have 65 beds in total. Sources say the lending environment has been particularly challenging for owners of small to midsize properties, due in part to a slowing economy and lengthy due diligence periods. Those factors are prompting more borrowers to turn to debt advisors to help navigate the volatility and uncertainty. Earlier this year, the Canada Mortgage and Housing Corp. said in a report that students in the Waterloo-Kitchener region continued to struggle to find affordable units.

Western States hospitality conference by Big Picture Conferences Inc. was packed with attendees and offered lots of networking opportunities. Team Finneo was represented by our CEO Amar Nijjar and Joshua Broadhead. Exciting times ahead as we open our local market offices in key markets and build high performing teams led by hardworking, competent and experienced CRE Debt professionals.