MCAP Blog

Buildings are a significant source of energy consumption and greenhouse gas (GHG) emissions in Canada. In fact, Canada's homes and buildings account for 13% of national GHG emissions. Introducing more energy efficiency when developing new or retrofitting buildings can help address climate change in a meaningful way – plus increased energy efficiency can provide other advantages for builders, owners and tenants.

Leo St-Germain has been with MCAP since the inception of the Commercial Mortgages Group – today, he is the Vice President of Origination, leading a large team of originators .

If you’re looking to add value to your building – and need capital to make that happen – you have a few financing options you can consider. Whether you’re making repairs, renovations or energy efficiency upgrades, you can increase the value of your property and the return on your investment by leveraging your commercial property mortgage.

If the term on your commercial mortgage is expiring within the next year, now might be a good time to start thinking about renewal. While you may have been through the renewal process several times before, today’s fluctuating interest rate environment may have some impact on your timing, approach and next steps this time around. Getting ready for your renewal and discussing available options with your lender now can help you choose the best mortgage option for your financing, cashflow and future project needs.

As a developer, you will be well aware of the difference between a construction loan and a commercial mortgage. Your construction loan is designed to cover the cost of your build from start to finish, providing funding to purchase materials and pay contractors. A commercial mortgage, meanwhile, is your long-term financing solution post completion.