TORONTO, April 17, 2015 /CNW/ - CMLS Financial, one of Canada's largest independent mortgage lenders, recently provided long-term financing to Crown Realty Partners ("Crown") for their strategic acquisition of a 465,000 sq.ft. office complex located at 600 & 675 Cochrane Drive in Markham, Ontario.
Crown Realty Partners acquired the Portfolio on behalf of its fund, Crown Realty III Limited Partnership. "It was a pleasure working with Crown & their advisor CBRE Limited, Debt & Structured Finance to assist in the financing of this strategic acquisition," says Chris Sharp, Vice President Business Development, CMLS Financial. "They chose to work with us based on our competitive pricing and certainty of execution. We appreciate their confidence in CMLS Financial and we look forward to further developing our relationship."
CMLS Financial provided long-term financing through its Commercial Mortgage Backed Securities (CMBS) lending platform.
About CMLS Financial
CMLS Financial is one of Canada's largest independently owned mortgage lenders, with offices across the country. Founded in 1974, the company provides a wide range of residential mortgages, commercial mortgages, and institutional services. With its CMBS lending program, CMLS Financial is at the forefront of reestablishing a valuable funding source within the Canadian market. Their "made-in-Canada" CMBS solution provides a servicing standard and level of flexibility previously unattainable through CMBS financing. For more information about Canada's Mortgage Company™, visit www.cmls.ca.
SOURCE CMLS Financial
For further information: David Franklin, President, CMLS Financial, 604.488.3861, [email protected]