Strategic financing solutions for condo & strata boards experiencing reserve fund shortfalls.
Condominium Lending Group’s industry professionals will analyze and create a customized financial solution resolution to meet the needs of not only the condo & strata boards, but also the property managers and unit owners.
There are many benefits to financing condo and strata repairs. By spreading the costs of the repairs out over time it improves the corporation’s cash flow, minimizing required increases to condo fees while still keeping a healthy reserve fund. Financing also benefits the unit owners as it helps to avoid costly special assessments.
Common projects we finance include:
Balconies & Windows
Building envelopes
Energy retrofits
Elevators
Guest suites
HVAC systems
Lobbies & recreational facilities
Interior Refurbishment
