A straight forward simple approach to Commercial Real Estate Financing.
While CMSI is a National organization, we keep things simple and provide a high level of personal service with every commercial mortgage we place finance on. Every deal, no matter the size gets approached the same way:
#1 – Understand the project and financing needs.
Whatever the project, there are some items that are always the same, and some items that are always unique to a specific project. CMSI works with the Borrower to understand the project priorities and identify the best strategy to address specific requirements. CMSI strives to create outstanding relationships that meet or exceed the needs of your real estate project.
#2 – Create a comprehensive Financing Package that communicates Borrower needs to Lenders.
The CMSI team analyzes each transaction individually to determine the best approach to financing. CMSI provides all of its clients, large or small, with the attention and detail they deserve. We work closely with Borrowers to prepare a comprehensive financing package which communicates your project requirements to Lenders in the professional, financing industry language.
#3 – Negotiate with interested Lenders to find the best financing arrangement.
A key advantage of using an independent mortgage brokerage is that we take a financing request to multiple Lenders in order to find the best available financing option and relationship fit in the market. It is not always the lowest interest rate that is the best solution; on term debt, it usually is, but on construction, acquisition or repositioning of assets, it is normally a combination of capital and timing that will provide the best leverage for a property. CMSI works with you to understand the options, negotiate the best terms, and make a sound financing choice.
#4 - Fund
Once a Commitment Letter is executed and funds have been advanced, CMSI is still committed to working with Borrowers and Lenders to help ensure clear communication and smooth project financing. CMSI is investing in building long term relationships and providing a comprehensive professional service.
CMSI is recognized in the investment community for finding quality investments for institutional lenders, producing comprehensive packages and as Professionals in the commercial real estate markets. We focus on maintaining strong, long term relationships with an extensive network of investors and lenders. These relationships provide a solid foundation for CMSI to market transactions and achieve industry leading results. CMSI has successfully negotiated financing transactions ranging from $2,000,000 to over $170,000,000. Nationally, we repeatedly exceeds $1 billion in loans annually.
CMSI Alberta Personnel
The CMSI Alberta office is a small collaborative team, with a significant amount of experience and a wealth of knowledge. Our clients know us as a strategic partner offering a range of commercial real estate loans designed to meet specific project requirements. We work effectively together as a team and with our clients to finance portfolios typically valued at $3 million dollars or greater.
Michael Koski, Mortgage Broker
Michael Koski has been involved with the commercial real estate sector since 1985. In progressive roles, he has worked in real estate brokerage, was the leasing manager for a large portfolio of industrial, retail and office space. Since 1997, Michael has enjoyed a successful track record as a commercial mortgage broker.
He has developed strong relationships with institutional borrowers and lenders that assist in providing effective mortgage structures for construction and long-term debt solutions.
Having brokered over $500 million of loan originations for publicly traded Canadian REIT’s has provided him a working knowledge of specific borrower criteria, while fostering relationships with the most significant commercial mortgage lenders in Canada.
Significant deals have included:
$135 million – 35 building real estate portfolio, over 5 provinces
$75 million – enclosed shopping centre, Cambridge, Ontario
$62 million – office building, downtown Montreal, Quebec
$30 million – construction of industrial & office complex, Edmonton, Alberta
Financing of Scotia Place, Edmonton, Alberta
Financing of ING Building, Edmonton, Alberta
Financing of 333 11th Avenue, Calgary, Alberta
Completed the first and largest commercial mortgage to enter an ABCP pool.
Completed over $500 million of debt for various CMBS pools
Michael has originated over $1.6 billion in mortgage financing for both local and institutional clients across Canada.
Some of our Clients include:
• Canadian Urban Equities
• Citizens Bank
• Concert Properties
• Discovery Parks
• First Capital Realty
• Great-West Life
• LaSalle Investment Management
• Morguard Investments Limited
• Opus Building Corporation
• Otera, Bank of America
• Rencor Developments
• Staburn Property Group
• Strategic Group
• TD Bank
• Timbercreek REIT
• WAM Development Group