Sign in or 

People just like you can add or edit the content on this site. If you want to try editing, but aren't ready to add to this site, try our demo area.
Read more about editing pages at Wetpaint Central.
)
|
Latest page update: made by
Anonymous
, Jun 6 2009, 4:24 PM EDT
(about this update
About This Update
Edited anonymously
view changes - complete history) |
|
Keyword tags:
Alexander
Canadian Funding Corp
CFC
Florida
Moishe
Moishe Alexander
Mortgages
Thornhill
Toronto
UK
(edit keyword tags)
More Info: links to this page
|
| Started By | Thread Subject | Replies | Last Post | ||
|---|---|---|---|---|---|
| moishealexander | Manoir Providence Chibougamau, Quebec | 0 | May 4 2009, 3:42 PM EDT by moishealexander | ||
|
Thread started: May 4 2009, 3:42 PM EDT
Watch
Canadian Funding Corporation posts the following affordable housing solution.
The developer, Marcel Laprise, partnered with CMHC, which granted $10,000 in seed funding for a needs assessment and an environmental site assessment. CMHC then granted $70,000 in proposal development funding. The total development cost is estimated at $2.7 million. The project is also benefiting from the mortgage loan insurance underwriting flexibilities offered by CMHC. Monthly rental rates will range from $900 for a bachelor apartment to $1,375 for a one-bedroom unit. The rent includes three meals a day and laundry services. The work of Marcel Laprise and CMHC is posted for the wetpaint community by Moishe Alexander CEO of Canadian Funding Corporation. |
|||||
| moishealexander | Manoir Claudette Barré Montréal, Quebec | 0 | May 4 2009, 3:37 PM EDT by moishealexander | ||
|
Thread started: May 4 2009, 3:37 PM EDT
Watch
There is a pressing need for affordable housing for moderate-income seniors in Montréal’s east end. Manoir Claudette Barré offers quality accommodation in a safe and healthy environment to independent and semi- independent seniors in the east end. Close to the subway and shopping centres, Manoir Claudette Barré helps meet the needs of neighbourhood seniors.
The Manoir opened in 2001 with 53 rooms for moderate-income, independent and semi-independent individuals. In 2005, aware of the needs of seniors in the community, the owner of the Manoir, with CMHC’s help, expanded the Manoir by adding 98 new units. The new annex opened in 2006, bringing the total capacity of the establishment to 151 units, half of which are reserved for moderate-income individuals. Moishe Alexander posts The Affordable Housing Solution The development of the annex to the existing residence required close collaboration between the developer Domenico Costa, and CMHC, which provided financial assistance and technical support. CMHC granted $17,000 in seed funding and a $100,000 interest-free Proposal Development Funding loan for expenses related to the development of the proposal. CMHC’s flexibilities in mortgage loan insurance for affordable housing were also provided. In addition to the 98 new units, the new wing of the Manoir has a large dining room, a laundry room, a modern kitchen, an elevator and access to the large lounges of the residence. All the rooms are equipped with full bathrooms, Internet connections and a sprinkler system. The Manoir also has a surveillance service, 24 hours a day, seven days a week. Manoir Claudette Barré is expanding once again. Another 125 units will be ready for occupancy in 2008. CMHC provided $13,000 in seed funding and $87,000 in Proposal Development Funding, as well as mortgage loan insurance. This was posted by Moshe Alexander of Canadian Funding Ccorporation (CFC). |
|||||
| moishealexander | Canadian Funding Corporation | 0 | May 4 2009, 3:29 PM EDT by moishealexander | ||
|
Thread started: May 4 2009, 3:29 PM EDT
Watch
Moishe Alexander has helped his company balance a complex array of financing solutions. From acquisition and refinance to construction and repositioning, Moishe Alexander's Canadian Funding Corporation can meet almost any funding request. Construction loans are used by Moishe Alexander to support developers creating new building projects. Moishe Alexander and Canadian Funding Corporation work closely with clients considering construction loans to help provide the best project solutions.
Repositioning loans are used for specific property upgrades, and Moishe Alexander carefully assess these lending projects to help create new building additions and augmentations. Under Moishe Alexander's leadership, Canadian Funding Corporation has also successfully provided Acquisition Loans to 85% LTV. Moishe Alexander currently serves as President of Canadian Funding Corporation, and helps lead the company through unique lending situations. Moishe Alexander can fund anything from a private home mortgage to a massive commercial building project. Moishe Alexander financed over $15 million in Ontario condo projects and mortgage refinancing. Canadian Funding Corporation has become a truly international corporation, providing funding service in the United Sates and Great Britain, in addition to its extensive Canadian efforts. |
|||||