Secondary financing is an attractive alternative to refinancing as it provides access to property equity that can be used to purchase another asset or renovate an existing property.
Secondary financing of student housing is not common but can be considered in the right circumstances.
Speak to one of our empowered advisors to assess options and determine the best course of action for finding and securing a smart-risk mortgage.
A strong operational history, property quality and location, as well as the borrower’s liquidity and net worth are key considerations for this type of financing.