Financing
ICON Capital Corp. connects owners to lenders and strengthens financing relationships within Canada’s hotel, self-storage, seniors living, and student housing sectors.
- We provide customized financing solutions for your specific project while ensuring the long-term success of your entire portfolio. ICON helps you build the lender relationships that are essential to your long-term success.
- We help you establish new lender relationships to diversify and expand your financing network. A competitive bid process will also assist you in ensuring the best deal from your existing lender.
- We provide specialized services to successfully structure, package, present and execute your financing while achieving superior pricing in a timely manner.
- ICON draws on a wealth of knowledge, up-to-the-minute market intelligence, and an extensive lending network to provide the best solutions for your financing needs.
ICON has lenders willing to provide the following:
- Construction Financing
- Acquisition Financing
- Refinancing
- Line of Credit
- Equity Pull Out
- Land Financing for Future Development
- Mezzanine and Secondary Debt
- Capital Expenditures and Property Improvement Plan (PIP) Financing
Sectors we specialize in
Hotel Financing
Our team has more than 30 years of expertise in all facets of the hotel lending process, including appraisal, underwriting, direct lending/banking, and mortgage brokering.
Hotel Financing
ICON helps you navigate the entire hotel financing process to ensure the lowest interest rates, the highest loan amounts, and the most favourable conditions for both the short term and the entire loan period. Our team has more than 30 years of expertise in all facets of the hotel lending process, including appraisal, underwriting, direct lending/banking, and mortgage brokering. In addition, we have the latest research tools and up-to-the-minute market data, giving you a competitive advantage.
We have access to and deal directly with the decisionmakers at lending institutions and can provide the analysis and information that they are seeking. In situations where the client is not comfortable, we aggressively negotiate with the lender on their behalf to secure the best terms. In many cases, non-hotel lenders don’t want to publicize their financing appetite for fear of being overwhelmed with offers—they look to ICON’s in-house expertise for how to quietly deploy capital in the hotel industry based on their specific criteria.
Results and relationships are the backbone of our business, and our track record has made us trusted advisors in the hotel sector.
Seniors Living Financing
ICON has identified several lenders who are seeking to finance the seniors living sector across Canada.
Seniors Living Financing
ICON has identified several lenders who are seeking to finance the seniors living sector across Canada but who are not currently being presented with opportunities to bid on deals. We know that Canadian and international lenders have an appetite for the seniors living market—they want to finance this sector and are even willing to offer below-market terms to win these deals. ICON can introduce you to these lenders and help you to establish advantageous new relationships.
Self-Storage Financing
The self-storage industry is new to many lenders, and our in-house industry data and comparable lending parameters in the market make lenders more comfortable with offering competitive financing terms.
Self-Storage Financing
ICON has categorized the lenders active in the self-storage sector across Canada according to the range of financing options that they offer. Some lenders are interested only in small deals in specific regions of the country, whereas others are looking for larger dollar amounts with national exposure. We are thus able to quickly determine which lenders are suitable for you and get the process underway without wasting time. The self-storage industry is new to many lenders, and our in-house industry data and comparable lending parameters in the market make lenders more comfortable with offering competitive financing terms.
The pandemic has highlighted the resiliency of the self-storage industry, which has spurred several clients to consider developing a self-storage facility for their excess or available land as a way to diversify their portfolios. We have also introduced clients to self-storage companies looking to partner with land owners who have minimal experience.
Student Housing Financing
Student housing is experiencing substantial growth, particularly since new supply has lagged behind demand in most markets in Canada.
Student Housing Financing
ICON can determine if your vacant site is suitable for student housing or whether your existing hotel or building can be converted into student housing. We are able to outline financing structures, determine the highest and best use, and map out the best solution for your specific project.
Student housing is experiencing substantial growth, particularly since new supply has lagged behind demand in most markets in Canada. ICON has worked with lenders who require more detail when engaging in this sector. Frequently, lenders want to see a comparison with alternative scenarios because they lack expertise in the student housing industry. We can provide lenders with the assurances they need, helping you to secure a deal at the best terms available.