With a focus on deals less than $10-million, ILDF is focussed on supporting small to medium sized hotel companies transition and improve their hotels.
Present Discussion Paper of indicative terms
Complete Due Diligence
Secure Formal Approval
Documents ready for signatures
Loan Funded
Managing Director
Managing Director
Salim graduated from Business School at the University of Victoria and then successfully worked as a hotel appraiser before working for a national lender as an underwriter and then an account manager.
In 2012, Salim launched the hotel mortgage brokerage division at Clifton Blake Realty Advisors and ultimately grew the team that was successful in arranging financing from coast to coast.
After nine years with Clifton Blake Realty Advisory, Salim launched ICON Capital Corp. with Jason Wight, AACI, which is a client focused mortgage brokerage that specializes in hotels, seniors living, self-storage, and student housing.
Salim has worked with both owner-operators and multinational companies across Canada and the US. With his rich background and in-depth knowledge, Salim is able to expertly analyze a transaction and provide specific guidance to both clients and lenders. The lending community appreciates working with Salim and the team that he heads given their in-depth knowledge and the feedback that they give on each deal, particularly since lenders are often not well versed in the “niche” industries of hotels, seniors living, self-storage, and student housing. Clients value knowing that Salim is always working to secure them the best deal available, even if it is with the existing lender or based on a direct relationship that the client has. The end goal is always to get the best deal for the client.
Managing Director
Managing Director
Jason’s career began on the “front lines” of the hotel industry in a range of positions—he cleaned guestrooms as a suite attendant and served guests as a bellman, a doorman, a valet, and a concierge.
Following the completion of his university education, Jason joined HVS, one of the top international hotel consulting and appraisal firms, where his passion for hotels merged with his love for the real estate industry. Over 13 years, he climbed the ranks to Senior Vice President, obtained his appraisal designation with the Appraisal Institute of Canada, and worked on projects in more than 100 markets across Canada and the US. During this time, Jason established himself as a respected hotel real estate expert and formed diverse relationships with real estate lenders, owners, developers, and service providers. Jason’s clients have run the gamut from independent developers and owners to institutional corporations and international banks.
In 2021, Jason launched ICON Capital Corp. with Salim Gulamani. Jason is a licensed Mortgage Associate and is involved in originating, underwriting and negotiating commercial mortgages for the hotel, seniors housing, self-storage and student housing sectors.
Director / Counsel
Director / Counsel
Since graduating from the University of Toronto Law School (JD) in 1980 Phil has counselled hundreds of business owners and partnerships, and guided the purchase, sale and financing of hundreds of businesses, commercial properties, and hotels.
He has worked with clients from all industries and with all sorts of commercial relationships and transactions, drawing on four decades experience as a corporate and commercial, commercial real estate, and hospitality lawyer and having handled thousands of contracts and hundreds of relationships, transactions, commercial disputes, and succession plans.
He has been active in the hospitality sector for more than thirty years, representing hoteliers in the purchase, sale, and financing of hotel properties, including operating, development and redevelopment sites from coast-to-coast and multiple portfolio acquisitions. He has acted on hundreds of transactions representing dozens of independent hotel owners and some of Canada’s most active family-owned hotel portfolio companies.
Phil’s primary activities are transaction advisory, partner relations, succession planning, and general business advice.