Strategic financing solutions for condo & strata boards experiencing reserve fund shortfalls.
Condominium Lending Group is the new name to our condo division and operates as a subsidiary of Care Lending Group Inc. (CLG). Our industry professionals will analyze and create a custom resolution that meet the needs of not only the condo & strata boards, but also the property managers and owners.
There are many benefits to financing condo and strata repairs. By spreading the costs of the repairs out over time, it improves the corporation’s cash flow and allows condo’s and strata’s boards to keep a healthy reserve fund. Financing also benefits the unit owners as it stabilized fees and avoids costly special assessments.
Common projects we finance include:
Balconies & windows
Building envelopes
Energy retrofits
Elevators
Guest suites
HVAC systems
Lobbies & recreational facilities
Window replacement
