Real Estate Business

Real Estate Investment Loans

Lanyard provides senior and mezzanine mortgage investment loans secured by good quality real estate in urban markets located principally in British Columbia, Alberta and Ontario. These loans are generally characterized by the following:

• Interest only loans with a term of one year, extendible for one additional year subject to no defaults.
• Interest rates generally in the range of 8% to 10% if secured by cash flow producing real estate and at a modest premium to 10% if secured by bare land.
• Recourse to the borrower if not a public listed company.
  
• Loans are open for repayment without penalty subject to minimum interest provisions.
• Loan-to-value ratio vary based on the quality, location and nature of the real estate securing each loan.

Lanyard manages its loan investments with the objective of providing timely service based on years of professional expertise.

Real Estate Acquisition

Lanyard seeks to acquire quality real estate holdings in all core sectors (residential, office, industrial, and retail) and in various geographic locations across Canada and the United States. It is Lanyard's intention to continue to develop a diversified portfolio of holdings which, through careful management and value enhancement efforts, will experience significant capital growth over time. Recent acquisitions include residential, commercial, parking, hospitality and land assets. Our preferred real estate acquisitions are in the $5,000,000 to $20,000,000 range.