Merchant and Mortgage Banking
Through its Associate Network Asta is uniquely positioned to make private equity investments in growing Real Estate. Our expertise, capital and strong network of resources are designed to complement the business objectives and strategy of clients seeking to build and expand their real estate portfolios.
Relationships are key to your and our success, and we work closely with the companies we invest in. While we may not be involved in day-to-day operations, we take an active role in overseeing senior and board level management to assist in or advise on strategic decisions.
Asta´s team of experienced professionals is dedicated to providing creative yet timely financing solutions where traditional financing falls short of the borrower´s expectations or requirements. Over the past ten years, Asta´s flexibility and ability to handle complex transactions have been well established and are appreciated by our clients.
We concentrate our mortgage banking services for income producing commercial and multi-family real estate in Ontario, Quebec and Western Canada, however, products offered also include:
- Bridge & Short-Term Lending
- Commercial, Industrial & Residential Project Mortgaging
- Construction & Builder Financing
- Conventional & Non-Conventional Financing
- Land & Development Lending
- Second mortgage financing
- Specialized Apartment Building Lending
- Term Financing Facilities
Asta focuses on but does not limit its merchant banking activities to mezzanine financing and equity participating loans, while aiming to provide the most cost-effective and tax-efficient access to capital. Furthermore, we can offer the following products to our clients:
- Equity Capital for Acquisitions & Restructurings
- Joint-Venture Capital for Investment Properties
- Joint-Venture Financing for Builders & Developers
- Loan Syndication & Capital Market Investments
- Subordinated Acquisition Financing
Asta´s more recent merchant and mortgage banking involvement includes the following transactions:
- Provided mezzanine financing of $10 million for residential apartment conversion project in downtown Montreal
- Arranged for secondary purchase financing over €15 million for a portfolio acquisition in Germany
- Secured equity loan of $8 million for condominium project in Toronto along with subordinated debt