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1630, 717 - 7 Avenue SW
Calgary, Alberta T2P 0Z3
Phone: (403) 297-9320
Fax: (403) 297-9325
Land & Servicing Loans
Land financing is the first step to the success of your development. Innocapital works as your advocate to obtain financing for land, lot servicing, and lot inventory financing. The loan depends on the development timeline, zoning status and developer strength and experience.
Feature Land & Servicing Loan Projects
Highway 1 Lands
Land Take Out Financing
TransCanada Highway & Highway 22, Rockyview, AB
First mortgage loan to refinance an existing mortgage on 191 acres of development land and to provide working capital to complete the Rockyview Development Application for the proposed commercial and residential development. Highway 1 Lands is located along the TransCanada Highway just West of Highway 22 - one of Alberta's busiest transportation corridors in Southern Alberta.
Conventional Land Financing
1st Street and 3rd Avenue SW, Calgary, AB
This conventional first mortgage loan on a 1.61 acre surface parking lot provided the Borrower with equity to redeploy into other projects in their portfolio.
Acquisition Land Financing
Country Hills Blvd & Metis Trail, Calgary, AB
First mortgage financing to facilitate the acquisition of a significant land site in a new residential neighborhood in Calgary's North East. This credit facility contemplated the credit expansion to fund the required site servicing costs as well as a facility to accommodate the construction of residential homes.