Commercial Mortgages in Alberta

Commercial Mortgages Alberta serve a province shaped by energy-adjacent industries, agriculture, and strong logistics corridors. Think Calgary’s growth around the airport and logistics parks, Edmonton’s government and industrial base, and steady demand across mid-sized cities along the QEII. We arrange financing for purchases, refinances, construction, and bridge loans through banks, credit unions, alternative lenders, private capital, and CMHC-insured programs for multi-unit residential. Alberta-specific factors like commercial condo corporations, off-site levies, area structure plans, and pipeline or wellsite setbacks are planned in from day one. If you search for Commercial Mortgages AB, you will find the same end-to-end approach here.

Who We Serve

We help investors expand portfolios, owner-operators acquire premises, and developers deliver income-producing projects. Our clients include industrial users along major highways, medical and professional buyers acquiring commercial condos, retail and mixed-use owners in growing nodes, hospitality operators in mountain and gateway markets, and multi-family developers pursuing conventional or CMHC-insured execution.

Property Types We Finance

• Multi Unit Residential. Conventional and CMHC-insured apartments, including MLI Select where it fits.

• Industrial. Distribution, last-mile logistics, cold storage, flex and condo bays, and light manufacturing near major corridors.

• Office Property. Downtown and suburban, medical and professional, commercial condo and freehold.

• Retail Space. Street-front retail, neighbourhood plazas, and mixed-use with residential above.

• Hotel & Hospitality. Select-service and boutique hotels and resorts in markets like Canmore, Banff, and Jasper. We consider sponsor strength and seasonality.

• Land Development. Entitled or service-ready sites with a plan to construction or sale.

• Farm & Agriculture. Farmland and agri-business facilities such as barns, storage, and processing, with terms that fit seasonal cash flow.

• Self Storage. Existing facilities, expansions, conversions, and new builds.

• Student Housing. Purpose-built or converted properties near campus with academic calendar considerations.

• Retirement Housing. Independent living, assisted living, memory care, and other seniors housing.

Eligible Transactions

• Purchase. Underwritten to in-place income. Pro forma lease up considered with a credible plan.

• Refinance & Renewal. Improve rate and terms, release equity, or replace a maturing loan with clear timelines and costs.

• Construction Loans. Ground up builds, expansions, and conversions with progress draws, interest reserves, and QS oversight.

• Bridge Financing. Short-term funding for time sensitive closings, renovations, and lease up before term debt.

• Private Financing. Asset-focused options when timing or structure requires flexibility, with transparent pricing and a defined exit.

• Second Mortgage. Additional capital behind the first mortgage for upgrades, working capital, lease up, or a partner buyout.

• Mezzanine Financing. Flexible capital behind the first mortgage to reach target leverage, with intercreditor steps planned early.

• CMHC and MLI Select. Insured multi-family paths that can support higher leverage and longer amortization when eligibility targets are met.

How Commercial Mortgages Alberta Are Structured

We size the loan around your business plan first, then place it with lenders that match the risk, tenancy, and timeline. For multi-family, we compare conventional and CMHC paths. For commercial condos, we review budgets, reserve studies, and bylaws early. For construction and value-add, we align draw schedules and covenants with your milestones so cash flow stays predictable.

Typical Loan Parameters and Eligibility

Actual terms depend on asset quality, sponsor profile, tenancy, and lender policy.

• Loan-to-Value: About 55% to 75% on stabilized conventional assets. CMHC-insured multi-res can support higher leverage. Specialty assets may size lower.
• Debt Service Coverage: Commonly 1.20x to 1.35x. Higher for assets with variable or seasonal income.
• Amortization: 20 to 30 years on income properties. Interest-only often available for bridge or construction phases.
• Terms: 1 to 10 years, fixed or variable. Prepayment may include step-downs, IRR make-whole, or yield maintenance.
• Security & Recourse: First mortgage security is standard. Recourse varies by leverage and lender. Guarantees are more common for construction and smaller balances.
• Fees & Costs: Lender fees, appraisal and environmental, legal, brokerage, and for construction, QS and cost monitoring. We outline these up front.

Eligibility checklist

• Relevant experience or a capable third-party manager for the asset type.
• Adequate net worth and liquidity for contingencies, interest reserves, and potential overruns.
• Realistic leasing and absorption, capex, and rent growth that match submarket data.
• Proper land use and permits, clean environmental status, and compliance with right-of-way or wellsite setbacks where applicable.

Streamlined Documents Checklist

We stage requests to keep momentum and only order what the lender needs.

• Property: Current rent roll, trailing 12-month operating statement, tax bills, insurance details.
• Third-Party Reports: Appraisal, Phase I ESA (Phase II if flagged), building condition, and for construction, drawings, specs, and geotech where needed.
• Corporate/Sponsor: Net worth and liquidity summary, org chart, articles and resolutions, recent financials and tax filings.
• Construction (if applicable): Budget, schedule, fixed-price or GMP contract, progress-draw protocol, pre-leasing or pre-sales where relevant.

Process and Timelines

• Initial Assessment (1 to 3 business days): We review the rent roll, trailing 12, and sponsor profile, then shortlist lenders that fit the asset and location.
• Term Sheet (3 to 10 business days): We approach a focused group of Alberta lenders and secure indications covering rate, leverage, DSCR, covenants, and fees.
• Diligence and Approvals (2 to 6 weeks): Appraisal, environmental, legal review, and where applicable, QS and cost monitoring. Condo or heritage-related files may require extra documentation.
• Funding and Closing: Satisfy conditions, bind insurance, and register security. For construction and bridge loans, we set up draw mechanics to keep the project moving.

Where We Lend

We finance across Alberta, including Calgary, Edmonton, Red Deer, Airdrie, Okotoks, Cochrane, Lethbridge, Medicine Hat, Grande Prairie, Fort McMurray, Sherwood Park, St. Albert, and growth nodes throughout Central and Northern Alberta. Strong rural and secondary markets are considered with solid sponsorship or enhanced structure.

Why Work With Us

• Alberta Market Insight: Active relationships with banks, credit unions, alternative and private lenders, plus hands-on experience with condo corporations, off-site levies, and development approvals.
• Structure-First Approach: We align the loan to stabilization, capex, lease-up, or construction, then place it with the right lender.
• Clear and Proactive: Straightforward milestones, early issue spotting on environmental or legal matters, and plain-language covenants and conditions.
• Deadline-Driven: Tight coordination of third parties and legal so purchases, refinances, and builds stay on schedule.

Get Started

Send the property address, rent roll, trailing 12-month statement, and a short note on your goals and timing. For commercial condos, include the corporation’s documents. For construction, add the budget, schedule, and drawings. We will provide an initial assessment and outline credible paths, whether conventional, CMHC-insured multi-res, alternative, or bridge, so you can compare options and move forward with confidence in Alberta.