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Canada  + Cross Border News + Ontario  | 
Marcus & Millichap Capital Corporation has been selected as an insured lender correspondent by the Canada Mortgage and Housing Corporation.

Marcus & Millichap Selected as Secured Lending Correspondent

Marcus & Millichap Capital Corporation has been selected as an insured lender correspondent by the Canada Mortgage and Housing Corporation.

MMCC’s was selected under the CMHC’s Canadian Apartment Insured Lending program. A subsidiary of Marcus & Millichap, MMCC provides commercial real estate capital markets financing solutions.

“MMCC’s designation as a lender correspondent marks a significant milestone in the company’s commitment to serving the Canadian multi-family market,” said the company in a news release.

The U.S.-based company, which has its Canadian headquarters in Toronto, said it has also partnered with an unidentified Canadian private-equity real estate investment firm. The partnership will enable MMCC to streamline the certificate-of-insurance application process, according to the company.

MMCC offerings include debt, mezzanine financing, preferred and joint-venture equity, sponsor equity, loans and due diligence services.

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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