 Profile
Canadian Funding Corporation offers unique lending solutions to a variety of borrowers from around the world. Canadian Funding Corporation clients represent a wide range of lending needs, from massive corporate construction projects to families looking to finance second mortgages.
Canadian Funding Corporation is operated by a close group of experts who specialize in financing mortgage and real estate deals. Canadian Funding Corporation President and Founder Moishe Alexander compiled the group of dedicated lenders from a variety of specialties because he understood his company needed to provide a diverse set of lending solutions for clients.
From the property evaluation expertise of Jan Luistermans to the accounting consultation services of Chuck Lilly, who worked with the biggest accounting agencies in Toronto, Canadian Funding Corporation features a specialist in every aspect of the lending process, which allows them to maintain optimum in-house integrity and service for clients.
In addition to an established infrastructure of powerful finance figures, Canadian Funding Corporation also wields an extensive network of investors who lend financial weight to deals brokered by Canadian Funding Corporation. Much like the diverse nature of the firm’s client base, Canadian Funding Corporation’s investor group features both massive corporate entities and private estates. The extensive and varied investor resource system allows Canadian Funding Corporation to match lending projects with the proper financial backing, ensuring that both the client and the investor are comfortable and pleased with the work.
By successfully matching similar sets of lenders and borrowers, Canadian Funding Corporation has been able to finance Bridge Loans, Renovation loans, and Renew Loans with up to 85% LTV.
Mr. Moishe Alexander is currently involved with his local synagogue, which supports various organizations in the community. Of particular importance for Alexander is the United Chesed of Toronto. “Chesed,” which translates to a deep kindness, is the code by which the organization operates and Alexander lives. The United Chesed of Toronto is a networking hub that connects Jewish individuals in need with the proper help from local synagogues and other organizations. It places emphasis on Jewish community unity, and through the organization, Alexander works to give back to the community that has embraced him. Thus far, Alexander has been able to give time, money, and supplies, like food, clothing, and furniture, to those who are in difficult situations with the help of United Chesed of Toronto.
In accordance with Chabad principals, Alexander has placed an importance on education in his humanitarian efforts. Mr. Alexander gives to youth programs and is active in helping schools in his community. Additionally, Alexander supports the Jada Foundation, which is a rehabilitation program that uses educational tools and other forms of support to help break the cycle of alcoholism and drug addiction.
Moishe Alexander brings his commitment to generosity to his company, the Canadian Funding Corporation, as well. The Canadian Funding Corporation and Mr. Alexander continually give in tandem to Toronto-based nonprofit organizations. The financial and mortgages firm focuses on helping needy families in the area. In its business efforts, the Canadian Funding Corporation seeks to provide assistance in the form of loans. As President, Alexander’s greatest skill is being able to connect the right people and getting business done in an effective, timely, and profitable manner for all parties involved. Alexander enjoys looking at the big picture when assessing a client and helps each client in a unique and individualized manner. Additionally, Alexander supports his clients throughout the entire funding process, a reflection of his support for the community at large.
Canadian Funding Corporation uses Millbrook Place in Mississauga, Ontario as example of a powerful CMHC housing initiative to wit: Millbrook Place is the result of an innovative corporate sponsorship initiative by Martinway Contracting, which has been in business since 1980.With support from local governments, Millbrook Place provides affordable housing for seniors, for formerly homeless or very low-income single people.
Canadian Funding Corp. identifies the Region of Peel, west of Toronto, as being part of the Greater Toronto Area.The Region includes the City of Brampton and the City of Mississauga and the Town of Caledon; the population of the Region is 1,159,405.
Canadian Funding Corporation elaborates: Millbrook Place opened in 2003.The 10-storey building, which has a total of 163 units, offers affordable housing for seniors and for formerly homeless or very low-income single people.There are 35 two-bedroom units and 85 one-bedroom units for seniors and 43 bachelor efficiency, rent geared-to-income units for formerly homeless and very low-income singles. Rent for a two-bedroom unit is $950 and for a one-bedroom unit, $825—below market rates for the Region of Peel. The efficiency units are 25 m2 (275 sq. ft.); the two-bedroom units, 86 m2 (925 sq. ft.).
Each tenant group has its own entrance, lounge and laundry area.Amenities include outdoor walking and seating areas, a multi-purpose room, laundry room, lobby and lounge, and underground parking. Martinway Contracting sold the property to the Region of Peel at a 40 per cent discount.The Region owns and manages the building.
To cut construction costs and improve the affordability of the project, Martinway Contracting sought contributions from construction suppliers and the building trades. Even though Millbrook Place is an affordable housing project, it features quality construction and materials typical of higher-end market housing.As well, kitchens were stocked with non-perishable foods and four-piece dinner settings were included in the bachelor efficiency units.
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