A Mortgage Planners commercial broker is your direct link between financing a CHSLD and the lending financial institution. Thanks to our professional experience and our overall knowledge of the commercial mortgage market, we are familiar with the various services offered by financial institutions and are about the services that are best suited to your needs, including the best available financing terms and conditions.
A residential and long-term care centre (CHSLD) may be publicly funded or privately funded. Publicly funded CHSLDs are funded by the government, while privately funded CHSLDs are entirely independent and autonomous. In both cases, the Ministry of Health must issue the appropriate permits.
With a CHSLD, given the complexity of the services that are offered, the real estate component represents only a small portion of the contribution margin compared to the overall operating profit. Therefore, the lender must consider the operational risks to generate the intrinsic value of the real estate componentSave time, energy and money and most importantly, optimize your financing by entrusting your property with a commercial mortgage broker.
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