Will purchased May 2023 for $2,250,000 with an 80% Bridge.
Subscription Filled
Plan to Refinance with CMHC in Summer 2024 for $2,800,000
Approximately $800,000 is required. Planning to repatriate approx. $550,000 at refinance.
Substantial Value increase in a short time frame by upgrading and raising rents accordingly.
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Purchased November 2021 for $1,462,000 with an 85% Bridge.
Appraised 8 months later for $2,160,000
$550,000 invested. Repatriated $490,000 at Refinance.
Substantial Value increase in a short time frame by upgrading and raising rents accordingly. Very Successful BRRRR.
Long term hold – Very Strong Alberta Rental Market in 2023 and Beyond. Anticipate value $2,500,000 or higher by 2025.
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Purchased December 2017 for $3,024,000 with a $2,740,000 VTB (90% for 3 years)
Altyn Equities invested $200,000 and co-managed the venture
Property was refinanced in September 2018 for $5,380,000, 8 months later!
Approximately $1,000,000 invested for a value lift of over $2,350,000.
Substantial Value increase in a short time frame by upgrading and raising rents accordingly.
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Purchased August 2018 $1,750,000 with a 75% loan @4.5% for 5 years
Appraised for $2,175,000, 8 months later!
Approximately $150,000 in upgrades to obtain $425,000 in Value!
Cash required $610,00
Substantial Value increase a very short time due to strong rental market and smart upgrades.
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Purchased October 2017 $1,470,000 with a 65% loan @3.25% for 5 years
Cash invested $630,000
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Purchased October 2016 $1,200,000 with a 75% loan @3% for 5 years
Cash invested $420,000
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Purchased March 2016 for $2,710,000 with 75% loan at 3.4% for 5 years
Cash invested $840,000
8 investors to share in the profit share and equity
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Purchased December 2014 $2,900,000 with 75% loan at 3.55% for 3 years
Appraised for $3,050,000 (October 2014 appraisal)
Current Value (July 2016) $3,700,000
Cash invested $900,000
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Purchased September 2012 for $1,395,000 with 75% loan at 3.46% for 5 years
Cash Invested $450,000
Sold May 2017 for $1,792,500
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(11 suites)
Purchased May 2010 for $1,018,000 with with 75% loan at 5.12% for 5 years
Cash invested – $375,000
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Purchased Feb 2008 for $350,000
Cash invested $92,000
Value increase over 62% in 3 years
VIEW PROJECTOver our 10 year relationship, Cory has continually impressed me with his methodical and professional approach to acquiring multi-family real estate.
After investigating several investment opportunities with Cory over the years, it is evident that he has a very strong understanding of the multifamily asset class. Cory can clearly see where and how to add value to any given asset and has solid number first approach to any potential acquisition.
I have been working with Cory for over 7 years. In all of my dealing with Cory he has been diligent, professional, and cordial. He has purchased several multifamily properties in the last 7 years and seems to have a real understanding of both the art and the science of owning and operating multifamily properties.
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