About Us
The Abacus Difference
Abacus North empowers clients by providing flexible financing options and facilitating the realization of diverse projects. Through successful syndication efforts, we've effectively orchestrated financing solutions by leveraging our extensive network and industry knowledge. With a track record of financing numerous projects, our largest loan to date stands at $400,000,000.
Real Estate Development
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Single family development
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Multi-family development
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Multi-unit residential
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Mixed-use
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Senior housing
Commercial Real Estate
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Industrial
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Commercial
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Office
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Retail
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Hospitality
Land and Property Aquisition
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Land acquisition
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Agricultural
Specialized Real Estate
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Medical Marijuana
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Special Use
Innovative Financing
Strategy Based Financing
With a focus on creative financing options, our experienced team excels in securing the necessary funds for a wide range of commercial real estate ventures.
Our commitment to fostering long-term relationships and delivering outstanding results sets us apart as a premier commercial real estate mortgage broker.
Partner with Abacus North for innovative mortgage banking solutions that drive the success of your projects.
Highline
6505 Sussex Avenue, Burnaby BC
Highline is a high-density mixed use development located in the highly desirable neighborhood of Metrotown – Metropolis Centre of Burnaby. The property is a 45 storey mixed use building with retail and office use on the ground and podium levels, and a 14 storey non-market housing building. Abacus North assisted with the land acquisition and construction financing. Approximate project costs are $220 Million with a market value of $275 Million.
District North West
University Drive, Surrey BC
A mixed-use development project located in the southern edge of the Bailey Neighborhood area in the City of Surrey. The project consists of 2 high rise towers including a 39 storey North Tower with 407 condo units and a 45-storey South Tower with 509 condo units. The South Tower has a 10-storey podium with 104 rental units and a 12-storey podium offering residential condo with a daycare centre on ground level. Abacus North assisted with the land acquisition and construction financing. Approximate project costs are $350 million with a market value of $600 million.
Loma
901 Lougheed Highway, Coquitlam, BC
A 25-storey, mixed-use development consisting of 125 residential condo units, 52 market rent apartments, six non-market apartments, three commercial units and 282 stalls of underground parking. Market rental apartments will be held and managed by the Borrower. Non-market rental apartments will be gifted to the City of Coquitlam. The site currently encompasses a single legal lot that is improved with two commercial buildings and a paved parking lot. Abacus North assisted with the land acquisition costs of approximately $10 Million and the construction loan of $77 Million.
Lumina
2425 Beta Avenue, Burnaby BC
A master planned multi-family residential community located in the highly desirable neighborhood of Brentwood in the City of Burnaby. The project consists of 3 high rise towers with grade level townhouse units. The entire project contains 829 strata residential units. Abacus North assisted in providing capital to successfully complete the acquisition of the property and provide working capital during the re-zoning process. Total projects costs are approximately $300 Million with a project market value of $500 Million.
Chronicle
5660 177 B Street, Surrey BC
Chronicle is a designated heritage condo development comprising of 48 units located in Cloverdale, Surrey, BC. Abacus North arranged mortgage and construction financing of the development site. Total project costs are approximate $21 million with a market value of $24 million.
Sequioa