Peakhill Capital Secures $350 Million Credit Facility for Canadian Lending Expansion
Peakhill Capital Inc., a leading Canadian commercial lender, has closed a $350 million credit facility for its flagship investment product, the Peakhill Income Opportunity LP. The deal was arranged by a syndicate of three major banks: BMO, TD, and National Bank of Canada.
The new facility will enable the LP to expand its capacity to deploy capital, allowing it to grow its portfolio by more than $1.2 billion across Canada. Peakhill Capital's flagship product focuses on multifamily bridge-to-CMHC lending and CMHC-insured construction loans, supporting the development and stabilization of national housing supply.
The LP's current portfolio comprises over 230 mortgage investments across Canada, with a total servicing portfolio exceeding $17 billion. With this new facility, Peakhill Capital aims to diversify its lending relationships while maintaining its focus on well-structured insured and conventional real estate credit opportunities.