Borrowing

Subdivisions
   

 
$670,000
First mortgage for the
development of three
country residential lots
west of

Edmonton, AB
$6,150,000
First mortgage financing
over a single family
subdivision with a 3 year
term in

Whistler, BC
 
$1,500,000
First mortgage financing
to complete the servicing
of 30 ocean view lots in the
East Sooke area of

Vancouver Island, BC
$4,000,000
First mortgage over 18
single family inventory
lots in a 51 lot subdivision
located in

Surrey, BC

 
$500,000
Assignment of a second
mortgage over two lots
to be subdivided on the
east coast of Vancouver
Island, just south of

Nanaimo, BC
$4,000,000
First mortgage on 160 acres of land; Loan used to service 43 single family lots in first phase of subdivision in

Sexsmith, AB