Manitoba's largest provider of

Real Estate
Financing 
Solutions

We have been doing this every hour of every day for over sixty years

Market Knowledge

• Strong Technical Expertise

• Lending Relationships

• Advocacy

Let our team
guide you to a
superior outcome

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Richard Brownscombe
President & CEO

Richard joined Montrose in 1991 after spending over 10 years in real estate including direct lending at a major Canadian Chartered Bank and property management and development in Winnipeg. Richard serves on the board of the Investment Committee of the Civil Service Superannuation Board, the pension plan for Manitoba civil servants. 


rbrownscombe@montrosewinnipeg.com
204-982-1116

Frank Azevedo
Senior Vice President

Frank Azevedo joined Montrose in 1998 immediately following his graduation from the University of Manitoba's Asper School of Business where he majored in Finance. As Senior Vice President, he is responsible for the development of new business opportunities.  Working closely with all stakeholders, Frank has an eighteen-year track record in developing customized financing solutions in all asset classes.

fazevedo@montrosewinnipeg.com
204-982-1132

Mark Davies
Managing Director

Mark Davies joined Montrose in 2006 immediately following completion of the B. Comm (Hons) program at the University of Manitoba majoring in Finance.  As the Managing Director, Mark is directly responsible for Montrose Winnipeg corporate oversight, policies and procedures, technology, and loan origination/underwriting.  Mark’s responsibilities also include the management of the existing $1 billion Montrose Winnipeg portfolio.  In his spare time, Mark is an active private pilot.

mdavies@montrosewinnipeg.com
204-982-1117

Brad German
Vice President

Brad joined Montrose Winnipeg in 2006 following his graduation from the University of Manitoba's Asper School of Business, where he majored in Finance. Brad's responsibilities include the origination and structuring of new mortgage lending opportunities and the ongoing management and growth of the Montrose Winnipeg mortgage portfolio.  Active across all asset classes, Brad works closely with Private and Institutional Borrowers to create customized financing solutions. Brad enjoys great relationships with Montrose's lender partners, fund managers and CMHC, which ensures expert placement and closing of all senior and subordinated transactions. Brad also serves on the Board of Directors of both the Rossmere Country Club and the Winnipeg Housing Rehabilitation Corporation (WHRC), whose mission is to provide quality, affordable and safe housing to those with low or modest income.

bgerman@montrosewinnipeg.com
204-982-1134

Blair Macaulay
Analyst

Blair joined Montrose Winnipeg in 2015 following completion of the B. Comm (Hons) program at the University of Manitoba majoring in Finance and Marketing.  Blair’s responsibilities include assisting with the underwriting of mortgage opportunities in all asset classes as well as completing property reviews on existing mortgage investments.  Prior to Montrose Winnipeg, Blair played professional hockey for the Tulsa Oilers of the CHL and was voted the University of Manitoba Male Athlete of the Year.


bmacaulay@montrosewinnipeg.com
204-982-1137

Richard Brownscombe
President & CEO
Frank Azevedo
Senior Vice President
Mark Davies
Managing Director
Brad German
Vice President
Blair Macaulay
Analyst

OUR EXPERIENCE

Montrose Winnipeg is a full service mortgage banking company that has been in operation for over 50 years with annual funding in excess of $300 million.

RECENT PROJECTS

  • Grand Lyon Terrace   |   $20,100,000  
    CMHC Insured Construction & Permanent Financing
    Details

    $20,100,000 CMHC insured construction and permanent financing on a 130-unit multi-family project in southwest Winnipeg. 

    Montrose Winnipeg arranged all aspects of the financing, including securing the CMHC Certificate of Insurance on a project that had more aggressive underwriting criteria (rental rates and resulting valuation) than typically witnessed in the Winnipeg marketplace.

    1/
  • River Ridge Retirement Residence   |   $25,700,000  
    Financing on a 173 unit retirement residence...
    Details

    $25,700,000 financing on a 173 unit retirement residence in north Winnipeg.  Montrose Winnipeg assisted this established operator by achieving aggressive permanent loan terms on a newly built project.

    2/
  • Kensington Building   |   $4,500,000  
    Secured loan for property in transition...
    Details

    $4,500,000 interim financing on a 92,000 SF Class B office building in downtown Winnipeg.  Montrose Winnipeg assisted the developer by securing a loan on the asset which was in a state of transition following a vacancy by a major tenant.

    3/
  • Tuxedo Pointe Development   |    
    Construction and condominium financing
    Details

    Construction and Condominium Financing on a 340-unit multi-family development in southwest Winnipeg.  Montrose Winnipeg assisted the developer by securing various loan facilities on this staged development.

    4/

Montrose Winnipeg Inc.

Suite 680 - 201 Portage Avenue
Winnipeg, MB R3B 3K6
Canada

(204) 982-1117
info@montrosewinnipeg.com