Providing Tailored
Financing Solutions
Since 1965

Maximize the potential of your commercial real estate.

Montrose delivers superior outcomes.

Headquartered in Winnipeg, Manitoba, Montrose has been providing our clients with financial and advisory services since 1965.

When it comes to financing your real estate, Montrose understands that good enough simply isn’t. We take the time to understand both our clients’ objectives, and the characteristics of the real estate to ensure we connect your property with the perfect financial solution.

Financial markets are constantly changing. It’s our job to align you with the right capital structuring at the right time.

Build every advantage into your project.

Product Coverage

Montrose has your mortgage options covered. We provide tailored mortgage structuring to ensure key components such as term length, loan amortization, limited recourse, forward rate fix, and a seamless transition between loan types are matched with your objectives.

We specialize in all types of mortgage structures including:

construction
redevelopment
fixed term
bridge
private capital
land development
acquisition/assumption
subordinated
CMHC insured
conventional

We also cover all types of real asset classes, including:

multi-family rental
multi-family condominium
office
retail
industrial
seniors care
mixed-use
hospitality

 

Market Immersed

We are in constant contact with the Canadian capital market, and are able to relay current market conditions and emerging trends to our clients, as well as leverage competitive advantages through our extensive lender networks and comprehensive underwriting packages.

Passionate Advocacy

Our team is committed to achieving the best possible outcomes for every aspect of your real estate financing needs. Unlike many other mortgage brokers, Montrose remains committed to facilitating superior outcomes even after funding has occurred. Our underwriting packages are regarded as best in-class across the lender market. Our comprehensive presentation enables us to secure financing terms that regularly provide our clients with extraordinary outcomes.

Development Consulting

We take the time to understand how your real estate asset can reach its maximum potential. Our experienced team is ready to sit down with you to go through your project in detail. From planning stage to funding – and beyond, Montrose is with you to provide guidance and expertise every step of the way.

CMHC Approved Lender

Montrose has been a CMHC approved lender since 1970. Approved lender status ensures that we are always up to date with the latest CMHC products & policies and authorizes us to procure certificates of insurance directly. Our longstanding relationship with CMHC has fostered a collaborative partnership that allows us to advise our clients about optimizing a project’s potential.

Homegrown Expertise

Montrose was founded, and is headquartered in Winnipeg and has established deep roots in the community.

Serviced Continuity

We provide a full service loan administration platform, which enables us to offer our clients ongoing assistance and consultation throughout the loan term. We take care of the administrative aspects so you can focus on the things that matter to you. This includes, completing property and financial reviews annually, property site inspections, property insurance coverage, property tax payments, renewals, assumptions, discharges, and escrow management.

Build your fortune on a foundation of strength

With decades of experience and an uncommon drive, you can trust our team will create an experience you love and the results you need.

President & Chief Executive Officer

Richard
Brownscombe

(204) 982-1116

Read more >

Senior Vice President

Frank
Azevedo

(204) 982-1132

Read more >

Read more >

Senior Analyst

Nathaniel
Voth

(204) 982-1135

Read more >

Read more >

Underwriter

Kyle
Schroeder

(204) 982-1137

Read more >

Featured Properties

1918 St. Mary’s Road

Winnipeg, MB

  • 8-Storey 164-unit high-end luxury apartment
  • $41,500,000 1st mortgage

Financing Highlights:

  • Conventional land acquisition
  • CMHC MLI Select insured construction & takeout

Featured Properties

FedEx Ground Package Facility

Eastern Canada

  • New construction built-to-suit
  • +100,000 SF NLA distribution/office

Financing Highlights:

  • Conventional construction & takeout
  • +20-year fixed term, +20-year amortization
  • Interest rate forward fixed during construction

Featured Properties

Fairfield Apartments

Winnipeg, MB

  • 4-Storey 68-Unit Apartment
  • Completed in 2023

Financing Highlights:

  • CMHC insured construction & fixed term takeout
  • Interest rate forward fixed

Featured Properties

606 Stradbrook Avenue

Winnipeg, MB

  • 4-Storey 32-Unit Apartment
  • CMHC Insured Construction and Takeout Financing

    Featured Properties

    5610 Roblin Boulevard

    Winnipeg, MB

    • 4-Storey 60-Unit Apartment
    • Completed in 2023

    Financing Highlights:

    • Construction financing completed with CMHC MLI Flex insurance. Fixed term takeout financing completed with CMHC MLI Select.

    Featured Properties

    Conrad House

    Winnipeg, MB

    • 4-Storey 36-Unit Apartment

    Financing Highlights:

    • Conventional loan advanced in tranches

    Featured Properties

    The Halo

    Winnipeg, MB

    • 15/16-Storey 405-Unit Apartment
    • +9,700 SF of ground floor commercial space
    • 158-unit phase one was completed in 2023
    • 247-unit phase two is currently under construction

    Financing Highlights:

    • CMHC insured construction & takeout
    • Multi-phased construction, separate mortgage facilities

    Featured Properties

    Shaftesbury Park

    Winnipeg, MB

    • 188 Suite Retirement Residence

    Financing Highlights:

    • Conventional Term Financing

    Featured Properties

    United Rentals

    Rosser, MB

    • New construction built to suit
    • +28,000 SF NLA office & distribution facility

    Financing Highlights:

    • Conventional construction & takeout
    • Forward interest rate fix prior to construction via escrow funding
    • 7-year loan term

    Featured Properties

    Madison Square

    Winnipeg, MB

    • Acquisition & refinance facility
    • +110,000 SF NLA retail & office

    Financing Highlights:

    • Conventional takeout
    • Extended amortization +20-year amortization
    • 12-month interest only period followed by a 5-year fixed term
    • Fixed term interest rate fixed at the outset
    • Limited recourse

    Our Story

    Montrose has been in operation for more than 50 years, and has been a CMHC Approved Lender since 1970.

    Montrose was established nearly 60 years ago in Winnipeg, Manitoba. At its inception Montrose provided loan servicing, administrative, and origination functions. In 1970 Montrose obtained CMHC Approved Lender status and established several regional origination offices across Canada – the first of these being Montrose Winnipeg.

    For more than 50 years Montrose Winnipeg has delivered commercial real estate and finance expertise to our market, and take a great deal of pride in the reputation we have fostered throughout our history.

    Today, Montrose administers over $2 billion in loans on behalf of Canadian life insurance companies, Canadian and foreign banks, Credit Unions, trusts, CMBS issuers, pension funds, and private investors, located across Canada and the United States. Our company combines an unwavering commitment to service excellence and value-added mortgage expertise with continual research, development and implementation of leading edge technologies, best industry practices, and local/national intelligence to ensure that each and every loan is structured to provide exceptional outcomes.

    Montrose Winnipeg Inc.
    Suite 680 – 204 Portage Avenue
    Winnipeg, MB R3B 3K6
    Canada