Two long-established names in the Canadian mortgage industry have announced a merger.
CMLS, one of Canada’s largest independent mortgage lenders is to join forces with commercial mortgage financing specialists IC Funding. It will add origination capacity to CMLS and adds expertise in student and seniors housing.
“CMLS Financial has a 40 + year history of providing commercial lending services to real estate investors throughout Canada”, says David Franklin, President. “We have known the principals of IC Funding for many years and discussed the benefits of IC Funding joining our group - we share common history for client forward solutions and advice. We are excited to add London, Ontario as our eighth CMLS Financial office.”
IC Funding principal Sandy Harrington added that it’s a great time for the team to join the national funding program of CMLS Financial.
“It offers additional CMLS lending options for our current and future clients and our team a bigger and broader future with the resources of CMLS. We are excited to build on our client base and market reputation as trusted advisors for our clients,” he said.
IC Funding announces merger with CMLS Financial https://t.co/gAlNKTKBBi@CMLSfinancial Excited to be a part of the team!
— IC Funding (@icfunding) March 29, 2019
