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$6M Commercial Construction Financing for Pre-Leased Strip Mall in Vancouver

Updated: 5 days ago

Pre-leased strip mall under construction in Vancouver, funded with $6 million commercial development financing

Client: Seasoned Commercial Developer Construction of a multi-tenant strip mall with pre-lease commitments 

Property Value: Approx. $12 million (projected upon completion) 

Loan Amount: $6 million


The clients were experienced commercial developers in Vancouver, launching a new strip mall project featuring multiple retail and office units. Although they had secured signed pre-leases from reputable tenants—including a national coffee chain and a family medical clinic—traditional banks hesitated due to the multi-tenant structure and construction-stage risk.

The developers required a large, short-term commercial construction loan to complete the build and satisfy early contractor agreements. Timing was crucial: delays would have jeopardized both tenant commitments and trade schedules, with potential financial penalties and reputational impact.


Syndicate Lending Corporation arranged construction financing through a credit union lender experienced in structured commercial development loans. The lender evaluated the project based on signed lease agreements, a detailed construction budget, and the developers’ strong track record. The deal was structured as a single-draw loan at a competitive rate tied to Prime, with flexibility for early repayment upon lease-up or sale.


Despite the complexity of the lease agreements and local permitting hurdles, regular communication with contractors, legal teams, and the lender ensured alignment and momentum. The developers were responsive and highly organized, which helped accelerate the approval process and disbursement timeline.


With extensive experience in alternative commercial financing and access to lenders beyond traditional banks, Syndicate Lending Corporation delivered an efficient and strategic Vancouver development financing solution.


Contact us to explore how we can help finance your next development project.

Fill out our application form or reach out to us directly, and one of our expert mortgage brokers will work with you to create a financing plan designed to achieve your goals.


Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.


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