VanPlex Plexperts · BC Multiplex Money
Dominion Lending Centres Commercial Capital
Featured on VanPlex Plexperts — the curated directory of BC multiplex money.
Commercial + CMHC Mortgage Brokerage, Dominion Lending Centres Commercial Capital Inc.
Commercial mortgage brokerage that places CMHC-insured and MLI Select financing.
North Vancouver brokerage in the Dominion Lending Centres network. The firm arranges first mortgages, construction loans, and CMHC MLI Select financing on apartment and purpose-built rental projects, and funds across Canada.
2005
Year founded
11–50
Team size (LinkedIn)
5+ units
CMHC MLI Select threshold
Canada-wide
Lending coverage
Meet Dominion Lending Centres Commercial Capital
Dominion Lending Centres Commercial Capital Inc. is a commercial mortgage brokerage based at 1885 Marine Drive in North Vancouver. The company was founded in 2005 and operates inside the Dominion Lending Centres network. David Beckingham is its President.
The firm arranges commercial financing across Canada, not just in BC. Its work covers CMHC-insured mortgages, conventional and CMHC-insured construction loans, secondary and mezzanine financing, and standard first mortgages on apartment buildings, shopping centres, office buildings, and industrial property.
For multiplex and purpose-built rental owners, the relevant program is CMHC MLI Select. It applies to rental projects with five or more units that hit targets on affordability, energy efficiency, or accessibility, and it can be used on new construction as well as purchases and refinances. The firm states it can fund up to 100% of project costs in some cases by combining lender financing with its own in-house mezzanine and secondary funds.
Recent closed deals listed by the firm include financing for two four-storey, 47-unit apartment buildings in Courtenay under a CMHC affordable housing program, a 34-unit apartment in Esquimalt, and a 31-unit CMHC first mortgage in Victoria. The firm reports more than 18 years structuring commercial transactions and works with chartered banks, life insurance companies, pension funds, and mortgage funds.
Credentials
Why work with DLC Commercial
01
CMHC MLI Select is their stated specialty
The firm works directly with CMHC and places MLI Select financing on purpose-built rental projects of five or more units. For a multiplex built as rental, that program can lower the cost of borrowing versus conventional commercial debt.
02
Construction and in-house mezzanine financing
They arrange both conventional and CMHC-insured construction loans, and they hold in-house funds for mezzanine and secondary financing. The firm says that in some cases this lets a project be financed up to 100% of cost.
03
Lender access beyond a single bank
The firm sources financing from chartered banks, life insurance companies, pension funds, mortgage funds, and government entities, which matters on multifamily and construction deals where one lender alone may not fit the structure.
RECENT PROJECTS
Closed multifamily financings
Deals the firm lists publicly. Dollar amounts were not published for these.
Two 47-unit rental apartment buildings
Courtenay, BC
Financing for two four-storey apartment buildings under a CMHC affordable housing program.
34-unit residential apartment building
Esquimalt, BC
First mortgage financing on a 34-unit residential apartment building.
31-unit apartment building
Victoria, BC
CMHC first mortgage financing on a 31-unit apartment building.
Frequently asked questions
Does DLC Commercial handle CMHC MLI Select for a multiplex?
Can they finance the construction of a rental building, not just the purchase?
Do they only work in the Vancouver area?
Call 604-960-9600 or email [email protected] to discuss CMHC MLI Select or construction financing for a rental project.
Reach out directly — no VanPlex middle layer.
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