Cameron Stephens Mortgage Capital Ltd.

A Tradition Unlike Any Other. The Masters Tournament is known for its prestigious history, beautiful course, and unique traditions, including the iconic green jacket awarded to the winner. The tournament is invitation-only and features a smaller, elite field compared to other major championships. In celebration of this iconic event, together with our co-sponsors, SafeBridge Private Wealth, Nacora International Insurance Brokers, and Chubb, we brought together a distinguished group of clients, colleagues, and friends for an immersive event experience to watch the world's finest compete for the coveted green jacket. We were delighted to host this event in our beautiful new headquarters at 320 Bay Street, in Toronto. Of course, at Cameron Stephens we always try to give back in meaningful ways. In keeping with this tradition, we ran a charity golf simulator competition, with the proceeds going to The Gateway – The Salvation Army Housing and Homeless Support. The Gateway is a 120-bed emergency shelter and drop-in for individuals experiencing homelessness and marginalization in Toronto https://thegateway.ca/. Special thanks to Mo & Co Event Coordination and the Cameron Stephens event team for the incredible event planning, as well as 705 Media for the awesome photography.

Deal of the Week 6: Cameron Stephens is excited to announce a $12,700,000 first mortgage term loan for a retirement home in Ottawa, ON. This 60-month term loan will refinance existing debt and facilitate equity repatriation for the borrower. The project is a six-story retirement home including one hundred units with premium amenities and finishes, catering to a diverse range of needs from independent living to memory care. The financing was expertly managed by Conor Soye, Senior Director Mortgage Origination, and Daniel Leitch, Vice President, Head of Syndication.  WHY IT MATTERS: • “Today, the seniors housing asset class finds itself on the doorstep of a favourable demographic-driven demand curve shift. Despite the growing demand, because of five years of declining development activity, the rate of supply growth has slowed to a cyclical low. The confluence of these trends will result in tightening market conditions and will continue to drive improving occupancy and outsized rent growth. We believe these factors will result in seniors housing outperforming traditional real estate sectors over the next decade.” Cushman and Wakefield, February 2024. • The senior living sector is showing signs of robust growth, with increasing occupancy rates fueled by demographic trends and rising demand. Cameron Stephens provides innovative financing solutions that can address the evolving needs of Canada’s aging population. • This transaction highlights Cameron Stephens' comfort to providing equity repatriation on stabilized assets. Broker # 10769 Conor Soye, Originator, Agent Level 2 Daniel Leitch, CFA, Syndicator, Agent Level 1 Riccky Dasgupta, FRM, CFA, Group Head, Agent Level 2

Wishing you a joyous Passover filled with the warmth of family, the sweetness of tradition, and the hope of renewal. Chag Sameach from all of us at Cameron Stephens, as you celebrate with your loved ones.

We’re proud to announce the zoning approvals for two projects that will add over 1,400 new units of much-needed housing in highly desirable areas of Toronto. To bring these projects to life, Cameron Stephens Equity Capital (CSEC) and Westdale Properties, have partnered with Originate Developments, a fast-rising developer with a deep pipeline. The Yonge & St. Clair development project has been zoned for a 50-storey high-rise residential tower located just 100 meters from St. Clair TTC Station, capitalizing on the expanding transit-oriented development trend in Toronto. The Jarvis & Earl development has zoning approval secured for an impressive 58-storey building, offering a range of housing options catering to various market segments. Learn more here: https://lnkd.in/g_pb3vVA Cameron Stephens Equity Capital prides itself on fostering strong relationships, offering flexible terms and striving for consistent returns. For more information about Cameron Stephens Equity Capital and its projects, visit CameronStephens.com or contact Sean Fleming, Executive Vice President & Managing Director, Cameron Stephens Equity Capital at sfleming@cameronstephens.com or (416) 591-8787 ext.252. Stephen Cameron

Cameron Stephens is proud to provide a $34,000,000 1st mortgage construction loan for an office-to-rental conversion project in St. Catharines, ON. This is a 10-storey office building conversion into a 183-unit rental apartment building. This project will revitalize an iconic downtown location and bring much-needed rental stock to this area. Office building conversion is an emerging asset class. Today, we are seeing increased office vacancies and the opportunity to acquire office buildings for reduced prices is making conversions to residential rental both feasible and attractive. Cameron Stephens took the time to understand the process, conducting multiple site walkthroughs to inspect the completed work with the client and the trusted cost consultant. Observing progress, immersing in the space, and listening to the client's challenges and solutions were invaluable parts of Cameron Stephens’ consultation process. This transaction is a culmination of hard work and commitment shown by CSMC’s Origination, Underwriting and Syndication teams, and our Broker partner, Abishak Sharma. Congrats to MacKenzie McGuire, Director, Mortgage Origination for leading the origination efforts. Shoutouts to Jonathan Fulcher, CPA, CA and Marko Sijakovic, CFA for their tireless effort on underwriting and syndication.  WHY IT MATTERS: • Office conversions are at the forefront of housing supply solutions. Cameron Stephens is positioned as experts in understanding and financing these opportunities. • Cameron Stephens will be securing a CMHC take-out mortgage for our client under the MLI Select program, making us a one-stop lender who can provide solutions to take clients through the entire lifecycle of their projects. Riccky Dasgupta, FRM, CFA

We were delighted to unveil The Towns of Lambton Mills, our inaugural CSEC project in conjunction with TFC Developments, yesterday at an exclusive Broker Event at the Lambton Golf and Country Club. Thank you to our partners at TFC Developments and McOuat Partnership for organizing this wonderful event, and to all those in attendance for your interest and enthusiasm for this exciting project. The Towns of Lambton Mills is a unique enclave of homes set upon a private cul-de-sac, sheltered from the city by its unique design and scenic trees, with proximity to shopping centres and malls, restaurants, schools, and TTC. Situated in Upper Bloor West Village, the development comprises two blocks of luxury freehold back-to-back townhomes totalling 58 units, each with underground parking. The townhomes average 1,800 square feet, 3 bedrooms / 2.5 baths and each includes a private terrace. Pricing starts at a very compelling $1.195 million. For more information visit LambtonMills.ca. Katie Bonar, CFA Sean Fleming Jacques Lavoie Peter Housley Stephen Cameron Lianne McOuat

This development is a 17-storey purpose-built rental apartment building, comprised of 246 residential units and 4,865 SF of commercial space at grade. The property is situated in the northwesterly sector of London, Ontario. The site is a 9-minute drive from Western University and an 18-minute drive to Highway 401 & 402. This is our client’s third phase of this development and Cameron Stephens is pleased to provide a 30-month, $82,000,000, 1st Mortgage Construction Loan. The Borrower is a highly successful regional developer whose principals have combined real estate development experience of over 100 years. They have developed over 30 commercial and residential projects throughout Ontario comprising over 1,000,000 SF. Congrats Andrei Gropper, MBA, Vice President, Mortgage Origination for leading the origination efforts. Big shoutout to lead analyst Matin Babaei, and lead underwriter and funder Jisung Kim who collaborated with the Borrower and worked countless hours to meet a tight client deadline.  WHY IT MATTERS: • Cameron Stephens has made Construction, Bridge, and Term Loans for Residential Rental Apartments a strategic growth initiative. • This was a tailored solution to meet the client’s unique request for a higher leveraged loan. • Based on the Borrower’s character and reputation, Cameron Stephens was able to bridge the client’s financing needs through one of the Cameron Stephens funds, so that construction could continue while the construction loan was being completed. • This is another example of how Cameron Stephens can stay nimble and work hand in hand with the client to achieve their goals.

We are thrilled to introduce Olivia Healy, the newest addition to the Cameron Stephens team. Olivia brings her expertise to assist in event management, marketing, and administrative tasks within our office. A recent graduate of York University with an Honours Bachelor of Arts degree, Olivia is currently embarking on a 2-year legal program to pursue her career aspirations. Please join us in extending a warm welcome to Olivia as she begins her journey with Cameron Stephens. To find out more about our incredible team members visit https://lnkd.in/ga9NXpTU.

CSMC is proud to work with Mackenzie Myles (Lorne Capital), to commit on a 90-unit condo project in Napanee, Ontario. The condo project is on the former site of Gibbard Factory, which was Canada’s oldest furniture factory of 173 years until they closed their doors in 2009. Our client will preserve the Gibbard Furniture Factory legacy by transforming the property into a beautiful waterfront community. The condo project will merge modern contemporary amenities with small-town charm. CSMC committed and funded the land and predevelopment loan while it sourced institutional capital to provide construction financing for the project. Ultimately, CSMC successfully attracted institutional investment by bolstering the transaction's creditworthiness through a substantial infusion of mezzanine capital. The successful execution of this transaction owes a great deal to the leadership and syndication expertise of Daniel Leitch, our Vice President, and Head of Syndication. Daniel adeptly showcased the Borrower’s commitment and capability towards the project. Cameron Stephen’s private capital and institutional capital have a stronger understanding of a previously untapped submarket, positioning us for greater success in future. We are delighted to collaborate with our client and Lorne Capital, and we eagerly anticipate working on the next phase of this project together.   WHY IT MATTERS: • Napanee is a vibrant, historic town, with a population of 17,000, making it a great place to live, work and play. Cameron Stephens is committed to building local communities and supporting family businesses. • Cameron Stephens was able to finance a condo project in a tertiary market, and thereby deliver a creative and effective solution for the borrower. Daniel Leitch, CFA Riccky Dasgupta, FRM, CFA

We’re excited for tomorrow’s Vancouver Real Estate Forum, the leading commercial real estate event offering a full view of the city's office, retail, industrial, and multi-residential market activity. We can’t wait to network with over 1400 senior leaders, building owners, developers, and investors, and dive deeper into optimizing CRE fundamentals to leverage market opportunities. Be sure to say hello to the Cameron Stephens Western Canada team members in attendance. More info on the event can be found at: https://lnkd.in/dcHECwES. Brad Wise Andrei Gropper, MBA Daniel Stewart, RI Jonathan Fulcher, CPA, CA Jonah Muzyka Conor Soye Marko Sijakovic, CFA Daniel Leitch, CFA Peter Housley Riccky Dasgupta, FRM, CFA Michael Sheehan, CPA, CA