Utilizing Overseas Lending/Investing

[Matt Calnan]

Hi everyone!

We are currently raising capital for a Canadian project and wanted to see if there was any insight or support that could be provided.

Our project is based on Kitimat, British Columbia. We currently own 80 doors with another 119 doors set to close in the coming months. We are also under contract for a further 263 doors in Kitimat, bringing our total holdings to 462 total doors. Kitimat is located in Northern BC as is home of a new Liquid Natural Gas (LNG) plant which will be operational in 2025. This plant has been under construction for 8 years. The total infrastructure project was a $50 Billion investment, all from private companies. The new LNG plant has driven significant economic impact in the area, creating a very favourable investment environment.

We have secured funding for $45 Million of the $60 Million project (mortgage) and have another large amount of capital raised for the equity portion. However, some of those equity partners would be willing to be taken out as they were the former owners of the properties.

I wanted to see if anyone had any insight into how we can go about raising the balance of the required funds. I have started looking at overseas investors as well, but don’t have much experience in this area. 

Looking forward to discussing further.

Thank you,

Matt Calnan