• Financing

    VSM Capital has established strong relationships with all Canadian major banks, credit unions, trust companies, pension funds and insurance companies that allows them to arrange financing for your project or investment. In addition, VSM Capital has long standing relationships with all major private mortgage funds across Canada and several private investors ready to provide the capital needed for projects that fall outside of traditional lending guidelines. Although we are able to find unique solutions for most complex transactions, commercial loans fall into one of the following 5 categories:


    Construction and Land Development Financing

    Purpose: VSM Capital can arrange construction financing to assist developers with financing the construction of residential, retail, office, industrial, hotel, self-storage and land development projects.
    Loan To Cost: Up to 80% – 85% of cost.
    Loan To Value: Up to 65% – 75% of value.
    Term: Up to 3 years.
    Amortization: Typically Interest-Only loans can be obtained.
    Security: 1st and 2nd mortgages available.



    Land Acquisition Financing

    Purpose: VSM Capital can arrange land acquisition financing for developers who are acquiring land for near-term development. Typically these loans are used to finance the rezoning process which happens after acquisition, or alternatively to obtain building permits and pre-sales in order to meet the requirements of construction loans.
    Loan To Cost: Up to 65%.
    Loan To Value: Up to 65%.
    Term: Up to 24 months.
    Amortization: Typically Interest-Only loans can be obtained.
    Security: 1st mortgages available.



    Term Financing

    Purpose: VSM Capital can arrange term debt for the acquisition or refinance of residential apartment buildings, retail buildings, office buildings, industrial buildings, hotels and self-storage buildings.
    Loan To Cost: Not applicable.
    Loan To Value: Up to 85% of value.
    Term: Up to 10 years.
    Amortization: Up to 25 years.
    Security: 1st and 2nd mortgages available.



    Mezzanine Financing

    Purpose: VSM Capital can arrange mezzanine financing to assist owners and developers with the equity requirements of conventional mortgage financing. Mezzanine financing is a hybrid of debt and equity which is typically used in construction loans, for condo-inventory loans, as well as to assist with re-leasing or renovating a vacant building.
    Loan To Cost: Up to 80% – 90% of cost.
    Loan To Value: Up to 75% – 85% of value.
    Term: Up to 3 years.
    Amortization: Typically Interest-Only loans can be obtained.
    Security: 1st and 2nd mortgages available.



    Equity / Joint Venture Financing

    Purpose: VSM Capital is able to raise equity as well as arrange for financial joint venture partners for owners and developers of commercial real estate.
    Loan To Cost: Not applicable.
    Loan To Value: Not applicable.
    Term: Not applicable.
    Amortization: Typically a preferred return is charged, as well as a pre-determined percentage of the profits to be made.
    Security: Typically an assignment of the shares of the Borrower is required.


    VSM Capital adds value to its clients through the following channels:

    - We perform all the upfront preparatory work and hold preliminary discussions with lenders to find the right terms and conditions for a mortgage that provides the client the best possible deal that meets or exceeds their expectations, and always benefiting from our established relationships with financial institutions and private lenders;

    - We collect the required due diligence documents up front, and when necessary, provide assistance to clients who need to engage third party providers (appraisers, environmental and building conditional engineers, quantity surveyors, lawyers, etc.). Our approach allows our clients to get the best terms possible by providing the lenders required due diligence documents in advance and demonstrating to them our clients’ ability to meet the terms and conditions applicable to the lending terms being offered;

    - We create a detailed mortgage presentation to present to lenders that illustrates the mortgage request in a clear and concise format that is easily understood and allows the lender to make a well informed decision without much further analysis. Our presentation format has been commented on time after time by lenders as one of the best in the industry, and it ensures a timely response from lenders with terms you can rely on;

    - We analyze the offers received from the various lenders and clarify the terms of each offer and we negotiate the terms and conditions amongst all the lenders on the clients behalf;

    - Once a lender is chosen by the client, our team works closely with both you and the lender to ensure a seamless transition from underwriting through to the transfer of funds;

    - VSM Capital continues its relationship with you even after the transfer of funds and provides guidance to you in dealing with the lenders throughout the term of your mortgage with the ongoing mortgage requirements;


  • Funded Deals



  • About Us

    Incorporated in 2009, VSM Capital is a commercial mortgage brokerage firm engaged in arranging financing secured by all asset-classes of commercial real estate. As former commercial lenders, we strive to provide owners, developers and investors fast, efficient and creative solutions to meet their commercial mortgage needs. The team at VSM Capital has over 50 years of combined experience and has been involved in over $3.0 billion in commercial mortgage transactions either as a mortgage broker or mortgage lender. VSM Capital is fully licensed with the Financial Institution Commission of British Columbia, is a member of the Mortgage Investment Association of British Columbia and the Mortgage Brokers Association of British Columbia. Our team is experienced at arranging mortgages that meet your needs.

    The VSM Capital Team

    Derek DiMartile
    President

    Cell: (604) 671-2430

    Email

    Derek has been active in the Commercial Real Estate industry since 2001 working as a Commercial Mortgage Underwriter, Originator and Mortgage Broker. Prior to founding VSM Capital in 2009, he worked for two Investment Banks, two Private Mortgage Funds and has been involved in commercial real estate deals totaling in excess of $1.5 Billion to date in his career. Derek specializes in construction and land development financing, structured term debt financing and has a lengthy list of private investors ready to provide mezzanine financing for a wide variety of lending situations. Derek holds a Bachelor of Business Administration degree from Wilfrid Laurier University where he majored in Finance and Organizational Behaviour and minored in Economics. Derek has also taken numerous post-graduate courses in Commercial Real Estate and is a fully licensed mortgage broker with the Mortgage Brokers Association of British Columbia. Derek is also a member of the Mortgage Investment Association of British Columbia and is a licensed home builder with the Homeowners Protection Office of British Columbia.

    Aaron Chee
    Vice President

    Cell: (604) 518-1805

    Email

    Aaron Chee graduated from Simon Fraser University with a Bachelor of Business Administration degree in 2000, and went on to complete his Diploma of Urban Land Economics from the University of British Columbia in 2005. His involvement in the financing of commercial mortgages across Canada began in 2005, and has varied from projects across the spectrum including office, retail, industrial, multi-family and land development. Having previously worked for a leading private lender in Western Canada as a Senior Mortgage Officer, he has been involved in dozens of transactions totaling over $300 million in financing. Past experience include working at BC Assessment and with a leading British Columbia high-tech firm. Aaron is a member of the Mortgage Investment Association of British Columbia and a licensed mortgage broker with the Financial Institution Commission of British Colombia.

    Rick Maysenhoelder
    MBA, CMA

    Cell: (604) 763-3346

    Email

    Rick has over 25 years of experience in the finance and real estate industry. This experience includes management jobs in consumer finance, leasing, banking, and real estate lending and development. Rick holds an MBA from Queen University, and is a Certified Management Accountant. Rick also holds an Urban Land Economics Diploma and Site Planning Certificate from the University of British Columbia. With experience in financing over $1.5 billion in commercial real estate projects, he has been recognized by some of Canada’s leading banks and financial institutions as an expert in the mortgage lending business. His experience financing various types of real estate ventures across Canada brings a tremendous amount of knowledge and expertise in helping structure secure mortgage investment deals. Rick is the past Vice President of the Mortgage Investment Association of British Columbia and currently sits on the organizations speakers committee.

    Nick Bayley
    BA

    Cell: (604) 356-7337

    Email

    Nick joined the real estate industry and VSM Capital in 2015. He earned his Bachelor of Arts from the University of British Columbia and is currently working towards completing his Diploma of Urban Land Development. Prior to entering the real estate industry, Nick spent over three years working in Morocco and Turkey as a Landman for an international oil and gas company. Nick is a fully licensed mortgage broker with the Mortgage Brokerage Association of British Columbia and a member of NAIOP.

  • Career Opportunities


    Vancouver Structured Mortgage Inc. is looking for candidates to fill a new Mortgage Broker position in its Vancouver office to continue growing its team of elite professionals. The successful candidate will have experience in the brokerage field and lending field, and have completed a related degree in the field of Real Estate or Finance. In order to be successful in this role the candidate will be a strong team player, self-confident, an aggressive relationship builder and have a reputation for building trust and confidence with others. This position is commission based however the terms of the commission will be dependent on the successful candidates experience and network.


    Interested candidates that want to be part of a rapidly growing and highly successful company in the world of commercial mortgages should send their confidential resume to derek.dimartile@vsmcapital.com.

  • Our Location

    VSM Capital Inc.

    Suite 500, Park Place
    666 Burrard Street
    Vancouver, British Columbia
    V6C 3P6
    Telephone: (604) 569-1740
    Facsimile: (604) 569-1742

    Contact Form



  • Retail

    Retail & Development Land

    Term Loan - $7,000,000

    Mortgage Broker

    Colwood, BC

    Street Front Retail

    Retail Renovation - $250,000

    Mortgage Broker

    Burnaby, BC

    Retail

    Term Loan - $1,200,000

    Mortgage Broker

    Chilliwack, BC

    Anchored Shopping Centre

    Term Loan - $10,000,000

    Lender/Underwriter

    Surrey, BC

    Anchored Shopping Centre

    Term Loan - $11,250,000

    Lender/Underwriter

    Toronto, ON

    Anchored Shopping Centre

    Term Loan - $27,660,000

    Lender/Underwriter

    Kanata, ON

    Anchored Big Box Retail

    Term Loan - $31,250,000

    Lender/Underwriter

    Oakville, ON

    Anchored Big Box Retail

    Term Loan - $18,700,000

    Lender/Underwriter

    Whitby, ON

    Anchored Retail Strip Mall

    Term Loan - $4,900,000

    Lender/Underwriter

    Stouffville, ON

    Anchored Retail Strip Mall

    Term Loan - $600,000,000

    Lender/Underwriter

    Edmonton, AB

    Strata Retail

    Term Loan - $1,065,000

    Mortgage Broker

    Vancouver, BC

    Strata Retail

    Term Loan - $2,600,000

    Mortgage Broker

    Coquitlam, BC

    Retail

    Mortgage Broker

    Surrey, BC

    Retail

    Mortgage Broker

    Coquitlam, BC

    Retail/Office

    Mortgage Broker

    West Vancouver, BC

    Anchored Retail

    $44,000,000

    Lender/Underwriter

    Red Deer, AB

    Street Front Retail

    Term Loan

    Mortgage Broker

    Vancouver, BC

  • Office

    Office Building

    Term Loan - $600,000

    Mortgage Broker

    Parksville, BC

    Strata Offices

    Term Loan - $12,230,000

    Mortgage Broker

    Vancouver, BC

    Strata Offices

    Term Loan - $345,000

    Mortgage Broker

    North Vancouver, BC

    Office Building

    Term Loan - $22,200,000

    Lender/Underwriter

    Toronto, ON

    Office Building

    Term Loan - $19,950,000

    Lender/Underwriter

    Toronto, ON

    Office Building

    Term Loan - $27,950,000

    Lender/Underwriter

    Toronto, ON

    Office Building

    Term Loan - $8,500,000

    Lender/Underwriter

    Sherbrooke, QC

    Office Building

    Term Loan - $8,250,000

    Lender/Underwriter

    Toronto, ON

    Office Building

    Mezzanine Loan - $19,600,000

    Lender/Underwriter

    Port Coquitlam, BC

    Office Building

    Term Loan - $22,250,000

    Lender/Underwriter

    Port Coquitlam, BC

    Office Building

    Term Loan - $1,500,000

    Mortgage Broker

    Edmonton, AB

    Office Building

    Term Loan - $1,780,000

    Lender/Underwriter

    Laval, QC

    Office/Retail

    Mortgage Broker

    Burnaby, BC

    Office Building

    Mortgage Broker

    Calgary, AB

    Office Building

    $2,500,000

    Mortgage Broker

    Burnaby, BC

    Office Building

    $1,795,000

    Lender

    Calgary, AB

    Office Building

    Term Loan - $24,750,000

    Lender/Underwriter

    Calgary, AB

    Medical Office Building

    $4,000,000

    Lender/Underwriter

    North York, ON

  • Industrial

    Industrial & Office

    Term Loan - $3,400,000

    Mortgage Broker

    Mission, BC

    Multi-Tenant Industrial

    Term Loan - $2,435,000

    Mortgage Broker

    Malahat, BC

    Strata Industrial Unit

    Term Loan - $275,000

    Mortgage Broker

    Richmond, BC

    Refinancing

    Term Loan - $890,129

    Mortgage Broker

    Richmond, BC

    Industrial & Office

    Term Loan - $750,000

    Mortgage Broker

    Coquitlam, BC

    Industrial Business Park

    Term Loan - $34,475,000

    Lender/Underwriter

    GTA

    Industrial

    Term Loan - $2,500,000

    Mortgage Broker

    Mission, BC

    Industrial

    Term Loan - $2,000,000

    Mortgage Broker

    Vancouver, BC

    Industrial

    Term Loan - $1,800,000

    Mortgage Broker

    Surrey, BC

    Industrial

    $9,780,000

    Lender

    Red Deer County, AB

    Industrial

    Mortgage Broker

    Burnaby, BC

    Multi-Tenant Industrial

    $11,950,000

    Lender/Underwriter

    Calgary, AB

    Heavy Industrial

    Term Loan

    Lender/Underwriter

    Edmonton/Calgary, AB

  • Construction & Inventory

    Construction Loan

    Construction Loan - $16,500,000

    Mortgage Broker

    Port Coquitlam, BC

    Construction

    Construction Loan - $1,350,000

    Mortgage Broker

    Vancouver, BC

    Construction Loan

    Construction - $7,000,000

    Mortgage Broker

    Vancouver, BC

    Construction Loan

    Construction Loan - $6,100,000

    Mortgage Broker

    Vancouver, BC

    Construction

    Construction Loan - $7,000,000

    Mortgage Broker

    Vancouver, BC

    Construction

    Construction Loan - $6,840,000

    Mortgage Broker

    Vancouver, BC

    Construction

    Construction Loan - $2,200,000

    Mortgage Broker

    Dawson Creek, BC

    Inventory Loan

    Inventory Loan - $2,525,000

    Mortgage Broker

    White Rock, BC

    Construction & Inventory Loan

    $10,015,000 / $4,365,000

    Mortgage Broker

    Burnaby, BC

    Inventory Loan

    $4,300,000

    Mortgage Broker

    Vernon, BC

    Construction Loan

    $3,900,000

    Mortgage Broker

    Dawson Creek, BC

    Construction Loan

    $4,100,000

    Mortgage Broker

    Port Coquitlam, BC

    Construction Loan

    $5,700,000

    Mortgage Broker

    Port Coquitlam, BC

    Construction Loan

    $5,500,000

    Mortgage Broker

    Sechelt, BC

    Construction Loan

    $27,000,000

    Lender/Underwriter

    Calgary, AB

    Construction Loan

    $4,500,000

    Mortgage Broker

    Surrey, BC

    Construction Loan

    Mortgage Broker

    Coquitlam, BC

     

    Construction Loan

    $80,000,000

    Mortgage Broker

    Vancouver, BC

    Construction Loan

    Mortgage Broker

    Coquitlam, BC

     

    Construction Loan

    Mortgage Broker

    White Rock, BC

     

    Construction Loan

    Mortgage Broker

    White Rock, BC

     

    Construction Loan

    Mortgage Broker

    Surrey, BC

     

    Construction Loan

    Mortgage Broker

    New Westminster, BC

     

    Construction Loan

    Mortgage Broker

    North Vancouver, BC

     

    Construction Loan

    Mortgage Broker

    Surrey , BC

     

    Construction Loan

    $10,000,000

    Lender

    Edmonton, AB

    Construction Loan

    $7,800,000 Construction Loan

    Mortgage Broker

    Vancouver, BC

    Construction Loan

    $6,500,000

    Lender

    Mississauga, ON

  • Multifamily Residential

    Multi-Family Residential

    Term Loan - $4,100,000

    Mortgage Broker

    Calgary, AB

    Multi-Family Residential

    Term Loan - $1,050,000

    Mortgage Broker

    Kamloops, BC

    Multi-Family Residential

    Term Loan - $1,252,000

    Mortgage Broker

    Melfort, SK

    Multi-Family Residential

    Term Loan - $1,365,000

    Mortgage Broker

    Kamloops, BC

    Multi-Family Residential

    Construction Loan - $5,300,000

    Mortgage Broker

    Saskatoon, SK

     

    Multi-Family & Society Offices

    Construction Loan & Long-Term Financing - $30,000,000

    Mortgage Broker

    New Westminster, BC

    Multifamily Residential

    Term Loan - $24,400,000

    Lender/Underwriter

    Toronto, ON

     

    Multifamily Residential

    Mortgage Broker

    Vancouver, BC

     

     

    Multifamily Residential

    Mortgage Broker

    Coquitlam, BC

     

    Multifamily Residential

    $10,000,000

    Lender

    Edmonton, AB

    Multifamily Residential

    $3,625,000

    Lender

    Toronto, ON

    Multifamily Residential

    Term Loan

    Mortgage Broker

    Chilliwack, BC

    Multifamily Residential

    $1,050,000

    Mortgage Broker

    Port Moody, BC

    Mid-Rise Apartment

    Term Loan

    Lender/Underwriter

    Toronto, ON

    Low-Rise Apartment

    $800,000

    Lender/Underwriter

    Vancouver, BC

  • Hospitality & Other

    Hospitality

    $8,385,000

    Lender/Underwriter

    Niagara Falls, ON

    Seniors Home

    $13,260,000

    Lender/Underwriter

    Mississauga, ON

    Seniors Home

    $13,000,000

    Lender/Underwriter

    Ottawa, ON

    Mobile Home Park

    $5,111,000

    Lender/Underwriter

    Whitecourt, AB

    Self-Storage Facility

    $13,750,000

    Lender/Underwriter

    White Rock, BC

    Self-Storage Facility

    Term Loan - $5,100,000

    Lender/Underwriter

    Toronto, ON

    Car Wash Facility

    Term Loan - $900,000

    Mortgage Broker

    Aldergrove, BC

    Church

    Term Loan

    Mortgage Broker

    Vancouver, BC

  • Land & Land Development

    Land Loan

    Land Loan - $575,000

    Mortgage Broker

    New Westminster, BC

    Land Loan

    Land Loan - $1,185,000

    Mortgage Broker

    Vancouver, BC

    Development Land

    Land Loan - $1,100,000

    Mortgage Broker

    Coquitlam, BC

    Development Land

    Land Loan - $6,310,000

    Mortgage Broker

    Port Coquitlam, BC

    Development Land

    Land Loan - $1,900,000

    Mortgage Broker

    Vancouver, BC

    Land Loan

    Land Loan - $2,200,000

    Mortgage Broker

    New Westminster, BC

    Land Loan

    Land Loan - $840,000

    Mortgage Broker

    Richmond, BC

    Land Loan

    $2,000,000 Land Loan

    Mortgage Broker

    Vancouver, BC

    Land Loan

    Term Loan - $1,400,000

    Mortgage Broker

    Vancouver, BC

    Acquisition Financing

    Mortgage Broker

    Salt Spring Island, BC

    Land Loan

    Term Loan - $2,295,000

    Lender

    Delta, BC

    Retail

    $15,000,000

    Lender

    Colwood, BC

    Acquisition Financing

    $6,000,000 Financing

    $2,000,000 Private Equity

    Okanagan, BC

    Land Development

    $9,780,000

    Lender

    Red Deer County, AB

  • Residential Estate Homes

    Construction

    $2,820,000

    Mortgage Broker

    West Vancouver, BC

    Construction

    Construction Loan - $2,500,000

    Mortgage Broker

    West Vancouver, BC

    Construction

    Construction Loan - $1,640,000

    Mortgage Broker

    West Vancouver, BC

    Residential

    Construction Loan - $200,000

    Mortgage Broker

    North Vancouver, BC

    Residential Estate Home

    $2,925,000

    Mortgage Broker

    West Vancouver, BC

    Residential Estate Home

    $770,000

    Mortgage Broker

    North Vancouver, BC

    Residential Estate Home

    $3,325,000

    Mortgage Broker

    West Vancouver, BC

    Residential Estate Home

    $4,350,000

    Mortgage Broker

    West Vancouver, BC